Head to Head Comparison: RideNow Group (NASDAQ:RDNW) & Ocado Group (OTCMKTS:OCDDY)

RideNow Group (NASDAQ:RDNWGet Free Report) and Ocado Group (OTCMKTS:OCDDYGet Free Report) are both retail/wholesale companies, but which is the superior business? We will compare the two companies based on the strength of their valuation, analyst recommendations, risk, dividends, earnings, institutional ownership and profitability.

Profitability

This table compares RideNow Group and Ocado Group’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
RideNow Group -9.87% -101.83% -4.77%
Ocado Group N/A N/A N/A

Insider and Institutional Ownership

66.1% of RideNow Group shares are owned by institutional investors. 54.7% of RideNow Group shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Risk and Volatility

RideNow Group has a beta of 0.94, indicating that its stock price is 6% less volatile than the S&P 500. Comparatively, Ocado Group has a beta of 2.06, indicating that its stock price is 106% more volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of current recommendations for RideNow Group and Ocado Group, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
RideNow Group 1 4 1 0 2.00
Ocado Group 0 0 0 0 0.00

RideNow Group currently has a consensus price target of $4.50, indicating a potential upside of 25.35%. Given RideNow Group’s stronger consensus rating and higher probable upside, analysts clearly believe RideNow Group is more favorable than Ocado Group.

Earnings & Valuation

This table compares RideNow Group and Ocado Group”s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
RideNow Group $1.21 billion 0.11 -$78.60 million ($3.01) -1.19
Ocado Group $1.55 billion 1.77 -$429.66 million N/A N/A

RideNow Group has higher earnings, but lower revenue than Ocado Group.

About RideNow Group

(Get Free Report)

RumbleOn, Inc. primarily operates as a powersports retailer in the United States. It operates in two segments, Powersports and Vehicle Transportation Services. The Powersports segment provides new and pre-owned motorcycles, all-terrain vehicles, utility terrain or side-by-side vehicles, personal watercraft, snowmobiles, and other powersports products. It also offers parts, apparel, accessories, finance and insurance products and services, and aftermarket products, as well as repair and maintenance services. The Vehicle Transportation Services segment provides asset-light transportation brokerage services facilitating automobile transportation. The company was formerly known as Smart Server, Inc. and changed its name to RumbleOn, Inc. in February 2017. The company was incorporated in 2013 and is based in Irving, Texas.

About Ocado Group

(Get Free Report)

Ocado Group plc, together with its subsidiaries, operates as an online grocery retailer in the United Kingdom and internationally. The company operates in three segments: Technology Solutions, Ocado Logistics, and Ocado Retail. It offers online grocery and general merchandise; and customer fulfillment centers and logistics services. The company is involved in the software and robotics platform business that provides the Ocado Smart Platform as a managed service, as well as offers Ocado Intelligent Automation that sells its technology to warehouse environments in non-grocery markets. In addition, the company provides online retail and automated storage and retrieval solutions for general merchandise to corporations. Ocado Group plc was founded in 2000 and is headquartered in Hatfield, the United Kingdom.

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