Head to Head Survey: Churchill Capital Corp IX (CCIX) vs. Its Competitors

Churchill Capital Corp IX (NASDAQ:CCIXGet Free Report) is one of 78 public companies in the “UNCLASSIFIED” industry, but how does it compare to its peers? We will compare Churchill Capital Corp IX to related businesses based on the strength of its analyst recommendations, risk, institutional ownership, profitability, earnings, valuation and dividends.

Profitability

This table compares Churchill Capital Corp IX and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Churchill Capital Corp IX N/A -95.26% 2.81%
Churchill Capital Corp IX Competitors -384.71% -227.52% -39.79%

Earnings and Valuation

This table compares Churchill Capital Corp IX and its peers revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Churchill Capital Corp IX N/A $8.56 million 49.05
Churchill Capital Corp IX Competitors $38.20 million -$41.51 million 77.01

Churchill Capital Corp IX’s peers have higher revenue, but lower earnings than Churchill Capital Corp IX. Churchill Capital Corp IX is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Insider and Institutional Ownership

53.9% of shares of all “UNCLASSIFIED” companies are owned by institutional investors. 21.6% of Churchill Capital Corp IX shares are owned by company insiders. Comparatively, 42.7% of shares of all “UNCLASSIFIED” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Volatility and Risk

Churchill Capital Corp IX has a beta of -0.11, suggesting that its stock price is 111% less volatile than the S&P 500. Comparatively, Churchill Capital Corp IX’s peers have a beta of -0.08, suggesting that their average stock price is 108% less volatile than the S&P 500.

Dividends

Churchill Capital Corp IX pays an annual dividend of $0.20 per share and has a dividend yield of 1.9%. Churchill Capital Corp IX pays out 90.9% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “UNCLASSIFIED” companies pay a dividend yield of 1.9% and pay out 90.9% of their earnings in the form of a dividend.

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for Churchill Capital Corp IX and its peers, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Churchill Capital Corp IX 1 0 0 0 1.00
Churchill Capital Corp IX Competitors 493 236 201 3 1.69

As a group, “UNCLASSIFIED” companies have a potential upside of 70.58%. Given Churchill Capital Corp IX’s peers stronger consensus rating and higher possible upside, analysts clearly believe Churchill Capital Corp IX has less favorable growth aspects than its peers.

Summary

Churchill Capital Corp IX peers beat Churchill Capital Corp IX on 9 of the 13 factors compared.

Churchill Capital Corp IX Company Profile

(Get Free Report)

Coleman Cable, Inc. (Coleman) is a designer, developer, manufacturer and supplier of electrical wire and cable products for consumer, commercial and industrial applications, with operations primarily in the United States and in Honduras and Canada. The Company’s wire and cable products enable it to offer its customers a single source for many of their wire and cable product requirements. It manufactures its products in 10 domestic manufacturing locations and supplement its domestic production with both international and domestic sourcing. It sells its products to more than 8,000 active customers in end markets. It operates in three segments: Distribution, OEM, and Other. On April 1, 2011, the Company acquired The Designers Edge. On April 29, 2011, the Company acquired certain assets of First Capitol Wire and Cable (FCWC) and Continental Wire and Cable (CWC). On May 16, 2011, the Company acquired Technology Research Corporation (TRC). In May 2012, the Company acquired Watteredge, Inc.

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