Churchill Capital Corp IX (CCIX) and The Competition Head to Head Review

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

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

Analyst Recommendations

This is a breakdown of recent recommendations for Churchill Capital Corp IX and its competitors, as reported by MarketBeat.

	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	500	236	201	3	1.69

As a group, “UNCLASSIFIED” companies have a potential upside of 78.87%. Given Churchill Capital Corp IX’s competitors stronger consensus rating and higher possible upside, analysts plainly believe Churchill Capital Corp IX has less favorable growth aspects than its competitors.

Valuation & Earnings

This table compares Churchill Capital Corp IX and its competitors top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Churchill Capital Corp IX	N/A	$8.56 million	48.91
Churchill Capital Corp IX Competitors	$37.18 million	-$41.51 million	77.66

Churchill Capital Corp IX’s competitors 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 competitors, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Churchill Capital Corp IX and its competitors’ 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%

Risk and Volatility

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

Summary

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

About Churchill Capital Corp IX

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.