HYLN vs. MLR, GP, PEV, NXU, BLBD, WNC, AXL, CHPT, NKLA, and LAZR
Should you be buying Hyliion stock or one of its competitors? The main competitors of Hyliion include Miller Industries (MLR), GreenPower Motor (GP), Phoenix Motor (PEV), NXU (NXU), Blue Bird (BLBD), Wabash National (WNC), American Axle & Manufacturing (AXL), ChargePoint (CHPT), Nikola (NKLA), and Luminar Technologies (LAZR). These companies are all part of the "auto/tires/trucks" sector.
Miller Industries (NYSE:MLR) and Hyliion (NYSE:HYLN) are both small-cap auto/tires/trucks companies, but which is the superior stock? We will contrast the two businesses based on the strength of their dividends, media sentiment, risk, institutional ownership, community ranking, earnings, profitability, valuation and analyst recommendations.
Miller Industries has a beta of 1.02, meaning that its share price is 2% more volatile than the S&P 500. Comparatively, Hyliion has a beta of 1.85, meaning that its share price is 85% more volatile than the S&P 500.
79.2% of Miller Industries shares are owned by institutional investors. Comparatively, 22.8% of Hyliion shares are owned by institutional investors. 4.2% of Miller Industries shares are owned by insiders. Comparatively, 20.4% of Hyliion shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Hyliion has a consensus price target of $1.25, indicating a potential downside of 9.42%. Given Miller Industries' higher probable upside, analysts plainly believe Hyliion is more favorable than Miller Industries.
In the previous week, Hyliion had 1 more articles in the media than Miller Industries. MarketBeat recorded 3 mentions for Hyliion and 2 mentions for Miller Industries. Miller Industries' average media sentiment score of 0.97 beat Hyliion's score of 0.20 indicating that Hyliion is being referred to more favorably in the news media.
Miller Industries received 138 more outperform votes than Hyliion when rated by MarketBeat users. Likewise, 69.36% of users gave Miller Industries an outperform vote while only 48.08% of users gave Hyliion an outperform vote.
Miller Industries has higher revenue and earnings than Hyliion. Hyliion is trading at a lower price-to-earnings ratio than Miller Industries, indicating that it is currently the more affordable of the two stocks.
Miller Industries has a net margin of 5.41% compared to Miller Industries' net margin of -7,004.36%. Hyliion's return on equity of 19.46% beat Miller Industries' return on equity.
Summary
Miller Industries beats Hyliion on 10 of the 16 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding HYLN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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