Latch (LTCH) Competitors

$0.55
+0.05 (+10.00%)
(As of 05/10/2024 ET)

LTCH vs. PRTS, TOI, WKHS, FSRN, XOS, STRT, BEEM, CPTN, CZOO, and CENN

Should you be buying Latch stock or one of its competitors? The main competitors of Latch include CarParts.com (PRTS), Oncology Institute (TOI), Workhorse Group (WKHS), Fisker (FSRN), XOS (XOS), Strattec Security (STRT), Beam Global (BEEM), Cepton (CPTN), Cazoo Group (CZOO), and Cenntro (CENN).

Latch vs.

CarParts.com (NASDAQ:PRTS) and Latch (NASDAQ:LTCH) are both small-cap auto/tires/trucks companies, but which is the better investment? We will compare the two companies based on the strength of their earnings, profitability, analyst recommendations, valuation, institutional ownership, community ranking, media sentiment, risk and dividends.

CarParts.com has a beta of 2.05, indicating that its stock price is 105% more volatile than the S&P 500. Comparatively, Latch has a beta of 1.83, indicating that its stock price is 83% more volatile than the S&P 500.

CarParts.com has higher revenue and earnings than Latch.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
CarParts.com$675.73M0.09-$8.22M-$0.27-3.85
Latch$41.36M1.91-$166.32MN/AN/A

In the previous week, CarParts.com had 19 more articles in the media than Latch. MarketBeat recorded 19 mentions for CarParts.com and 0 mentions for Latch. Latch's average media sentiment score of 0.00 beat CarParts.com's score of 0.00 indicating that CarParts.com is being referred to more favorably in the media.

Company Overall Sentiment
CarParts.com Neutral
Latch Neutral

CarParts.com currently has a consensus target price of $3.33, suggesting a potential upside of 220.51%. Given Latch's higher probable upside, equities analysts plainly believe CarParts.com is more favorable than Latch.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
CarParts.com
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67
Latch
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

CarParts.com received 260 more outperform votes than Latch when rated by MarketBeat users. Likewise, 59.51% of users gave CarParts.com an outperform vote while only 27.27% of users gave Latch an outperform vote.

CompanyUnderperformOutperform
CarParts.comOutperform Votes
269
59.51%
Underperform Votes
183
40.49%
LatchOutperform Votes
9
27.27%
Underperform Votes
24
72.73%

75.3% of CarParts.com shares are owned by institutional investors. Comparatively, 0.4% of Latch shares are owned by institutional investors. 5.6% of CarParts.com shares are owned by company insiders. Comparatively, 27.5% of Latch shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Latch has a net margin of 0.00% compared to Latch's net margin of -2.36%. CarParts.com's return on equity of 0.00% beat Latch's return on equity.

Company Net Margins Return on Equity Return on Assets
CarParts.com-2.36% -13.75% -5.92%
Latch N/A N/A N/A

Summary

CarParts.com beats Latch on 10 of the 15 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding LTCH and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ 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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LTCH vs. The Competition

MetricLatchHardware IndustryAuto SectorNASDAQ Exchange
Market Cap$78.99M$1.62B$13.81B$7.80B
Dividend YieldN/AN/A2.50%3.92%
P/E RatioN/A8.139.4715.14
Price / Sales1.911.2111.8575.03
Price / CashN/A9.4510.3535.71
Price / BookN/A1.142.334.38
Net Income-$166.32M$21.84M$1.18B$217.43M
7 Day Performance37.47%21.51%0.95%-0.14%
1 Month Performance-26.67%-13.26%-4.71%-1.62%
1 Year Performance-26.10%3.42%-8.85%8.90%

Latch Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PRTS
CarParts.com
2.5551 of 5 stars
$1.16
-3.3%
$4.00
+244.8%
-77.4%$65.71M$675.73M-8.291,695Analyst Forecast
Short Interest ↑
High Trading Volume
TOI
Oncology Institute
1.2959 of 5 stars
$0.88
-6.4%
$2.25
+154.7%
+86.0%$65.65M$324.24M-0.96800Upcoming Earnings
WKHS
Workhorse Group
0.9104 of 5 stars
$0.20
+5.3%
$1.50
+653.0%
-83.2%$62.67M$13.10M-0.34298Gap Down
FSRN
Fisker
0 of 5 stars
$0.04
-20.4%
N/AN/A$59.04M$272.89M-0.021,135Gap Down
XOS
XOS
1.191 of 5 stars
$7.47
-0.4%
$20.63
+176.1%
-52.7%$57.89M$44.52M-0.57161Upcoming Earnings
STRT
Strattec Security
2.2028 of 5 stars
$21.54
-5.3%
N/A+31.8%$87.67M$492.95M430.893,361Short Interest ↓
Analyst Revision
News Coverage
BEEM
Beam Global
1.272 of 5 stars
$6.36
+2.4%
$18.00
+183.0%
-36.6%$92.41M$67.35M-4.33298News Coverage
CPTN
Cepton
0 of 5 stars
$3.03
flat
N/A-33.8%$48.24M$13.06M-1.0087Upcoming Earnings
Short Interest ↓
CZOO
Cazoo Group
0 of 5 stars
$9.38
+0.4%
N/A+270.4%$45.87M$1.54B0.003,226Short Interest ↑
Gap Down
CENN
Cenntro
0 of 5 stars
$1.47
+0.7%
N/A-62.5%$45.32M$22.08M0.00315Short Interest ↓
Gap Down

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This page (NASDAQ:LTCH) was last updated on 5/11/2024 by MarketBeat.com Staff

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