American Battery Technology (ABAT) Competitors

$1.34
-0.04 (-2.90%)
(As of 04/26/2024 08:52 PM ET)

ABAT vs. SPRU, KORE, CODA, FLUX, SOTK, SNCR, AUID, STCN, ASYS, and SURG

Should you be buying American Battery Technology stock or one of its competitors? The main competitors of American Battery Technology include Spruce Power (SPRU), KORE Group (KORE), Coda Octopus Group (CODA), Flux Power (FLUX), Sono-Tek (SOTK), Synchronoss Technologies (SNCR), authID (AUID), Steel Connect (STCN), Amtech Systems (ASYS), and SurgePays (SURG). These companies are all part of the "computer and technology" sector.

American Battery Technology vs.

Spruce Power (NYSE:SPRU) and American Battery Technology (NASDAQ:ABAT) are both small-cap computer and technology companies, but which is the superior investment? We will contrast the two businesses based on the strength of their community ranking, risk, profitability, institutional ownership, earnings, valuation, media sentiment, dividends and analyst recommendations.

American Battery Technology received 1 more outperform votes than Spruce Power when rated by MarketBeat users.

CompanyUnderperformOutperform
Spruce PowerN/AN/A
American Battery TechnologyOutperform Votes
1
100.00%
Underperform Votes
No Votes

20.8% of Spruce Power shares are held by institutional investors. Comparatively, 9.9% of American Battery Technology shares are held by institutional investors. 9.5% of Spruce Power shares are held by company insiders. Comparatively, 4.0% of American Battery Technology shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

American Battery Technology has a net margin of 0.00% compared to American Battery Technology's net margin of -82.70%. American Battery Technology's return on equity of -7.24% beat Spruce Power's return on equity.

Company Net Margins Return on Equity Return on Assets
Spruce Power-82.70% -7.24% -1.95%
American Battery Technology N/A -36.74%-29.04%

American Battery Technology has lower revenue, but higher earnings than Spruce Power.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Spruce Power$79.86M1.00-$65.83M-$3.59-1.22
American Battery TechnologyN/AN/A-$9.29MN/AN/A

American Battery Technology has a consensus target price of $6.00, indicating a potential upside of 347.76%. Given Spruce Power's higher possible upside, analysts clearly believe American Battery Technology is more favorable than Spruce Power.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Spruce Power
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
American Battery Technology
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

In the previous week, Spruce Power had 1 more articles in the media than American Battery Technology. MarketBeat recorded 6 mentions for Spruce Power and 5 mentions for American Battery Technology. American Battery Technology's average media sentiment score of 0.40 beat Spruce Power's score of 0.00 indicating that Spruce Power is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Spruce Power
0 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Neutral
American Battery Technology
0 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Spruce Power beats American Battery Technology on 7 of the 12 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ABAT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

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.
Skip Chart

ABAT vs. The Competition

MetricAmerican Battery TechnologyMining & quarrying of nonmetallic minerals, except fuels IndustryComputer SectorNASDAQ Exchange
Market Cap$69.53M$6.34B$20.63B$7.63B
Dividend YieldN/A1.10%2.79%3.94%
P/E RatioN/A11.58237.1516.18
Price / SalesN/A989.73514.3488.00
Price / CashN/A11.9028.9035.33
Price / Book0.993.436.804.26
Net Income-$9.29M$326.27M$628.31M$214.06M
7 Day PerformanceN/A4.12%3.03%1.88%
1 Month Performance-23.43%-1.92%-3.16%-5.70%
1 Year PerformanceN/A7.18%16.37%6.72%

American Battery Technology Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SPRU
Spruce Power
0 of 5 stars
$3.85
+4.6%
N/A-22.1%$70.08M$79.86M-1.07142High Trading Volume
KORE
KORE Group
2.3894 of 5 stars
$0.78
-2.5%
$2.94
+276.9%
-36.1%$67.64M$276.61M-0.40595Gap Down
CODA
Coda Octopus Group
2.2552 of 5 stars
$6.00
-0.5%
$10.00
+66.7%
-15.5%$67.02M$19.35M28.5783
FLUX
Flux Power
2.6659 of 5 stars
$4.05
-4.3%
$9.50
+134.6%
+13.3%$66.95M$66.34M-11.25133Analyst Report
Short Interest ↑
Gap Up
SOTK
Sono-Tek
0.3526 of 5 stars
$4.23
+4.2%
N/A-18.5%$66.58M$15.06M60.4373Positive News
Gap Down
SNCR
Synchronoss Technologies
0.8134 of 5 stars
$6.44
+2.1%
$36.00
+459.0%
-17.8%$66.40M$164.20M-0.971,321
AUID
authID
0.1242 of 5 stars
$7.69
-0.1%
N/A+168.6%$72.67M$190,289.000.0022Short Interest ↑
News Coverage
Gap Up
High Trading Volume
STCN
Steel Connect
1.5836 of 5 stars
$11.60
+7.2%
N/A+46,296.7%$72.96M$189.09M11.681,000Insider Buying
Short Interest ↑
News Coverage
Positive News
High Trading Volume
ASYS
Amtech Systems
2.871 of 5 stars
$4.65
-2.1%
N/A-43.0%$65.98M$113.32M-3.44405Short Interest ↓
Positive News
SURG
SurgePays
4.0728 of 5 stars
$3.41
-7.8%
$10.00
+193.3%
-21.2%$65.78M$137.14M2.4522Positive News
Gap Up

Related Companies and Tools

This page (NASDAQ:ABAT) was last updated on 4/29/2024 by MarketBeat.com Staff

From Our Partners