Log in
NASDAQ:NKLA

Nikola Competitors

$22.54
-0.18 (-0.79 %)
(As of 10/23/2020 12:00 AM ET)
Add
Compare
Today's Range
$21.95
Now: $22.54
$23.05
50-Day Range
$17.88
MA: $27.31
$50.71
52-Week Range
$10.20
Now: $22.54
$93.99
Volume6.93 million shs
Average Volume15.05 million shs
Market Capitalization$8.54 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.19

Competitors

Nikola (NASDAQ:NKLA) Vs. ODFL, JBHT, UHAL, KNX, LSTR, and SAIA

Should you be buying NKLA stock or one of its competitors? Companies in the sub-industry of "trucking" are considered alternatives and competitors to Nikola, including Old Dominion Freight Line (ODFL), J.B. Hunt Transport Services (JBHT), AMERCO (UHAL), Knight-Swift Transportation (KNX), Landstar System (LSTR), and Saia (SAIA).

Nikola (NASDAQ:NKLA) and Old Dominion Freight Line (NASDAQ:ODFL) are both auto/tires/trucks companies, but which is the superior investment? We will contrast the two companies based on the strength of their analyst recommendations, risk, valuation, earnings, profitability, institutional ownership and dividends.

Volatility and Risk

Nikola has a beta of 1.19, meaning that its share price is 19% more volatile than the S&P 500. Comparatively, Old Dominion Freight Line has a beta of 1.06, meaning that its share price is 6% more volatile than the S&P 500.

Profitability

This table compares Nikola and Old Dominion Freight Line's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
NikolaN/A-24.39%-13.32%
Old Dominion Freight Line14.95%19.66%14.82%

Analyst Recommendations

This is a breakdown of recent ratings and recommmendations for Nikola and Old Dominion Freight Line, as reported by MarketBeat.com.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Nikola12202.20
Old Dominion Freight Line35402.08

Nikola currently has a consensus target price of $37.20, indicating a potential upside of 65.04%. Old Dominion Freight Line has a consensus target price of $179.3889, indicating a potential downside of 10.58%. Given Nikola's stronger consensus rating and higher possible upside, analysts plainly believe Nikola is more favorable than Old Dominion Freight Line.

Valuation and Earnings

This table compares Nikola and Old Dominion Freight Line's revenue, earnings per share and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NikolaN/AN/A$2.73 millionN/AN/A
Old Dominion Freight Line$4.11 billion5.73$615.52 million$5.1139.26

Old Dominion Freight Line has higher revenue and earnings than Nikola.

Insider and Institutional Ownership

13.1% of Nikola shares are held by institutional investors. Comparatively, 73.3% of Old Dominion Freight Line shares are held by institutional investors. 15.8% of Nikola shares are held by company insiders. Comparatively, 11.7% of Old Dominion Freight Line shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Summary

Old Dominion Freight Line beats Nikola on 7 of the 11 factors compared between the two stocks.

Nikola (NASDAQ:NKLA) and J.B. Hunt Transport Services (NASDAQ:JBHT) are both auto/tires/trucks companies, but which is the superior investment? We will contrast the two companies based on the strength of their analyst recommendations, risk, valuation, earnings, profitability, institutional ownership and dividends.

Volatility and Risk

Nikola has a beta of 1.19, meaning that its share price is 19% more volatile than the S&P 500. Comparatively, J.B. Hunt Transport Services has a beta of 1, meaning that its share price has a similar volatility profile to the S&P 500.

Profitability

This table compares Nikola and J.B. Hunt Transport Services' net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
NikolaN/A-24.39%-13.32%
J.B. Hunt Transport Services5.31%21.07%8.96%

Analyst Recommendations

This is a breakdown of recent ratings and recommmendations for Nikola and J.B. Hunt Transport Services, as reported by MarketBeat.com.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Nikola12202.20
J.B. Hunt Transport Services011802.42

Nikola currently has a consensus target price of $37.20, indicating a potential upside of 65.04%. J.B. Hunt Transport Services has a consensus target price of $135.50, indicating a potential upside of 5.06%. Given Nikola's higher possible upside, analysts plainly believe Nikola is more favorable than J.B. Hunt Transport Services.

Valuation and Earnings

This table compares Nikola and J.B. Hunt Transport Services' revenue, earnings per share and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NikolaN/AN/A$2.73 millionN/AN/A
J.B. Hunt Transport Services$9.17 billion1.48$516.32 million$4.8926.37

J.B. Hunt Transport Services has higher revenue and earnings than Nikola.

Insider and Institutional Ownership

13.1% of Nikola shares are held by institutional investors. Comparatively, 73.4% of J.B. Hunt Transport Services shares are held by institutional investors. 15.8% of Nikola shares are held by company insiders. Comparatively, 3.5% of J.B. Hunt Transport Services shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Summary

J.B. Hunt Transport Services beats Nikola on 8 of the 11 factors compared between the two stocks.

Nikola (NASDAQ:NKLA) and AMERCO (NASDAQ:UHAL) are both mid-cap auto/tires/trucks companies, but which is the superior investment? We will contrast the two companies based on the strength of their analyst recommendations, risk, valuation, earnings, profitability, institutional ownership and dividends.

Valuation and Earnings

This table compares Nikola and AMERCO's revenue, earnings per share and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NikolaN/AN/A$2.73 millionN/AN/A
AMERCO$3.98 billion1.82$442.05 million$15.1024.42

AMERCO has higher revenue and earnings than Nikola.

Volatility and Risk

Nikola has a beta of 1.19, meaning that its share price is 19% more volatile than the S&P 500. Comparatively, AMERCO has a beta of 0.74, meaning that its share price is 26% less volatile than the S&P 500.

Insider and Institutional Ownership

13.1% of Nikola shares are held by institutional investors. Comparatively, 35.2% of AMERCO shares are held by institutional investors. 15.8% of Nikola shares are held by company insiders. Comparatively, 42.6% of AMERCO shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Profitability

This table compares Nikola and AMERCO's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
NikolaN/A-24.39%-13.32%
AMERCO10.22%5.83%1.90%

Analyst Recommendations

This is a breakdown of recent ratings and recommmendations for Nikola and AMERCO, as reported by MarketBeat.com.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Nikola12202.20
AMERCO00103.00

Nikola currently has a consensus target price of $37.20, indicating a potential upside of 65.04%. Given Nikola's higher possible upside, analysts plainly believe Nikola is more favorable than AMERCO.

Summary

AMERCO beats Nikola on 8 of the 11 factors compared between the two stocks.

Nikola (NASDAQ:NKLA) and Knight-Swift Transportation (NYSE:KNX) are both mid-cap auto/tires/trucks companies, but which is the superior investment? We will contrast the two businesses based on the strength of their dividends, risk, analyst recommendations, earnings, profitability, institutional ownership and valuation.

Analyst Ratings

This is a breakdown of recent recommendations for Nikola and Knight-Swift Transportation, as reported by MarketBeat.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Nikola12202.20
Knight-Swift Transportation121302.75

Nikola currently has a consensus target price of $37.20, indicating a potential upside of 65.04%. Knight-Swift Transportation has a consensus target price of $48.8824, indicating a potential upside of 24.29%. Given Nikola's higher possible upside, equities research analysts plainly believe Nikola is more favorable than Knight-Swift Transportation.

Profitability

This table compares Nikola and Knight-Swift Transportation's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
NikolaN/A-24.39%-13.32%
Knight-Swift Transportation6.28%6.14%4.21%

Volatility and Risk

Nikola has a beta of 1.19, meaning that its stock price is 19% more volatile than the S&P 500. Comparatively, Knight-Swift Transportation has a beta of 1.21, meaning that its stock price is 21% more volatile than the S&P 500.

Earnings & Valuation

This table compares Nikola and Knight-Swift Transportation's revenue, earnings per share and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NikolaN/AN/A$2.73 millionN/AN/A
Knight-Swift Transportation$4.84 billion1.38$309.21 million$2.1718.12

Knight-Swift Transportation has higher revenue and earnings than Nikola.

Insider & Institutional Ownership

13.1% of Nikola shares are owned by institutional investors. Comparatively, 84.4% of Knight-Swift Transportation shares are owned by institutional investors. 15.8% of Nikola shares are owned by company insiders. Comparatively, 27.5% of Knight-Swift Transportation shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Summary

Knight-Swift Transportation beats Nikola on 10 of the 11 factors compared between the two stocks.

Nikola (NASDAQ:NKLA) and Landstar System (NASDAQ:LSTR) are both mid-cap auto/tires/trucks companies, but which is the superior investment? We will compare the two companies based on the strength of their dividends, risk, profitability, earnings, analyst recommendations, institutional ownership and valuation.

Analyst Ratings

This is a summary of current ratings and price targets for Nikola and Landstar System, as provided by MarketBeat.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Nikola12202.20
Landstar System19202.08

Nikola presently has a consensus target price of $37.20, suggesting a potential upside of 65.04%. Landstar System has a consensus target price of $121.4167, suggesting a potential downside of 8.00%. Given Nikola's stronger consensus rating and higher possible upside, equities research analysts clearly believe Nikola is more favorable than Landstar System.

Profitability

This table compares Nikola and Landstar System's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
NikolaN/A-24.39%-13.32%
Landstar System4.48%26.42%13.67%

Risk & Volatility

Nikola has a beta of 1.19, meaning that its stock price is 19% more volatile than the S&P 500. Comparatively, Landstar System has a beta of 1, meaning that its stock price has a similar volatility profile to the S&P 500.

Earnings & Valuation

This table compares Nikola and Landstar System's top-line revenue, earnings per share and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NikolaN/AN/A$2.73 millionN/AN/A
Landstar System$4.08 billion1.24$227.72 million$5.7223.07

Landstar System has higher revenue and earnings than Nikola.

Insider & Institutional Ownership

13.1% of Nikola shares are owned by institutional investors. 15.8% of Nikola shares are owned by company insiders. Comparatively, 1.0% of Landstar System shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Nikola (NASDAQ:NKLA) and Saia (NASDAQ:SAIA) are both mid-cap auto/tires/trucks companies, but which is the superior investment? We will compare the two companies based on the strength of their dividends, risk, profitability, earnings, analyst recommendations, institutional ownership and valuation.

Insider & Institutional Ownership

13.1% of Nikola shares are owned by institutional investors. 15.8% of Nikola shares are owned by company insiders. Comparatively, 1.2% of Saia shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Profitability

This table compares Nikola and Saia's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
NikolaN/A-24.39%-13.32%
Saia6.25%13.12%7.33%

Earnings & Valuation

This table compares Nikola and Saia's top-line revenue, earnings per share and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NikolaN/AN/A$2.73 millionN/AN/A
Saia$1.79 billion2.16$113.72 million$4.2334.85

Saia has higher revenue and earnings than Nikola.

Risk & Volatility

Nikola has a beta of 1.19, meaning that its stock price is 19% more volatile than the S&P 500. Comparatively, Saia has a beta of 1.03, meaning that its stock price is 3% more volatile than the S&P 500.

Analyst Ratings

This is a summary of current ratings and price targets for Nikola and Saia, as provided by MarketBeat.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Nikola12202.20
Saia17502.31

Nikola presently has a consensus target price of $37.20, suggesting a potential upside of 65.04%. Saia has a consensus target price of $115.00, suggesting a potential downside of 21.99%. Given Nikola's higher possible upside, equities research analysts clearly believe Nikola is more favorable than Saia.

Summary

Saia beats Nikola on 7 of the 11 factors compared between the two stocks.


Nikola Competitors List

Competitor NameCompetitor BTM RankCompetitor PriceCompetitor Price ChangeCompetitor Market CapCompetitor RevenueCompetitor P/E RatioCompetitor Indicator(s)
Old Dominion Freight Line logo
ODFL
Old Dominion Freight Line
1.6$200.62-2.2%$23.54 billion$4.11 billion40.72Upcoming Earnings
Dividend Announcement
Heavy News Reporting
J.B. Hunt Transport Services logo
JBHT
J.B. Hunt Transport Services
1.7$128.97-1.2%$13.61 billion$9.17 billion27.74Earnings Announcement
Dividend Announcement
Analyst Report
Analyst Revision
AMERCO logo
UHAL
AMERCO
1.5$368.79-0.9%$7.23 billion$3.98 billion18.20Analyst Upgrade
Knight-Swift Transportation logo
KNX
Knight-Swift Transportation
2.0$39.33-1.2%$6.69 billion$4.84 billion23.41Earnings Announcement
Analyst Report
Unusual Options Activity
Analyst Revision
Heavy News Reporting
Landstar System logo
LSTR
Landstar System
1.4$131.98-0.4%$5.07 billion$4.08 billion30.76Earnings Announcement
Dividend Announcement
Analyst Report
Analyst Revision
Heavy News Reporting
Saia logo
SAIA
Saia
1.2$147.41-0.2%$3.85 billion$1.79 billion35.18Upcoming Earnings
Werner Enterprises logo
WERN
Werner Enterprises
2.0$41.12-1.5%$2.84 billion$2.46 billion19.13Upcoming Earnings
Analyst Downgrade
Avis Budget Group logo
CAR
Avis Budget Group
1.6$40.38-5.6%$2.81 billion$9.17 billion-8.65Upcoming Earnings
Analyst Upgrade
Unusual Options Activity
Heavy News Reporting
Ryder System logo
R
Ryder System
1.6$51.58-0.5%$2.78 billion$8.93 billion-8.20Upcoming Earnings
Heartland Express logo
HTLD
Heartland Express
1.8$19.05-0.4%$1.55 billion$596.82 million23.52Earnings Announcement
Analyst Revision
Marten Transport logo
MRTN
Marten Transport
1.3$16.27-0.7%$1.34 billion$843.27 million20.34
FRP logo
FRPH
FRP
1.3$41.31-1.0%$394.43 million$23.76 million39.72Analyst Upgrade
Decrease in Short Interest
Heavy News Reporting
Hertz Global logo
HTZ
Hertz Global
1.3$1.75-0.6%$273.36 million$9.78 billion-0.22Heavy News Reporting
Roadrunner Transportation Systems logo
RRTS
Roadrunner Transportation Systems
0.8$2.24-1.3%$84.88 million$1.85 billion-0.22
This page was last updated on 10/25/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.