Nikola (NASDAQ:NKLA) Vs. OSK, FSR, FSS, PTRA, SHYF, NIU, REVG, ELMS, IDEX, and WKHS
Should you be buying Nikola stock or one of its competitors? The main competitors of Nikola include Oshkosh (OSK), Fisker (FSR), Federal Signal (FSS), Proterra (PTRA), The Shyft Group (SHYF), Niu Technologies (NIU), REV Group (REVG), Electric Last Mile Solutions (ELMS), Ideanomics (IDEX), and Workhorse Group (WKHS). These companies are all part of the "automobile manufacturers" industry.These companies are all part of the "motor vehicles & car bodies" industry.
Nikola vs.
Fisker (NYSE:FSR) and Nikola (NASDAQ:NKLA) are both mid-cap auto/tires/trucks companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, analyst recommendations, risk, earnings, media sentiment, dividends, valuation, profitability and community ranking.
25.3% of Fisker shares are held by institutional investors. Comparatively, 43.7% of Nikola shares are held by institutional investors. 25.0% of Fisker shares are held by insiders. Comparatively, 22.8% of Nikola shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Fisker has a beta of 0.73, suggesting that its stock price is 27% less volatile than the S&P 500. Comparatively, Nikola has a beta of 0.67, suggesting that its stock price is 33% less volatile than the S&P 500.
Fisker presently has a consensus target price of $24.83, indicating a potential upside of 106.60%. Nikola has a consensus target price of $14.71, indicating a potential upside of 101.57%. Given Fisker's stronger consensus rating and higher probable upside, equities research analysts plainly believe Fisker is more favorable than Nikola.
Nikola received 20 more outperform votes than Fisker when rated by MarketBeat users. However, 70.59% of users gave Fisker an outperform vote while only 66.67% of users gave Nikola an outperform vote.
In the previous week, Fisker had 3 more articles in the media than Nikola. MarketBeat recorded 9 mentions for Fisker and 6 mentions for Nikola. Fisker's average media sentiment score of 0.34 beat Nikola's score of -0.12 indicating that Fisker is being referred to more favorably in the media.
Fisker has higher earnings, but lower revenue than Nikola. Fisker is trading at a lower price-to-earnings ratio than Nikola, indicating that it is currently the more affordable of the two stocks.
Fisker's return on equity of -20.82% beat Nikola's return on equity.
Summary
Fisker beats Nikola on 12 of the 16 factors compared between the two stocks.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding NKLA and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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.
Nikola (NASDAQ:NKLA) vs. Its Competitors
Nikola Competitors List
