SOLO vs. VEV, FSRN, FSR, REE, ZEV, CENN, WKHS, LOBO, CTNT, and CZOO
Should you be buying Electrameccanica Vehicles stock or one of its competitors? The main competitors of Electrameccanica Vehicles include Vicinity Motor (VEV), Fisker (FSRN), Fisker (FSR), REE Automotive (REE), Lightning eMotors (ZEV), Cenntro (CENN), Workhorse Group (WKHS), Lobo EV Technologies (LOBO), Cheetah Net Supply Chain Service (CTNT), and Cazoo Group (CZOO). These companies are all part of the "auto/tires/trucks" sector.
Vicinity Motor (NASDAQ:VEV) and Electrameccanica Vehicles (NASDAQ:SOLO) are both small-cap auto/tires/trucks companies, but which is the superior investment? We will contrast the two businesses based on the strength of their risk, institutional ownership, community ranking, profitability, dividends, valuation, analyst recommendations, earnings and media sentiment.
0.3% of Vicinity Motor shares are owned by institutional investors. Comparatively, 1.9% of Electrameccanica Vehicles shares are owned by institutional investors. 8.7% of Electrameccanica Vehicles shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Vicinity Motor presently has a consensus price target of $3.00, suggesting a potential upside of 331.65%. Electrameccanica Vehicles has a consensus price target of $0.40, suggesting a potential upside of 88.50%. Given Electrameccanica Vehicles' higher possible upside, research analysts plainly believe Vicinity Motor is more favorable than Electrameccanica Vehicles.
Vicinity Motor has a beta of 0.57, indicating that its share price is 43% less volatile than the S&P 500. Comparatively, Electrameccanica Vehicles has a beta of 2.6, indicating that its share price is 160% more volatile than the S&P 500.
In the previous week, Vicinity Motor had 4 more articles in the media than Electrameccanica Vehicles. MarketBeat recorded 4 mentions for Vicinity Motor and 0 mentions for Electrameccanica Vehicles. Electrameccanica Vehicles' average media sentiment score of 0.35 beat Vicinity Motor's score of 0.00 indicating that Vicinity Motor is being referred to more favorably in the media.
Electrameccanica Vehicles received 115 more outperform votes than Vicinity Motor when rated by MarketBeat users. Likewise, 64.80% of users gave Electrameccanica Vehicles an outperform vote while only 50.00% of users gave Vicinity Motor an outperform vote.
Vicinity Motor has higher revenue and earnings than Electrameccanica Vehicles. Vicinity Motor is trading at a lower price-to-earnings ratio than Electrameccanica Vehicles, indicating that it is currently the more affordable of the two stocks.
Vicinity Motor has a net margin of -87.32% compared to Vicinity Motor's net margin of -2,290.59%. Vicinity Motor's return on equity of -46.23% beat Electrameccanica Vehicles' return on equity.
Summary
Vicinity Motor and Electrameccanica Vehicles tied by winning 8 of the 16 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SOLO 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 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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