CHPT vs. MLR, HSAI, EVGO, PLOW, LAZR, HLLY, SHYF, SMP, SLDP, and ZAPP
Should you be buying ChargePoint stock or one of its competitors? The main competitors of ChargePoint include Miller Industries (MLR), Hesai Group (HSAI), EVgo (EVGO), Douglas Dynamics (PLOW), Luminar Technologies (LAZR), Holley (HLLY), The Shyft Group (SHYF), Standard Motor Products (SMP), Solid Power (SLDP), and Zapp Electric Vehicles Group (ZAPP). These companies are all part of the "auto/tires/trucks" sector.
Miller Industries (NYSE:MLR) and ChargePoint (NYSE:CHPT) are both small-cap auto/tires/trucks companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, community ranking, valuation, earnings, risk, dividends, institutional ownership, media sentiment and profitability.
Miller Industries has higher revenue and earnings than ChargePoint. ChargePoint is trading at a lower price-to-earnings ratio than Miller Industries, indicating that it is currently the more affordable of the two stocks.
Miller Industries received 111 more outperform votes than ChargePoint when rated by MarketBeat users. Likewise, 69.36% of users gave Miller Industries an outperform vote while only 44.44% of users gave ChargePoint an outperform vote.
In the previous week, ChargePoint had 11 more articles in the media than Miller Industries. MarketBeat recorded 12 mentions for ChargePoint and 1 mentions for Miller Industries. ChargePoint's average media sentiment score of 0.00 beat Miller Industries' score of -0.06 indicating that Miller Industries is being referred to more favorably in the media.
Miller Industries has a net margin of 5.05% compared to Miller Industries' net margin of -90.32%. ChargePoint's return on equity of 17.97% beat Miller Industries' return on equity.
79.2% of Miller Industries shares are held by institutional investors. Comparatively, 37.8% of ChargePoint shares are held by institutional investors. 3.9% of Miller Industries shares are held by company insiders. Comparatively, 12.9% of ChargePoint shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Miller Industries has a beta of 1.04, indicating that its stock price is 4% more volatile than the S&P 500. Comparatively, ChargePoint has a beta of 1.62, indicating that its stock price is 62% more volatile than the S&P 500.
ChargePoint has a consensus target price of $5.46, indicating a potential upside of 331.82%. Given Miller Industries' higher probable upside, analysts plainly believe ChargePoint is more favorable than Miller Industries.
Summary
Miller Industries beats ChargePoint on 11 of the 17 factors compared between the two stocks.
Get ChargePoint News Delivered to You Automatically
Sign up to receive the latest news and ratings for CHPT and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding CHPT 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 NYSE 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.
ChargePoint Competitors List
Related Companies and Tools
