COVTY vs. OROCF, BNTGY, HCHDF, KIROY, TYEKF, TKYMY, VLPNY, ABNAF, ABBRF, and ACAZF
Should you be buying Covestro stock or one of its competitors? The main competitors of Covestro include Allkem (OROCF), Brenntag (BNTGY), Hochschild Mining (HCHDF), Kumba Iron Ore (KIROY), thyssenkrupp (TYEKF), Tokuyama (TKYMY), Voestalpine (VLPNY), Aben Minerals (ABNAF), AbraSilver Resource (ABBRF), and Acadian Timber (ACAZF). These companies are all part of the "basic materials" sector.
Covestro vs.
Covestro (OTCMKTS:COVTY) and Allkem (OTCMKTS:OROCF) are both basic materials companies, but which is the superior investment? We will compare the two businesses based on the strength of their analyst recommendations, media sentiment, earnings, institutional ownership, dividends, profitability, community ranking, risk and valuation.
Covestro currently has a consensus price target of $40.29, indicating a potential upside of 93.22%. Given Covestro's stronger consensus rating and higher possible upside, equities analysts clearly believe Covestro is more favorable than Allkem.
Covestro has a beta of 1.24, suggesting that its stock price is 24% more volatile than the S&P 500. Comparatively, Allkem has a beta of 1.77, suggesting that its stock price is 77% more volatile than the S&P 500.
Allkem has a net margin of 0.00% compared to Covestro's net margin of -4.07%. Allkem's return on equity of 0.00% beat Covestro's return on equity.
In the previous week, Covestro had 70 more articles in the media than Allkem. MarketBeat recorded 70 mentions for Covestro and 0 mentions for Allkem. Covestro's average media sentiment score of 0.34 beat Allkem's score of 0.00 indicating that Covestro is being referred to more favorably in the media.
Allkem has lower revenue, but higher earnings than Covestro.
Covestro and Allkem both received 69 outperform votes by MarketBeat users. However, 64.49% of users gave Allkem an outperform vote while only 52.67% of users gave Covestro an outperform vote.
Summary
Covestro and Allkem tied by winning 6 of the 12 factors compared between the two stocks.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding COVTY and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartMedia Sentiment Over Time
This chart shows the average media sentiment of OTCMKTS 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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COVTY vs. The Competition
Covestro Competitors List
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