Analyzing REE Automotive (REE) and Its Peers


REE Automotive (NASDAQ:REEGet Rating) is one of 64 publicly-traded companies in the “Motor vehicles & car bodies” industry, but how does it contrast to its rivals? We will compare REE Automotive to similar businesses based on the strength of its analyst recommendations, institutional ownership, profitability, valuation, earnings, risk and dividends.

Insider & Institutional Ownership

23.7% of REE Automotive shares are held by institutional investors. Comparatively, 53.8% of shares of all “Motor vehicles & car bodies” companies are held by institutional investors. 6.0% of REE Automotive shares are held by insiders. Comparatively, 9.2% of shares of all “Motor vehicles & car bodies” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Volatility and Risk

REE Automotive has a beta of 1.2, indicating that its share price is 20% more volatile than the S&P 500. Comparatively, REE Automotive’s rivals have a beta of 1.56, indicating that their average share price is 56% more volatile than the S&P 500.

Profitability

This table compares REE Automotive and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
REE Automotive N/A -209.95% -183.48%
REE Automotive Competitors -12,601.68% -7.58% -1.39%

Analyst Ratings

This is a summary of recent ratings and recommmendations for REE Automotive and its rivals, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
REE Automotive 2 0 3 0 2.20
REE Automotive Competitors 1071 2629 3036 165 2.33

REE Automotive currently has a consensus price target of $7.17, suggesting a potential upside of 350.73%. As a group, “Motor vehicles & car bodies” companies have a potential upside of 35.28%. Given REE Automotive’s higher possible upside, analysts plainly believe REE Automotive is more favorable than its rivals.

Valuation & Earnings

This table compares REE Automotive and its rivals revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
REE Automotive $10,000.00 -$505.33 million -0.81
REE Automotive Competitors $44.91 billion $3.11 billion 78.95

REE Automotive’s rivals have higher revenue and earnings than REE Automotive. REE Automotive is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Summary

REE Automotive rivals beat REE Automotive on 10 of the 13 factors compared.

REE Automotive Company Profile (Get Rating)

REE Automotive Ltd. operates in the e-mobility business. The company develops REEcorner technology, which integrates vehicle drive components, including steering, braking, suspension, powertrain, and control into the arch of the wheel. The company also develops REEboard, a flat and modular EV chassis. The company is headquartered in Herzliya, Israel.



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Katherine T. Burrows

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