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Nikola (NKLA) Competitors

$0.51
-0.01 (-1.92%)
(As of 05/31/2024 ET)

NKLA vs. WGO, TSLA, GM, F, THO, PSNY, REVG, NWTN, SHYF, and GGR

Should you be buying Nikola stock or one of its competitors? The main competitors of Nikola include Winnebago Industries (WGO), Tesla (TSLA), General Motors (GM), Ford Motor (F), THOR Industries (THO), Polestar Automotive Holding UK (PSNY), REV Group (REVG), NWTN (NWTN), The Shyft Group (SHYF), and Gogoro (GGR).

Nikola vs.

Winnebago Industries (NYSE:WGO) and Nikola (NASDAQ:NKLA) are both small-cap construction companies, but which is the better investment? We will compare the two businesses based on the strength of their earnings, community ranking, dividends, media sentiment, valuation, profitability, institutional ownership, risk and analyst recommendations.

Winnebago Industries received 295 more outperform votes than Nikola when rated by MarketBeat users. Likewise, 63.41% of users gave Winnebago Industries an outperform vote while only 53.45% of users gave Nikola an outperform vote.

CompanyUnderperformOutperform
Winnebago IndustriesOutperform Votes
357
63.41%
Underperform Votes
206
36.59%
NikolaOutperform Votes
62
53.45%
Underperform Votes
54
46.55%

Winnebago Industries currently has a consensus target price of $73.00, suggesting a potential upside of 17.65%. Nikola has a consensus target price of $1.33, suggesting a potential upside of 160.47%. Given Winnebago Industries' higher possible upside, analysts plainly believe Nikola is more favorable than Winnebago Industries.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Winnebago Industries
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60
Nikola
0 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.50

37.4% of Nikola shares are held by institutional investors. 3.8% of Winnebago Industries shares are held by insiders. Comparatively, 0.7% of Nikola shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

In the previous week, Nikola had 2 more articles in the media than Winnebago Industries. MarketBeat recorded 4 mentions for Nikola and 2 mentions for Winnebago Industries. Nikola's average media sentiment score of 0.15 beat Winnebago Industries' score of 0.09 indicating that Winnebago Industries is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Winnebago Industries
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Nikola
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral

Winnebago Industries has a net margin of 3.70% compared to Winnebago Industries' net margin of 0.00%. Nikola's return on equity of 14.15% beat Winnebago Industries' return on equity.

Company Net Margins Return on Equity Return on Assets
Winnebago Industries3.70% 14.15% 7.93%
Nikola N/A -113.18%-58.40%

Winnebago Industries has a beta of 1.72, meaning that its stock price is 72% more volatile than the S&P 500. Comparatively, Nikola has a beta of 2.1, meaning that its stock price is 110% more volatile than the S&P 500.

Winnebago Industries has higher revenue and earnings than Nikola. Nikola is trading at a lower price-to-earnings ratio than Winnebago Industries, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Winnebago Industries$3.14B0.58$215.90M$3.3418.58
Nikola$35.84M19.38-$966.28M-$1.06-0.48

Summary

Winnebago Industries beats Nikola on 13 of the 18 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.
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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.
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NKLA vs. The Competition

MetricNikolaMotor vehicles & car bodies IndustryAuto SectorNASDAQ Exchange
Market Cap$694.42M$31.62B$14.80B$7.96B
Dividend YieldN/A2.02%2.45%4.01%
P/E Ratio-0.489.9111.6018.57
Price / Sales19.3843.4912.3391.69
Price / CashN/A10.359.8531.51
Price / Book1.192.682.554.59
Net Income-$966.28M$2.68B$1.32B$213.90M
7 Day Performance-2.83%-1.84%-0.87%0.87%
1 Month Performance-15.25%1.85%2.23%3.60%
1 Year Performance-10.85%-11.46%-12.10%7.91%

Nikola Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
WGO
Winnebago Industries
3.3986 of 5 stars
$59.59
-0.5%
$73.00
+22.5%
+9.1%$1.74B$3.49B17.846,250
TSLA
Tesla
4.2088 of 5 stars
$176.75
-1.4%
$185.90
+5.2%
-14.2%$563.69B$96.77B45.09140,473
GM
General Motors
4.553 of 5 stars
$43.10
-2.3%
$54.65
+26.8%
+36.2%$49.17B$171.84B5.27163,000Analyst Upgrade
Insider Selling
F
Ford Motor
4.26 of 5 stars
$11.68
-3.9%
$13.89
+18.9%
+0.2%$46.63B$176.19B12.04177,000
THO
THOR Industries
3.6565 of 5 stars
$94.39
-1.3%
$103.17
+9.3%
+25.8%$5.03B$11.12B18.7324,900Upcoming Earnings
Analyst Revision
News Coverage
PSNY
Polestar Automotive Holding UK
0.768 of 5 stars
$0.77
-1.3%
$3.48
+351.2%
-75.7%$1.64B$2.46B0.002,377Upcoming Earnings
Gap Up
High Trading Volume
REVG
REV Group
1.5729 of 5 stars
$25.77
-5.3%
$17.60
-31.7%
+165.6%$1.33B$2.64B6.366,543Upcoming Earnings
Short Interest ↑
News Coverage
NWTN
NWTN
0 of 5 stars
$3.44
-14.4%
N/A-68.8%$984.49MN/A0.00103Short Interest ↑
Gap Down
High Trading Volume
SHYF
The Shyft Group
2.1148 of 5 stars
$12.56
+0.2%
$14.00
+11.5%
-47.8%$431.69M$872.20M-1,256.003,000Positive News
GGR
Gogoro
0.7916 of 5 stars
$1.42
flat
$2.20
+54.9%
-52.1%$349.04M$349.85M-6.761,892Short Interest ↑
News Coverage

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This page (NASDAQ:NKLA) was last updated on 6/2/2024 by MarketBeat.com Staff

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