PRTS vs. FSRN, LTCH, XOS, WKHS, REE, CENN, CPTN, MULN, VEV, and ECDA
Should you be buying CarParts.com stock or one of its competitors? The main competitors of CarParts.com include Fisker (FSRN), Latch (LTCH), XOS (XOS), Workhorse Group (WKHS), REE Automotive (REE), Cenntro (CENN), Cepton (CPTN), Mullen Automotive (MULN), Vicinity Motor (VEV), and ECD Automotive Design (ECDA). These companies are all part of the "auto/tires/trucks" sector.
CarParts.com (NASDAQ:PRTS) and Fisker (NYSE:FSRN) are both small-cap auto/tires/trucks companies, but which is the superior investment? We will compare the two companies based on the strength of their community ranking, risk, institutional ownership, dividends, analyst recommendations, valuation, media sentiment, profitability and earnings.
CarParts.com has higher revenue and earnings than Fisker. CarParts.com is trading at a lower price-to-earnings ratio than Fisker, indicating that it is currently the more affordable of the two stocks.
75.3% of CarParts.com shares are held by institutional investors. Comparatively, 33.6% of Fisker shares are held by institutional investors. 5.6% of CarParts.com shares are held by company insiders. Comparatively, 26.3% of Fisker shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
CarParts.com currently has a consensus target price of $3.33, indicating a potential upside of 211.53%. Given CarParts.com's higher probable upside, analysts plainly believe CarParts.com is more favorable than Fisker.
CarParts.com has a beta of 2.05, meaning that its share price is 105% more volatile than the S&P 500. Comparatively, Fisker has a beta of 0.13, meaning that its share price is 87% less volatile than the S&P 500.
In the previous week, Fisker had 10 more articles in the media than CarParts.com. MarketBeat recorded 13 mentions for Fisker and 3 mentions for CarParts.com. CarParts.com's average media sentiment score of 1.40 beat Fisker's score of -0.14 indicating that CarParts.com is being referred to more favorably in the media.
CarParts.com received 269 more outperform votes than Fisker when rated by MarketBeat users.
CarParts.com has a net margin of -2.36% compared to Fisker's net margin of -278.72%. CarParts.com's return on equity of -13.75% beat Fisker's return on equity.
Summary
CarParts.com beats Fisker on 12 of the 16 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding PRTS 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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