ESS Tech (NYSE:GWH – Get Rating) is one of 57 public companies in the Miscellaneous Electrical Machinery, Equipment & Supplies industry, but how is it different from its competitors? We will compare ESS Tech to similar companies based on the strength of its institutional ownership, profitability, earnings, analyst ratings, risk, valuation and dividends.
This table compares ESS Tech’s net margins, return on equity and return on assets to those of its peers.
|net margins||return on equity||return on investment|
|ESS Tech||N / A||-57.87%||-34.07%|
|ESS Tech competitors||-74.53%||-113.49%||-8.38%|
Rating & Result
This table compares the gross sales, earnings per share (EPS) and valuation of ESS Tech and its peers.
|gross receipts||net income||price-earnings ratio|
|ESS Tech||N / A||-$477.12 million||-0.56|
|ESS Tech competitors||$671.27 million||$23.76 million||0.46|
ESS Tech’s competitors have higher sales and profits than ESS Tech. ESS Tech trades at a lower price-to-earnings ratio than its peers, indicating that it is currently cheaper than other companies in its sector.
risk and volatility
ESS Tech has a beta of 3.13, indicating that its stock price is 213% more volatile than the S&P 500. In comparison, ESS Tech’s peers have a beta of 0.55, indicating that their average stock price 45% less volatile than the S&P 500.
This is a summary of recent recommendations for ESS Tech and its competitors as reported by MarketBeat.com.
|sell reviews||keep ratings||Buy reviews||Strong buy recommendations||rating score|
|ESS Tech competitors||40||430||910||32||2.66|
ESS Tech currently has a consensus price target of $14.64, which suggests a potential upside of 259.68%. As a group, the Miscellaneous Electrical Machinery, Equipment and Supplies companies have a potential upside of 52.16%. Given ESS Tech’s stronger consensus rating and more likely upside potential, analysts clearly believe ESS Tech is cheaper than its peers.
Insider and Institutional Property
44.1% of ESS Tech shares are owned by institutional investors. In comparison, 52.2% of the shares of all “Other electrical machinery, equipment and accessories” companies are owned by institutional investors. 6.8% of ESS Tech shares are owned by company insiders. In comparison, 12.7% of the shares of all “Other electrical machinery, equipment and supplies” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments, and hedge funds believe a company will outperform the market over the long term.
ESS Tech’s competitors beat ESS Tech on 7 of the 13 factors compared.
ESS Tech company profile
ESS Tech, Inc., an energy storage company, designs and manufactures iron flow batteries for commercial and large-scale energy storage applications worldwide. It offers energy storage products including Energy Warehouse, a behind-the-meter solution; and Energy Center, a front-of-the-meter solution. The company was founded in 2011 and is headquartered in Wilsonville, Oregon.
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