REE vs. KNDI, NIU, FSRN, WKHS, CENN, FFIE, MULN, VEV, IDEX, and SVMH
Should you be buying REE Automotive stock or one of its competitors? The main competitors of REE Automotive include Kandi Technologies Group (KNDI), Niu Technologies (NIU), Fisker (FSRN), Workhorse Group (WKHS), Cenntro (CENN), Faraday Future Intelligent Electric (FFIE), Mullen Automotive (MULN), Vicinity Motor (VEV), Ideanomics (IDEX), and SRIVARU (SVMH). These companies are all part of the "motor vehicles & car bodies" industry.
REE Automotive (NASDAQ:REE) and Kandi Technologies Group (NASDAQ:KNDI) are both small-cap auto/tires/trucks companies, but which is the better business? We will contrast the two companies based on the strength of their dividends, community ranking, analyst recommendations, earnings, media sentiment, risk, institutional ownership, valuation and profitability.
Kandi Technologies Group has a net margin of 0.01% compared to REE Automotive's net margin of -6,265.21%. Kandi Technologies Group's return on equity of 0.00% beat REE Automotive's return on equity.
REE Automotive has a beta of 3.01, suggesting that its share price is 201% more volatile than the S&P 500. Comparatively, Kandi Technologies Group has a beta of 1.39, suggesting that its share price is 39% more volatile than the S&P 500.
REE Automotive currently has a consensus price target of $19.67, indicating a potential upside of 355.25%. Given REE Automotive's higher possible upside, equities research analysts plainly believe REE Automotive is more favorable than Kandi Technologies Group.
Kandi Technologies Group received 127 more outperform votes than REE Automotive when rated by MarketBeat users. Likewise, 60.00% of users gave Kandi Technologies Group an outperform vote while only 30.56% of users gave REE Automotive an outperform vote.
12.7% of REE Automotive shares are owned by institutional investors. Comparatively, 3.7% of Kandi Technologies Group shares are owned by institutional investors. 6.0% of REE Automotive shares are owned by company insiders. Comparatively, 16.8% of Kandi Technologies Group shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Kandi Technologies Group has higher revenue and earnings than REE Automotive. REE Automotive is trading at a lower price-to-earnings ratio than Kandi Technologies Group, indicating that it is currently the more affordable of the two stocks.
In the previous week, REE Automotive and REE Automotive both had 6 articles in the media. Kandi Technologies Group's average media sentiment score of 0.31 beat REE Automotive's score of -0.37 indicating that Kandi Technologies Group is being referred to more favorably in the news media.
Summary
Kandi Technologies Group beats REE Automotive on 11 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding REE 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.
REE Automotive Competitors List
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