Head to Head Analysis: EVgo (EVGO) & Its Rivals

EVgo (NYSE:EVGOGet Rating) is one of 29 publicly-traded companies in the “Retail stores, not elsewhere classified” industry, but how does it contrast to its rivals? We will compare EVgo to similar companies based on the strength of its dividends, valuation, earnings, profitability, institutional ownership, analyst recommendations and risk.

Volatility and Risk

EVgo has a beta of 1.75, indicating that its stock price is 75% more volatile than the S&P 500. Comparatively, EVgo’s rivals have a beta of 0.78, indicating that their average stock price is 22% less volatile than the S&P 500.

Insider and Institutional Ownership

13.7% of EVgo shares are held by institutional investors. Comparatively, 30.9% of shares of all “Retail stores, not elsewhere classified” companies are held by institutional investors. 74.5% of EVgo shares are held by company insiders. Comparatively, 19.6% of shares of all “Retail stores, not elsewhere classified” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Profitability

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

Net Margins Return on Equity Return on Assets
EVgo -52.62% N/A -8.17%
EVgo Competitors 0.64% 5.11% 1.98%

Valuation and Earnings

This table compares EVgo and its rivals top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
EVgo $22.21 million -$5.91 million -38.13
EVgo Competitors $7.61 billion $9.78 million 0.73

EVgo’s rivals have higher revenue and earnings than EVgo. EVgo 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.

Analyst Recommendations

This is a summary of recent recommendations for EVgo and its rivals, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
EVgo 1 3 6 0 2.50
EVgo Competitors 93 645 1180 44 2.60

EVgo currently has a consensus price target of $13.44, indicating a potential upside of 46.86%. As a group, “Retail stores, not elsewhere classified” companies have a potential upside of 27.25%. Given EVgo’s higher possible upside, equities research analysts plainly believe EVgo is more favorable than its rivals.

Summary

EVgo rivals beat EVgo on 10 of the 13 factors compared.

EVgo Company Profile

(Get Rating)

EVgo, Inc. owns and operates a direct current fast charging network in the United States. The company offers electricity directly to drivers, who access its publicly available networked chargers; original equipment manufacturer charging and related services; fleet and rideshare public charging services; and charging as a service and fleet dedicated charging services. It also provides ancillary services, such as customization of digital applications, charging data integration, loyalty programs, access to chargers behind parking lot, or garage, pay gates and pilots microtargeted advertising, and charging reservations; and maintenance and development and project management services through eXtendTM, including electric vehicle supply equipment installation, networking, and operations. The company was incorporated in 2010 and is based in Los Angeles, California.

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