Critical Comparison: PureCycle Technologies (PCT) & Its Rivals

PureCycle Technologies (NYSE:PCTGet Rating) is one of 20 publicly-traded companies in the “Plastics materials & resins” industry, but how does it contrast to its rivals? We will compare PureCycle Technologies to similar businesses based on the strength of its profitability, institutional ownership, risk, valuation, dividends, earnings and analyst recommendations.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for PureCycle Technologies and its rivals, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
PureCycle Technologies 0 0 5 0 3.00
PureCycle Technologies Competitors 212 1084 1426 50 2.47

PureCycle Technologies currently has a consensus target price of $24.00, suggesting a potential upside of 198.51%. As a group, “Plastics materials & resins” companies have a potential upside of 16.34%. Given PureCycle Technologies’ stronger consensus rating and higher possible upside, equities analysts clearly believe PureCycle Technologies is more favorable than its rivals.

Institutional & Insider Ownership

43.9% of PureCycle Technologies shares are held by institutional investors. Comparatively, 73.3% of shares of all “Plastics materials & resins” companies are held by institutional investors. 11.1% of PureCycle Technologies shares are held by company insiders. Comparatively, 2.9% of shares of all “Plastics materials & resins” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Volatility and Risk

PureCycle Technologies has a beta of 1.35, indicating that its share price is 35% more volatile than the S&P 500. Comparatively, PureCycle Technologies’ rivals have a beta of 1.62, indicating that their average share price is 62% more volatile than the S&P 500.

Profitability

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

Net Margins Return on Equity Return on Assets
PureCycle Technologies N/A -21.91% -11.08%
PureCycle Technologies Competitors 2.20% 15.42% 5.44%

Earnings and Valuation

This table compares PureCycle Technologies and its rivals revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
PureCycle Technologies N/A -$77.50 million -7.73
PureCycle Technologies Competitors $14.34 billion $1.38 billion 43.39

PureCycle Technologies’ rivals have higher revenue and earnings than PureCycle Technologies. PureCycle Technologies 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.

Summary

PureCycle Technologies rivals beat PureCycle Technologies on 9 of the 13 factors compared.

About PureCycle Technologies (Get Rating)

PureCycle Technologies, Inc. produces recycled polypropylene (PP). The company holds a license for restoring waste PP into virgin-like resin. Its proprietary process removes color, odor, and other contaminants from recycled feedstock to produce recycled PP. The company was founded in 2015 and is based in Orlando, Florida.

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