Financial Comparison: PureCycle Technologies (PCT) and Its Peers

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

Earnings & Valuation

This table compares PureCycle Technologies and its competitors gross 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’ competitors have higher revenue and earnings than PureCycle Technologies. PureCycle Technologies is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Analyst Recommendations

This is a breakdown of current ratings and price targets for PureCycle Technologies and its competitors, as reported by MarketBeat.

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 presently has a consensus price target of $24.00, suggesting a potential upside of 198.51%. As a group, “Plastics materials & resins” companies have a potential upside of 16.21%. Given PureCycle Technologies’ stronger consensus rating and higher possible upside, research analysts clearly believe PureCycle Technologies is more favorable than its competitors.

Insider & Institutional 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 hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Profitability

This table compares PureCycle Technologies and its competitors’ 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%

Risk and Volatility

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

Summary

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

PureCycle Technologies Company Profile (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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