Financial Review: PureCycle Technologies (PCT) and Its Rivals

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

Earnings and Valuation

This table compares PureCycle Technologies and its rivals top-line 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.

Volatility & Risk

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’ rivals have a beta of 1.62, indicating that their average stock price is 62% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent ratings for PureCycle Technologies and its rivals, as provided 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 presently has a consensus target price of $24.00, indicating 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 plainly believe PureCycle Technologies is more favorable than its rivals.

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

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%

Summary

PureCycle Technologies rivals 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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