Solid Power (SLDP) vs. Its Rivals Head to Head Comparison

Solid Power (NASDAQ:SLDP – Get Rating) is one of 60 public companies in the “Miscellaneous electrical machinery, equipment, & supplies” industry, but how does it weigh in compared to its peers? We will compare Solid Power to related companies based on the strength of its dividends, valuation, analyst recommendations, earnings, institutional ownership, risk and profitability.

Profitability

This table compares Solid Power and its peers’ net margins, return on equity and return on assets.

Volatility and Risk

Solid Power has a beta of 1.64, suggesting that its share price is 64% more volatile than the S&P 500. Comparatively, Solid Power’s peers have a beta of 0.60, suggesting that their average share price is 40% less volatile than the S&P 500.

Insider and Institutional Ownership

34.0% of Solid Power shares are owned by institutional investors. Comparatively, 42.2% of shares of all “Miscellaneous electrical machinery, equipment, & supplies” companies are owned by institutional investors. 11.3% of Solid Power shares are owned by company insiders. Comparatively, 14.1% of shares of all “Miscellaneous electrical machinery, equipment, & supplies” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Earnings and Valuation

This table compares Solid Power and its peers top-line revenue, earnings per share and valuation.

Solid Power’s peers have higher revenue and earnings than Solid Power. Solid Power is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Analyst Recommendations

This is a summary of current recommendations for Solid Power and its peers, as provided by MarketBeat.

Solid Power currently has a consensus price target of $5.30, indicating a potential upside of 85.31%. As a group, “Miscellaneous electrical machinery, equipment, & supplies” companies have a potential upside of 43.10%. Given Solid Power’s higher probable upside, equities research analysts plainly believe Solid Power is more favorable than its peers.

Summary

Solid Power peers beat Solid Power on 8 of the 13 factors compared.

About Solid Power

(Get Rating)

Solid Power, Inc. focuses on the development and commercialization of all-solid-state battery cells and solid electrolyte materials for the battery-powered electric vehicle market in the United States. The company was founded in 2011 and is headquartered in Louisville, Colorado.

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