Financial Survey: EVgo (NASDAQ:EVGO) and Mingteng International (NASDAQ:MTEN)

EVgo (NASDAQ:EVGOGet Free Report) and Mingteng International (NASDAQ:MTENGet Free Report) are both small-cap auto/tires/trucks companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, valuation, institutional ownership, risk, profitability, dividends and earnings.

Profitability

This table compares EVgo and Mingteng International’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
EVgo -11.15% N/A -5.07%
Mingteng International N/A N/A N/A

Risk and Volatility

EVgo has a beta of 2.8, suggesting that its share price is 180% more volatile than the S&P 500. Comparatively, Mingteng International has a beta of -0.34, suggesting that its share price is 134% less volatile than the S&P 500.

Insider and Institutional Ownership

17.4% of EVgo shares are held by institutional investors. 0.1% of EVgo shares 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.

Analyst Recommendations

This is a summary of recent ratings and recommmendations for EVgo and Mingteng International, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
EVgo 1 3 5 0 2.44
Mingteng International 1 0 0 0 1.00

EVgo currently has a consensus target price of $5.28, suggesting a potential upside of 179.37%. Given EVgo’s stronger consensus rating and higher possible upside, analysts plainly believe EVgo is more favorable than Mingteng International.

Valuation and Earnings

This table compares EVgo and Mingteng International”s gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
EVgo $384.09 million 1.54 -$41.57 million ($0.35) -5.40
Mingteng International $11.66 million 0.27 -$1.79 million N/A N/A

Mingteng International has lower revenue, but higher earnings than EVgo.

Summary

EVgo beats Mingteng International on 8 of the 11 factors compared between the two stocks.

About EVgo

(Get Free Report)

EVgo, Inc. owns and operates a direct current fast charging network for electric vehicles (EVs) 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, microtargeted advertising, and charging reservations; and hardware, design, and construction services for charging sites, as well as ongoing operations, maintenance, and networking and software integration solutions through eXtend. In addition, it offers PlugShare such as data, research, and advertising services and equipment procurement and operational services. EVgo, Inc. was incorporated in 2010 and is headquartered in Los Angeles, California.EVgo, Inc. operates as a subsidiary of EVgo Holdings LLC.

About Mingteng International

(Get Free Report)

Mingteng International Corporation Inc. engages in the design, development, production, assembly, testing, repair, and after-sale service of molds in the People's Republic of China. It offers casting molds for turbocharger systems, braking systems, steering and differential systems, and other automotive system parts. The company also produces molds for new energy electric vehicle motor drive systems, battery pack systems, and engineering hydraulic components. It serves automobile, construction machinery, and other manufacturing industries. The company was founded in 2015 and is based in Wuxi, China.

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