ESS Tech (NYSE:GWH – Get Free Report) is one of 216 publicly-traded companies in the “Electrical Equipment” industry, but how does it contrast to its competitors? We will compare ESS Tech to related companies based on the strength of its institutional ownership, dividends, analyst recommendations, profitability, risk, earnings and valuation.
Analyst Recommendations
This is a summary of current ratings for ESS Tech and its competitors, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| ESS Tech | 1 | 0 | 1 | 0 | 2.00 |
| ESS Tech Competitors | 2280 | 5150 | 7193 | 434 | 2.38 |
ESS Tech currently has a consensus target price of $2.00, indicating a potential upside of 1,176.32%. As a group, “Electrical Equipment” companies have a potential upside of 41.92%. Given ESS Tech’s higher probable upside, analysts clearly believe ESS Tech is more favorable than its competitors.
Insider and Institutional Ownership
46.8% of ESS Tech shares are held by institutional investors. Comparatively, 37.3% of shares of all “Electrical Equipment” companies are held by institutional investors. 0.7% of ESS Tech shares are held by insiders. Comparatively, 14.7% of shares of all “Electrical Equipment” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Volatility & Risk
ESS Tech has a beta of 1.46, suggesting that its stock price is 46% more volatile than the S&P 500. Comparatively, ESS Tech’s competitors have a beta of -21.36, suggesting that their average stock price is 2,236% less volatile than the S&P 500.
Profitability
This table compares ESS Tech and its competitors’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| ESS Tech | N/A | -1,934.84% | -156.40% |
| ESS Tech Competitors | -354.39% | -45.13% | -7.93% |
Earnings & Valuation
This table compares ESS Tech and its competitors top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| ESS Tech | $1.58 million | -$63.44 million | -0.05 |
| ESS Tech Competitors | $2.36 billion | $141.14 million | 20.75 |
ESS Tech’s competitors have higher revenue and earnings than ESS Tech. ESS Tech 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.
Summary
ESS Tech competitors beat ESS Tech on 8 of the 13 factors compared.
ESS Tech Company Profile
ESS Tech, Inc., an energy storage company, designs and produces iron flow batteries for commercial and utility-scale energy storage applications worldwide. It offers energy storage products, which include Energy Warehouse, a behind-the-meter solution; and Energy Center, a front-of-the-meter solution. The company was founded in 2011 and is headquartered in Wilsonville, Oregon.
Receive News & Ratings for ESS Tech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ESS Tech and related companies with MarketBeat.com's FREE daily email newsletter.
-logo-1200x675.jpg){kind=logo}
