EVgo (NASDAQ:EVGO – Get Free Report) and WeRide (NASDAQ:WRD – Get Free Report) are both auto/tires/trucks companies, but which is the superior business? We will contrast the two businesses based on the strength of their profitability, risk, earnings, dividends, valuation, analyst recommendations and institutional ownership.
Volatility & Risk
EVgo has a beta of 2.38, suggesting that its stock price is 138% more volatile than the S&P 500. Comparatively, WeRide has a beta of 4.32, suggesting that its stock price is 332% more volatile than the S&P 500.
Valuation & Earnings
This table compares EVgo and WeRide”s gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| EVgo | $256.83 million | 3.68 | -$44.33 million | ($0.39) | -7.87 |
| WeRide | $49.47 million | 57.72 | -$350.09 million | ($0.84) | -10.49 |
EVgo has higher revenue and earnings than WeRide. WeRide is trading at a lower price-to-earnings ratio than EVgo, indicating that it is currently the more affordable of the two stocks.
Profitability
This table compares EVgo and WeRide’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| EVgo | -14.76% | N/A | -5.69% |
| WeRide | -329.54% | -24.31% | -22.06% |
Analyst Ratings
This is a summary of recent recommendations and price targets for EVgo and WeRide, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| EVgo | 1 | 2 | 6 | 0 | 2.56 |
| WeRide | 1 | 0 | 4 | 0 | 2.60 |
EVgo presently has a consensus target price of $5.82, suggesting a potential upside of 89.47%. WeRide has a consensus target price of $13.13, suggesting a potential upside of 48.89%. Given EVgo’s higher possible upside, research analysts clearly believe EVgo is more favorable than WeRide.
Insider & Institutional Ownership
17.4% of EVgo shares are owned by institutional investors. 58.8% of EVgo shares are owned by company insiders. Comparatively, 2.7% of WeRide shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Summary
EVgo beats WeRide on 11 of the 14 factors compared between the two stocks.
About EVgo
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 WeRide
WeRide, Inc. engages in the development of an autonomous driving technology platform. It offers Robotaxi, Robobus, Robovan, Robosweeper, and advanced driving solutions, providing smart services in online ride-hailing, on-demand transport, urban logistics, and environmental sanitation. The company was founded by Tony Xu Han and Yan Li in February 2017 and is headquartered in Guangzhou, China.
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