Comparing Everpure (P) & The Competition

Everpure (NYSE:P) is one of 82 publicly-traded companies in the “Technology Hardware, Storage & Peripherals” industry, but how does it compare to its peers? We will compare Everpure to similar companies based on the strength of its dividends, institutional ownership, profitability, earnings, risk, valuation and analyst recommendations.

Risk and Volatility

Everpure has a beta of 1.39, meaning that its stock price is 39% more volatile than the S&P 500. Comparatively, Everpure’s peers have a beta of 1.74, meaning that their average stock price is 74% more volatile than the S&P 500.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Everpure	5.94%	19.06%	5.89%
Everpure Competitors	-113.14%	-29.20%	7.58%

Institutional & Insider Ownership

83.4% of Everpure shares are held by institutional investors. Comparatively, 51.5% of shares of all “Technology Hardware, Storage & Peripherals” companies are held by institutional investors. 5.1% of Everpure shares are held by insiders. Comparatively, 10.9% of shares of all “Technology Hardware, Storage & Peripherals” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Valuation & Earnings

This table compares Everpure and its peers gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Everpure	$4.26 billion	$188.18 million	173.85
Everpure Competitors	$25.35 billion	$3.64 billion	6.96

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

Analyst Ratings

This is a summary of recent recommendations and price targets for Everpure and its peers, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Everpure	1	2	18	1	2.86
Everpure Competitors	1104	4384	7778	376	2.54

Everpure presently has a consensus target price of $143.25, suggesting a potential upside of 12.88%. As a group, “Technology Hardware, Storage & Peripherals” companies have a potential upside of 48.48%. Given Everpure’s peers higher possible upside, analysts clearly believe Everpure has less favorable growth aspects than its peers.

Summary

Everpure beats its peers on 7 of the 13 factors compared.

About Everpure

Pure Storage, Inc. provides data storage technologies, products, and services in the United States and internationally. The company’s Purity software is shared across its products and provides enterprise-class data services, such as data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. Its products portfolio includes FlashArray for block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; FlashArray//XL; and FlashArray//C, an all-QLC flash array. The company also provides FlashBlade, a solution for unstructured data workloads of various types; FlashStack that combines compute, network, and storage to provide an infrastructure platform; FlashRecover, an all-flash modern data-protection solution; and AIRI, a full-stack AI-ready infrastructure. In addition, it offers evergreen storage subscription, Pure as-a-Service, and Cloud Block Store, as well as Portworx a cloud-native Kubernetes data management solution It also offers technical and professional, training and education, and certification services. The company sells its products and subscription services through direct sales force and channel partners. The company was formerly known as OS76, Inc. and changed its name to Pure Storage, Inc. in January 2010. Pure Storage, Inc. was incorporated in 2009 and is headquartered in Mountain View, California.