EVgo (NYSE:EVGO – Get Free Report ) and SunCar Technology Group (NASDAQ:SDA – Get Free Report ) are both small car/tire/truck companies, but which is the better investment? We compare the two companies based on dividends, profitability, analyst recommendations, institutional holdings, revenue, risk and valuation strength.
Analysts' comments
Here's a breakdown of recent ratings and recommendations for EVgo and SunCar Technology Group from MarketBeat.
| Sell rating | Ratings on hold | Purchase Rating | Strong Buy Rating | Evaluation score | |
| EV Go | 0 | 3 | 3 | 0 | 2.50 |
| Suncor Technology Group | 0 | 0 | 0 | 0 | N/A |
EVgo's current consensus price target is $4.20, suggesting an upside potential of 96.26%. Considering EVgo's larger upside potential, analysts clearly consider it a better buy than SunCar Technology Group.
Revenue and Ratings
This table compares revenue, earnings per share, and valuation for EVgo and SunCar Technology Group.
| Earnings | Price/Sales Ratio | Net income | Earnings per Share | Price Earnings Ratio | |
| EV Go | $160.95 million | 4.02 | -$42.43 million | ($0.38) | -5.63 |
| Suncor Technology Group | $363.75 million | 2.03 | -$26.91 million | N/A | N/A |
SunCar Technology Group has higher revenues and profits than EVgo.
Volatility and Risk
EVgo's beta is 2.53, indicating that the company's stock price is 153% more volatile than the S&P 500. In comparison, SunCar Technology Group's beta is -0.15, indicating that the company's stock price is 115% less volatile than the S&P 500.
Profitability
This table compares the net profit margins, return on equity, and return on assets of EVgo and SunCar Technology Group.
| Net income | Return on Equity | Return on Assets | |
| EV Go | -20.54% | N/A | -4.85% |
| Suncor Technology Group | N/A | N/A | N/A |
Institutional and insider ownership
17.4% of EVgo's shares are held by institutional investors. In comparison, 0.3% of SunCar Technology Group's shares are held by institutional investors. 67.0% of EVgo's shares are held by insiders. In comparison, 22.2% of SunCar Technology Group's shares are held by insiders. Strong institutional holdings indicate that hedge funds, endowments, and large asset managers believe that a company is poised for long-term growth.
summary
EVgo outperforms SunCar Technology Group on six of the 10 factors comparing the two stocks.
About EVgo
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EVgo, Inc. owns and operates a direct current fast charging network for electric vehicles (EVs) in the United States. The company provides power directly to drivers accessing public network chargers, original equipment manufacturer charging and related services, fleet and rideshare public charging services, charging-as-a-service and fleet-only charging services. The company also offers ancillary services such as digital application customization, charging data integration, loyalty programs, access to chargers behind toll booths in parking lots or garages, micro-targeted advertising, charging reservations, charging site hardware, design and construction services, and ongoing operations, maintenance, network and software integration solutions through eXtend. Additionally, the company offers PlugShare, including data, research, advertising services, equipment procurement and operations services. EVgo, Inc. was founded in 2010 and is headquartered in Los Angeles, California. EVgo, Inc. operates as a subsidiary of LS Power Development, LLC.
About Suncor Technology Group
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SunCar Technology Group Inc., through its subsidiaries, provides digitized automobile after-sales services and online insurance brokerage services in the People's Republic of China. It operates through three business segments: insurance brokerage business, automobile after-sales service business and technology business. It provides customized after-sales services to banks, insurance companies and other customer types, as well as automobile insurance, including statutory automobile liability insurance and commercial automobile insurance. In addition, it also provides automobile insurance SaaS products and other technology services. The company is based in Shanghai, China.
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