Wetouch technology (WETH) compared to its competitors direct analysis


Wetouch Technology (OTCMKTS: WETH – Get Rating) is one of the 52 public companies in the Security Brokers and Dealers industry, but how is it different from its counterparts? We will compare Wetouch Technology with affiliated companies based on the strength of its analyst recommendations, profits, profitability, dividends, valuation, risk and institutional ownership.

Institutional and internal ownership

72.7% of Wetouch Technology shares are held by institutional investors. Relatively, 56.8% of the shares of all companies for brokers and securities dealers are held by institutional investors. 25.3% of Wetouch Technology’s shares are held by company insiders. Relatively, 25.8% of the shares of all companies for brokers and securities dealers are held by insiders of the company. Strong institutional ownership is an indication that hedge funds, big money managers and donations believe that stocks are ready for long-term growth.

Risk and variability

Wetouch Technology has a beta of -0.94, which shows that its share price is 194% less variable than the S&P 500. Comparatively, Wetouch Technology’s colleagues have a beta of 1.61, which shows that their average price of the stock is 61% more volatile than the S&P 500.

profitability

This table compares Wetouch technology and its partners’ net margins, return on equity and return on assets.

Net margins Return on equity Return on assets
Wetouch technology 27,55% N / A N / A
Competitors of Wetouch Technology 13.42% 17.71% 5.29%

Analyst ratings

This is a summary of the latest recommendations and price targets for Wetouch Technology and its analogues, as reported by MarketBeat.

Sales ratings Keep ratings Buy ratings Strong buying ratings Rating
Wetouch technology 0 0 0 0 N / A
Competitors of Wetouch Technology 546 2244 2257 73 2.36

As a group of companies, brokers and securities dealers have a potential growth of 37.88%. Given that Wetouch Technology’s peers are more likely to rise, analysts clearly believe that Wetouch Technology has more unfavorable aspects of growth than its counterparts.

Profits and valuation

This table compares Wetouch technology and gross earnings, earnings per share and the valuation of its counterparts.

Gross income Net income Price / profit ratio
Wetouch technology $ 40.79 million $ 17.39 million 1.94
Competitors of Wetouch Technology $ 7.16 billion $ 1.51 billion 14.39

Wetouch Technology’s peers have higher revenues and profits than Wetouch Technology. Wetouch Technology is trading at a lower price / profit ratio than its counterparts, which shows that it is currently more affordable than other companies in its industry.

Summary

Wetouch Technology’s colleagues beat Wetouch Technology in 8 of the 10 factors compared.

About Wetouch technology (Get an estimate)

Wetouch Technology Inc. is engaged in research, development, production, sales and service of medium to large designed capacitive touch screens in the People’s Republic of China, Taiwan, South Korea and internationally. Its product portfolio includes medium to large projected capacitive touch screens, ranging from 7.0 inches to 42-inch screens. The company offers Glass-Glass, which is mainly used in GPS / car entertainment panels in medium and luxury cars, industrial man-machine interface (HMI), financial and banking terminals, points of sale and lottery machines; Glass-Film-Film, used mainly in high-end GPS and entertainment panels, industrial HMI, financial and banking terminals, lottery and gaming industry; Plastic glass used in GPS / entertainment panels for motor vehicles GPS, smart home, robots and charging stations; and Glass-Film, which are used in the industrial HMI. Its products are also used in financial terminals, automotive, POS, games, lottery, medicine, HMI and other specialized industries. The company was founded in 2011 and is based in Meishan, China.



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