Wetouch Technology (WETH) vs. Its Competitors Head-To-Head Analysis

Wetouch Technology (OTCMKTS:WETH – Get Rating) is one of 52 public companies in the “Security brokers & dealers” industry, but how does it contrast to its peers? We will compare Wetouch Technology to related companies based on the strength of its analyst recommendations, earnings, profitability, dividends, valuation, risk and institutional ownership.

Institutional & Insider Ownership

72.7% of Wetouch Technology shares are held by institutional investors. Comparatively, 56.8% of shares of all “Security brokers & dealers” companies are held by institutional investors. 25.3% of Wetouch Technology shares are held by company insiders. Comparatively, 25.8% of shares of all “Security brokers & dealers” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Risk and Volatility

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

Profitability

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

Analyst Ratings

This is a summary of recent recommendations and price targets for Wetouch Technology and its peers, as reported by MarketBeat.

As a group, “Security brokers & dealers” companies have a potential upside of 37.88%. Given Wetouch Technology’s peers higher probable upside, analysts plainly believe Wetouch Technology has less favorable growth aspects than its peers.

Earnings and Valuation

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

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

Summary

Wetouch Technology peers beat Wetouch Technology on 8 of the 10 factors compared.

About Wetouch Technology (Get Rating)

Wetouch Technology Inc. engages in the research, development, manufacture, sale, and servicing of medium to large sized projected capacitive touchscreens in the Peoples Republic of China, Taiwan, South Korea, and internationally. Its product portfolio comprises medium to large sized projected capacitive touchscreens, which range from 7.0 inch to 42-inch screens. The company offers Glass-Glass, which are primarily used in GPS/car entertainment panels in mid-size and luxury cars, industrial human-machine interface (HMI), financial and banking terminals, point of sale, and lottery machines; Glass-Film-Film, which are primarily used in high-end GPS and entertainment panels, industrial HMI, financial and banking terminals, lottery, and gaming industry; Plastic-Glass, which are used in GPS/entertainment panels motor vehicle GPS, smart home, robots, and charging stations; and Glass-Film that are used in industrial HMI. Its products are also used in financial terminals, automotive, POS, gaming, lottery, medical, HMI, and other specialized industries. The company was founded in 2011 and is based in Meishan, China.

Receive News & Ratings for Wetouch Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wetouch Technology and related companies with MarketBeat.com's FREE daily email newsletter.

Comments are closed.