EVgo (NASDAQ:EVGO – Get Free Report) and AB Volvo (OTCMKTS:VLVLY – Get Free Report) are both auto/tires/trucks companies, but which is the better stock? We will compare the two companies based on the strength of their dividends, institutional ownership, risk, profitability, valuation, analyst recommendations and earnings.
Institutional & Insider Ownership
17.4% of EVgo shares are owned by institutional investors. Comparatively, 0.0% of AB Volvo shares are owned by institutional investors. 58.8% of EVgo shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Volatility and Risk
EVgo has a beta of 2.38, meaning that its stock price is 138% more volatile than the S&P 500. Comparatively, AB Volvo has a beta of 1.13, meaning that its stock price is 13% more volatile than the S&P 500.
Analyst Ratings
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| EVgo | 1 | 2 | 6 | 0 | 2.56 |
| AB Volvo | 1 | 3 | 0 | 3 | 2.71 |
EVgo currently has a consensus target price of $5.82, indicating a potential upside of 90.09%. Given EVgo’s higher possible upside, analysts clearly believe EVgo is more favorable than AB Volvo.
Earnings & Valuation
This table compares EVgo and AB Volvo”s gross revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| EVgo | $256.83 million | 3.67 | -$44.33 million | ($0.39) | -7.85 |
| AB Volvo | $49.84 billion | 1.37 | $4.77 billion | $2.03 | 16.57 |
AB Volvo has higher revenue and earnings than EVgo. EVgo is trading at a lower price-to-earnings ratio than AB Volvo, indicating that it is currently the more affordable of the two stocks.
Profitability
This table compares EVgo and AB Volvo’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% |
| AB Volvo | 8.47% | 22.66% | 6.10% |
Summary
AB Volvo beats EVgo on 9 of the 15 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 AB Volvo
AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, the United States, Asia, Africa, and Oceania. The company provides heavy-duty trucks for long-haulage and construction work and light-duty trucks for distribution purposes under the Volvo, Renault Trucks, Mack, Eicher, and Dongfeng Trucks brands; and city and intercity buses, coaches, and chassis under the Prevost and Volvo Bus brands. It offers road construction machine, haulers, wheel loaders, excavators, and compact equipment. In addition, the company offers engines and power solutions for leisure and commercial vessels, as well as for power generation, industrial, and off-highway applications under the Volvo Penta brand name. Further, it provides financing, insurance, rental, spare parts, repairs, preventive maintenance, service agreement, and assistance services. The company offers its products and services through a network of dealerships and workshops. It has a strategic alliance with Isuzu Motors within commercial vehicles; a partnership with Samsung SDI Co to develop batteries for its electric products; and an agreement with Aurora to develop autonomous trucks. AB Volvo (publ) was incorporated in 1915 and is headquartered in Gothenburg, Sweden.
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