EVgo (NASDAQ:EVGO – Get Free Report) and Wabash National (NYSE:WNC – Get Free Report) are both small-cap auto/tires/trucks companies, but which is the better business? We will compare the two businesses based on the strength of their valuation, risk, profitability, institutional ownership, earnings, dividends and analyst recommendations.
Insider and Institutional Ownership
17.4% of EVgo shares are held by institutional investors. Comparatively, 97.1% of Wabash National shares are held by institutional investors. 0.1% of EVgo shares are held by company insiders. Comparatively, 2.8% of Wabash National shares 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.
Analyst Ratings
This is a breakdown of recent ratings and recommmendations for EVgo and Wabash National, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| EVgo | 1 | 3 | 5 | 0 | 2.44 |
| Wabash National | 1 | 2 | 0 | 0 | 1.67 |
Profitability
This table compares EVgo and Wabash National’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| EVgo | -11.15% | N/A | -5.07% |
| Wabash National | -4.41% | -30.16% | -8.79% |
Volatility & Risk
EVgo has a beta of 2.8, suggesting that its stock price is 180% more volatile than the S&P 500. Comparatively, Wabash National has a beta of 1.55, suggesting that its stock price is 55% more volatile than the S&P 500.
Earnings and Valuation
This table compares EVgo and Wabash National”s gross revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| EVgo | $384.09 million | 1.70 | -$41.57 million | ($0.35) | -5.94 |
| Wabash National | $1.47 billion | 0.22 | $211.45 million | ($1.60) | -4.84 |
Wabash National has higher revenue and earnings than EVgo. EVgo is trading at a lower price-to-earnings ratio than Wabash National, indicating that it is currently the more affordable of the two stocks.
Summary
EVgo beats Wabash National on 8 of the 14 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 Wabash National
Wabash National Corporation provides connected solutions for the transportation, logistics, and distribution industries primarily in the United States. The company operates through two segments, Transportation Solutions and Parts & Services. The Transportation Solutions segment designs and manufactures transportation-related equipment and products dry and refrigerated van trailers, platform trailers, tank trailers, and truck-mounted tanks; truck bodies for dry-freight transportation; cargo and cargo XL bodies for commercial applications; refrigerated truck bodies; platform truck bodies; and used trailers, as well as laminated hardwood oak flooring products. The Parts & Services segment provides aftermarket parts and services; steel flatbed bodies, truck body mounting, shelving for package delivery, partitions, roof racks, hitches, liftgates, thermal solutions, and others; truck body repair parts; and door repair and replacement, collision repair, and basic maintenance services. It also develops and scales a digital marketplace for the transportation and logistics distribution industry; operates a parts and services distribution platform; and stainless steel storage tanks and silos, mixers, and processors for the dairy, food and beverage, pharmaceutical, chemical, craft brewing, and biotech markets; trailers as a service; and composite products, including truck bodies, overhead doors, and other industrial application products, as well as used trailers. The company offers its products under the Wabash, DuraPlate, DuraPlateHD, DuraPlate AeroSkirt, and AeroSkirt CX brands, as well as EcoNex brand. It serves its products to truckload common carriers, leasing companies, private fleet carriers, less-than-truckload common carriers, and package carriers. Wabash National Corporation was founded in 1985 and is headquartered in Lafayette, Indiana.
Receive News & Ratings for EVgo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EVgo and related companies with MarketBeat.com's FREE daily email newsletter.
