HyreCar (NASDAQ:HYRE – Get Rating) and InterPrivate II Acquisition (NYSE:IPVA – Get Rating) are both small-cap transportation companies, but which is the superior business? We will compare the two companies based on the strength of their analyst recommendations, risk, profitability, dividends, valuation, institutional ownership and earnings.
Analyst Recommendations
This is a summary of current ratings and price targets for HyreCar and InterPrivate II Acquisition, as provided by MarketBeat.
Get HyreCar alerts:| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| HyreCar | 0 | 0 | 2 | 0 | 3.00 |
| InterPrivate II Acquisition | 0 | 0 | 0 | 0 | N/A |
HyreCar currently has a consensus target price of $6.88, suggesting a potential upside of 567.48%. Given HyreCar's higher probable upside, analysts clearly believe HyreCar is more favorable than InterPrivate II Acquisition.
Earnings and Valuation
This table compares HyreCar and InterPrivate II Acquisition's gross revenue, earnings per share and valuation.| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| HyreCar | $35.72 million | 0.63 | -$25.95 million | ($0.87) | -1.18 |
| InterPrivate II Acquisition | N/A | N/A | -$2.62 million | N/A | N/A |
InterPrivate II Acquisition has lower revenue, but higher earnings than HyreCar.
Institutional and Insider Ownership
55.1% of HyreCar shares are held by institutional investors. Comparatively, 66.1% of InterPrivate II Acquisition shares are held by institutional investors. 14.7% of HyreCar shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Profitability
This table compares HyreCar and InterPrivate II Acquisition's net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| HyreCar | -48.69% | -598.93% | -125.22% |
| InterPrivate II Acquisition | N/A | -13,789.61% | -0.01% |
Summary
HyreCar beats InterPrivate II Acquisition on 5 of the 9 factors compared between the two stocks.
About HyreCar
(Get Rating)
HyreCar Inc., together with subsidiaries, operates a web-based car-sharing marketplace in the United States. Its marketplace allows car and fleet owners to rent their idle cars to ride-sharing service drivers, such as Uber and Lyft drivers. HyreCar Inc. was incorporated in 2014 and is headquartered in Los Angeles, California.
About InterPrivate II Acquisition
(Get Rating)
InterPrivate II Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses. It intends to focus on businesses in the auto-tech and mobility, business services, consumer, retail, e-commerce, industrial technology sectors. The company was incorporated in 2020 and is based in New York, New York.
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