Spruce Power (NYSE:SPRU – Get Rating) is one of 72 public companies in the "Motor vehicle parts & accessories" industry, but how does it weigh in compared to its rivals? We will compare Spruce Power to similar businesses based on the strength of its analyst recommendations, dividends, risk, earnings, profitability, institutional ownership and valuation.
Institutional and Insider Ownership
17.3% of Spruce Power shares are held by institutional investors. Comparatively, 59.9% of shares of all "Motor vehicle parts & accessories" companies are held by institutional investors. 15.3% of Spruce Power shares are held by insiders. Comparatively, 13.8% of shares of all "Motor vehicle parts & accessories" companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Get Spruce Power alerts:Analyst Recommendations
This is a breakdown of current ratings and target prices for Spruce Power and its rivals, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Spruce Power | 0 | 0 | 0 | 0 | N/A |
| Spruce Power Competitors | 431 | 2220 | 2972 | 47 | 2.46 |
Profitability
This table compares Spruce Power and its rivals' net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Spruce Power | -272.74% | -14.94% | -10.08% |
| Spruce Power Competitors | -451.37% | -12.85% | -4.64% |
Valuation and Earnings
This table compares Spruce Power and its rivals top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Spruce Power | $15.60 million | $28.79 million | -2.46 |
| Spruce Power Competitors | $5.20 billion | $130.23 million | 21.57 |
Spruce Power's rivals have higher revenue and earnings than Spruce Power. Spruce Power is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Risk & Volatility
Spruce Power has a beta of 0.94, suggesting that its share price is 6% less volatile than the S&P 500. Comparatively, Spruce Power's rivals have a beta of 1.75, suggesting that their average share price is 75% more volatile than the S&P 500.
Summary
Spruce Power rivals beat Spruce Power on 8 of the 10 factors compared.
Spruce Power Company Profile
(Get Rating)
XL Fleet Corp. provides fleet electrification solutions for commercial vehicles in North America. Its products include hybrid electric drive systems are comprised of an electric motor that is mounted onto the vehicle's drive shaft, an inverter motor controller, and a lithium-ion battery pack to store energy to be used for propulsion; plug-in hybrid electric drive system, which are fitted to vehicles. In addition, the company offers vehicle electrification and infrastructure solutions, and charging stations. It serves end-use customer base comprising Fortune 500 corporate enterprises, public utilities, and various municipalities. The company was incorporated in 2009 and is headquartered in Boston, Massachusetts.
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