Zoomcar (NASDAQ:ZCAR – Get Free Report) and HyreCar (NASDAQ:HYRE – Get Free Report) are both small-cap auto/tires/trucks companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, profitability, valuation, analyst recommendations, dividends, earnings and risk.
Volatility and Risk
Zoomcar has a beta of -0.57, suggesting that its stock price is 157% less volatile than the S&P 500. Comparatively, HyreCar has a beta of 2.24, suggesting that its stock price is 124% more volatile than the S&P 500.
Valuation & Earnings
This table compares Zoomcar and HyreCar’s top-line revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Zoomcar | N/A | N/A | -$4.63 million | N/A | N/A |
HyreCar | $39.89 million | 0.00 | -$25.95 million | ($0.81) | N/A |
Analyst Recommendations
This is a breakdown of recent recommendations and price targets for Zoomcar and HyreCar, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Zoomcar | 0 | 0 | 0 | 0 | N/A |
HyreCar | 0 | 0 | 0 | 0 | N/A |
Insider and Institutional Ownership
3.7% of Zoomcar shares are held by institutional investors. Comparatively, 62.9% of HyreCar shares are held by institutional investors. 2.2% of Zoomcar shares are held by insiders. Comparatively, 9.1% of HyreCar shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Profitability
This table compares Zoomcar and HyreCar’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Zoomcar | N/A | -13.53% | 48.39% |
HyreCar | -46.03% | -1,016.64% | -128.82% |
About Zoomcar
Zoomcar Holdings, Inc. operates a marketplace for car sharing in India, Indonesia, and Egypt. It connects hosts with guests, who choose from a selection of cars for use at affordable prices, promoting smart transportation solutions. The company was founded in 2013 and is based in Bronxville, New York.
About HyreCar
HyreCar, Inc. engages in the operation of a car-sharing marketplace. It also offers the renting of vehicle and other vehicle rental related services. The company was founded by Anshu Bansal and Abhishek Arora in September 2014 and is headquartered in Los Angeles, CA.
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