Head-To-Head Survey: Canoo (NASDAQ:GOEV) and ATC Venture Group (OTCMKTS:ATCV)

Canoo (NASDAQ:GOEV) and ATC Venture Group (OTCMKTS:ATCV) are both auto/tires/trucks companies, but which is the better stock? We will compare the two companies based on the strength of their profitability, valuation, analyst recommendations, earnings, institutional ownership, risk and dividends.

Analyst Ratings

This is a summary of current ratings and target prices for Canoo and ATC Venture Group, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Canoo	0	4	2	0	2.33
ATC Venture Group	0	0	0	0	0.00

Canoo currently has a consensus price target of $108.10, indicating a potential upside of 8,411.81%. Given Canoo’s stronger consensus rating and higher probable upside, research analysts plainly believe Canoo is more favorable than ATC Venture Group.

Institutional and Insider Ownership

36.2% of Canoo shares are held by institutional investors. 7.1% of Canoo shares are held by insiders. Comparatively, 49.9% of ATC Venture Group shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Earnings & Valuation

This table compares Canoo and ATC Venture Group”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Canoo	$1.86 million	3.30	-$302.02 million	($70.60)	-0.02
ATC Venture Group	N/A	N/A	N/A	N/A	N/A

ATC Venture Group has lower revenue, but higher earnings than Canoo.

Profitability

This table compares Canoo and ATC Venture Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Canoo	N/A	-68.39%	-26.16%
ATC Venture Group	N/A	N/A	N/A

Risk and Volatility

Canoo has a beta of 1.3, meaning that its share price is 30% more volatile than the S&P 500. Comparatively, ATC Venture Group has a beta of 4.35, meaning that its share price is 335% more volatile than the S&P 500.

Summary

Canoo beats ATC Venture Group on 5 of the 9 factors compared between the two stocks.

About Canoo

Canoo Inc., a mobility technology company, designs, develops, markets, and manufactures electric vehicles for consumer, commercial fleet, government, and military customers in the United States. the company utilizes its multi-purpose platform architecture, a self-contained, fully functional rolling chassis that directly houses the critical components for operation of an electric vehicle, including its in-house designed proprietary electric drivetrain, battery systems, advanced vehicle control electronics and software, and other critical components. It offers lifestyle delivery vehicles, lifestyle vehicles, multi-purpose delivery vehicles, and pickups; battery modules; and engineering services. In addition, the company provides digital ecosystem, a suite of products and software tools comprising CanooHub, a web-based fleet management portal; driver mobile app for real-time vehicle status and access to remote commands; vehicle human machine interface that encompasses vehicle controls, customizable settings, range mode, cruise control, vehicle alerts, camera feeds for safety and connectivity, such as cellular, Wi-Fi and Bluetooth, as well as data and analytics infrastructure. Canoo Inc. was founded in 2017 and is headquartered in Torrance, California.

About ATC Venture Group

ATC Venture Group Inc., through its subsidiary, Simonsen Iron Works Inc., engages in the design, manufacture, and assembly of an array of parts for original equipment manufacturers and other customers. The company was formerly known as Cycle Country Accessories Corp. and changed its name to ATC Venture Group Inc. in January 2012. ATC Venture Group Inc. was incorporated in 1906 and is based in Minnetonka, Minnesota.