Critical Comparison: East Resources Acquisition (NASDAQ:ERES) and AlTi Global (NASDAQ:ALTI)

East Resources Acquisition (NASDAQ:ERESGet Free Report) and AlTi Global (NASDAQ:ALTIGet Free Report) are both small-cap finance companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, earnings, dividends, profitability, valuation, risk and analyst recommendations.

Institutional and Insider Ownership

18.5% of East Resources Acquisition shares are held by institutional investors. Comparatively, 3.6% of AlTi Global shares are held by institutional investors. 47.0% of East Resources Acquisition shares are held by insiders. Comparatively, 22.1% of AlTi Global shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Valuation & Earnings

This table compares East Resources Acquisition and AlTi Global’s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
East Resources Acquisition N/A N/A -$640,000.00 N/A N/A
AlTi Global $250.88 million 2.29 -$162.61 million ($1.83) -2.61

East Resources Acquisition has higher earnings, but lower revenue than AlTi Global.

Analyst Ratings

This is a summary of recent ratings and price targets for East Resources Acquisition and AlTi Global, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
East Resources Acquisition 0 0 0 0 N/A
AlTi Global 0 0 0 1 4.00

AlTi Global has a consensus target price of $9.00, indicating a potential upside of 88.28%. Given AlTi Global’s higher probable upside, analysts clearly believe AlTi Global is more favorable than East Resources Acquisition.

Profitability

This table compares East Resources Acquisition and AlTi Global’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
East Resources Acquisition N/A N/A -7.08%
AlTi Global -29.75% 7.45% 4.93%

Volatility & Risk

East Resources Acquisition has a beta of -0.02, meaning that its share price is 102% less volatile than the S&P 500. Comparatively, AlTi Global has a beta of 0.71, meaning that its share price is 29% less volatile than the S&P 500.

Summary

AlTi Global beats East Resources Acquisition on 6 of the 10 factors compared between the two stocks.

About East Resources Acquisition

(Get Free Report)

East Resources Acquisition Company does not have significant operations. The company focuses on effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to identify business opportunities in the field of energy in North America. The company was incorporated in 2020 and is headquartered in Boca Raton, Florida.

About AlTi Global

(Get Free Report)

AlTi Global, Inc. provides wealth and asset management services individuals, families, foundations, and institutions in the United States, the United Kingdom, and internationally. It operates through two segments, Wealth Management and Strategic Alternatives. The company offers discretionary investment management, non-discretionary investment advisory, and investment management and advisory services. It also provides trust and administration services, such as entity formation and management; creating or modifying trust instruments and administrative practices to meet beneficiary needs; corporate, trustee-executor, and fiduciary services; provision of directors and company secretarial services; administering entity ownership of intellectual property rights; advisory and administration services in connection with investments in marine and aviation assets; and administering entity ownership of fine art and collectibles. In addition, the company offers family office services comprising bookkeeping and back office services, private foundation management and grant making, oversight of trust administration, financial tracking and reporting, cash flow management and bill pay, and other financial services, as well as clients estate and wealth planning, family governance and education, and philanthropic and strategic services. It also provides ancillary fund management services, including investments, financial planning and strategy, sales and marketing, and back and middle office infrastructure and administration. The company offers strategic advisory, corporate advisory, brokerage, and placement agency services; structures, arranges, and provides investors with co-investment opportunities in various alternative assets; manages and advises public and private investment funds, as well as alternatives platform. The company was formerly known as Alvarium Tiedemann Holdings, Inc. and changed its name to AlTi Global, Inc. in April 2023. The company is based in New York, New York.

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