Head to Head Review: Canoo (NASDAQ:GOEV) versus ATC Venture Group (OTCMKTS:ATCV)

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

Analyst Ratings

This is a summary of current recommendations for ATC Venture Group and Canoo, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
ATC Venture Group	0	0	0	0	0.00
Canoo	0	3	4	0	2.57

Canoo has a consensus target price of $396.75, suggesting a potential upside of 29,730.83%. Given Canoo’s stronger consensus rating and higher possible upside, analysts plainly believe Canoo is more favorable than ATC Venture Group.

Earnings and Valuation

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
ATC Venture Group	N/A	N/A	N/A	N/A	N/A
Canoo	$1.86 million	3.45	-$302.02 million	($70.60)	-0.02

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

Profitability

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

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

Risk and Volatility

ATC Venture Group has a beta of 4.35, indicating that its stock price is 335% more volatile than the S&P 500. Comparatively, Canoo has a beta of 1.14, indicating that its stock price is 14% more volatile than the S&P 500.

Insider and Institutional Ownership

36.2% of Canoo shares are owned by institutional investors. 49.9% of ATC Venture Group shares are owned by company insiders. Comparatively, 7.1% of Canoo shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Summary

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

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.

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.