Veoneer (NYSE: VNE) is one of 48 public companies in the “Motor vehicle parts & accessories” industry, but how does it compare to its competitors? We will compare Veoneer to similar companies based on the strength of its analyst recommendations, earnings, profitability, dividends, institutional ownership, valuation and risk.

Analyst Recommendations

This is a summary of recent ratings and target prices for Veoneer and its competitors, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Veoneer 4 12 4 0 2.00
Veoneer Competitors 494 1768 2271 98 2.43

Veoneer presently has a consensus price target of $37.60, indicating a potential upside of 125.28%. As a group, “Motor vehicle parts & accessories” companies have a potential upside of 20.80%. Given Veoneer’s higher possible upside, analysts plainly believe Veoneer is more favorable than its competitors.

Institutional and Insider Ownership

22.1% of Veoneer shares are owned by institutional investors. Comparatively, 70.5% of shares of all “Motor vehicle parts & accessories” companies are owned by institutional investors. 0.3% of Veoneer shares are owned by company insiders. Comparatively, 13.3% of shares of all “Motor vehicle parts & accessories” companies are owned by company 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 Veoneer and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Veoneer -17.96% -19.50% -14.38%
Veoneer Competitors -2.00% -9.64% 2.82%

Earnings & Valuation

This table compares Veoneer and its competitors top-line revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Veoneer $2.23 billion -$275.00 million -5.26
Veoneer Competitors $8.02 billion $529.89 million 5.82

Veoneer’s competitors have higher revenue and earnings than Veoneer. Veoneer is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Summary

Veoneer competitors beat Veoneer on 11 of the 12 factors compared.

About Veoneer

Veoneer, Inc. designs, develops, manufactures, and sells automotive safety electronic products in Asia, the Americas, and Europe. It operates in two segments, Electronics and Brake Systems. The company provides automotive radars, night driving assist systems, positioning systems, advanced driver assistance systems (ADAS), night vision systems, brake control systems, electronic control units, active safety sensors, and controllers; mono-and stereo-vision cameras; and passive safety electronics, such as airbag control units and crash sensors. It also offers ADAS software for highly automated driving (HAD) and autonomous driving (AD) solutions; and driver monitoring systems, LiDAR sensors, RoadScape positioning systems, and other technologies for HAD and AD solutions. Veoneer, Inc. is headquartered in Stockholm, Sweden.

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