West Marine (NASDAQ: WMAR) is one of 21 publicly-traded companies in the “Other Specialty Retailers” industry, but how does it compare to its competitors? We will compare West Marine to similar businesses based on the strength of its analyst recommendations, dividends, risk, institutional ownership, earnings, profitability and valuation.
This is a breakdown of current ratings for West Marine and its competitors, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|West Marine Competitors||336||930||1058||38||2.34|
West Marine currently has a consensus price target of $10.49, indicating a potential downside of 19.13%. As a group, “Other Specialty Retailers” companies have a potential downside of 8.20%. Given West Marine’s competitors stronger consensus rating and higher possible upside, analysts clearly believe West Marine has less favorable growth aspects than its competitors.
This table compares West Marine and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|West Marine Competitors||22.63%||-19.26%||6.43%|
West Marine pays an annual dividend of $0.20 per share and has a dividend yield of 1.5%. West Marine pays out 64.5% of its earnings in the form of a dividend. As a group, “Other Specialty Retailers” companies pay a dividend yield of 1.1% and pay out 68.7% of their earnings in the form of a dividend. West Marine is clearly a better dividend stock than its competitors, given its higher yield and lower payout ratio.
Volatility & Risk
West Marine has a beta of 1.31, indicating that its share price is 31% more volatile than the S&P 500. Comparatively, West Marine’s competitors have a beta of 1.24, indicating that their average share price is 24% more volatile than the S&P 500.
Valuation & Earnings
This table compares West Marine and its competitors revenue, earnings per share (EPS) and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|West Marine||$697.67 million||$39.13 million||41.82|
|West Marine Competitors||$3.37 billion||$363.72 million||4.77|
West Marine’s competitors have higher revenue and earnings than West Marine. West Marine is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Insider & Institutional Ownership
57.9% of West Marine shares are held by institutional investors. Comparatively, 61.9% of shares of all “Other Specialty Retailers” companies are held by institutional investors. 27.5% of West Marine shares are held by company insiders. Comparatively, 22.7% of shares of all “Other Specialty Retailers” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
West Marine competitors beat West Marine on 8 of the 15 factors compared.
About West Marine
West Marine, Inc. is a waterlife outfitter for cruisers, sailors, anglers and paddlesports enthusiasts. The Company offers a selection of core boating and water recreation products, primarily serving the needs of boat owners and professionals providing services to them. It services its customers through physical stores and two e-commerce Websites. It is a specialty retailer of boating supplies, gear, apparel, footwear and other waterlife-related products. It operates approximately 260 stores located in approximately 40 states, Puerto Rico and Canada. Its products include boating products and merchandise expansion products. Its boating products include maintenance, electronics, sailboat hardware, anchors/docking/moorings, engine systems, boats/outboards, ventilation, navigation, trailering, seating/boat covers and barbecues/appliances. Its merchandise expansion products include clothing accessories, fishing, watersports, paddlesports, coolers and waterlife lifestyle accessories.
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