Analyzing Everpure (P) & Its Peers

Everpure (NYSE:P) is one of 82 publicly-traded companies in the “Technology Hardware, Storage & Peripherals” industry, but how does it compare to its peers? We will compare Everpure to similar companies based on the strength of its dividends, institutional ownership, risk, profitability, analyst recommendations, valuation and earnings.

Profitability

This table compares Everpure and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Everpure	5.94%	19.06%	5.89%
Everpure Competitors	-113.13%	-29.78%	7.23%

Earnings and Valuation

This table compares Everpure and its peers top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Everpure	$3.66 billion	$188.18 million	132.78
Everpure Competitors	$24.66 billion	$3.64 billion	4.17

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

Risk & Volatility

Everpure has a beta of 1.43, suggesting that its share price is 43% more volatile than the S&P 500. Comparatively, Everpure’s peers have a beta of 1.80, suggesting that their average share price is 80% more volatile than the S&P 500.

Institutional & Insider Ownership

83.4% of Everpure shares are owned by institutional investors. Comparatively, 51.6% of shares of all “Technology Hardware, Storage & Peripherals” companies are owned by institutional investors. 5.1% of Everpure shares are owned by company insiders. Comparatively, 11.0% of shares of all “Technology Hardware, Storage & Peripherals” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Analyst Ratings

This is a breakdown of recent ratings and target prices for Everpure and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Everpure	1	2	18	1	2.86
Everpure Competitors	1115	4395	7811	380	2.54

Everpure currently has a consensus target price of $148.65, indicating a potential upside of 53.35%. As a group, “Technology Hardware, Storage & Peripherals” companies have a potential upside of 78.95%. Given Everpure’s peers higher possible upside, analysts plainly believe Everpure has less favorable growth aspects than its peers.

Summary

Everpure beats its peers on 7 of the 13 factors compared.

Everpure Company Profile

Pure Storage, Inc. provides data storage technologies, products, and services in the United States and internationally. The company’s Purity software is shared across its products and provides enterprise-class data services, such as data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. Its products portfolio includes FlashArray for block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; FlashArray//XL; and FlashArray//C, an all-QLC flash array. The company also provides FlashBlade, a solution for unstructured data workloads of various types; FlashStack that combines compute, network, and storage to provide an infrastructure platform; FlashRecover, an all-flash modern data-protection solution; and AIRI, a full-stack AI-ready infrastructure. In addition, it offers evergreen storage subscription, Pure as-a-Service, and Cloud Block Store, as well as Portworx a cloud-native Kubernetes data management solution It also offers technical and professional, training and education, and certification services. The company sells its products and subscription services through direct sales force and channel partners. The company was formerly known as OS76, Inc. and changed its name to Pure Storage, Inc. in January 2010. Pure Storage, Inc. was incorporated in 2009 and is headquartered in Mountain View, California.