Review of Gores Holdings VIII (NASDAQ:GIIX) and Renewable Energy Group (NASDAQ:REGI)
Gores Holdings VIII (NASDAQ:GIIX – Get Rating) and Renewable Energy Group (NASDAQ:REGI – Get Rating) are both basic materials companies, but which is the best investment? We will compare the two companies based on the strength of their institutional ownership, earnings, risk, dividends, valuation, analyst recommendations and profitability.
Institutional and insider ownership
65.1% of the shares of Gores Holdings VIII are held by institutional investors. By comparison, 92.5% of Renewable Energy Group’s shares are held by institutional investors. 2.5% of Renewable Energy Group shares are held by insiders. Strong institutional ownership indicates that large fund managers, hedge funds, and endowments believe a stock is poised for long-term growth.
Valuation and benefits
This chart compares the revenue, earnings per share (EPS), and valuation of Gores Holdings VIII and Renewable Energy Group.
|Gross revenue||Price/sales ratio||Net revenue||Earnings per share||Price/earnings ratio|
|Gores Holdings VIII||N / A||N / A||-8.68 million dollars||N / A||N / A|
|Renewable Energy Group||$3.24 billion||0.95||$213.82 million||$4.36||14.00|
Renewable Energy Group has higher revenues and profits than Gores Holdings VIII.
This is a breakdown of recent recommendations for Gores Holdings VIII and Renewable Energy Group, as reported by MarketBeat.
|Sales Ratings||Hold odds||Buy reviews||Strong buy odds||Rating|
|Gores Holdings VIII||0||0||0||0||N / A|
|Renewable Energy Group||0||7||2||0||2.22|
Renewable Energy Group has a consensus price target of $63.64, suggesting a potential upside of 4.22%. Given Renewable Energy Group’s possible higher upside, analysts clearly believe that Renewable Energy Group is more favorable than Gores Holdings VIII.
This table compares the net margins, return on equity and return on assets of Gores Holdings VIII and Renewable Energy Group.
|Net margins||Return on equity||return on assets|
|Gores Holdings VIII||N / A||N / A||-2.50%|
|Renewable Energy Group||6.55%||12.88%||9.21%|
Renewable Energy Group beats Gores Holdings VIII on 9 out of 9 factors compared between the two stocks.
Company Profile Gores Holdings VIII (Get a rating)
Gores Holdings VIII, Inc. is focused on completing a merger, capital exchange, asset acquisition, stock purchase, reorganization or consolidation of similar companies with one or more companies. It intends to focus on companies in the industrials, technology, telecommunications, media and entertainment, business services, healthcare and consumer products sectors. The company was founded in 2020 and is based in Boulder, Colorado.
Renewable Energy Group Company Profile (Get a rating)
Renewable Energy Group, Inc. provides low-carbon transportation fuels in the United States and around the world. The company uses a production, distribution and logistics system to convert natural fats, oils and fats into advanced biofuels. It operates through Bio-Based Diesel, Services and Corporate and Other segments. The company produces biodiesel from a variety of low-carbon feedstocks, including distiller corn and used cooking oils, inedible animal fats, as well as soybean and canola oils. It also buys and resells bio-based diesel produced by third parties; and sells RD blended with petroleum-based diesel, renewable ID numbers and California Low Carbon Fuel Standard credits, third-party feedstocks, processed bio-based diesel, related by-products and government incentive payments for renewable energy. In addition, the company provides day-to-day management and operations services to biodiesel production facilities; and construction management and general contracting services for the construction of biodiesel production facilities. In addition, it engages in the trading of heating oil and petroleum-based diesel fuel, including the petroleum part of sales of biodiesel and RD blended with petroleum-based diesel. As of December 31, 2021, the company owned and operated eleven biorefineries, consisting of nine sites in North America and two sites in Europe. Renewable Energy Group, Inc. was founded in 1996 and is headquartered in Ames, Iowa.
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