West Marine (NASDAQ: WMAR) is one of 21 public companies in the “Other Specialty Retailers” industry, but how does it contrast to its competitors? We will compare West Marine to related companies based on the strength of its profitability, analyst recommendations, dividends, institutional ownership, risk, valuation and earnings.
Volatility & Risk
West Marine has a beta of 1.31, meaning that its stock price is 31% more volatile than the S&P 500. Comparatively, West Marine’s competitors have a beta of 1.24, meaning that their average stock price is 24% more volatile than the S&P 500.
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%|
Insider & Institutional Ownership
57.9% of West Marine shares are owned by institutional investors. Comparatively, 61.9% of shares of all “Other Specialty Retailers” companies are owned by institutional investors. 27.5% of West Marine shares are owned by insiders. Comparatively, 22.7% of shares of all “Other Specialty Retailers” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
This is a breakdown of current ratings and target prices for West Marine and its competitors, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|West Marine Competitors||336||929||1058||38||2.34|
West Marine currently has a consensus target price of $10.49, suggesting a potential downside of 19.13%. As a group, “Other Specialty Retailers” companies have a potential downside of 8.46%. Given West Marine’s competitors stronger consensus rating and higher probable upside, analysts clearly believe West Marine has less favorable growth aspects than its competitors.
Valuation & Earnings
This table compares West Marine and its competitors gross 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||5.06|
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.
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.
West Marine competitors beat West Marine on 8 of the 15 factors compared.
West Marine Company Profile
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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