Katapult (NASDAQ:KPLT – Get Rating) is one of 22 publicly-traded companies in the “Equipment rental & leasing, not elsewhere classified” industry, but how does it compare to its competitors? We will compare Katapult to related companies based on the strength of its analyst recommendations, valuation, risk, dividends, institutional ownership, profitability and earnings.
Risk & Volatility
Katapult has a beta of -0.46, meaning that its stock price is 146% less volatile than the S&P 500. Comparatively, Katapult’s competitors have a beta of 1.27, meaning that their average stock price is 27% more volatile than the S&P 500.
This is a summary of recent recommendations and price targets for Katapult and its competitors, as reported by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Katapult | 0 | 1 | 1 | 0 | 2.50 |
Katapult Competitors | 173 | 711 | 1039 | 82 | 2.51 |
Katapult currently has a consensus price target of $6.50, indicating a potential upside of 218.63%. As a group, “Equipment rental & leasing, not elsewhere classified” companies have a potential upside of 31.24%. Given Katapult’s higher probable upside, research analysts clearly believe Katapult is more favorable than its competitors.
Institutional & Insider Ownership
52.4% of Katapult shares are held by institutional investors. Comparatively, 68.6% of shares of all “Equipment rental & leasing, not elsewhere classified” companies are held by institutional investors. 10.5% of shares of all “Equipment rental & leasing, not elsewhere classified” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Profitability
This table compares Katapult and its competitors’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Katapult | 4.56% | -49.48% | -5.99% |
Katapult Competitors | 24.78% | -13.74% | 6.44% |
Valuation & Earnings
This table compares Katapult and its competitors revenue, earnings per share (EPS) and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Katapult | $303.11 million | $21.21 million | 40.81 |
Katapult Competitors | $1.76 billion | $218.02 million | 11.59 |
Katapult’s competitors have higher revenue and earnings than Katapult. Katapult 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.
Summary
Katapult competitors beat Katapult on 11 of the 13 factors compared.
Katapult Company Profile (Get Rating)
Katapult Holdings, Inc., an e-commerce focused financial technology company, provides e-commerce point-of-sale lease-purchase options for nonprime consumers in the United States. The company's technology platform provides nonprime consumers with a lease purchase option to enable them to obtain durable goods from its network of e-commerce merchants. The company was formerly known as Cognical Holdings, Inc. and changed its name to Katapult Holdings, Inc. in February 2020. The company is headquartered in Plano, Texas.
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