Comparing Movano (MOVE) and Its Peers

Movano (NASDAQ:MOVEGet Rating) is one of 69 publicly-traded companies in the “Electromedical equipment” industry, but how does it contrast to its peers? We will compare Movano to similar companies based on the strength of its valuation, profitability, institutional ownership, dividends, analyst recommendations, earnings and risk.

Insider and Institutional Ownership

16.5% of Movano shares are owned by institutional investors. Comparatively, 48.6% of shares of all “Electromedical equipment” companies are owned by institutional investors. 6.1% of Movano shares are owned by insiders. Comparatively, 11.8% of shares of all “Electromedical equipment” companies are owned 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.

Analyst Ratings

This is a breakdown of recent ratings and price targets for Movano and its peers, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Movano 0 0 0 0 N/A
Movano Competitors 251 1023 1856 52 2.54

As a group, “Electromedical equipment” companies have a potential upside of 54.17%. Given Movano’s peers higher probable upside, analysts clearly believe Movano has less favorable growth aspects than its peers.

Profitability

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

Net Margins Return on Equity Return on Assets
Movano N/A -53.97% -50.52%
Movano Competitors -440.49% -23.97% -17.11%

Earnings and Valuation

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

Gross Revenue Net Income Price/Earnings Ratio
Movano N/A -$21.77 million -1.68
Movano Competitors $997.16 million $98.09 million 46.38

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

Summary

Movano peers beat Movano on 8 of the 9 factors compared.

About Movano (Get Rating)

Movano Inc., a technology company, develops a smart wearable and continuous glucose monitoring device. Its device enables individuals and their healthcare partners to measure and manage their health conditions. Movano Inc. was formerly known as Maestro Sensors Inc. and changed its name to Movano Inc. in August 2018. The company was incorporated in 2018 and is based in Pleasanton, California.

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