Owlet (OWLT) versus Its Rivals Financial Contrast

Owlet (NYSE:OWLTGet Rating) is one of 28 public companies in the “Measuring & controlling devices, not elsewhere classified” industry, but how does it contrast to its competitors? We will compare Owlet to related businesses based on the strength of its profitability, dividends, risk, earnings, institutional ownership, analyst recommendations and valuation.

Institutional and Insider Ownership

37.6% of Owlet shares are owned by institutional investors. Comparatively, 61.0% of shares of all “Measuring & controlling devices, not elsewhere classified” companies are owned by institutional investors. 16.1% of shares of all “Measuring & controlling devices, not elsewhere classified” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Analyst Recommendations

This is a breakdown of current recommendations and price targets for Owlet and its competitors, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Owlet 0 2 1 0 2.33
Owlet Competitors 154 686 951 28 2.47

Owlet currently has a consensus price target of $7.58, indicating a potential upside of 108.91%. As a group, “Measuring & controlling devices, not elsewhere classified” companies have a potential upside of 28.20%. Given Owlet’s higher probable upside, equities analysts clearly believe Owlet is more favorable than its competitors.

Valuation & Earnings

This table compares Owlet and its competitors gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Owlet $75.80 million -$71.70 million -2.73
Owlet Competitors $2.66 billion $435.24 million 11.09

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

Profitability

This table compares Owlet and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Owlet N/A -158.71% -40.45%
Owlet Competitors -3,288.70% 4.83% 1.80%

Summary

Owlet competitors beat Owlet on 9 of the 11 factors compared.

Owlet Company Profile (Get Rating)

Owlet, Inc. operates as a digital parenting platform in the United States. The company's platform focuses on giving real-time data and insights to parents. Its products include Smart Sock, a baby monitor to track an infant's oxygen levels, heart rates, and sleep trends; Dream Sock, an app to assist children for better sleep; Cam, a video streaming app to hear and see baby from anywhere; and Dream Lab, an interactive online platform that assists families in building healthy sleep habits. The company also offers Dream Duo, a monitoring system for baby's sleeping habits and includes wearable sock monitor, HD video, and digital sleep coach. Owlet, Inc. was founded in 2012 and is based in Lehi, Utah.

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