Analyzing AST SpaceMobile (ASTS) & Its Peers

AST SpaceMobile (NASDAQ:ASTSGet Rating) is one of 40 publicly-traded companies in the “Communication services, not elsewhere classified” industry, but how does it weigh in compared to its rivals? We will compare AST SpaceMobile to similar companies based on the strength of its valuation, profitability, institutional ownership, risk, dividends, analyst recommendations and earnings.

Insider and Institutional Ownership

24.8% of AST SpaceMobile shares are held by institutional investors. Comparatively, 53.6% of shares of all “Communication services, not elsewhere classified” companies are held by institutional investors. 19.4% of shares of all “Communication services, not elsewhere classified” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Profitability

This table compares AST SpaceMobile and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
AST SpaceMobile -214.60% -20.08% -15.34%
AST SpaceMobile Competitors -91.76% -63.80% -12.73%

Risk & Volatility

AST SpaceMobile has a beta of 0.63, indicating that its share price is 37% less volatile than the S&P 500. Comparatively, AST SpaceMobile’s rivals have a beta of 1.40, indicating that their average share price is 40% more volatile than the S&P 500.

Valuation and Earnings

This table compares AST SpaceMobile and its rivals top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
AST SpaceMobile $12.40 million -$18.97 million -12.42
AST SpaceMobile Competitors $3.40 billion $368.64 million 1.62

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

Analyst Ratings

This is a breakdown of recent recommendations for AST SpaceMobile and its rivals, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
AST SpaceMobile 0 0 2 0 3.00
AST SpaceMobile Competitors 245 693 746 36 2.33

AST SpaceMobile presently has a consensus target price of $30.00, indicating a potential upside of 309.28%. As a group, “Communication services, not elsewhere classified” companies have a potential upside of 52.19%. Given AST SpaceMobile’s stronger consensus rating and higher probable upside, equities research analysts clearly believe AST SpaceMobile is more favorable than its rivals.

Summary

AST SpaceMobile rivals beat AST SpaceMobile on 9 of the 13 factors compared.

About AST SpaceMobile (Get Rating)

AST SpaceMobile, Inc. operates space-based cellular broadband network for mobile phones. Its SpaceMobile service provides mobile broadband services for users traveling in and out of areas without terrestrial mobile services on land, at sea, or in flight. The company is headquartered in Midland, Texas.

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