Owlet (NYSE:OWLT – Get Rating) is one of 28 public companies in the “Measuring & controlling devices, not elsewhere classified” industry, but how does it contrast to its rivals? We will compare Owlet to related businesses based on the strength of its profitability, valuation, analyst recommendations, earnings, risk, dividends and institutional ownership.
This table compares Owlet and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
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 company is poised for long-term growth.
This is a summary of current recommendations for Owlet and its rivals, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Owlet presently has a consensus target price of $7.58, indicating a potential upside of 75.54%. As a group, “Measuring & controlling devices, not elsewhere classified” companies have a potential upside of 23.95%. Given Owlet’s higher possible upside, equities analysts plainly believe Owlet is more favorable than its rivals.
Valuation and Earnings
This table compares Owlet and its rivals top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Owlet||$75.80 million||-$71.70 million||-3.25|
|Owlet Competitors||$2.66 billion||$435.24 million||11.28|
Owlet’s rivals have higher revenue and earnings than Owlet. Owlet 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.
Owlet rivals beat Owlet on 10 of the 12 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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