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 competitors? We will compare Owlet to related businesses based on the strength of its profitability, institutional ownership, analyst recommendations, valuation, dividends, earnings and risk.
Institutional & Insider Ownership
37.6% of Owlet shares are held by institutional investors. Comparatively, 61.0% of shares of all “Measuring & controlling devices, not elsewhere classified” companies are held by institutional investors. 16.1% of shares of all “Measuring & controlling devices, not elsewhere classified” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
This table compares Owlet and its competitors gross revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Owlet||$75.80 million||-$71.70 million||-3.34|
|Owlet Competitors||$2.66 billion||$435.24 million||11.41|
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.
This is a summary of recent ratings and target prices for Owlet and its competitors, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Owlet presently has a consensus target price of $7.58, suggesting a potential upside of 70.80%. As a group, “Measuring & controlling devices, not elsewhere classified” companies have a potential upside of 21.89%. Given Owlet’s higher possible upside, research analysts clearly believe Owlet is more favorable than its competitors.
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 competitors beat Owlet on 10 of the 12 factors compared.
About Owlet (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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