AST SpaceMobile (NASDAQ:ASTS – Get Rating) is one of 41 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 businesses based on the strength of its dividends, analyst recommendations, profitability, institutional ownership, earnings, risk and valuation.
Institutional and Insider Ownership
24.8% of AST SpaceMobile shares are owned by institutional investors. Comparatively, 53.6% of shares of all “Communication services, not elsewhere classified” companies are owned by institutional investors. 19.4% of shares of all “Communication services, not elsewhere classified” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
This is a summary of current ratings and price targets for AST SpaceMobile and its rivals, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|AST SpaceMobile Competitors||247||696||746||36||2.33|
AST SpaceMobile currently has a consensus price target of $30.00, suggesting a potential upside of 262.76%. As a group, “Communication services, not elsewhere classified” companies have a potential upside of 44.69%. Given AST SpaceMobile’s stronger consensus rating and higher possible upside, research analysts clearly believe AST SpaceMobile is more favorable than its rivals.
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 Competitors||-91.76%||-63.80%||-12.73%|
Volatility and Risk
AST SpaceMobile has a beta of 0.63, indicating that its stock price is 37% less volatile than the S&P 500. Comparatively, AST SpaceMobile’s rivals have a beta of 1.33, indicating that their average stock price is 33% more volatile than the S&P 500.
Earnings & Valuation
This table compares AST SpaceMobile and its rivals top-line revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|AST SpaceMobile||$12.40 million||-$18.97 million||-14.02|
|AST SpaceMobile Competitors||$3.29 billion||$356.18 million||1.79|
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.
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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