Comparing Owlet (OWLT) & Its Competitors

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

Earnings and Valuation

This table compares Owlet and its competitors revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Owlet	$75.80 million	-$71.70 million	-1.67
Owlet Competitors	$2.66 billion	$435.24 million	11.02

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.

Analyst Recommendations

This is a breakdown of recent ratings for Owlet and its competitors, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Owlet	0	2	1	0	2.33
Owlet Competitors	154	692	956	28	2.47

Owlet currently has a consensus target price of $7.58, suggesting a potential upside of 237.04%. As a group, “Measuring & controlling devices, not elsewhere classified” companies have a potential upside of 29.66%. Given Owlet’s higher possible upside, equities research analysts plainly believe Owlet is more favorable than its competitors.

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%

Insider and Institutional 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 company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Summary

Owlet competitors 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.