Financial Survey: Evolv Technologies (EVLV) vs. Its Peers

Evolv Technologies (NASDAQ:EVLV) is one of 20 publicly-traded companies in the “Computer peripheral equipment, not elsewhere classified” industry, but how does it contrast to its competitors? We will compare Evolv Technologies to related companies based on the strength of its dividends, analyst recommendations, valuation, risk, profitability, earnings and institutional ownership.

Analyst Recommendations

This is a breakdown of current ratings and target prices for Evolv Technologies and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Evolv Technologies	0	1	2	0	2.67
Evolv Technologies Competitors	115	706	1765	92	2.68

Evolv Technologies presently has a consensus target price of $7.87, suggesting a potential upside of 13.35%. As a group, “Computer peripheral equipment, not elsewhere classified” companies have a potential upside of 9.50%. Given Evolv Technologies’ higher probable upside, equities research analysts plainly believe Evolv Technologies is more favorable than its competitors.

Volatility & Risk

Evolv Technologies has a beta of 1.31, meaning that its share price is 31% more volatile than the S&P 500. Comparatively, Evolv Technologies’ competitors have a beta of -0.67, meaning that their average share price is 167% less volatile than the S&P 500.

Valuation & Earnings

This table compares Evolv Technologies and its competitors top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Evolv Technologies	$75.82 million	-$86.41 million	-7.15
Evolv Technologies Competitors	$1.77 billion	$73.12 million	72.00

Evolv Technologies’ competitors have higher revenue and earnings than Evolv Technologies. Evolv Technologies 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.

Institutional and Insider Ownership

52.2% of Evolv Technologies shares are held by institutional investors. Comparatively, 54.7% of shares of all “Computer peripheral equipment, not elsewhere classified” companies are held by institutional investors. 12.1% of Evolv Technologies shares are held by company insiders. Comparatively, 21.1% of shares of all “Computer peripheral equipment, 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 stock will outperform the market over the long term.

Profitability

This table compares Evolv Technologies and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Evolv Technologies	-187.36%	-45.24%	-28.93%
Evolv Technologies Competitors	-8.53%	-51.95%	2.02%

Summary

Evolv Technologies competitors beat Evolv Technologies on 9 of the 13 factors compared.

Evolv Technologies Company Profile

Evolv Technologies Holdings, Inc. provides artificial intelligence (AI)-based weapons detection for security screening. Its products include Evolv Express, a touchless security screening system designed to detect firearms, improvised explosive devices, and tactical knives; and Evolv Insights that provides self-serve access, insights regarding visitor flow and arrival curves, location specific performance, system detection performance, and alarm statistics. The company was founded in 2013 and is headquartered in Waltham, Massachusetts.