Evolv Technologies (NASDAQ:EVLV – Get Free Report) is one of 20 public companies in the “Computer peripheral equipment, not elsewhere classified” industry, but how does it weigh in compared to its peers? We will compare Evolv Technologies to related businesses based on the strength of its profitability, institutional ownership, analyst recommendations, dividends, valuation, risk and earnings.
This is a breakdown of current ratings and price targets for Evolv Technologies and its peers, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|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 10.02%. Given Evolv Technologies’ higher possible upside, equities research analysts plainly believe Evolv Technologies is more favorable than its peers.
|Net Margins||Return on Equity||Return on Assets|
|Evolv Technologies Competitors||-8.53%||-51.95%||2.02%|
Insider & Institutional 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 endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Risk & Volatility
Evolv Technologies has a beta of 1.31, suggesting that its share price is 31% more volatile than the S&P 500. Comparatively, Evolv Technologies’ peers have a beta of -0.67, suggesting that their average share price is 167% less volatile than the S&P 500.
Valuation and Earnings
This table compares Evolv Technologies and its peers 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’ peers have higher revenue and earnings than Evolv Technologies. Evolv Technologies is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Evolv Technologies peers beat Evolv Technologies on 9 of the 13 factors compared.
About Evolv Technologies
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.
Receive News & Ratings for Evolv Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Evolv Technologies and related companies with MarketBeat.com's FREE daily email newsletter.