Reviewing Evolv Technologies (EVLV) & Its Peers

Evolv Technologies (NASDAQ:EVLV) 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.

Analyst Recommendations

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	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 10.02%. Given Evolv Technologies’ higher possible upside, equities research analysts plainly believe Evolv Technologies is more favorable than its peers.

Profitability

This table compares Evolv Technologies and its peers’ 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%

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.

Summary

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.