Contrasting Evolv Technologies (EVLV) and Its Peers

Evolv Technologies (NASDAQ:EVLV) is one of 21 publicly-traded companies in the “Computer peripheral equipment, not elsewhere classified” industry, but how does it compare to its rivals? We will compare Evolv Technologies to similar companies based on the strength of its institutional ownership, profitability, earnings, analyst recommendations, risk, dividends and valuation.

Risk and Volatility

Evolv Technologies has a beta of 1.28, indicating that its stock price is 28% more volatile than the S&P 500. Comparatively, Evolv Technologies’ rivals have a beta of 0.91, indicating that their average stock price is 9% less volatile than the S&P 500.

Valuation and Earnings

This table compares Evolv Technologies and its rivals revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Evolv Technologies	$55.19 million	-$86.41 million	-7.15
Evolv Technologies Competitors	$1.55 billion	$61.91 million	70.35

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

Profitability

This table compares Evolv Technologies and its rivals’ 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	-8.42%	-48.11%	1.75%

Insider & Institutional Ownership

52.2% of Evolv Technologies shares are held by institutional investors. Comparatively, 57.4% of shares of all “Computer peripheral equipment, not elsewhere classified” companies are held by institutional investors. 10.7% of Evolv Technologies shares are held by company insiders. Comparatively, 18.6% 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.

Analyst Recommendations

This is a summary of recent ratings for Evolv Technologies and its rivals, 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	143	848	2017	104	2.67

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 11.12%. Given Evolv Technologies’ higher probable upside, research analysts plainly believe Evolv Technologies is more favorable than its rivals.

Summary

Evolv Technologies rivals 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.