Head to Head Comparison: Freight Technologies (FRGT) & The Competition

Freight Technologies (NASDAQ:FRGT) is one of 45 publicly-traded companies in the “TRANS – SERVICES” industry, but how does it weigh in compared to its competitors? We will compare Freight Technologies to related businesses based on the strength of its institutional ownership, valuation, earnings, risk, profitability, dividends and analyst recommendations.

Risk and Volatility

Freight Technologies has a beta of 1.17, suggesting that its share price is 17% more volatile than the S&P 500. Comparatively, Freight Technologies’ competitors have a beta of 0.87, suggesting that their average share price is 13% less volatile than the S&P 500.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Freight Technologies	N/A	N/A	N/A
Freight Technologies Competitors	6.48%	-228.77%	2.57%

Valuation and Earnings

This table compares Freight Technologies and its competitors gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Freight Technologies	$13.73 million	-$5.60 million	-0.35
Freight Technologies Competitors	$8.92 billion	$183.78 million	18.93

Freight Technologies’ competitors have higher revenue and earnings than Freight Technologies. Freight 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 & Insider Ownership

6.2% of Freight Technologies shares are owned by institutional investors. Comparatively, 55.5% of shares of all “TRANS – SERVICES” companies are owned by institutional investors. 9.0% of Freight Technologies shares are owned by company insiders. Comparatively, 23.0% of shares of all “TRANS – SERVICES” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Analyst Recommendations

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

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Freight Technologies	1	0	0	0	1.00
Freight Technologies Competitors	450	1442	1578	93	2.37

As a group, “TRANS – SERVICES” companies have a potential upside of 6.62%. Given Freight Technologies’ competitors stronger consensus rating and higher possible upside, analysts clearly believe Freight Technologies has less favorable growth aspects than its competitors.

Summary

Freight Technologies competitors beat Freight Technologies on 11 of the 13 factors compared.

About Freight Technologies

Freight Technologies, Inc., through its subsidiary, operates a transportation logistics technology platform for cross-border shipping in the United States and Mexico. Its Fr8App technology platform offers an online portal and a mobile application that provide third-party logistics services to companies in the freight transportation market; a transport management solution for customers to manage their own fleet; and freight brokerage support and customer services based on the platform. The company was incorporated in 2015 and is headquartered in The Woodlands, Texas.