Analyzing Freight Technologies (FRGT) and Its Peers

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

Valuation and Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Freight Technologies	$13.73 million	-$5.60 million	-0.29
Freight Technologies Competitors	$8.70 billion	$179.07 million	-11.30

Freight Technologies’ rivals have higher revenue and earnings than Freight Technologies. Freight Technologies is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares Freight Technologies and its rivals’ 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	2.65%	-215.41%	-0.56%

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 insiders. Comparatively, 23.0% of shares of all “TRANS – SERVICES” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of recent ratings and target prices for Freight Technologies and its rivals, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Freight Technologies	1	0	0	0	1.00
Freight Technologies Competitors	474	1472	1595	94	2.36

As a group, “TRANS – SERVICES” companies have a potential upside of 7.35%. Given Freight Technologies’ rivals stronger consensus rating and higher probable upside, analysts plainly believe Freight Technologies has less favorable growth aspects than its rivals.

Risk & Volatility

Freight Technologies has a beta of 1.24, meaning that its stock price is 24% more volatile than the S&P 500. Comparatively, Freight Technologies’ rivals have a beta of 0.87, meaning that their average stock price is 13% less volatile than the S&P 500.

Summary

Freight Technologies rivals beat Freight Technologies on 9 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.