Owlet (NYSE:OWLT – Get Rating) is one of 28 public companies in the “Measuring & controlling devices, not elsewhere classified” industry, but how does it contrast to its competitors? We will compare Owlet to related companies based on the strength of its valuation, dividends, profitability, analyst recommendations, earnings, risk and institutional ownership.
Valuation & Earnings
This table compares Owlet and its competitors top-line revenue, earnings per share (EPS) and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Owlet | $75.80 million | -$71.70 million | -3.34 |
Owlet Competitors | $2.66 billion | $435.24 million | 11.41 |
Profitability
This table compares Owlet and its competitors’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Owlet | N/A | -158.71% | -40.45% |
Owlet Competitors | -3,288.70% | 4.83% | 1.80% |
Institutional & Insider Ownership
37.6% of Owlet shares are held by institutional investors. Comparatively, 61.0% of shares of all “Measuring & controlling devices, not elsewhere classified” companies are held by institutional investors. 16.1% of shares of all “Measuring & controlling devices, not elsewhere classified” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Analyst Recommendations
This is a summary of current ratings for Owlet and its competitors, as reported by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Owlet | 0 | 2 | 1 | 0 | 2.33 |
Owlet Competitors | 154 | 689 | 953 | 28 | 2.47 |
Owlet presently has a consensus target price of $7.58, indicating a potential upside of 70.80%. As a group, “Measuring & controlling devices, not elsewhere classified” companies have a potential upside of 22.29%. Given Owlet’s higher possible upside, equities analysts clearly believe Owlet is more favorable than its competitors.
Summary
Owlet competitors beat Owlet on 10 of the 12 factors compared.
About Owlet (Get Rating)
Owlet, Inc. operates as a digital parenting platform in the United States. The company's platform focuses on giving real-time data and insights to parents. Its products include Smart Sock, a baby monitor to track an infant's oxygen levels, heart rates, and sleep trends; Dream Sock, an app to assist children for better sleep; Cam, a video streaming app to hear and see baby from anywhere; and Dream Lab, an interactive online platform that assists families in building healthy sleep habits. The company also offers Dream Duo, a monitoring system for baby's sleeping habits and includes wearable sock monitor, HD video, and digital sleep coach. Owlet, Inc. was founded in 2012 and is based in Lehi, Utah.
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