Analyzing Owlet (OWLT) & Its Peers

Owlet (NYSE:OWLTGet Rating) is one of 28 publicly-traded companies in the “Measuring & controlling devices, not elsewhere classified” industry, but how does it weigh in compared to its peers? We will compare Owlet to similar businesses based on the strength of its dividends, earnings, risk, profitability, valuation, institutional ownership and analyst recommendations.

Profitability

This table compares Owlet and its peers’ 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%

Insider and Institutional Ownership

37.6% of Owlet shares are owned by institutional investors. Comparatively, 61.0% of shares of all “Measuring & controlling devices, not elsewhere classified” companies are owned by institutional investors. 16.1% of shares of all “Measuring & controlling devices, not elsewhere classified” 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 current recommendations for Owlet and its peers, 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 154 692 956 28 2.47

Owlet currently has a consensus price target of $7.58, suggesting a potential upside of 158.82%. As a group, “Measuring & controlling devices, not elsewhere classified” companies have a potential upside of 22.27%. Given Owlet’s higher possible upside, equities research analysts clearly believe Owlet is more favorable than its peers.

Earnings & Valuation

This table compares Owlet and its peers top-line revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Owlet $75.80 million -$71.70 million -2.20
Owlet Competitors $2.66 billion $435.24 million 11.48

Owlet’s peers have higher revenue and earnings than Owlet. Owlet 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

Owlet peers beat Owlet on 9 of the 11 factors compared.

Owlet Company Profile (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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