Head to Head Analysis: Owlet (OWLT) versus Its Competitors

Owlet (NYSE:OWLT – Get 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 rivals? We will compare Owlet to similar businesses based on the strength of its risk, earnings, dividends, profitability, analyst recommendations, valuation and institutional ownership.

Analyst Ratings

This is a breakdown of current recommendations for Owlet and its rivals, as provided 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, indicating a potential upside of 160.60%. As a group, “Measuring & controlling devices, not elsewhere classified” companies have a potential upside of 22.05%. Given Owlet’s higher possible upside, equities analysts plainly believe Owlet is more favorable than its rivals.

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 insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Profitability

This table compares Owlet and its rivals’ 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%

Valuation & Earnings

This table compares Owlet and its rivals top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Owlet	$75.80 million	-$71.70 million	-2.19
Owlet Competitors	$2.66 billion	$435.24 million	11.55

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

Summary

Owlet rivals beat Owlet on 10 of the 12 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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