908 Devices (NASDAQ:MASS – 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 peers? We will compare 908 Devices to similar businesses based on the strength of its valuation, profitability, analyst recommendations, risk, earnings, dividends and institutional ownership.
Profitability
This table compares 908 Devices and its peers’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
908 Devices | -56.68% | -15.20% | -12.07% |
908 Devices Competitors | -3,288.70% | 4.83% | 1.80% |
This is a summary of current ratings and target prices for 908 Devices and its peers, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
908 Devices | 0 | 0 | 1 | 0 | 3.00 |
908 Devices Competitors | 154 | 692 | 956 | 28 | 2.47 |
908 Devices presently has a consensus target price of $30.00, indicating a potential upside of 92.06%. As a group, “Measuring & controlling devices, not elsewhere classified” companies have a potential upside of 23.03%. Given 908 Devices’ stronger consensus rating and higher probable upside, analysts clearly believe 908 Devices is more favorable than its peers.
Earnings and Valuation
This table compares 908 Devices and its peers top-line revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
908 Devices | $42.21 million | -$22.17 million | -17.75 |
908 Devices Competitors | $2.66 billion | $435.24 million | 11.34 |
908 Devices’ peers have higher revenue and earnings than 908 Devices. 908 Devices 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.
Volatility & Risk
908 Devices has a beta of 1.62, indicating that its share price is 62% more volatile than the S&P 500. Comparatively, 908 Devices’ peers have a beta of 1.03, indicating that their average share price is 3% more volatile than the S&P 500.
Institutional and Insider Ownership
79.2% of 908 Devices 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. 51.1% of 908 Devices shares are owned by insiders. Comparatively, 16.1% of shares of all “Measuring & controlling devices, not elsewhere classified” companies are owned 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.
Summary
908 Devices beats its peers on 7 of the 13 factors compared.
About 908 Devices (Get Rating)
908 Devices Inc., a commercial-stage technology company, provides various purpose-built handheld and desktop mass spectrometry (Mass Spec) devices to interrogate unknown and invisible materials in life sciences research, bioprocessing, industrial biotech, forensics, and adjacent markets. The company's products include MX908, a handheld, battery-powered, and Mass Spec device that is designed for rapid analysis of gas, liquid, and solid materials of unknown identity; Rebel, a small desktop analyzer that provides real-time information on the extracellular environment in bioprocesses; and ZipChip solution, a plug-and-play, high-resolution separation platform that optimizes Mass Spec sample analysis. It operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was incorporated in 2012 and is headquartered in Boston, Massachusetts.
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