Analyzing FiscalNote (NOTE) & Its Peers

FiscalNote (OTCMKTS:NOTE – Get Rating) is one of 190 publicly-traded companies in the “Business services, not elsewhere classified” industry, but how does it contrast to its competitors? We will compare FiscalNote to similar businesses based on the strength of its risk, dividends, earnings, institutional ownership, valuation, analyst recommendations and profitability.

Insider & Institutional Ownership

67.2% of FiscalNote shares are owned by institutional investors. Comparatively, 53.7% of shares of all “Business services, not elsewhere classified” companies are owned by institutional investors. 15.3% of shares of all “Business services, not elsewhere classified” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of recent recommendations for FiscalNote and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
FiscalNote	0	1	2	0	2.67
FiscalNote Competitors	790	4793	10174	259	2.62

FiscalNote presently has a consensus price target of $10.13, suggesting a potential upside of 354.04%. As a group, “Business services, not elsewhere classified” companies have a potential upside of 20.81%. Given FiscalNote’s stronger consensus rating and higher probable upside, equities analysts clearly believe FiscalNote is more favorable than its competitors.

Volatility and Risk

FiscalNote has a beta of -0.27, meaning that its stock price is 127% less volatile than the S&P 500. Comparatively, FiscalNote’s competitors have a beta of 0.96, meaning that their average stock price is 4% less volatile than the S&P 500.

Earnings & Valuation

This table compares FiscalNote and its competitors revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
FiscalNote	$113.76 million	-$218.26 million	-0.43
FiscalNote Competitors	$3.91 billion	$76.52 million	-9.32

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

Profitability

This table compares FiscalNote and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
FiscalNote	-195.00%	-148.26%	-43.60%
FiscalNote Competitors	-39.70%	-166.55%	-5.78%

Summary

FiscalNote competitors beat FiscalNote on 7 of the 13 factors compared.

About FiscalNote

(Get Rating)

FiscalNote Holdings Inc. operates as technology and data company that delivers critical legal data and insights worldwide. It combines artificial intelligence technology, machine learning, and other technologies with analytics, workflow tools, and expert research. The company delivers that intelligence through its suite of public policy and issues management products, as well as powerful tools to manage workflows, advocacy campaigns, and constituent relationships. It serves a customer base that includes businesses comprising the Fortune 100 companies, government agencies, law firms, professional services organizations, trade groups, and non-profits. The company is headquartered in Washington, District of Columbia.