Head to Head Contrast: Evolv Technologies (EVLV) & Its Peers

Evolv Technologies (NASDAQ:EVLV) is one of 20 public companies in the “Computer peripheral equipment, not elsewhere classified” industry, but how does it contrast to its rivals? We will compare Evolv Technologies to similar companies based on the strength of its analyst recommendations, earnings, profitability, institutional ownership, risk, valuation and dividends.

Analyst Ratings

This is a summary of recent ratings and price targets for Evolv Technologies and its rivals, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Evolv Technologies	0	1	2	0	2.67
Evolv Technologies Competitors	115	706	1765	92	2.68

Evolv Technologies currently has a consensus price target of $7.87, suggesting a potential upside of 13.35%. As a group, “Computer peripheral equipment, not elsewhere classified” companies have a potential upside of 9.50%. Given Evolv Technologies’ higher possible upside, equities analysts clearly believe Evolv Technologies is more favorable than its rivals.

Institutional & Insider Ownership

52.2% of Evolv Technologies shares are owned by institutional investors. Comparatively, 54.7% of shares of all “Computer peripheral equipment, not elsewhere classified” companies are owned by institutional investors. 12.1% of Evolv Technologies shares are owned by company insiders. Comparatively, 21.1% of shares of all “Computer peripheral equipment, not elsewhere classified” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Volatility & Risk

Evolv Technologies has a beta of 1.31, indicating that its stock price is 31% more volatile than the S&P 500. Comparatively, Evolv Technologies’ rivals have a beta of -0.67, indicating that their average stock price is 167% less volatile than the S&P 500.

Profitability

This table compares Evolv Technologies and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Evolv Technologies	-187.36%	-45.24%	-28.93%
Evolv Technologies Competitors	-8.53%	-51.95%	2.02%

Earnings & Valuation

This table compares Evolv Technologies and its rivals revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Evolv Technologies	$75.82 million	-$86.41 million	-7.15
Evolv Technologies Competitors	$1.77 billion	$73.12 million	72.00

Evolv Technologies’ rivals have higher revenue and earnings than Evolv Technologies. Evolv Technologies 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

Evolv Technologies rivals beat Evolv Technologies on 9 of the 13 factors compared.

About Evolv Technologies

Evolv Technologies Holdings, Inc. provides artificial intelligence (AI)-based weapons detection for security screening. Its products include Evolv Express, a touchless security screening system designed to detect firearms, improvised explosive devices, and tactical knives; and Evolv Insights that provides self-serve access, insights regarding visitor flow and arrival curves, location specific performance, system detection performance, and alarm statistics. The company was founded in 2013 and is headquartered in Waltham, Massachusetts.