Head to Head Review: ScanTech AI Systems (STAI) versus Its Rivals

ScanTech AI Systems (NASDAQ:STAI) is one of 55 publicly-traded companies in the “IT Services” industry, but how does it weigh in compared to its peers? We will compare ScanTech AI Systems to similar companies based on the strength of its institutional ownership, profitability, earnings, risk, dividends, valuation and analyst recommendations.

Risk and Volatility

ScanTech AI Systems has a beta of -0.84, suggesting that its share price is 184% less volatile than the S&P 500. Comparatively, ScanTech AI Systems’ peers have a beta of -8.08, suggesting that their average share price is 908% less volatile than the S&P 500.

Profitability

This table compares ScanTech AI Systems and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
ScanTech AI Systems	N/A	N/A	N/A
ScanTech AI Systems Competitors	-119.58%	-17.91%	-6.32%

Institutional and Insider Ownership

74.0% of ScanTech AI Systems shares are owned by institutional investors. Comparatively, 62.6% of shares of all “IT Services” companies are owned by institutional investors. 2.3% of ScanTech AI Systems shares are owned by company insiders. Comparatively, 11.1% of shares of all “IT Services” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Analyst Ratings

This is a summary of current ratings and price targets for ScanTech AI Systems and its peers, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
ScanTech AI Systems	1	0	0	0	1.00
ScanTech AI Systems Competitors	427	2576	5285	192	2.62

As a group, “IT Services” companies have a potential upside of 24.71%. Given ScanTech AI Systems’ peers stronger consensus rating and higher possible upside, analysts clearly believe ScanTech AI Systems has less favorable growth aspects than its peers.

Earnings & Valuation

This table compares ScanTech AI Systems and its peers gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
ScanTech AI Systems	$540,000.00	-$23.07 million	-1.17
ScanTech AI Systems Competitors	$24.00 billion	$365.78 million	47.33

ScanTech AI Systems’ peers have higher revenue and earnings than ScanTech AI Systems. ScanTech AI Systems 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

ScanTech AI Systems peers beat ScanTech AI Systems on 8 of the 13 factors compared.

ScanTech AI Systems Company Profile

Scantech AI Systems, Inc. engages in the innovation, emerging technology, and machine learning expertise. ScanTech specializes in developing advanced screening technology that provides the most accurate and fastest detection of prohibited materials. The company was founded on September 5, 2023 and is headquartered in Buford, GA.