Head to Head Survey: Health In Tech (HIT) and Its Rivals

Health In Tech (NASDAQ:HITGet Free Report) is one of 96 publicly-traded companies in the “Healthcare Technology” industry, but how does it weigh in compared to its competitors? We will compare Health In Tech to similar companies based on the strength of its valuation, earnings, risk, profitability, dividends, analyst recommendations and institutional ownership.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for Health In Tech and its competitors, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Health In Tech 1 0 1 1 2.67
Health In Tech Competitors 425 1477 2697 87 2.52

Health In Tech presently has a consensus target price of $3.50, suggesting a potential upside of 248.26%. As a group, “Healthcare Technology” companies have a potential upside of 56.84%. Given Health In Tech’s stronger consensus rating and higher probable upside, equities research analysts plainly believe Health In Tech is more favorable than its competitors.

Institutional and Insider Ownership

41.7% of shares of all “Healthcare Technology” companies are held by institutional investors. 77.7% of Health In Tech shares are held by insiders. Comparatively, 15.8% of shares of all “Healthcare Technology” companies are held by 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.

Volatility and Risk

Health In Tech has a beta of 2.82, indicating that its share price is 182% more volatile than the S&P 500. Comparatively, Health In Tech’s competitors have a beta of 1.12, indicating that their average share price is 12% more volatile than the S&P 500.

Profitability

This table compares Health In Tech and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Health In Tech N/A N/A N/A
Health In Tech Competitors -768.40% -40.39% -18.21%

Valuation and Earnings

This table compares Health In Tech and its competitors gross revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Health In Tech $32.83 million N/A -14.36
Health In Tech Competitors $335.67 million -$23.71 million 13.43

Health In Tech’s competitors have higher revenue, but lower earnings than Health In Tech. Health In Tech is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Summary

Health In Tech beats its competitors on 8 of the 12 factors compared.

About Health In Tech

(Get Free Report)

Health in Tech, Inc. engages in the provision of insurance technology platforms which offer a marketplace of processes in the healthcare industry. Its services include Stone Mountain Risk, eDIYBS, HI Card, HI Performance Network, and Ancillary Products. The company was founded by Tim Johnson in 2014 and is headquartered in Stuart, FL.

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