Evolv Technologies (NASDAQ:EVLV – Get Free Report) is one of 377 public companies in the “Electronic Equipment, Instruments & Components” industry, but how does it contrast to its competitors? We will compare Evolv Technologies to related companies based on the strength of its risk, valuation, analyst recommendations, profitability, dividends, institutional ownership and earnings.
Profitability
This table compares Evolv Technologies and its competitors’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Evolv Technologies | -3.05% | -4.53% | -1.72% |
| Evolv Technologies Competitors | -169.54% | -25.27% | -5.67% |
Insider & Institutional Ownership
66.7% of Evolv Technologies shares are held by institutional investors. Comparatively, 43.5% of shares of all “Electronic Equipment, Instruments & Components” companies are held by institutional investors. 5.2% of Evolv Technologies shares are held by company insiders. Comparatively, 16.3% of shares of all “Electronic Equipment, Instruments & Components” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Earnings & Valuation
This table compares Evolv Technologies and its competitors gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Evolv Technologies | $145.90 million | -$33.14 million | -152.67 |
| Evolv Technologies Competitors | $4.08 billion | $166.60 million | 0.43 |
Evolv Technologies’ competitors have higher revenue and earnings than Evolv Technologies. Evolv Technologies 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.
Volatility & Risk
Evolv Technologies has a beta of 1.75, suggesting that its stock price is 75% more volatile than the S&P 500. Comparatively, Evolv Technologies’ competitors have a beta of -0.30, suggesting that their average stock price is 130% less volatile than the S&P 500.
Analyst Ratings
This is a breakdown of recent recommendations for Evolv Technologies and its competitors, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Evolv Technologies | 1 | 1 | 4 | 0 | 2.50 |
| Evolv Technologies Competitors | 2043 | 7573 | 10363 | 647 | 2.47 |
Evolv Technologies presently has a consensus price target of $9.81, indicating a potential upside of 114.25%. As a group, “Electronic Equipment, Instruments & Components” companies have a potential upside of 32.66%. Given Evolv Technologies’ stronger consensus rating and higher probable upside, equities analysts plainly believe Evolv Technologies is more favorable than its competitors.
Summary
Evolv Technologies beats its competitors on 8 of the 13 factors compared.
Evolv Technologies Company Profile
Evolv Technologies Holdings, Inc. provides artificial intelligence (AI)-based weapons detection for security screening in the United States and internationally. 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.
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