Neonode (NASDAQ:NEON – 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 Neonode to similar companies based on the strength of its institutional ownership, profitability, risk, valuation, dividends, earnings and analyst recommendations.
Risk and Volatility
Neonode has a beta of 1.82, meaning that its stock price is 82% more volatile than the S&P 500. Comparatively, Neonode’s competitors have a beta of -0.28, meaning that their average stock price is 128% less volatile than the S&P 500.
Earnings & Valuation
This table compares Neonode and its competitors gross revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Neonode | $2.06 million | $8.49 million | -1.92 |
| Neonode Competitors | $115.49 billion | $173.80 million | 2.64 |
Neonode’s competitors have higher revenue and earnings than Neonode. Neonode 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.
Analyst Recommendations
This is a breakdown of current ratings for Neonode and its competitors, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Neonode | 1 | 0 | 0 | 0 | 1.00 |
| Neonode Competitors | 2049 | 7610 | 10441 | 662 | 2.47 |
As a group, “Electronic Equipment, Instruments & Components” companies have a potential upside of 41.16%. Given Neonode’s competitors stronger consensus rating and higher possible upside, analysts plainly believe Neonode has less favorable growth aspects than its competitors.
Profitability
This table compares Neonode and its competitors’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Neonode | 397.84% | -32.35% | -28.42% |
| Neonode Competitors | -160.23% | -30.21% | -6.88% |
Insider & Institutional Ownership
11.6% of Neonode shares are held by institutional investors. Comparatively, 43.3% of shares of all “Electronic Equipment, Instruments & Components” companies are held by institutional investors. 21.9% of Neonode shares are held by insiders. Comparatively, 16.4% of shares of all “Electronic Equipment, Instruments & Components” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Summary
Neonode competitors beat Neonode on 10 of the 13 factors compared.
Neonode Company Profile
Neonode Inc., together with its subsidiaries, develops optical sensing solutions for contactless touch, touch, and gesture sensing in the United States, Japan, South Korea, Germany, Switzerland, France, Sweden, China, and internationally. It also offers software solutions for machine perception to detect and track persons and objects in video streams from cameras and other types of imagers. In addition, the company sells touch sensor modules to OEMs, original design manufacturers, and systems integrators. Further, it licenses its zForce technology to original equipment manufacturers and automotive Tier 1 suppliers, as well as provides non-recurring engineering services related to application development. It serves office equipment, automotive, industrial automation, medical, military, and avionics markets. Neonode Inc. was incorporated in 1997 and is headquartered in Stockholm, Sweden.
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