Innoviz Technologies (NASDAQ:INVZ – Get Free Report) and Patrick Industries (NASDAQ:PATK – Get Free Report) are both consumer discretionary companies, but which is the superior investment? We will contrast the two businesses based on the strength of their earnings, institutional ownership, profitability, valuation, dividends, analyst recommendations and risk.
Institutional & Insider Ownership
63.3% of Innoviz Technologies shares are held by institutional investors. Comparatively, 93.3% of Patrick Industries shares are held by institutional investors. 11.2% of Innoviz Technologies shares are held by company insiders. Comparatively, 3.8% of Patrick Industries shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
Profitability
This table compares Innoviz Technologies and Patrick Industries’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Innoviz Technologies | -153.10% | -118.08% | -61.27% |
| Patrick Industries | 3.38% | 12.61% | 4.61% |
Volatility and Risk
Innoviz Technologies has a beta of 1.58, indicating that its stock price is 58% more volatile than the S&P 500. Comparatively, Patrick Industries has a beta of 1.21, indicating that its stock price is 21% more volatile than the S&P 500.
Analyst Ratings
This is a breakdown of current recommendations for Innoviz Technologies and Patrick Industries, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Innoviz Technologies | 1 | 0 | 1 | 0 | 2.00 |
| Patrick Industries | 0 | 2 | 8 | 0 | 2.80 |
Innoviz Technologies presently has a consensus target price of $2.00, suggesting a potential upside of 758.37%. Patrick Industries has a consensus target price of $102.11, suggesting a potential upside of 26.87%. Given Innoviz Technologies’ higher probable upside, analysts clearly believe Innoviz Technologies is more favorable than Patrick Industries.
Earnings & Valuation
This table compares Innoviz Technologies and Patrick Industries”s top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Innoviz Technologies | $53.17 million | 0.94 | -$67.79 million | ($0.38) | -0.61 |
| Patrick Industries | $3.95 billion | 0.65 | $135.06 million | $3.85 | 20.91 |
Patrick Industries has higher revenue and earnings than Innoviz Technologies. Innoviz Technologies is trading at a lower price-to-earnings ratio than Patrick Industries, indicating that it is currently the more affordable of the two stocks.
Summary
Patrick Industries beats Innoviz Technologies on 10 of the 14 factors compared between the two stocks.
About Innoviz Technologies
Innoviz Technologies Ltd. manufactures and sells automotive grade LiDAR sensors and perception software to enable safe autonomous driving at a mass scale. The company offers InnovizOne, a solid-state LiDAR sensor designed for automakers and robotaxis, shuttles, trucks, and delivery companies requiring an automotive-grade and mass-producible solution to achieve autonomy. It also provides InnovizTwo, an automotive-grade LiDAR sensor that offers a solution for all levels of autonomous driving, as well as an option to integrate the perception application in the LiDAR sensor; and perception application, a software application that raw point cloud data from Innoviz LiDAR products into perception outputs. The company operates in Europe, Asia Pacific, the Middle East, Africa, and North America. It markets and sells its products through a direct sales organization, as well as through distribution channels. The company is headquartered in Rosh Haayin, Israel.
About Patrick Industries
Patrick Industries, Inc. manufactures and distributes component products and materials for the recreational vehicle, marine, manufactured housing, and industrial markets in the United States, Mexico, China, and Canada. Its Manufacturing segment manufactures and sells laminated products for furniture, shelving, wall, countertop, and cabinet products; cabinet doors, fiberglass bath fixtures, and tile systems; hardwood furniture, vinyl printing, amplifiers, tower speakers, soundbars, and subwoofers; solid surface, granite, and quartz countertop fabrication; aluminum products; fiberglass and plastic components; RV paintings; decorative vinyl and paper laminated panels; softwoods lumber; custom cabinets; polymer-based flooring products; dash panels; and other products. This segment also provides wrapped vinyl, paper, and hardwood profile mouldings; interior passage doors; air handling products; slide-out trim and fascia; treated, untreated, and laminated plywood; fiberglass and plastic helm systems and components; boat towers, tops, trailers, and frames; adhesives and sealants; thermoformed shower surrounds; specialty bath, and closet building products; wiring and wire harnesses; aluminum and plastic fuel tanks; CNC molds, composite parts, marine hardware; slotwall panels, components; and other products. The company's Distribution segment distributes pre-finished wall and ceiling panels, drywall and finishing products, electronic and audio system components, appliances, marine accessories, wiring products, electrical and plumbing products, fiber reinforced polyester products; cement siding products, raw and processed lumber, interior passage, roofing, laminate, and ceramic flooring products, shower doors, furniture, fireplaces and surrounds, interior and exterior lighting products, and other products. This segment also offers transportation and logistics services. Patrick Industries, Inc. was incorporated in 1959 and is based in Elkhart, Indiana.
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