Freight Technologies (FRGT) vs. The Competition Head-To-Head Contrast

Freight Technologies (NASDAQ:FRGT) is one of 45 publicly-traded companies in the “TRANS – SERVICES” industry, but how does it compare to its competitors? We will compare Freight Technologies to similar businesses based on the strength of its profitability, risk, institutional ownership, dividends, analyst recommendations, valuation and earnings.

Volatility and Risk

Freight Technologies has a beta of 1.24, indicating that its share price is 24% more volatile than the S&P 500. Comparatively, Freight Technologies’ competitors have a beta of 0.87, indicating that their average share price is 13% less volatile than the S&P 500.

Profitability

This table compares Freight Technologies and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Freight Technologies	N/A	N/A	N/A
Freight Technologies Competitors	7.31%	-228.78%	2.61%

Analyst Recommendations

This is a breakdown of current ratings and recommmendations for Freight Technologies and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Freight Technologies	1	0	0	0	1.00
Freight Technologies Competitors	457	1452	1590	94	2.37

As a group, “TRANS – SERVICES” companies have a potential upside of 4.92%. Given Freight Technologies’ competitors stronger consensus rating and higher probable upside, analysts plainly believe Freight Technologies has less favorable growth aspects than its competitors.

Valuation and Earnings

This table compares Freight Technologies and its competitors revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Freight Technologies	$13.73 million	-$5.60 million	-0.29
Freight Technologies Competitors	$9.96 billion	$183.78 million	17.97

Freight Technologies’ competitors have higher revenue and earnings than Freight Technologies. Freight 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.

Insider & Institutional Ownership

6.2% of Freight Technologies shares are held by institutional investors. Comparatively, 55.5% of shares of all “TRANS – SERVICES” companies are held by institutional investors. 9.0% of Freight Technologies shares are held by insiders. Comparatively, 23.0% of shares of all “TRANS – SERVICES” companies are held by 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.

Summary

Freight Technologies competitors beat Freight Technologies on 11 of the 13 factors compared.

About Freight Technologies

Freight Technologies, Inc., through its subsidiary, operates a transportation logistics technology platform for cross-border shipping in the United States and Mexico. Its Fr8App technology platform offers an online portal and a mobile application that provide third-party logistics services to companies in the freight transportation market; a transport management solution for customers to manage their own fleet; and freight brokerage support and customer services based on the platform. The company was incorporated in 2015 and is headquartered in The Woodlands, Texas.