Comparing Syntec Optics (OPTX) & Its Competitors

Syntec Optics (NASDAQ:OPTX) is one of 258 publicly-traded companies in the “Technology Services” industry, but how does it contrast to its competitors? We will compare Syntec Optics to similar businesses based on the strength of its valuation, profitability, risk, institutional ownership, earnings, dividends and analyst recommendations.

Analyst Recommendations

This is a summary of current recommendations and price targets for Syntec Optics and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Syntec Optics	1	0	0	0	1.00
Syntec Optics Competitors	829	2341	4939	273	2.56

As a group, “Technology Services” companies have a potential upside of 20.08%. Given Syntec Optics’ competitors stronger consensus rating and higher probable upside, analysts clearly believe Syntec Optics has less favorable growth aspects than its competitors.

Institutional and Insider Ownership

37.8% of shares of all “Technology Services” companies are owned by institutional investors. 0.2% of Syntec Optics shares are owned by insiders. Comparatively, 19.9% of shares of all “Technology Services” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Valuation & Earnings

This table compares Syntec Optics and its competitors gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Syntec Optics	$28.45 million	-$2.48 million	-66.75
Syntec Optics Competitors	$1.28 billion	$24.96 million	4.33

Syntec Optics’ competitors have higher revenue and earnings than Syntec Optics. Syntec Optics 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.

Risk and Volatility

Syntec Optics has a beta of -1.17, meaning that its share price is 217% less volatile than the S&P 500. Comparatively, Syntec Optics’ competitors have a beta of -14.59, meaning that their average share price is 1,559% less volatile than the S&P 500.

Profitability

This table compares Syntec Optics and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Syntec Optics	-5.46%	-13.81%	-5.99%
Syntec Optics Competitors	-438.83%	-671.28%	-17.31%

Summary

Syntec Optics competitors beat Syntec Optics on 9 of the 13 factors compared.

About Syntec Optics

Syntec Optics Holdings, Inc. manufactures and supplies integrated optics for biomedical, defense and military, consumer, and other applications. It offers camera modules; tool design, design for manufacturing, optical and opto-mechanical design, and moldflow analysis; SPDT optics, such as freedom optics, microlens arrays, spheres and aspheres, diffractives, SPDT materials, and optical tooling; replicative molding, that includes polymer and glass molding, and molded production materials; thin film coating and coating curve materials; and precision machining and precision machining materials. The company also provides clean room assembly, such as opto mechanical, opto electronic, and integrated photonics; infrared optics, microlens arrays, software development, and optical metrology, and catalog optics services. In addition, it offers driverless cars, integrated photonics, robotics, sensors, VR and AR, machine vision, facial imagining, heads up display, finger print scanners, and laser scanners technology for consumers; night vision goggles, missile laser guides, biometrics, infrared and thermal imaging, ordnance optics, head mounted displays, 2D and 3D scanners, humvee lighting , laser targeting, protective domes and windows, and lidar technologies for defense and miliary; and medical diagnostic, microfluidics, surgical components and systems, and medical sensing technology for medical sectors. The company was founded in 1981 and is based in Rochester, New York.