Critical Comparison: Freight Technologies (FRGT) and Its Rivals

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

Earnings and Valuation

This table compares Freight Technologies and its peers top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Freight Technologies	$13.73 million	-$5.60 million	-0.29
Freight Technologies Competitors	$9.95 billion	$183.78 million	17.97

Freight Technologies’ peers have higher revenue and earnings than Freight Technologies. Freight Technologies is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Insider and Institutional Ownership

6.2% of Freight Technologies shares are owned by institutional investors. Comparatively, 55.5% of shares of all “TRANS – SERVICES” companies are owned by institutional investors. 9.0% of Freight Technologies shares are owned by company insiders. Comparatively, 23.0% of shares of all “TRANS – SERVICES” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Analyst Ratings

This is a summary of current recommendations for Freight Technologies and its peers, as provided by MarketBeat.com.

	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’ peers stronger consensus rating and higher probable upside, analysts plainly believe Freight Technologies has less favorable growth aspects than its peers.

Profitability

This table compares Freight Technologies and its peers’ 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%

Volatility and Risk

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

Summary

Freight Technologies peers 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.