Reviewing Evolv Technologies (EVLV) & The Competition

Evolv Technologies (NASDAQ:EVLV) is one of 377 publicly-traded companies in the “Electronic Equipment, Instruments & Components” industry, but how does it weigh in compared to its peers? We will compare Evolv Technologies to related companies based on the strength of its risk, earnings, valuation, analyst recommendations, institutional ownership, profitability and dividends.

Risk & Volatility

Evolv Technologies has a beta of 1.75, suggesting that its stock price is 75% more volatile than the S&P 500. Comparatively, Evolv Technologies’ peers have a beta of -0.30, suggesting that their average stock price is 130% less volatile than the S&P 500.

Valuation and Earnings

This table compares Evolv Technologies and its peers gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Evolv Technologies	$145.90 million	-$33.14 million	-152.67
Evolv Technologies Competitors	$4.08 billion	$166.60 million	0.43

Evolv Technologies’ peers have higher revenue and earnings than Evolv Technologies. Evolv 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.

Institutional and Insider Ownership

66.7% of Evolv Technologies shares are owned by institutional investors. Comparatively, 43.5% of shares of all “Electronic Equipment, Instruments & Components” companies are owned by institutional investors. 5.2% of Evolv Technologies shares are owned by company insiders. Comparatively, 16.3% of shares of all “Electronic Equipment, Instruments & Components” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Analyst Ratings

This is a breakdown of current ratings for Evolv Technologies and its peers, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Evolv Technologies	1	1	4	0	2.50
Evolv Technologies Competitors	2043	7573	10363	647	2.47

Evolv Technologies presently has a consensus target price of $9.81, suggesting a potential upside of 114.25%. As a group, “Electronic Equipment, Instruments & Components” companies have a potential upside of 32.66%. Given Evolv Technologies’ stronger consensus rating and higher possible upside, analysts clearly believe Evolv Technologies is more favorable than its peers.

Profitability

This table compares Evolv Technologies and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Evolv Technologies	-3.05%	-4.53%	-1.72%
Evolv Technologies Competitors	-169.54%	-25.27%	-5.67%

Summary

Evolv Technologies beats its peers on 8 of the 13 factors compared.

Evolv Technologies Company Profile

Evolv Technologies Holdings, Inc. provides artificial intelligence (AI)-based weapons detection for security screening in the United States and internationally. Its products include Evolv Express, a touchless security screening system designed to detect firearms, improvised explosive devices, and tactical knives; and Evolv Insights that provides self-serve access, insights regarding visitor flow and arrival curves, location specific performance, system detection performance, and alarm statistics. The company was founded in 2013 and is headquartered in Waltham, Massachusetts.