Health In Tech (HIT) versus Its Rivals Financial Analysis

Health In Tech (NASDAQ:HIT) is one of 93 public companies in the “Healthcare Technology” industry, but how does it compare to its peers? We will compare Health In Tech to related businesses based on the strength of its valuation, analyst recommendations, risk, institutional ownership, dividends, profitability and earnings.

Risk & Volatility

Health In Tech has a beta of 3.02, meaning that its share price is 202% more volatile than the S&P 500. Comparatively, Health In Tech’s peers have a beta of 1.11, meaning that their average share price is 11% more volatile than the S&P 500.

Profitability

This table compares Health In Tech and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Health In Tech	N/A	N/A	N/A
Health In Tech Competitors	-762.90%	-30.85%	-15.65%

Valuation & Earnings

This table compares Health In Tech and its peers top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Health In Tech	$32.83 million	N/A	-8.67
Health In Tech Competitors	$352.08 million	-$24.15 million	12.73

Health In Tech’s peers have higher revenue, but lower earnings than Health In Tech. Health In Tech 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.

Analyst Recommendations

This is a breakdown of current ratings for Health In Tech and its peers, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Health In Tech	1	0	1	1	2.67
Health In Tech Competitors	451	1533	2743	89	2.51

Health In Tech currently has a consensus price target of $3.50, indicating a potential upside of 476.61%. As a group, “Healthcare Technology” companies have a potential upside of 45.11%. Given Health In Tech’s stronger consensus rating and higher possible upside, equities research analysts plainly believe Health In Tech is more favorable than its peers.

Insider & Institutional Ownership

42.4% of shares of all “Healthcare Technology” companies are held by institutional investors. 71.0% of Health In Tech shares are held by insiders. Comparatively, 16.2% of shares of all “Healthcare Technology” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Summary

Health In Tech beats its peers on 8 of the 12 factors compared.

Health In Tech Company Profile

Health in Tech, Inc. engages in the provision of insurance technology platforms which offer a marketplace of processes in the healthcare industry. Its services include Stone Mountain Risk, eDIYBS, HI Card, HI Performance Network, and Ancillary Products. The company was founded by Tim Johnson in 2014 and is headquartered in Stuart, FL.