Evolv Technologies (EVLV) Competitors

$3.88
-0.03 (-0.77%)
(As of 05/3/2024 ET)

EVLV vs. MITK, SSYS, IMMR, PERI, BLND, AOSL, PLPC, CASS, ATEX, and SMWB

Should you be buying Evolv Technologies stock or one of its competitors? The main competitors of Evolv Technologies include Mitek Systems (MITK), Stratasys (SSYS), Immersion (IMMR), Perion Network (PERI), Blend Labs (BLND), Alpha and Omega Semiconductor (AOSL), Preformed Line Products (PLPC), Cass Information Systems (CASS), Anterix (ATEX), and Similarweb (SMWB). These companies are all part of the "computer and technology" sector.

Evolv Technologies vs.

Evolv Technologies (NASDAQ:EVLV) and Mitek Systems (NASDAQ:MITK) are both small-cap computer and technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their earnings, valuation, community ranking, profitability, institutional ownership, media sentiment, analyst recommendations, risk and dividends.

In the previous week, Evolv Technologies had 12 more articles in the media than Mitek Systems. MarketBeat recorded 14 mentions for Evolv Technologies and 2 mentions for Mitek Systems. Mitek Systems' average media sentiment score of 1.00 beat Evolv Technologies' score of 0.08 indicating that Mitek Systems is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Evolv Technologies
2 Very Positive mention(s)
1 Positive mention(s)
9 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Mitek Systems
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Evolv Technologies currently has a consensus target price of $7.25, suggesting a potential upside of 86.86%. Mitek Systems has a consensus target price of $19.00, suggesting a potential upside of 42.00%. Given Evolv Technologies' higher probable upside, equities analysts clearly believe Evolv Technologies is more favorable than Mitek Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Evolv Technologies
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.75
Mitek Systems
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00

Mitek Systems received 394 more outperform votes than Evolv Technologies when rated by MarketBeat users. However, 88.89% of users gave Evolv Technologies an outperform vote while only 66.56% of users gave Mitek Systems an outperform vote.

CompanyUnderperformOutperform
Evolv TechnologiesOutperform Votes
8
88.89%
Underperform Votes
1
11.11%
Mitek SystemsOutperform Votes
402
66.56%
Underperform Votes
202
33.44%

Mitek Systems has higher revenue and earnings than Evolv Technologies. Mitek Systems is trading at a lower price-to-earnings ratio than Evolv Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Evolv Technologies$80.42M7.51-$106.25M-$0.73-5.32
Mitek Systems$172.55M3.63$8.03M-$0.07-191.12

66.7% of Evolv Technologies shares are owned by institutional investors. Comparatively, 83.6% of Mitek Systems shares are owned by institutional investors. 12.1% of Evolv Technologies shares are owned by insiders. Comparatively, 4.4% of Mitek Systems shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Evolv Technologies has a beta of 1.37, suggesting that its stock price is 37% more volatile than the S&P 500. Comparatively, Mitek Systems has a beta of 1.12, suggesting that its stock price is 12% more volatile than the S&P 500.

Mitek Systems has a net margin of -1.97% compared to Evolv Technologies' net margin of -132.13%. Mitek Systems' return on equity of 13.13% beat Evolv Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Evolv Technologies-132.13% -47.56% -25.38%
Mitek Systems -1.97%13.13%6.68%

Summary

Mitek Systems beats Evolv Technologies on 10 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding EVLV and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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EVLV vs. The Competition

MetricEvolv TechnologiesComputer peripheral equipment IndustryComputer SectorNASDAQ Exchange
Market Cap$603.65M$9.99B$19.93B$7.70B
Dividend YieldN/A5.07%2.80%3.97%
P/E Ratio-5.3244.41247.0718.57
Price / Sales7.513.25525.8091.15
Price / CashN/A19.6628.0135.55
Price / Book4.005.136.554.37
Net Income-$106.25M$94.26M$631.25M$214.71M
7 Day Performance-5.94%-0.04%1.02%2.29%
1 Month Performance-19.83%-7.34%-1.38%-2.62%
1 Year Performance590.27%34.62%20.58%9.95%

Evolv Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MITK
Mitek Systems
2.2581 of 5 stars
$12.63
-0.2%
$19.00
+50.4%
+46.4%$590.96M$172.55M-180.40573Positive News
Gap Up
SSYS
Stratasys
3.3564 of 5 stars
$9.72
-3.0%
$20.00
+105.8%
-31.8%$677.10M$627.60M-5.431,980
IMMR
Immersion
3.3574 of 5 stars
$7.27
+0.3%
$11.00
+51.3%
+4.0%$230.46M$33.92M7.0614Upcoming Earnings
PERI
Perion Network
4.3489 of 5 stars
$12.59
+1.0%
$25.80
+104.9%
-63.3%$604.19M$743.16M5.38440Upcoming Earnings
BLND
Blend Labs
2.6498 of 5 stars
$2.45
+8.4%
$3.06
+25.3%
+340.0%$616.26M$156.85M-3.18881Positive News
High Trading Volume
AOSL
Alpha and Omega Semiconductor
2.3992 of 5 stars
$21.87
-2.6%
$30.00
+37.2%
-8.7%$618.48M$691.32M-34.712,468Upcoming Earnings
Short Interest ↑
Gap Up
PLPC
Preformed Line Products
1.1145 of 5 stars
$121.03
-2.2%
N/A-2.7%$596.68M$669.68M9.543,520
CASS
Cass Information Systems
4.6601 of 5 stars
$43.19
-0.7%
$51.00
+18.1%
+24.2%$588.68M$197.51M19.721,316Short Interest ↑
ATEX
Anterix
2.2516 of 5 stars
$31.52
-2.2%
$58.00
+84.0%
+3.1%$583.75M$1.92M37.5282News Coverage
SMWB
Similarweb
3.0223 of 5 stars
$7.41
-3.3%
$10.60
+43.1%
+14.5%$582.40M$218.02M-20.01899Upcoming Earnings

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This page (NASDAQ:EVLV) was last updated on 5/3/2024 by MarketBeat.com Staff

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