Ideanomics (IDEX) Competitors

$1.03
-0.02 (-1.90%)
(As of 05/10/2024 ET)

IDEX vs. LDWY, EVOL, UPXI, NXL, MTEK, SHPW, SPPL, FRSX, TOMZ, and ATIF

Should you be buying Ideanomics stock or one of its competitors? The main competitors of Ideanomics include Lendway (LDWY), Symbolic Logic (EVOL), Upexi (UPXI), Nexalin Technology (NXL), Maris-Tech (MTEK), Shapeways (SHPW), Simpple (SPPL), Foresight Autonomous (FRSX), TOMI Environmental Solutions (TOMZ), and ATIF (ATIF). These companies are all part of the "business services" sector.

Ideanomics vs.

Lendway (NASDAQ:LDWY) and Ideanomics (NASDAQ:IDEX) are both small-cap business services companies, but which is the better investment? We will contrast the two companies based on the strength of their earnings, institutional ownership, valuation, community ranking, profitability, risk, analyst recommendations, dividends and media sentiment.

Ideanomics received 75 more outperform votes than Lendway when rated by MarketBeat users.

CompanyUnderperformOutperform
LendwayN/AN/A
IdeanomicsOutperform Votes
75
68.81%
Underperform Votes
34
31.19%

Lendway has higher earnings, but lower revenue than Ideanomics. Ideanomics is trading at a lower price-to-earnings ratio than Lendway, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Lendway$18.80M0.51$2.41M$1.334.17
Ideanomics$93.64M0.13-$260.69M-$61.35-0.02

6.6% of Lendway shares are held by institutional investors. Comparatively, 4.4% of Ideanomics shares are held by institutional investors. 16.9% of Lendway shares are held by insiders. Comparatively, 0.6% of Ideanomics shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Lendway has a net margin of 0.00% compared to Lendway's net margin of -931.66%. Ideanomics' return on equity of -1.73% beat Lendway's return on equity.

Company Net Margins Return on Equity Return on Assets
LendwayN/A -1.73% -1.40%
Ideanomics -931.66%-246.84%-78.83%

Lendway has a beta of 1.94, indicating that its share price is 94% more volatile than the S&P 500. Comparatively, Ideanomics has a beta of 0.61, indicating that its share price is 39% less volatile than the S&P 500.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Lendway
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Ideanomics
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

In the previous week, Lendway and Lendway both had 2 articles in the media. Ideanomics' average media sentiment score of 0.96 beat Lendway's score of 0.00 indicating that Lendway is being referred to more favorably in the media.

Company Overall Sentiment
Lendway Positive
Ideanomics Neutral

Summary

Lendway beats Ideanomics on 11 of the 13 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding IDEX 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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IDEX vs. The Competition

MetricIdeanomicsMotor vehicles & car bodies IndustryBusiness SectorNASDAQ Exchange
Market Cap$12.33M$34.17B$6.58B$7.82B
Dividend YieldN/A2.07%2.88%3.95%
P/E Ratio-0.029.8929.4514.58
Price / Sales0.132.651,040.6475.22
Price / CashN/A10.9827.6136.53
Price / Book0.042.424.614.51
Net Income-$260.69M$2.44B$117.71M$217.43M
7 Day Performance4.04%-0.77%0.41%-0.15%
1 Month Performance11.96%-3.78%-1.63%-1.64%
1 Year Performance-80.47%-8.08%7.35%8.89%

Ideanomics Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
LDWY
Lendway
0 of 5 stars
$6.12
-2.5%
N/AN/A$10.65M$18.80M4.6030Upcoming Earnings
Short Interest ↓
Gap Down
EVOL
Symbolic Logic
0 of 5 stars
$1.06
flat
N/A+6.0%$11.31MN/A0.008Upcoming Earnings
Analyst Forecast
News Coverage
UPXI
Upexi
3.2174 of 5 stars
$0.50
flat
$1.25
+150.0%
-90.8%$10.45M$80.68M0.0095Short Interest ↓
NXL
Nexalin Technology
0 of 5 stars
$1.53
-1.3%
N/A+50.6%$11.38M$110,000.000.006Short Interest ↓
Gap Down
MTEK
Maris-Tech
0 of 5 stars
$1.47
-0.7%
N/A+50.5%$11.58M$4.03M0.009Short Interest ↓
News Coverage
SHPW
Shapeways
2.0849 of 5 stars
$1.53
-2.5%
$3.00
+96.1%
-63.0%$10.13M$34.46M-0.24203Gap Down
SPPL
Simpple
0 of 5 stars
$0.74
flat
N/AN/A$11.81MN/A0.0034Short Interest ↓
News Coverage
Positive News
Gap Up
FRSX
Foresight Autonomous
0 of 5 stars
$1.13
+4.6%
N/A-48.7%$12.24M$500,000.000.0074Short Interest ↓
News Coverage
TOMZ
TOMI Environmental Solutions
3.7079 of 5 stars
$0.62
flat
$3.50
+465.4%
+15.4%$12.35M$7.36M-3.6426Upcoming Earnings
Short Interest ↓
News Coverage
Gap Up
ATIF
ATIF
0 of 5 stars
$0.97
+6.6%
N/A-51.2%$9.37M$2.45M-2.0713Short Interest ↓
Gap Up

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This page (NASDAQ:IDEX) was last updated on 5/11/2024 by MarketBeat.com Staff

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