MITK vs. EVLV, SSYS, IMMR, CASS, PLPC, ATEX, SMWB, MGIC, PERI, and ASTS
Should you be buying Mitek Systems stock or one of its competitors? The main competitors of Mitek Systems include Evolv Technologies (EVLV), Stratasys (SSYS), Immersion (IMMR), Cass Information Systems (CASS), Preformed Line Products (PLPC), Anterix (ATEX), Similarweb (SMWB), Magic Software Enterprises (MGIC), Perion Network (PERI), and AST SpaceMobile (ASTS). These companies are all part of the "computer and technology" sector.
Evolv Technologies (NASDAQ:EVLV) and Mitek Systems (NASDAQ:MITK) are both small-cap computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, community ranking, earnings, dividends, institutional ownership, analyst recommendations, risk, media sentiment and profitability.
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.
Mitek Systems has a net margin of -1.97% compared to Mitek Systems' net margin of -132.13%. Evolv Technologies' return on equity of 13.13% beat Mitek Systems' return on equity.
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 company insiders. Comparatively, 4.4% of Mitek Systems shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
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.
In the previous week, Evolv Technologies had 11 more articles in the media than Mitek Systems. MarketBeat recorded 14 mentions for Evolv Technologies and 3 mentions for Mitek Systems. Evolv Technologies' average media sentiment score of 1.00 beat Mitek Systems' score of 0.08 indicating that Mitek Systems is being referred to more favorably in the news media.
Evolv Technologies has a beta of 1.37, indicating that its share price is 37% more volatile than the S&P 500. Comparatively, Mitek Systems has a beta of 1.12, indicating that its share price is 12% more volatile than the S&P 500.
Evolv Technologies presently has a consensus price target of $7.25, indicating a potential upside of 86.86%. Mitek Systems has a consensus price target of $19.00, indicating a potential upside of 42.00%. Given Mitek Systems' higher possible upside, research analysts plainly believe Evolv Technologies is more favorable than Mitek Systems.
Summary
Mitek Systems beats Evolv Technologies on 10 of the 18 factors compared between the two stocks.
Get Mitek Systems News Delivered to You Automatically
Sign up to receive the latest news and ratings for MITK and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding MITK and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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.
Mitek Systems Competitors List
Related Companies and Tools
