EVLV vs. SSYS, MITK, IMMR, BLND, NVTS, SMWB, PLPC, WKME, CHGG, and CASS
Should you be buying Evolv Technologies stock or one of its competitors? The main competitors of Evolv Technologies include Stratasys (SSYS), Mitek Systems (MITK), Immersion (IMMR), Blend Labs (BLND), Navitas Semiconductor (NVTS), Similarweb (SMWB), Preformed Line Products (PLPC), WalkMe (WKME), Chegg (CHGG), and Cass Information Systems (CASS). These companies are all part of the "computer and technology" sector.
Evolv Technologies (NASDAQ:EVLV) and Stratasys (NASDAQ:SSYS) are both small-cap computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their analyst recommendations, valuation, institutional ownership, media sentiment, risk, profitability, dividends, community ranking and earnings.
Evolv Technologies has a beta of 1.35, indicating that its stock price is 35% more volatile than the S&P 500. Comparatively, Stratasys has a beta of 1.29, indicating that its stock price is 29% more volatile than the S&P 500.
66.7% of Evolv Technologies shares are owned by institutional investors. Comparatively, 75.8% of Stratasys shares are owned by institutional investors. 12.1% of Evolv Technologies shares are owned by insiders. Comparatively, 4.3% of Stratasys shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Evolv Technologies currently has a consensus price target of $7.25, indicating a potential upside of 84.01%. Stratasys has a consensus price target of $20.00, indicating a potential upside of 104.92%. Given Stratasys' stronger consensus rating and higher probable upside, analysts clearly believe Stratasys is more favorable than Evolv Technologies.
In the previous week, Evolv Technologies had 5 more articles in the media than Stratasys. MarketBeat recorded 9 mentions for Evolv Technologies and 4 mentions for Stratasys. Stratasys' average media sentiment score of 0.53 beat Evolv Technologies' score of 0.00 indicating that Stratasys is being referred to more favorably in the news media.
Stratasys received 740 more outperform votes than Evolv Technologies when rated by MarketBeat users. However, 88.89% of users gave Evolv Technologies an outperform vote while only 67.15% of users gave Stratasys an outperform vote.
Evolv Technologies has higher earnings, but lower revenue than Stratasys. Stratasys is trading at a lower price-to-earnings ratio than Evolv Technologies, indicating that it is currently the more affordable of the two stocks.
Stratasys has a net margin of -19.61% compared to Evolv Technologies' net margin of -132.13%. Stratasys' return on equity of -2.28% beat Evolv Technologies' return on equity.
Summary
Evolv Technologies and Stratasys tied by winning 9 of the 18 factors compared between the two stocks.
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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.
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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