MITK vs. EVLV, SSYS, IMMR, INVE, RDCM, ASTS, ATEX, CASS, SNPO, and CRNC
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), Identiv (INVE), RADCOM (RDCM), AST SpaceMobile (ASTS), Anterix (ATEX), Cass Information Systems (CASS), Snap One (SNPO), and Cerence (CRNC). These companies are all part of the "computer and technology" sector.
Mitek Systems (NASDAQ:MITK) and Evolv Technologies (NASDAQ:EVLV) are both small-cap computer and technology companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, valuation, risk, profitability, dividends, earnings, analyst recommendations, media sentiment and community ranking.
83.6% of Mitek Systems shares are held by institutional investors. Comparatively, 66.7% of Evolv Technologies shares are held by institutional investors. 4.4% of Mitek Systems shares are held by company insiders. Comparatively, 12.1% of Evolv Technologies shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Mitek Systems has higher revenue and earnings than Evolv Technologies. Evolv Technologies is trading at a lower price-to-earnings ratio than Mitek Systems, indicating that it is currently the more affordable of the two stocks.
Mitek Systems received 391 more outperform votes than Evolv Technologies when rated by MarketBeat users. However, 88.89% of users gave Evolv Technologies an outperform vote while only 66.39% of users gave Mitek Systems an outperform vote.
In the previous week, Mitek Systems had 15 more articles in the media than Evolv Technologies. MarketBeat recorded 33 mentions for Mitek Systems and 18 mentions for Evolv Technologies. Mitek Systems' average media sentiment score of 0.70 beat Evolv Technologies' score of 0.09 indicating that Mitek Systems is being referred to more favorably in the media.
Mitek Systems has a net margin of 4.25% compared to Evolv Technologies' net margin of -132.13%. Mitek Systems' return on equity of 17.83% beat Evolv Technologies' return on equity.
Mitek Systems presently has a consensus price target of $18.00, suggesting a potential upside of 27.66%. Evolv Technologies has a consensus price target of $7.25, suggesting a potential upside of 62.92%. Given Evolv Technologies' higher possible upside, analysts clearly believe Evolv Technologies is more favorable than Mitek Systems.
Mitek Systems has a beta of 1.07, meaning that its share price is 7% more volatile than the S&P 500. Comparatively, Evolv Technologies has a beta of 1.37, meaning that its share price is 37% more volatile than the S&P 500.
Summary
Mitek Systems beats Evolv Technologies on 12 of the 18 factors compared between the two stocks.
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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.
Skip ChartThis 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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