Covisint Corp (NASDAQ: COVS) is one of 196 publicly-traded companies in the “IT Services & Consulting” industry, but how does it compare to its competitors? We will compare Covisint Corp to related companies based on the strength of its profitability, institutional ownership, risk, analyst recommendations, dividends, valuation and earnings.

Profitability

This table compares Covisint Corp and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Covisint Corp 8.37% 10.72% 7.55%
Covisint Corp Competitors -22.23% -63.03% -4.49%

Analyst Recommendations

This is a breakdown of current ratings and target prices for Covisint Corp and its competitors, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Covisint Corp 0 0 0 0 N/A
Covisint Corp Competitors 1008 5189 7782 222 2.51

As a group, “IT Services & Consulting” companies have a potential upside of 1.26%. Given Covisint Corp’s competitors higher probable upside, analysts clearly believe Covisint Corp has less favorable growth aspects than its competitors.

Risk & Volatility

Covisint Corp has a beta of 1.26, meaning that its stock price is 26% more volatile than the S&P 500. Comparatively, Covisint Corp’s competitors have a beta of 1.27, meaning that their average stock price is 27% more volatile than the S&P 500.

Institutional and Insider Ownership

65.5% of Covisint Corp shares are held by institutional investors. Comparatively, 61.8% of shares of all “IT Services & Consulting” companies are held by institutional investors. 3.9% of Covisint Corp shares are held by insiders. Comparatively, 16.5% of shares of all “IT Services & Consulting” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Valuation & Earnings

This table compares Covisint Corp and its competitors revenue, earnings per share (EPS) and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
Covisint Corp N/A N/A -7.90
Covisint Corp Competitors $2.14 billion $366.36 million 15.96

Covisint Corp’s competitors have higher revenue and earnings than Covisint Corp. Covisint Corp is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

About Covisint Corp

Covisint Corporation provides an open, enterprise class cloud platform (Platform) enabling organizations to build solutions that identify, authenticate and connect users, devices, applications and information. The Company’s Auto Supply Portal is involved in the development and integration of three cloud-based technologies, such as identity management, data integration and exchange services, and portal services. The Company’s Platform is delivered through the cloud as a Platform as a Service (PaaS). The Company’s Platform supports production-critical applications, and offers security, scalability and reliability. The Platform’s various capabilities include Identity services, Messaging and orchestration services and Internet of Things (IoT) Services. Its customers include large, across the globe distributed organizations and mid-sized organizations with external business relationships, as well as the participants in their business relationships.

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