Contrasting Silver Spring Networks (SSNI) and Its Rivals
Silver Spring Networks (NYSE: SSNI) is one of 183 publicly-traded companies in the “IT Services & Consulting” industry, but how does it contrast to its rivals? We will compare Silver Spring Networks to related businesses based on the strength of its risk, dividends, earnings, valuation, institutional ownership, analyst recommendations and profitability.
Risk and Volatility
Silver Spring Networks has a beta of 1.62, meaning that its stock price is 62% more volatile than the S&P 500. Comparatively, Silver Spring Networks’ rivals have a beta of 1.11, meaning that their average stock price is 11% more volatile than the S&P 500.
This is a breakdown of current ratings and recommmendations for Silver Spring Networks and its rivals, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Silver Spring Networks||0||10||2||0||2.17|
|Silver Spring Networks Competitors||714||4616||7340||163||2.54|
Silver Spring Networks currently has a consensus target price of $14.95, indicating a potential downside of 6.94%. As a group, “IT Services & Consulting” companies have a potential upside of 2.62%. Given Silver Spring Networks’ rivals stronger consensus rating and higher probable upside, analysts clearly believe Silver Spring Networks has less favorable growth aspects than its rivals.
Insider and Institutional Ownership
76.1% of Silver Spring Networks shares are held by institutional investors. Comparatively, 63.3% of shares of all “IT Services & Consulting” companies are held by institutional investors. 25.2% of Silver Spring Networks shares are held by company insiders. Comparatively, 16.4% of shares of all “IT Services & Consulting” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Valuation & Earnings
This table compares Silver Spring Networks and its rivals gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Silver Spring Networks||$311.01 million||-$21.62 million||-19.13|
|Silver Spring Networks Competitors||$2.81 billion||$293.37 million||312.22|
Silver Spring Networks’ rivals have higher revenue and earnings than Silver Spring Networks. Silver Spring Networks is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
This table compares Silver Spring Networks and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Silver Spring Networks||-10.28%||N/A||-6.07%|
|Silver Spring Networks Competitors||-20.66%||-276.08%||-4.77%|
Silver Spring Networks rivals beat Silver Spring Networks on 7 of the 12 factors compared.
Silver Spring Networks Company Profile
Silver Spring Networks, Inc. is engaged in creating, building and deploying large-scale networks and solutions enabling the Internet of things (IoT) for critical infrastructure. The Company provides a networking platform and solutions that enable utilities to transform the power grid infrastructure into the smart grid. Its networking platform enables customers to communicate with devices connected to the power grid. Its networking platform comprises hardware, such as access points and relays; its communications modules; its SilverLinkOS network operating software, and its GridScape management and security software. It offers solutions built upon SilverLink Network and Data platforms, including advanced metering, distribution automation, demand-side management, street lights and its wireless Internet protocol version 6 (IPv6) network service for the IoT, Starfish. Through its managed application services, it manages the SilverLink Control Platform and SilverLink Applications.
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