Analyzing Inseego (INSG) & The Competition
Inseego (NASDAQ: INSG) is one of 66 publicly-traded companies in the “Communications & Networking” industry, but how does it contrast to its peers? We will compare Inseego to similar businesses based on the strength of its institutional ownership, valuation, analyst recommendations, risk, earnings, dividends and profitability.
Insider & Institutional Ownership
12.1% of Inseego shares are held by institutional investors. Comparatively, 62.1% of shares of all “Communications & Networking” companies are held by institutional investors. 4.1% of Inseego shares are held by company insiders. Comparatively, 12.4% of shares of all “Communications & Networking” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
This table compares Inseego and its peers top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Inseego||$243.55 million||-$60.57 million||-1.53|
|Inseego Competitors||$3.30 billion||$346.31 million||-136.82|
Inseego’s peers have higher revenue and earnings than Inseego. Inseego is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Volatility & Risk
Inseego has a beta of 0.28, meaning that its stock price is 72% less volatile than the S&P 500. Comparatively, Inseego’s peers have a beta of 1.17, meaning that their average stock price is 17% more volatile than the S&P 500.
This is a breakdown of current recommendations for Inseego and its peers, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Inseego currently has a consensus target price of $1.88, suggesting a potential upside of 0.27%. As a group, “Communications & Networking” companies have a potential upside of 17.50%. Given Inseego’s peers stronger consensus rating and higher probable upside, analysts clearly believe Inseego has less favorable growth aspects than its peers.
This table compares Inseego and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Inseego peers beat Inseego on 11 of the 12 factors compared.
Inseego Company Profile
Novatel Wireless, Inc. is a provider of intelligent wireless solutions for the mobile communications market. The Company’s range of products includes intelligent mobile hotspots, universal serial bus (USB) modems, embedded modules, integrated asset-management and mobile tracking machine-to-machine (M2M) devices, communications and applications software and cloud services. It operates in the wireless communications industry in two product categories: M2M Products and Solutions, and Mobile Computing Solutions. M2M Products and Solutions includes its M2M embedded modules, integrated M2M communications devices, Ctrack fleet management platform and its service delivery platforms, Crossroads, DMS, the N4A DM and N4A CMS that provide device management and service enablement. Mobile Computing Solutions includes its MiFi brand of intelligent mobile hotspot devices, USB modems and embedded modules that enable Internet access and data transmission and services via cellular wireless networks.
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