Covisint (NASDAQ: COVS) is one of 186 publicly-traded companies in the “IT Services & Consulting” industry, but how does it contrast to its rivals? We will compare Covisint to related businesses based on the strength of its valuation, profitability, risk, institutional ownership, earnings, analyst recommendations and dividends.

Institutional & Insider Ownership

65.5% of Covisint shares are held by institutional investors. Comparatively, 63.0% of shares of all “IT Services & Consulting” companies are held by institutional investors. 3.9% of Covisint shares are held by company insiders. Comparatively, 16.5% 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 Covisint and its rivals top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Covisint N/A N/A -7.90
Covisint Competitors $2.79 billion $290.02 million 318.93

Covisint’s rivals have higher revenue and earnings than Covisint. Covisint 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.

Profitability

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

Net Margins Return on Equity Return on Assets
Covisint 8.37% 10.72% 7.55%
Covisint Competitors -19.67% -250.12% -3.51%

Analyst Ratings

This is a summary of current recommendations and price targets for Covisint and its rivals, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Covisint 0 0 0 0 N/A
Covisint Competitors 747 4685 7435 173 2.54

As a group, “IT Services & Consulting” companies have a potential downside of 5.52%. Given Covisint’s rivals higher probable upside, analysts clearly believe Covisint has less favorable growth aspects than its rivals.

Risk and Volatility

Covisint has a beta of 1.26, indicating that its share price is 26% more volatile than the S&P 500. Comparatively, Covisint’s rivals have a beta of 1.15, indicating that their average share price is 15% more volatile than the S&P 500.

Summary

Covisint beats its rivals on 5 of the 8 factors compared.

Covisint Company Profile

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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