MITK vs. EVLV, SSYS, IMMR, PLPC, SMWB, CASS, ATEX, BLND, AOSL, and MGIC
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), Preformed Line Products (PLPC), Similarweb (SMWB), Cass Information Systems (CASS), Anterix (ATEX), Blend Labs (BLND), Alpha and Omega Semiconductor (AOSL), and Magic Software Enterprises (MGIC). These companies are all part of the "computer and technology" sector.
Evolv Technologies (NASDAQ:EVLV) and Mitek Systems (NASDAQ:MITK) are both small-cap computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their media sentiment, earnings, analyst recommendations, community ranking, dividends, risk, institutional ownership, profitability and valuation.
Mitek Systems has higher revenue and earnings than Evolv Technologies. Mitek Systems is trading at a lower price-to-earnings ratio than Evolv Technologies, indicating that it is currently the more affordable of the two stocks.
Evolv Technologies currently has a consensus price target of $7.25, suggesting a potential upside of 75.76%. Mitek Systems has a consensus price target of $19.00, suggesting a potential upside of 49.61%. Given Mitek Systems' higher possible upside, analysts plainly believe Evolv Technologies is more favorable than Mitek Systems.
Mitek Systems received 394 more outperform votes than Evolv Technologies when rated by MarketBeat users. However, 88.89% of users gave Evolv Technologies an outperform vote while only 66.56% of users gave Mitek Systems an outperform vote.
Evolv Technologies has a beta of 1.35, indicating that its share price is 35% more volatile than the S&P 500. Comparatively, Mitek Systems has a beta of 1.09, indicating that its share price is 9% more volatile than the S&P 500.
In the previous week, Evolv Technologies had 3 more articles in the media than Mitek Systems. MarketBeat recorded 10 mentions for Evolv Technologies and 7 mentions for Mitek Systems. Evolv Technologies' average media sentiment score of 0.47 beat Mitek Systems' score of -0.02 indicating that Mitek Systems is being referred to more favorably in the news media.
Mitek Systems has a net margin of -1.97% compared to Mitek Systems' net margin of -132.13%. Evolv Technologies' return on equity of 13.13% beat Mitek Systems' return on equity.
66.7% of Evolv Technologies shares are owned by institutional investors. Comparatively, 83.6% of Mitek Systems shares are owned by institutional investors. 12.1% of Evolv Technologies shares are owned by insiders. Comparatively, 4.4% of Mitek Systems shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Summary
Mitek Systems beats Evolv Technologies on 10 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.
This 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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