EVLV vs. MITK, SSYS, IMMR, MGIC, CASS, BLND, LASR, PERI, ASTS, and BAND
Should you be buying Evolv Technologies stock or one of its competitors? The main competitors of Evolv Technologies include Mitek Systems (MITK), Stratasys (SSYS), Immersion (IMMR), Magic Software Enterprises (MGIC), Cass Information Systems (CASS), Blend Labs (BLND), nLIGHT (LASR), Perion Network (PERI), AST SpaceMobile (ASTS), and Bandwidth (BAND). These companies are all part of the "computer and technology" sector.
Mitek Systems (NASDAQ:MITK) and Evolv Technologies (NASDAQ:EVLV) are both small-cap computer and technology companies, but which is the superior stock? We will compare the two companies based on the strength of their media sentiment, risk, earnings, analyst recommendations, institutional ownership, valuation, dividends, profitability and community ranking.
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.
In the previous week, Evolv Technologies had 14 more articles in the media than Mitek Systems. MarketBeat recorded 24 mentions for Evolv Technologies and 10 mentions for Mitek Systems. Evolv Technologies' average media sentiment score of 0.24 beat Mitek Systems' score of 0.02 indicating that Mitek Systems is being referred to more favorably in the media.
83.6% of Mitek Systems shares are owned by institutional investors. Comparatively, 66.7% of Evolv Technologies shares are owned by institutional investors. 4.4% of Mitek Systems shares are owned by insiders. Comparatively, 11.2% of Evolv Technologies 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.
Mitek Systems currently has a consensus target price of $19.00, indicating a potential upside of 42.11%. Evolv Technologies has a consensus target price of $6.50, indicating a potential upside of 175.42%. Given Mitek Systems' higher probable upside, analysts clearly believe Evolv Technologies is more favorable than Mitek Systems.
Mitek Systems received 393 more outperform votes than Evolv Technologies when rated by MarketBeat users. However, 81.82% of users gave Evolv Technologies an outperform vote while only 66.45% of users gave Mitek Systems an outperform vote.
Mitek Systems has a beta of 1.12, meaning that its stock price is 12% more volatile than the S&P 500. Comparatively, Evolv Technologies has a beta of 1.37, meaning that its stock price is 37% more volatile than the S&P 500.
Mitek Systems has a net margin of -1.97% compared to Mitek Systems' net margin of -106.93%. Evolv Technologies' return on equity of 13.13% beat Mitek Systems' return on equity.
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 EVLV 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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