Financial Survey: NextNav (NASDAQ:NN) and Synchronoss Technologies (NASDAQ:SNCR)

Synchronoss Technologies (NASDAQ:SNCR) and NextNav (NASDAQ:NN) are both technology companies, but which is the better stock? We will compare the two businesses based on the strength of their institutional ownership, earnings, risk, profitability, dividends, analyst recommendations and valuation.

Profitability

This table compares Synchronoss Technologies and NextNav’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Synchronoss Technologies	-5.69%	24.44%	3.59%
NextNav	-3,232.19%	-211.25%	-25.35%

Analyst Recommendations

This is a summary of current ratings and recommmendations for Synchronoss Technologies and NextNav, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Synchronoss Technologies	1	2	0	0	1.67
NextNav	1	1	3	0	2.40

NextNav has a consensus target price of $32.33, suggesting a potential upside of 112.61%. Given NextNav’s stronger consensus rating and higher possible upside, analysts clearly believe NextNav is more favorable than Synchronoss Technologies.

Valuation & Earnings

This table compares Synchronoss Technologies and NextNav”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Synchronoss Technologies	$170.91 million	0.61	$6.17 million	($1.02)	-8.82
NextNav	$4.57 million	561.76	-$189.25 million	($0.97)	-15.68

Synchronoss Technologies has higher revenue and earnings than NextNav. NextNav is trading at a lower price-to-earnings ratio than Synchronoss Technologies, indicating that it is currently the more affordable of the two stocks.

Institutional and Insider Ownership

51.7% of Synchronoss Technologies shares are owned by institutional investors. Comparatively, 79.2% of NextNav shares are owned by institutional investors. 19.9% of Synchronoss Technologies shares are owned by insiders. Comparatively, 7.8% of NextNav shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Volatility & Risk

Synchronoss Technologies has a beta of 1.41, suggesting that its stock price is 41% more volatile than the S&P 500. Comparatively, NextNav has a beta of 1.12, suggesting that its stock price is 12% more volatile than the S&P 500.

Summary

Synchronoss Technologies beats NextNav on 8 of the 14 factors compared between the two stocks.

About Synchronoss Technologies

Synchronoss Technologies, Inc. provides cloud, messaging, digital, and network management solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers Synchronoss Personal Cloud platform that allows customers' subscribers to backup and protect, engage with, and manage their personal content. It also provides Synchronoss' Messaging platform comprising advanced messaging platform and email suites; and OnboardX products, including mobile content transfer solution that offers wireless transfer of content from one mobile smart device to another in a carrier retail location or at home/work, etc., as well as out of box experience solution, a device setup solution that assists customers in setting up the features of new device, such as Wi-Fi, email, social network accounts and voicemail, prompting restoration of content, and enrollment in a cloud service. In addition, the company provides NetworkX products comprising spatialNX, an enterprise-wide access to network information, including physical location, specifications, attributes, connectivity, and capacity for every plant asset; ConnectNX, a system that eliminates manual handling of service orders and manages the full order lifecycle between customer and supplier through automation and rules-based validation; and ExpenseNX, a financial analytics platform. Further, it offers professional services, such as consulting, installation and deployment, configuration, systems integration, and support services; and software development and customization services. The company markets and sells its services through direct sales force and strategic partners. Synchronoss Technologies, Inc. was incorporated in 2000 and is headquartered in Bridgewater, New Jersey.

About NextNav

NextNav Inc. provides next generation positioning, navigation, and timing (PNT) solutions in the United States. It offers Pinnacle, a dedicated vertical positioning network to cover entire metropolitan areas including devices equipped with a barometric pressure sensor with the highest quality wide-area altitude service. The company also provides TerraPoiNT, an 3D PNT system, provides positioning, navigation and timing services provided by GPS through a land-based GPS satellite constellation. It serves Wi-Fi, telecom, public safety, gaming and location apps, and critical infrastructure applications. NextNav Inc. was founded in 2007 and is headquartered in McLean, Virginia.