Inseego (NASDAQ: INSG) is one of 63 public companies in the “Communications & Networking” industry, but how does it contrast to its peers? We will compare Inseego to related businesses based on the strength of its analyst recommendations, dividends, profitability, institutional ownership, risk, valuation and earnings.

Institutional & Insider 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, hedge funds and large money managers believe a company is poised for long-term growth.

Profitability

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 -30.71% N/A -24.17%
Inseego Competitors -1.78% -8.35% -0.26%

Analyst Ratings

This is a breakdown of current ratings and target prices for Inseego and its peers, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Inseego 0 1 1 0 2.50
Inseego Competitors 372 2460 4026 165 2.57

Inseego presently has a consensus target price of $1.88, indicating a potential upside of 1.35%. As a group, “Communications & Networking” companies have a potential upside of 12.60%. Given Inseego’s peers stronger consensus rating and higher probable upside, analysts plainly believe Inseego has less favorable growth aspects than its peers.

Volatility and Risk

Inseego has a beta of 0.23, indicating that its share price is 77% less volatile than the S&P 500. Comparatively, Inseego’s peers have a beta of 1.13, indicating that their average share price is 13% more volatile than the S&P 500.

Valuation and Earnings

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 -1.52
Inseego Competitors $3.30 billion $346.31 million -123.85

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.

Summary

Inseego peers beat Inseego on 11 of the 12 factors compared.

About Inseego

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.

Receive News & Ratings for Inseego Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inseego Corp. and related companies with Analyst Ratings Network's FREE daily email newsletter.