Financial Comparison: Freight Technologies (FRGT) vs. Its Competitors

Freight Technologies (NASDAQ:FRGT) is one of 45 publicly-traded companies in the “TRANS – SERVICES” industry, but how does it contrast to its rivals? We will compare Freight Technologies to similar businesses based on the strength of its analyst recommendations, dividends, risk, profitability, valuation, institutional ownership and earnings.

Institutional & Insider Ownership

6.2% of Freight Technologies shares are held by institutional investors. Comparatively, 55.5% of shares of all “TRANS – SERVICES” companies are held by institutional investors. 9.0% of Freight Technologies shares are held by company insiders. Comparatively, 23.0% of shares of all “TRANS – SERVICES” 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 and Earnings

This table compares Freight Technologies and its rivals gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Freight Technologies	$12.69 million	-$5.60 million	-0.29
Freight Technologies Competitors	$8.95 billion	$183.78 million	18.00

Freight Technologies’ rivals have higher revenue and earnings than Freight Technologies. Freight Technologies 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 Freight Technologies and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Freight Technologies	N/A	N/A	N/A
Freight Technologies Competitors	7.31%	-228.78%	2.61%

Risk and Volatility

Freight Technologies has a beta of 1.24, suggesting that its stock price is 24% more volatile than the S&P 500. Comparatively, Freight Technologies’ rivals have a beta of 0.87, suggesting that their average stock price is 13% less volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of current ratings for Freight Technologies and its rivals, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Freight Technologies	1	0	0	0	1.00
Freight Technologies Competitors	454	1452	1590	94	2.37

As a group, “TRANS – SERVICES” companies have a potential upside of 4.92%. Given Freight Technologies’ rivals stronger consensus rating and higher probable upside, analysts plainly believe Freight Technologies has less favorable growth aspects than its rivals.

Summary

Freight Technologies rivals beat Freight Technologies on 11 of the 13 factors compared.

Freight Technologies Company Profile

Freight Technologies, Inc., through its subsidiary, operates a transportation logistics technology platform for cross-border shipping in the United States and Mexico. Its Fr8App technology platform offers an online portal and a mobile application that provide third-party logistics services to companies in the freight transportation market; a transport management solution for customers to manage their own fleet; and freight brokerage support and customer services based on the platform. The company was incorporated in 2015 and is headquartered in The Woodlands, Texas.