Head-To-Head Comparison: Covisint (COVS) versus Its Competitors
Covisint (NASDAQ: COVS) is one of 187 public companies in the “IT Services & Consulting” industry, but how does it contrast to its rivals? We will compare Covisint to similar businesses based on the strength of its institutional ownership, dividends, earnings, risk, valuation, analyst recommendations and profitability.
Valuation & Earnings
This table compares Covisint and its rivals gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Covisint Competitors||$2.79 billion||$290.02 million||331.25|
Insider & Institutional Ownership
65.5% of Covisint shares are owned by institutional investors. Comparatively, 61.5% of shares of all “IT Services & Consulting” companies are owned by institutional investors. 3.9% of Covisint shares are owned by company insiders. Comparatively, 17.0% of shares of all “IT Services & Consulting” companies are owned by company 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.
This is a breakdown of current ratings and recommmendations for Covisint and its rivals, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
As a group, “IT Services & Consulting” companies have a potential downside of 7.83%. Given Covisint’s rivals higher probable upside, analysts clearly believe Covisint has less favorable growth aspects than its rivals.
Risk & Volatility
Covisint has a beta of 1.26, suggesting that its stock price is 26% more volatile than the S&P 500. Comparatively, Covisint’s rivals have a beta of 1.14, suggesting that their average stock price is 14% more volatile than the S&P 500.
This table compares Covisint and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Covisint beats its rivals on 5 of the 8 factors compared.
Covisint Company Profile
Covisint Corporation provides an open, enterprise class cloud platform (Platform) enabling organizations to build solutions that identify, authenticate and connect users, devices, applications and information. The Company’s Auto Supply Portal is involved in the development and integration of three cloud-based technologies, such as identity management, data integration and exchange services, and portal services. The Company’s Platform is delivered through the cloud as a Platform as a Service (PaaS). The Company’s Platform supports production-critical applications, and offers security, scalability and reliability. The Platform’s various capabilities include Identity services, Messaging and orchestration services and Internet of Things (IoT) Services. Its customers include large, across the globe distributed organizations and mid-sized organizations with external business relationships, as well as the participants in their business relationships.
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