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 N/A N/A -7.90
Covisint Competitors $2.79 billion $290.02 million 331.25

Covisint’s rivals have higher revenue and earnings than Covisint. Covisint 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.

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.

Analyst Ratings

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
Covisint 0 0 0 0 N/A
Covisint Competitors 744 4624 7380 168 2.54

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.

Profitability

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 8.37% 10.72% 7.55%
Covisint Competitors -20.50% -270.98% -4.70%

Summary

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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