Head to Head Comparison: Inseego (INSG) versus Its Peers

Inseego (NASDAQ:INSG) is one of 110 public companies in the “Communications Equipment” industry, but how does it contrast to its rivals? We will compare Inseego to similar companies based on the strength of its risk, valuation, dividends, earnings, profitability, institutional ownership and analyst recommendations.

Insider and Institutional Ownership

34.2% of Inseego shares are owned by institutional investors. Comparatively, 44.4% of shares of all “Communications Equipment” companies are owned by institutional investors. 21.7% of Inseego shares are owned by company insiders. Comparatively, 18.4% of shares of all “Communications Equipment” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Valuation and Earnings

This table compares Inseego and its rivals top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Inseego	$166.19 million	$840,000.00	-10.90
Inseego Competitors	$2.74 billion	$292.54 million	4.69

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

	Net Margins	Return on Equity	Return on Assets
Inseego	-12.88%	N/A	-17.24%
Inseego Competitors	5.57%	-5.33%	3.13%

Risk & Volatility

Inseego has a beta of 1.65, meaning that its stock price is 65% more volatile than the S&P 500. Comparatively, Inseego’s rivals have a beta of 1.17, meaning that their average stock price is 17% more volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of current ratings and recommmendations for Inseego and its rivals, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Inseego	1	2	3	0	2.33
Inseego Competitors	1076	4035	7103	383	2.54

Inseego currently has a consensus price target of $13.00, indicating a potential upside of 205.88%. As a group, “Communications Equipment” companies have a potential upside of 45.62%. Given Inseego’s higher probable upside, analysts plainly believe Inseego is more favorable than its rivals.

Summary

Inseego rivals beat Inseego on 8 of the 12 factors compared.

About Inseego

Inseego Corp. develops wireless broadband and mobile networking solutions for service providers, enterprises, small businesses, government organizations and consumers. The company focuses on connecting devices, locations and users through cellular networks, with an emphasis on 5G and other high-speed wireless technologies. Its product portfolio includes mobile hotspots, fixed wireless access equipment, indoor and outdoor customer-premises equipment, routers and gateways. Inseego also provides cloud-based device management and networking software designed to help customers provision, monitor and manage connected equipment.