Health In Tech (HIT) and Its Rivals Critical Survey

Health In Tech (NASDAQ:HIT) is one of 96 publicly-traded companies in the “Healthcare Technology” industry, but how does it compare to its peers? We will compare Health In Tech to similar companies based on the strength of its analyst recommendations, institutional ownership, profitability, risk, valuation, dividends and earnings.

Volatility & Risk

Health In Tech has a beta of 2.88, indicating that its share price is 188% more volatile than the S&P 500. Comparatively, Health In Tech’s peers have a beta of 1.12, indicating that their average share price is 12% more volatile than the S&P 500.

Institutional and Insider Ownership

41.9% of shares of all “Healthcare Technology” companies are held by institutional investors. 77.7% of Health In Tech shares are held by insiders. Comparatively, 15.8% of shares of all “Healthcare Technology” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Analyst Ratings

This is a breakdown of recent recommendations and price targets for Health In Tech and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Health In Tech	1	0	0	1	2.50
Health In Tech Competitors	414	1453	2669	87	2.53

Health In Tech presently has a consensus target price of $4.00, indicating a potential upside of 250.88%. As a group, “Healthcare Technology” companies have a potential upside of 68.24%. Given Health In Tech’s higher probable upside, equities research analysts clearly believe Health In Tech is more favorable than its peers.

Profitability

This table compares Health In Tech and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Health In Tech	N/A	N/A	N/A
Health In Tech Competitors	-771.10%	-40.23%	-17.79%

Valuation & Earnings

This table compares Health In Tech and its peers revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Health In Tech	$34.08 million	N/A	-57.00
Health In Tech Competitors	$331.14 million	-$23.71 million	9.41

Health In Tech’s peers have higher revenue, but lower earnings than Health In Tech. Health In Tech is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Summary

Health In Tech beats its peers on 7 of the 12 factors compared.

About Health In Tech

Health in Tech, Inc. engages in the provision of insurance technology platforms which offer a marketplace of processes in the healthcare industry. Its services include Stone Mountain Risk, eDIYBS, HI Card, HI Performance Network, and Ancillary Products. The company was founded by Tim Johnson in 2014 and is headquartered in Stuart, FL.