Head to Head Comparison: AST SpaceMobile (NASDAQ:ASTS) versus KORE Group (NYSE:KORE)

AST SpaceMobile (NASDAQ:ASTSGet Free Report) and KORE Group (NYSE:KOREGet Free Report) are both computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their risk, institutional ownership, analyst recommendations, earnings, profitability, dividends and valuation.

Insider and Institutional Ownership

61.0% of AST SpaceMobile shares are held by institutional investors. Comparatively, 57.5% of KORE Group shares are held by institutional investors. 56.6% of AST SpaceMobile shares are held by insiders. Comparatively, 30.6% of KORE Group shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Volatility & Risk

AST SpaceMobile has a beta of 1.57, suggesting that its share price is 57% more volatile than the S&P 500. Comparatively, KORE Group has a beta of 2.59, suggesting that its share price is 159% more volatile than the S&P 500.

Profitability

This table compares AST SpaceMobile and KORE Group’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
AST SpaceMobile N/A -32.42% -21.75%
KORE Group -57.97% -123.65% -14.99%

Earnings & Valuation

This table compares AST SpaceMobile and KORE Group’s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
AST SpaceMobile $13.82 million 216.35 -$87.56 million ($0.98) -11.85
KORE Group $276.61 million 0.13 -$167.04 million ($1.88) -0.23

AST SpaceMobile has higher earnings, but lower revenue than KORE Group. AST SpaceMobile is trading at a lower price-to-earnings ratio than KORE Group, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a breakdown of current ratings and recommmendations for AST SpaceMobile and KORE Group, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
AST SpaceMobile 0 0 3 0 3.00
KORE Group 0 2 3 0 2.60

AST SpaceMobile currently has a consensus price target of $14.97, suggesting a potential upside of 28.91%. KORE Group has a consensus price target of $2.94, suggesting a potential upside of 593.56%. Given KORE Group’s higher probable upside, analysts clearly believe KORE Group is more favorable than AST SpaceMobile.

Summary

AST SpaceMobile beats KORE Group on 8 of the 12 factors compared between the two stocks.

About AST SpaceMobile

(Get Free Report)

AST SpaceMobile, Inc., together with its subsidiaries, develops and provides access to a space-based cellular broadband network for smartphones in the United States. Its SpaceMobile service provides cellular broadband services to end-users who are out of terrestrial cellular coverage. The company was founded in 2017 and is headquartered in Midland, Texas.

About KORE Group

(Get Free Report)

KORE Group Holdings, Inc. provides Internet of Things (IoT) services and solutions worldwide. It offers connectivity and location-based services, device solutions, and managed and professional services that are used in the development and support of IoT technology for the business market. The company's products include IoT connectivity-as-a-service; connectivity enablement-as-a-service; device management services; and security location based services. It serves customers in healthcare, fleet and vehicle management, asset management, communication services, and industrial/manufacturing sectors. KORE Group Holdings, Inc. was founded in 2002 and is headquartered in Atlanta, Georgia.

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