Innovex International (NYSE:INVX – Get Free Report) is one of 25 public companies in the “Oil & gas field machinery” industry, but how does it contrast to its rivals? We will compare Innovex International to similar businesses based on the strength of its institutional ownership, dividends, earnings, risk, valuation, analyst recommendations and profitability.
Valuation and Earnings
This table compares Innovex International and its rivals gross revenue, earnings per share (EPS) and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Innovex International | $550.34 million | $600,000.00 | 8.89 |
Innovex International Competitors | $4.39 billion | -$154.22 million | 12.32 |
Innovex International’s rivals have higher revenue, but lower earnings than Innovex International. Innovex International 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
Net Margins | Return on Equity | Return on Assets | |
Innovex International | 12.31% | -0.73% | -0.61% |
Innovex International Competitors | 2.62% | 7.27% | 4.56% |
Risk & Volatility
Innovex International has a beta of 0.88, suggesting that its stock price is 12% less volatile than the S&P 500. Comparatively, Innovex International’s rivals have a beta of 1.42, suggesting that their average stock price is 42% more volatile than the S&P 500.
Analyst Ratings
This is a breakdown of current ratings and recommmendations for Innovex International and its rivals, as reported by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Innovex International | 1 | 0 | 0 | 0 | 1.00 |
Innovex International Competitors | 191 | 1395 | 1687 | 47 | 2.48 |
Innovex International currently has a consensus price target of $15.00, suggesting a potential upside of 19.62%. As a group, “Oil & gas field machinery” companies have a potential upside of 32.05%. Given Innovex International’s rivals stronger consensus rating and higher probable upside, analysts clearly believe Innovex International has less favorable growth aspects than its rivals.
Insider & Institutional Ownership
73.2% of shares of all “Oil & gas field machinery” companies are owned by institutional investors. 3.1% of Innovex International shares are owned by company insiders. Comparatively, 11.9% of shares of all “Oil & gas field machinery” 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.
Summary
Innovex International rivals beat Innovex International on 11 of the 13 factors compared.
About Innovex International
Innovex Downhole Solutions Inc. designs, manufactures and installs mission-critical drilling & deployment, well construction, completion, production and fishing & intervention solutions to support upstream onshore and offshore activities. Innovex Downhole Solutions Inc., formerly known as Dril-Quip, is based in HOUSTON.
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