Contrasting Health In Tech (HIT) & Its Rivals

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

Institutional & Insider Ownership

41.7% 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, hedge funds and large money managers believe a stock is poised for long-term growth.

Valuation and Earnings

This table compares Health In Tech and its rivals gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Health In Tech	$34.08 million	N/A	-52.50
Health In Tech Competitors	$328.47 million	-$23.71 million	12.41

Health In Tech’s rivals have higher revenue, but lower earnings than Health In Tech. Health In Tech 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.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for Health In Tech and its rivals, 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	421	1462	2682	87	2.52

Health In Tech currently has a consensus target price of $4.00, suggesting a potential upside of 280.95%. As a group, “Healthcare Technology” companies have a potential upside of 55.05%. Given Health In Tech’s higher possible upside, analysts clearly believe Health In Tech is more favorable than its rivals.

Profitability

This table compares Health In Tech and its rivals’ 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	-785.78%	-41.06%	-18.26%

Volatility and Risk

Health In Tech has a beta of 2.82, suggesting that its share price is 182% more volatile than the S&P 500. Comparatively, Health In Tech’s rivals have a beta of 1.12, suggesting that their average share price is 12% more volatile than the S&P 500.

Summary

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

Health In Tech Company Profile

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.