SmartRent (SMRT) and Its Rivals Financial Contrast

SmartRent (NYSE:SMRT) is one of 953 publicly-traded companies in the “Software” industry, but how does it compare to its competitors? We will compare SmartRent to related companies based on the strength of its risk, dividends, analyst recommendations, earnings, institutional ownership, profitability and valuation.

Volatility & Risk

SmartRent has a beta of 1.64, meaning that its stock price is 64% more volatile than the S&P 500. Comparatively, SmartRent’s competitors have a beta of 1.21, meaning that their average stock price is 21% more volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent ratings and target prices for SmartRent and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
SmartRent	1	2	1	0	2.00
SmartRent Competitors	5747	21524	44878	1497	2.57

SmartRent presently has a consensus price target of $1.48, suggesting a potential downside of 6.41%. As a group, “Software” companies have a potential upside of 28.86%. Given SmartRent’s competitors stronger consensus rating and higher possible upside, analysts clearly believe SmartRent has less favorable growth aspects than its competitors.

Valuation and Earnings

This table compares SmartRent and its competitors gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
SmartRent	$152.33 million	-$60.56 million	-17.51
SmartRent Competitors	$1.79 billion	$385.91 million	106.78

SmartRent’s competitors have higher revenue and earnings than SmartRent. SmartRent is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares SmartRent and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
SmartRent	-12.97%	-8.50%	-6.27%
SmartRent Competitors	-612.64%	20.88%	-8.99%

Institutional and Insider Ownership

59.4% of SmartRent shares are held by institutional investors. Comparatively, 41.8% of shares of all “Software” companies are held by institutional investors. 2.3% of SmartRent shares are held by insiders. Comparatively, 19.9% of shares of all “Software” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Summary

SmartRent competitors beat SmartRent on 9 of the 13 factors compared.

About SmartRent

SmartRent, Inc., an enterprise software company, provides an integrated smart home operating system to residential property owners and operators, homebuilders, institutional home buyers, developers, and residents in the United States. The company’s products and solutions include smart apartments and homes, access control for buildings, common areas, and rental units, asset protection and monitoring, parking management, self-guided tours, and community and resident Wi-Fi. It also offers professional services to customers, which include training, installation, and support services. The company was founded in 2017 and is headquartered in Scottsdale, Arizona.