Financial Comparison: Health In Tech (HIT) and Its Rivals

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

Insider and Institutional Ownership

41.7% of shares of all “Healthcare Technology” companies are owned by institutional investors. 77.7% of Health In Tech shares are owned by company insiders. Comparatively, 15.8% of shares of all “Healthcare Technology” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Earnings and Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Health In Tech	$32.83 million	N/A	-14.21
Health In Tech Competitors	$328.77 million	-$23.71 million	13.25

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 Ratings

This is a breakdown of current recommendations for Health In Tech and its rivals, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Health In Tech	1	0	1	1	2.67
Health In Tech Competitors	426	1477	2703	87	2.52

Health In Tech currently has a consensus price target of $3.50, indicating a potential upside of 251.76%. As a group, “Healthcare Technology” companies have a potential upside of 57.98%. Given Health In Tech’s stronger consensus rating and higher possible upside, equities analysts clearly believe Health In Tech is more favorable than its rivals.

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.

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	-768.40%	-39.53%	-18.04%

Summary

Health In Tech beats its rivals on 8 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.