Reviewing Health In Tech (HIT) & Its Competitors

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

Analyst Ratings

This is a breakdown of current ratings 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	414	1453	2669	87	2.53

Health In Tech currently has a consensus target price of $4.00, indicating a potential upside of 250.88%. As a group, “Healthcare Technology” companies have a potential upside of 63.29%. Given Health In Tech’s higher probable upside, equities research analysts plainly believe Health In Tech is more favorable than its rivals.

Institutional & Insider Ownership

41.9% 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 will outperform the market over the long term.

Volatility and Risk

Health In Tech has a beta of 2.88, suggesting that its stock price is 188% more volatile than the S&P 500. Comparatively, Health In Tech’s rivals have a beta of 1.12, suggesting that their average stock price is 12% more volatile than the S&P 500.

Earnings and Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Health In Tech	$34.08 million	N/A	-57.00
Health In Tech Competitors	$328.26 million	-$23.71 million	9.67

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.

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	-771.09%	-40.22%	-17.79%

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.