Head-To-Head Contrast: NextNav (NN) and Its Peers

NextNav (NASDAQ:NN) is one of 953 public companies in the “Software” industry, but how does it weigh in compared to its peers? We will compare NextNav to related businesses based on the strength of its profitability, analyst recommendations, institutional ownership, earnings, dividends, valuation and risk.

Earnings & Valuation

This table compares NextNav and its peers gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
NextNav	$4.57 million	-$189.25 million	-9.03
NextNav Competitors	$1.81 billion	$385.92 million	109.82

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

Analyst Ratings

This is a summary of recent recommendations for NextNav and its peers, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
NextNav	1	1	4	1	2.71
NextNav Competitors	5732	21470	44775	1493	2.57

NextNav presently has a consensus target price of $32.33, indicating a potential upside of 269.10%. As a group, “Software” companies have a potential upside of 25.84%. Given NextNav’s stronger consensus rating and higher possible upside, analysts plainly believe NextNav is more favorable than its peers.

Insider & Institutional Ownership

79.2% of NextNav shares are owned by institutional investors. Comparatively, 41.8% of shares of all “Software” companies are owned by institutional investors. 7.8% of NextNav shares are owned by insiders. Comparatively, 19.9% of shares of all “Software” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Profitability

This table compares NextNav and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
NextNav	-3,232.19%	-211.25%	-25.35%
NextNav Competitors	-612.69%	20.88%	-8.98%

Volatility and Risk

NextNav has a beta of 1.2, suggesting that its stock price is 20% more volatile than the S&P 500. Comparatively, NextNav’s peers have a beta of 1.34, suggesting that their average stock price is 34% more volatile than the S&P 500.

Summary

NextNav peers beat NextNav on 9 of the 13 factors compared.

About NextNav

NextNav Inc. provides next generation positioning, navigation, and timing (PNT) solutions in the United States. It offers Pinnacle, a dedicated vertical positioning network to cover entire metropolitan areas including devices equipped with a barometric pressure sensor with the highest quality wide-area altitude service. The company also provides TerraPoiNT, an 3D PNT system, provides positioning, navigation and timing services provided by GPS through a land-based GPS satellite constellation. It serves Wi-Fi, telecom, public safety, gaming and location apps, and critical infrastructure applications. NextNav Inc. was founded in 2007 and is headquartered in McLean, Virginia.