Health In Tech (HIT) vs. Its Competitors Financial Comparison

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

Risk & Volatility

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

Profitability

This table compares Health In Tech and its peers’ 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%	-41.10%	-18.31%

Earnings & Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Health In Tech	$34.08 million	N/A	-56.00
Health In Tech Competitors	$329.01 million	-$23.71 million	11.57

Health In Tech’s peers have higher revenue, but lower earnings than Health In Tech. Health In Tech 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 breakdown of recent recommendations for Health In Tech and its peers, as reported 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	420	1460	2676	87	2.52

Health In Tech presently has a consensus price target of $4.00, suggesting a potential upside of 257.14%. As a group, “Healthcare Technology” companies have a potential upside of 56.36%. Given Health In Tech’s higher possible upside, equities analysts plainly believe Health In Tech is more favorable than its peers.

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 endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Summary

Health In Tech beats its peers on 7 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.