Contrasting NextNav (NN) & Its Competitors

NextNav (NASDAQ:NN) is one of 955 publicly-traded companies in the “Software” industry, but how does it contrast to its rivals? We will compare NextNav to similar businesses based on the strength of its analyst recommendations, risk, earnings, institutional ownership, dividends, valuation and profitability.

Profitability

This table compares NextNav and its rivals’ 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	-619.02%	18.31%	-8.93%

Valuation and Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
NextNav	$4.57 million	-$189.25 million	-12.45
NextNav Competitors	$1.80 billion	$385.05 million	112.30

NextNav’s rivals have higher revenue and earnings than NextNav. NextNav 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 and price targets for NextNav and its rivals, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
NextNav	1	1	4	1	2.71
NextNav Competitors	5710	21462	44701	1489	2.57

NextNav currently has a consensus target price of $32.33, suggesting a potential upside of 167.66%. As a group, “Software” companies have a potential upside of 26.48%. Given NextNav’s stronger consensus rating and higher probable upside, research analysts clearly believe NextNav is more favorable than its rivals.

Risk & Volatility

NextNav has a beta of 1.16, suggesting that its share price is 16% more volatile than the S&P 500. Comparatively, NextNav’s rivals have a beta of 1.26, suggesting that their average share price is 26% more volatile than the S&P 500.

Institutional & Insider Ownership

79.2% of NextNav shares are held by institutional investors. Comparatively, 41.9% of shares of all “Software” companies are held by institutional investors. 7.8% of NextNav shares are held by company insiders. Comparatively, 19.8% of shares of all “Software” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Summary

NextNav rivals beat NextNav on 8 of the 12 factors compared.

NextNav Company Profile

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.