Analyzing Anterix (ATEX) and The Competition

Anterix (NASDAQ:ATEX) is one of 33 publicly-traded companies in the “Wireless Telecommunication Services” industry, but how does it weigh in compared to its rivals? We will compare Anterix to related businesses based on the strength of its earnings, profitability, valuation, analyst recommendations, dividends, institutional ownership and risk.

Analyst Recommendations

This is a summary of current ratings and target prices for Anterix and its rivals, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Anterix	0	3	1	1	2.60
Anterix Competitors	320	913	1457	140	2.50

Anterix currently has a consensus target price of $120.00, suggesting a potential upside of 53.96%. As a group, “Wireless Telecommunication Services” companies have a potential upside of 31.04%. Given Anterix’s stronger consensus rating and higher possible upside, equities analysts plainly believe Anterix is more favorable than its rivals.

Institutional and Insider Ownership

87.7% of Anterix shares are owned by institutional investors. Comparatively, 48.6% of shares of all “Wireless Telecommunication Services” companies are owned by institutional investors. 40.0% of Anterix shares are owned by insiders. Comparatively, 23.2% of shares of all “Wireless Telecommunication Services” 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.

Earnings & Valuation

This table compares Anterix and its rivals gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Anterix	$6.50 million	$90.64 million	22.27
Anterix Competitors	$17.91 billion	$2.68 billion	19.43

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

Volatility & Risk

Anterix has a beta of 0.87, suggesting that its stock price is 13% less volatile than the S&P 500. Comparatively, Anterix’s rivals have a beta of 1.99, suggesting that their average stock price is 99% more volatile than the S&P 500.

Profitability

This table compares Anterix and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Anterix	933.03%	-10.65%	-6.06%
Anterix Competitors	59.09%	11.62%	4.34%

Summary

Anterix beats its rivals on 7 of the 13 factors compared.

Anterix Company Profile

Anterix Inc. operates as a wireless communications company. The company focuses on commercializing its spectrum assets to enable the targeted utility and critical infrastructure customers to deploy private broadband networks and innovative broadband solutions. It holds licensed spectrum in the 900 MHz band with coverage throughout the United States, Alaska, Hawaii, and Puerto Rico. The company was formerly known as pdvWireless, Inc. and changed its name to Anterix Inc. in August 2019. Anterix Inc. was incorporated in 1997 and is headquartered in Woodland Park, New Jersey.