Innovex International (NYSE:INVX – Get Free Report) is one of 25 public companies in the “Oil & gas field machinery” industry, but how does it weigh in compared to its peers? We will compare Innovex International to related businesses based on the strength of its risk, institutional ownership, valuation, analyst recommendations, earnings, profitability and dividends.
Risk and Volatility
Innovex International has a beta of 0.88, suggesting that its share price is 12% less volatile than the S&P 500. Comparatively, Innovex International’s peers have a beta of 1.42, suggesting that their average share price is 42% more volatile than the S&P 500.
Earnings and Valuation
This table compares Innovex International and its peers top-line revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Innovex International | $550.34 million | $600,000.00 | 9.37 |
Innovex International Competitors | $4.36 billion | -$154.22 million | 11.35 |
Institutional and Insider Ownership
73.2% of shares of all “Oil & gas field machinery” companies are owned by institutional investors. 3.1% of Innovex International shares are owned by insiders. Comparatively, 11.9% of shares of all “Oil & gas field machinery” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Profitability
This table compares Innovex International and its peers’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Innovex International | 12.31% | -0.73% | -0.61% |
Innovex International Competitors | 2.62% | 7.27% | 4.56% |
Analyst Ratings
This is a breakdown of current ratings and target prices for Innovex International and its peers, as provided by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Innovex International | 1 | 0 | 0 | 0 | 1.00 |
Innovex International Competitors | 190 | 1393 | 1679 | 47 | 2.48 |
Innovex International currently has a consensus target price of $15.00, suggesting a potential upside of 13.55%. As a group, “Oil & gas field machinery” companies have a potential upside of 31.29%. Given Innovex International’s peers stronger consensus rating and higher possible upside, analysts plainly believe Innovex International has less favorable growth aspects than its peers.
Summary
Innovex International peers beat Innovex International on 11 of the 13 factors compared.
Innovex International Company Profile
Innovex Downhole Solutions Inc. designs, manufactures and installs mission-critical drilling & deployment, well construction, completion, production and fishing & intervention solutions to support upstream onshore and offshore activities. Innovex Downhole Solutions Inc., formerly known as Dril-Quip, is based in HOUSTON.
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