Innovex International (NYSE:INVX – Get Free Report) is one of 25 publicly-traded companies in the “Oil & gas field machinery” industry, but how does it compare to its rivals? We will compare Innovex International to similar companies based on the strength of its analyst recommendations, profitability, risk, earnings, valuation, dividends and institutional ownership.
Volatility and Risk
Innovex International has a beta of 0.88, indicating that its stock price is 12% less volatile than the S&P 500. Comparatively, Innovex International’s rivals have a beta of 1.42, indicating that their average stock price is 42% more volatile than the S&P 500.
Analyst Ratings
This is a breakdown of current ratings and recommmendations for Innovex International and its rivals, 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 | 192 | 1395 | 1689 | 47 | 2.48 |
Valuation and Earnings
This table compares Innovex International and its rivals revenue, earnings per share (EPS) and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Innovex International | $550.34 million | $600,000.00 | 9.50 |
Innovex International Competitors | $4.39 billion | -$154.22 million | 12.61 |
Innovex International’s rivals have higher revenue, but lower earnings than Innovex International. Innovex International 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.
Insider and Institutional Ownership
73.2% of shares of all “Oil & gas field machinery” companies are owned by institutional investors. 1.7% 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, large money managers and endowments believe a stock is poised for long-term growth.
Profitability
This table compares Innovex International and its rivals’ 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% |
Summary
Innovex International rivals 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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