Innovex International (NYSE:INVX – Get Free Report) is one of 25 public companies in the “Oil & gas field machinery” industry, but how does it compare to its rivals? We will compare Innovex International to related companies based on the strength of its earnings, dividends, analyst recommendations, profitability, risk, valuation and institutional ownership.
Insider & Institutional 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 company insiders. Comparatively, 11.9% of shares of all “Oil & gas field machinery” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Valuation & Earnings
This table compares Innovex International and its rivals gross revenue, earnings per share (EPS) and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Innovex International | $550.34 million | $600,000.00 | 9.62 |
Innovex International Competitors | $4.39 billion | -$154.22 million | 12.36 |
Volatility & Risk
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 rivals have a beta of 1.42, suggesting that their average share price is 42% more volatile than the S&P 500.
Analyst Recommendations
This is a summary of current ratings and recommmendations for Innovex International and its rivals, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Innovex International | 1 | 0 | 0 | 0 | 1.00 |
Innovex International Competitors | 192 | 1396 | 1689 | 47 | 2.48 |
Innovex International presently has a consensus price target of $15.00, suggesting a potential upside of 10.62%. As a group, “Oil & gas field machinery” companies have a potential upside of 29.73%. Given Innovex International’s rivals stronger consensus rating and higher possible upside, analysts plainly believe Innovex International has less favorable growth aspects than its rivals.
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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