Reviewing pdvWireless (ATEX) and Its Peers

pdvWireless (NASDAQ: ATEX) is one of 76 public companies in the “Telephone communication, except radio” industry, but how does it weigh in compared to its peers? We will compare pdvWireless to related companies based on the strength of its institutional ownership, risk, earnings, valuation, profitability, dividends and analyst recommendations.

Institutional and Insider Ownership

89.4% of pdvWireless shares are held by institutional investors. Comparatively, 49.8% of shares of all “Telephone communication, except radio” companies are held by institutional investors. 6.7% of pdvWireless shares are held by company insiders. Comparatively, 6.7% of shares of all “Telephone communication, except radio” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Volatility and Risk

pdvWireless has a beta of 0.22, meaning that its stock price is 78% less volatile than the S&P 500. Comparatively, pdvWireless’ peers have a beta of 0.66, meaning that their average stock price is 34% less volatile than the S&P 500.

Profitability

This table compares pdvWireless and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
pdvWireless -646.34% -17.68% -16.45%
pdvWireless Competitors -26.37% 11.04% 2.12%

Earnings and Valuation

This table compares pdvWireless and its peers gross revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
pdvWireless $6.50 million -$41.99 million -13.88
pdvWireless Competitors $17.25 billion $1.61 billion 33.72

pdvWireless’ peers have higher revenue and earnings than pdvWireless. pdvWireless is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Analyst Ratings

This is a summary of current recommendations and price targets for pdvWireless and its peers, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
pdvWireless 0 0 1 0 3.00
pdvWireless Competitors 916 2483 2349 132 2.29

pdvWireless presently has a consensus target price of $61.00, indicating a potential upside of 52.61%. As a group, “Telephone communication, except radio” companies have a potential upside of 30.75%. Given pdvWireless’ stronger consensus rating and higher probable upside, equities analysts plainly believe pdvWireless is more favorable than its peers.

Summary

pdvWireless peers beat pdvWireless on 8 of the 13 factors compared.

About pdvWireless

pdvWireless, Inc., a wireless communication company, provides network and mobile communication solutions to infrastructure and enterprise customers primarily in the United States. It offers pdvConnect service, the company's proprietary cloud-based mobile resource management solution; TeamConnect service, which combines pdvConnect with push-to-talk mobile communication services involving digital network architecture and mobile devices; and Diga-talk, a mobile communication that provides nationwide two-way digital communication services. The company was formerly known as Pacific DataVision, Inc. and changed its name to pdvWireless, Inc. in November 2015. pdvWireless, Inc. was incorporated in 1997 and is headquartered in Woodland Park, New Jersey.

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