Financial Review: Anterix (ATEX) and The Competition

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

Profitability

This table compares Anterix and its peers’ 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	58.90%	11.39%	4.23%

Analyst Ratings

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

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Anterix	0	3	1	1	2.60
Anterix Competitors	320	910	1457	139	2.50

Anterix currently has a consensus target price of $120.00, indicating a potential upside of 45.97%. As a group, “Wireless Telecommunication Services” companies have a potential upside of 36.57%. Given Anterix’s stronger consensus rating and higher possible upside, analysts clearly believe Anterix is more favorable than its peers.

Earnings & Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Anterix	$6.50 million	$90.64 million	23.49
Anterix Competitors	$658.01 billion	$2.68 billion	21.99

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

Institutional & Insider Ownership

87.7% of Anterix shares are held by institutional investors. Comparatively, 48.6% of shares of all “Wireless Telecommunication Services” companies are held by institutional investors. 40.0% of Anterix shares are held by insiders. Comparatively, 23.2% of shares of all “Wireless Telecommunication Services” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Risk and Volatility

Anterix has a beta of 0.89, indicating that its share price is 11% less volatile than the S&P 500. Comparatively, Anterix’s peers have a beta of 1.95, indicating that their average share price is 95% more volatile than the S&P 500.

Summary

Anterix beats its peers 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.