Head-To-Head Review: Health In Tech (HIT) vs. Its Rivals

Health In Tech (NASDAQ:HIT) is one of 96 public companies in the “Healthcare Technology” industry, but how does it weigh in compared to its peers? We will compare Health In Tech to similar companies based on the strength of its institutional ownership, analyst recommendations, earnings, valuation, profitability, risk and dividends.

Profitability

This table compares Health In Tech and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Health In Tech	N/A	N/A	N/A
Health In Tech Competitors	-785.78%	-41.06%	-18.26%

Analyst Ratings

This is a summary of current ratings and price targets for Health In Tech and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Health In Tech	1	0	0	1	2.50
Health In Tech Competitors	421	1462	2682	87	2.52

Health In Tech presently has a consensus target price of $4.00, suggesting a potential upside of 280.95%. As a group, “Healthcare Technology” companies have a potential upside of 55.05%. Given Health In Tech’s higher possible upside, analysts clearly believe Health In Tech is more favorable than its peers.

Earnings and Valuation

This table compares Health In Tech and its peers revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Health In Tech	$34.08 million	N/A	-52.50
Health In Tech Competitors	$328.47 million	-$23.71 million	12.41

Health In Tech’s peers have higher revenue, but lower earnings than Health In Tech. Health In Tech 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.

Institutional & Insider Ownership

41.7% of shares of all “Healthcare Technology” companies are owned by institutional investors. 77.7% of Health In Tech shares are owned by company insiders. Comparatively, 15.8% of shares of all “Healthcare Technology” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Risk and Volatility

Health In Tech has a beta of 2.82, meaning that its stock price is 182% more volatile than the S&P 500. Comparatively, Health In Tech’s peers have a beta of 1.12, meaning that their average stock price is 12% more volatile than the S&P 500.

Summary

Health In Tech beats its peers on 7 of the 12 factors compared.

Health In Tech Company Profile

Health in Tech, Inc. engages in the provision of insurance technology platforms which offer a marketplace of processes in the healthcare industry. Its services include Stone Mountain Risk, eDIYBS, HI Card, HI Performance Network, and Ancillary Products. The company was founded by Tim Johnson in 2014 and is headquartered in Stuart, FL.