Veritone (NASDAQ: VERI) is one of 22 publicly-traded companies in the “Cloud Computing Services” industry, but how does it contrast to its peers? We will compare Veritone to similar companies based on the strength of its dividends, analyst recommendations, risk, profitability, institutional ownership, earnings and valuation.

Analyst Ratings

This is a breakdown of recent ratings for Veritone and its peers, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Veritone 1 0 4 0 2.60
Veritone Competitors 84 475 1526 43 2.72

Veritone currently has a consensus target price of $29.50, indicating a potential upside of 33.67%. As a group, “Cloud Computing Services” companies have a potential upside of 5.73%. Given Veritone’s higher probable upside, equities analysts clearly believe Veritone is more favorable than its peers.

Institutional & Insider Ownership

8.4% of Veritone shares are held by institutional investors. Comparatively, 58.4% of shares of all “Cloud Computing Services” companies are held by institutional investors. 21.1% of shares of all “Cloud Computing Services” companies are held by company 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 Veritone and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Veritone -416.28% -1,887.29% -77.53%
Veritone Competitors -84.90% -145.82% -20.99%

Valuation & Earnings

This table compares Veritone and its peers revenue, earnings per share (EPS) and valuation.

Gross Revenue NetIncome Price/Earnings Ratio
Veritone $8.91 million -$26.97 million -4.07
Veritone Competitors $996.80 million -$34.68 million -72.30

Veritone’s peers have higher revenue, but lower earnings than Veritone. Veritone 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.

Summary

Veritone peers beat Veritone on 8 of the 11 factors compared.

About Veritone

Veritone, Inc. is a developer of artificial intelligence (AI) platform. The Company’s platform unlocks the power of cognitive computing to transform unstructured audio and video data and analyze it in conjunction with structured data in a seamless, automated manner to generate actionable intelligence. Its cloud-based artificial intelligence operating system (aiOS) integrates and orchestrates an open ecosystem of cognitive engines, together with the Company’s suite of applications, to reveal valuable multivariate insights from vast amounts of audio, video and structured data. The Company’s technology enables users to run comprehensive, multivariate queries, correlations and analyses in near real-time using multiple cognitive engines and data sets, integrating and refining the outputs. The Company’s services and target markets include Media Agency Services, software as a service (Saas) Solutions, and Other Vertical Markets and Applications.

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