Comparing ScanTech AI Systems (STAI) & Its Competitors

ScanTech AI Systems (NASDAQ:STAI) is one of 55 publicly-traded companies in the “IT Services” industry, but how does it contrast to its competitors? We will compare ScanTech AI Systems to similar businesses based on the strength of its valuation, profitability, risk, institutional ownership, earnings, dividends and analyst recommendations.

Analyst Recommendations

This is a summary of current recommendations and price targets for ScanTech AI Systems and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
ScanTech AI Systems	1	0	0	0	1.00
ScanTech AI Systems Competitors	442	2611	5323	194	2.61

As a group, “IT Services” companies have a potential upside of 25.88%. Given ScanTech AI Systems’ competitors stronger consensus rating and higher probable upside, analysts clearly believe ScanTech AI Systems has less favorable growth aspects than its competitors.

Profitability

This table compares ScanTech AI Systems and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
ScanTech AI Systems	N/A	N/A	N/A
ScanTech AI Systems Competitors	-131.01%	-12.50%	-4.22%

Institutional and Insider Ownership

74.0% of ScanTech AI Systems shares are owned by institutional investors. Comparatively, 62.6% of shares of all “IT Services” companies are owned by institutional investors. 2.3% of ScanTech AI Systems shares are owned by insiders. Comparatively, 11.1% of shares of all “IT Services” companies are owned by 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.

Earnings & Valuation

This table compares ScanTech AI Systems and its competitors gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
ScanTech AI Systems	$1.25 million	-$23.07 million	-1.00
ScanTech AI Systems Competitors	$23.82 billion	$365.78 million	46.20

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

Risk and Volatility

ScanTech AI Systems has a beta of -0.84, meaning that its share price is 184% less volatile than the S&P 500. Comparatively, ScanTech AI Systems’ competitors have a beta of -8.40, meaning that their average share price is 940% less volatile than the S&P 500.

Summary

ScanTech AI Systems competitors beat ScanTech AI Systems on 8 of the 13 factors compared.

About ScanTech AI Systems

Scantech AI Systems, Inc. engages in the innovation, emerging technology, and machine learning expertise. ScanTech specializes in developing advanced screening technology that provides the most accurate and fastest detection of prohibited materials. The company was founded on September 5, 2023 and is headquartered in Buford, GA.