Critical Survey: Palladyne AI (PDYN) versus Its Rivals

Palladyne AI (NASDAQ:PDYN) is one of 229 public companies in the “Aerospace & Defense” industry, but how does it contrast to its peers? We will compare Palladyne AI to similar companies based on the strength of its valuation, earnings, analyst recommendations, risk, profitability, institutional ownership and dividends.

Institutional & Insider Ownership

26.0% of Palladyne AI shares are held by institutional investors. Comparatively, 49.5% of shares of all “Aerospace & Defense” companies are held by institutional investors. 13.4% of Palladyne AI shares are held by company insiders. Comparatively, 11.8% of shares of all “Aerospace & Defense” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Earnings and Valuation

This table compares Palladyne AI and its peers top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Palladyne AI	$19.54 million	$10.04 million	-3.68
Palladyne AI Competitors	$8.45 billion	$569.54 million	15.48

Palladyne AI’s peers have higher revenue and earnings than Palladyne AI. Palladyne AI 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.

Risk & Volatility

Palladyne AI has a beta of 3.87, meaning that its share price is 287% more volatile than the S&P 500. Comparatively, Palladyne AI’s peers have a beta of 1.32, meaning that their average share price is 32% more volatile than the S&P 500.

Analyst Ratings

This is a summary of recent ratings for Palladyne AI and its peers, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Palladyne AI	1	2	3	0	2.33
Palladyne AI Competitors	2173	8290	12826	582	2.50

Palladyne AI presently has a consensus target price of $10.50, indicating a potential upside of 239.81%. As a group, “Aerospace & Defense” companies have a potential upside of 30.30%. Given Palladyne AI’s higher possible upside, equities analysts plainly believe Palladyne AI is more favorable than its peers.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Palladyne AI	-196.74%	-60.34%	-46.06%
Palladyne AI Competitors	-329.31%	-49.26%	-4.60%

Summary

Palladyne AI peers beat Palladyne AI on 9 of the 13 factors compared.

About Palladyne AI

Palladyne AI Corp. develops artificial intelligence software designed to help robots and other machines operate more autonomously in complex, changing environments. Its technology is intended to enable systems to perceive their surroundings, learn tasks and adapt their actions, including in settings where tasks may be difficult to pre-program. The company offers the Palladyne™ IQ software platform, which is designed to work with robotic hardware and support applications across industrial and other sectors.