Critical Survey: Inseego (INSG) and Its Rivals

Inseego (NASDAQ:INSG) is one of 110 publicly-traded companies in the “Communications Equipment” industry, but how does it compare to its peers? We will compare Inseego to similar companies based on the strength of its analyst recommendations, institutional ownership, profitability, risk, valuation, dividends and earnings.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Inseego	-12.88%	N/A	-17.24%
Inseego Competitors	5.69%	-5.35%	3.12%

Analyst Ratings

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

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Inseego	1	2	3	0	2.33
Inseego Competitors	1078	4040	7107	383	2.54

Inseego presently has a consensus target price of $13.00, indicating a potential upside of 196.74%. As a group, “Communications Equipment” companies have a potential upside of 44.09%. Given Inseego’s higher probable upside, equities research analysts clearly believe Inseego is more favorable than its peers.

Valuation and Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Inseego	$166.19 million	$840,000.00	-11.23
Inseego Competitors	$2.69 billion	$292.54 million	0.89

Inseego’s peers have higher revenue and earnings than Inseego. Inseego 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.

Volatility & Risk

Inseego has a beta of 1.65, indicating that its share price is 65% more volatile than the S&P 500. Comparatively, Inseego’s peers have a beta of 1.17, indicating that their average share price is 17% more volatile than the S&P 500.

Institutional and Insider Ownership

34.2% of Inseego shares are held by institutional investors. Comparatively, 44.4% of shares of all “Communications Equipment” companies are held by institutional investors. 21.7% of Inseego shares are held by insiders. Comparatively, 18.4% of shares of all “Communications Equipment” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Summary

Inseego peers beat Inseego on 9 of the 13 factors compared.

About Inseego

Inseego Corp. develops wireless broadband and mobile networking solutions for service providers, enterprises, small businesses, government organizations and consumers. The company focuses on connecting devices, locations and users through cellular networks, with an emphasis on 5G and other high-speed wireless technologies. Its product portfolio includes mobile hotspots, fixed wireless access equipment, indoor and outdoor customer-premises equipment, routers and gateways. Inseego also provides cloud-based device management and networking software designed to help customers provision, monitor and manage connected equipment.