Socket Mobile (SCKT) and Its Rivals Head to Head Survey

by · The Markets Daily

Socket Mobile (NASDAQ:SCKTGet Free Report) is one of 379 publicly-traded companies in the “Electronic Equipment, Instruments & Components” industry, but how does it weigh in compared to its rivals? We will compare Socket Mobile to related companies based on the strength of its dividends, institutional ownership, profitability, earnings, analyst recommendations, risk and valuation.

Volatility & Risk

Socket Mobile has a beta of 1.36, suggesting that its share price is 36% more volatile than the S&P 500. Comparatively, Socket Mobile’s rivals have a beta of -0.31, suggesting that their average share price is 131% less volatile than the S&P 500.

Profitability

This table compares Socket Mobile and its rivals’ net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Socket Mobile-107.50%-229.41%-89.45%
Socket Mobile Competitors-184.55%-150.00%-6.93%

Analyst Recommendations

This is a summary of recent recommendations and price targets for Socket Mobile and its rivals, as provided by MarketBeat.com.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Socket Mobile10001.00
Socket Mobile Competitors20067534102696282.47

As a group, “Electronic Equipment, Instruments & Components” companies have a potential upside of 28.10%. Given Socket Mobile’s rivals stronger consensus rating and higher possible upside, analysts clearly believe Socket Mobile has less favorable growth aspects than its rivals.

Institutional & Insider Ownership

3.8% of Socket Mobile shares are held by institutional investors. Comparatively, 43.5% of shares of all “Electronic Equipment, Instruments & Components” companies are held by institutional investors. 54.8% of Socket Mobile shares are held by insiders. Comparatively, 16.3% of shares of all “Electronic Equipment, Instruments & Components” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Valuation & Earnings

This table compares Socket Mobile and its rivals gross revenue, earnings per share and valuation.

Gross RevenueNet IncomePrice/Earnings Ratio
Socket Mobile$15.08 million-$14.38 million-0.28
Socket Mobile Competitors$3.95 billion$189.38 million0.13

Socket Mobile’s rivals have higher revenue and earnings than Socket Mobile. Socket Mobile is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Summary

Socket Mobile rivals beat Socket Mobile on 10 of the 13 factors compared.

Socket Mobile Company Profile

(Get Free Report)

Socket Mobile, Inc. provides data capture and delivery solutions in the United States, Europe, Asia, and internationally. Its products and solutions are integrated into mobile applications for applications in the areas of point of sale, commercial services, asset tracking, manufacturing and quality control processes, transportation and logistics, event management, medical, and education. The company also offers cordless data capture devices that connect through Bluetooth and work with applications running on smartphones, mobile computers, and tablets; SocketScan and DuraScan 700 series, companion scanners and 800 series, attachable scanners, and wearables; and DuraSled, a barcode scanning sled that protects phones from impact damage and provides charging solutions. In addition, it offers D600, a handheld model to reads and writes various types of electronic SmartTags and transfers data with near-field communication (NFC); S550, a contactless membership card reader/writer; and S370 product that supports barcode scanning, and NFC reading and writing technologies. Further, the company provides SocketCam C820 and C860, which are camera-based barcode scanners; software developer kits, such as CaptureSDK that enables the App providers to modify captured data, control the placement of the barcoded or RFID data in their applications, and control the feedback to the user. It serves retail, commercial services, industrial and manufacturing, transportation and logistics, and healthcare industries through a network of distributors, online resellers, and application providers, as well as online stores. The company was formerly known as Socket Communications, Inc. and changed its name to Socket Mobile, Inc. in April 2008. Socket Mobile, Inc. was founded in 1992 and is headquartered in Fremont, California.