Innovex International (INVX) and Its Peers Head to Head Analysis

Innovex International (NYSE:INVX) is one of 25 public companies in the “Oil & gas field machinery” industry, but how does it contrast to its rivals? We will compare Innovex International to related businesses based on the strength of its valuation, analyst recommendations, earnings, profitability, dividends, risk and institutional ownership.

Insider and Institutional Ownership

73.2% of shares of all “Oil & gas field machinery” companies are owned by institutional investors. 3.1% of Innovex International shares are owned by company insiders. Comparatively, 11.9% of shares of all “Oil & gas field machinery” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Profitability

This table compares Innovex International and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Innovex International	12.31%	-0.73%	-0.61%
Innovex International Competitors	2.62%	7.27%	4.56%

Volatility & Risk

Innovex International has a beta of 0.88, meaning that its share price is 12% less volatile than the S&P 500. Comparatively, Innovex International’s rivals have a beta of 1.42, meaning that their average share price is 42% more volatile than the S&P 500.

Valuation and Earnings

This table compares Innovex International and its rivals gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Innovex International	$550.34 million	$600,000.00	8.89
Innovex International Competitors	$4.39 billion	-$154.22 million	12.51

Innovex International’s rivals have higher revenue, but lower earnings than Innovex International. Innovex International 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.

Analyst Ratings

This is a summary of current ratings and recommmendations for Innovex International and its rivals, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Innovex International	1	0	0	0	1.00
Innovex International Competitors	191	1395	1687	47	2.48

Innovex International currently has a consensus target price of $15.00, indicating a potential upside of 19.62%. As a group, “Oil & gas field machinery” companies have a potential upside of 31.87%. Given Innovex International’s rivals stronger consensus rating and higher possible upside, analysts clearly believe Innovex International has less favorable growth aspects than its rivals.

Summary

Innovex International rivals beat Innovex International on 11 of the 13 factors compared.

Innovex International Company Profile

Innovex Downhole Solutions Inc. designs, manufactures and installs mission-critical drilling & deployment, well construction, completion, production and fishing & intervention solutions to support upstream onshore and offshore activities. Innovex Downhole Solutions Inc., formerly known as Dril-Quip, is based in HOUSTON.