NextPlat (NASDAQ:NXPL – Get Rating) is one of 93 public companies in the “Telephone communication, except radio” industry, but how does it weigh in compared to its peers? We will compare NextPlat to similar businesses based on the strength of its earnings, dividends, analyst recommendations, risk, profitability, valuation and institutional ownership.
Analyst Ratings
This is a summary of current recommendations for NextPlat and its peers, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| NextPlat | 0 | 0 | 0 | 0 | N/A |
| NextPlat Competitors | 614 | 2328 | 2479 | 120 | 2.38 |
As a group, “Telephone communication, except radio” companies have a potential upside of 145.28%. Given NextPlat’s peers higher possible upside, analysts clearly believe NextPlat has less favorable growth aspects than its peers.
Risk and Volatility
Earnings & Valuation
This table compares NextPlat and its peers revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| NextPlat | $11.71 million | -$9.16 million | -2.11 |
| NextPlat Competitors | $366.36 billion | $682.95 million | -2.42 |
NextPlat’s peers have higher revenue and earnings than NextPlat. NextPlat is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Profitability
This table compares NextPlat and its peers’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| NextPlat | -78.21% | -42.54% | -38.56% |
| NextPlat Competitors | -62.91% | 1.69% | -1.84% |
Insider and Institutional Ownership
2.3% of NextPlat shares are held by institutional investors. Comparatively, 45.1% of shares of all “Telephone communication, except radio” companies are held by institutional investors. 29.9% of NextPlat shares are held by company insiders. Comparatively, 11.4% of shares of all “Telephone communication, except radio” companies are held by company 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.
Summary
NextPlat peers beat NextPlat on 7 of the 10 factors compared.
NextPlat Company Profile
NextPlat Corp. engages in the provision of satellite based services and solutions for commercial, government and individual users. The firm’s services include satellite communication solutions, emergency location systems, high-speed satellite internet and global asset and personnel monitoring, customized ground station systems and custom product design. It also focuses on the distribution, development and reselling of satellite enabled communications hardware. The company was founded in 1997 and is headquartered in Coconut Grove, FL.
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