Analysis of Markforged (MKFG) and the competition

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Markforge (NYSE: MKFGGet a rating) is one of 29 publicly traded companies in the “Computer Peripheral Equipment, Not Elsewhere Classified” sector, but how does it stack up against its competitors? We will compare Markforged to similar companies based on the strength of its profitability, valuation, analyst recommendations, dividends, institutional ownership, risk and earnings.

Institutional and Insider Ownership

54.1% of Markforged shares are held by institutional investors. In comparison, 56.2% of the shares of all “computer peripheral equipment, not elsewhere classified” companies are held by institutional investors. 17.9% of the shares of all “computer peripheral equipment, not elsewhere classified” companies are held by insiders. Strong institutional ownership indicates that large fund managers, hedge funds, and endowments believe a stock is poised for long-term growth.

Analyst Notes

This is a breakdown of recent recommendations and price targets for Markforged and its competitors, as reported by MarketBeat.

Sales Ratings Hold odds Buy reviews Strong buy odds Rating
Brandforged 0 1 5 0 2.83
Markforged Competitors 134 1025 2103 64 2.63

Markforged currently has a consensus price target of $8.25, indicating a potential upside of 287.32%. As a group, the “Computer Peripheral Equipment, Not Elsewhere Classified” companies have an upside potential of 32.81%. Given Markforged’s stronger consensus rating and higher possible upside, research analysts clearly believe that Markforged is more favorable than its competitors.

Benefits and evaluation

This table compares the revenue, earnings per share and valuation of Markforged and its competitors.

Gross revenue Net revenue Price/earnings ratio
Brandforged $91.22 million $3.86 million -26.63
Markforged Competitors $1.17 billion $31.46 million 31.13

Markforged’s competitors have higher revenues and profits than Markforged. Markforged trades at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Risk and Volatility

Markforged has a beta of 0.94, indicating that its stock price is 6% less volatile than the S&P 500. Comparatively, Markforged’s competitors have a beta of -0.03, indicating that their average stock price is 103% less volatile than the S&P 500.

Profitability

This table compares the net margins, return on equity and return on assets of Markforged and its competitors.

Net margins Return on equity return on assets
Brandforged 21.87% -31.45% -18.89%
Markforged Competitors 5.79% -20.71% -2.38%

Summary

Markforged’s competitors beat Markforged on 8 of the 13 factors compared.

About Markforged (Get a rating)

Markforged Holding Corporation produces and sells 3D printers, materials, software and other related services worldwide. The company offers desktop, industrial, and metal 3D printers; and composite, continuous fiber and metal parts, as well as advanced 3D printing software. It serves customers in the aerospace, military and defense, industrial automation, space exploration, healthcare and automotive industries. Markforged Holding Corporation was founded in 2013 and is headquartered in Watertown, Massachusetts.



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