Financial Review: Innovex International (INVX) & Its Rivals

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

Analyst Recommendations

This is a summary of current ratings and target prices for Innovex International and its competitors, 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	193	1398	1692	47	2.48

Innovex International currently has a consensus price target of $15.00, suggesting a potential upside of 0.81%. As a group, “Oil & gas field machinery” companies have a potential upside of 22.72%. Given Innovex International’s competitors stronger consensus rating and higher probable upside, analysts clearly believe Innovex International has less favorable growth aspects than its competitors.

Institutional and Insider 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 hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Earnings & Valuation

This table compares Innovex International and its competitors revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Innovex International	$550.34 million	$600,000.00	10.55
Innovex International Competitors	$4.39 billion	-$154.22 million	13.22

Innovex International’s competitors have higher revenue, but lower earnings than Innovex International. Innovex International is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Risk & Volatility

Innovex International has a beta of 0.89, indicating that its share price is 11% less volatile than the S&P 500. Comparatively, Innovex International’s competitors have a beta of 1.41, indicating that their average share price is 41% more volatile than the S&P 500.

Profitability

This table compares Innovex International and its competitors’ 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%

Summary

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

About Innovex International

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.