Financial Survey: Silver Spring Networks (NYSE:SSNI) versus Its Competitors

Silver Spring Networks (NYSE: SSNI) is one of 166 public companies in the “IT Services & Consulting” industry, but how does it weigh in compared to its competitors? We will compare Silver Spring Networks to related companies based on the strength of its valuation, institutional ownership, analyst recommendations, earnings, dividends, risk and profitability.

Profitability

This table compares Silver Spring Networks and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Silver Spring Networks -10.28% N/A -6.07%
Silver Spring Networks Competitors -18.58% -306.38% -4.21%

Analyst Recommendations

This is a summary of recent ratings and target prices for Silver Spring Networks and its competitors, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Silver Spring Networks 0 10 2 0 2.17
Silver Spring Networks Competitors 685 4348 6716 150 2.53

Silver Spring Networks currently has a consensus price target of $14.95, indicating a potential downside of 7.92%. As a group, “IT Services & Consulting” companies have a potential downside of 11.64%. Given Silver Spring Networks’ higher probable upside, equities analysts clearly believe Silver Spring Networks is more favorable than its competitors.

Valuation and Earnings

This table compares Silver Spring Networks and its competitors top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Silver Spring Networks $311.01 million -$21.62 million -19.33
Silver Spring Networks Competitors $2.96 billion $309.94 million 336.85

Silver Spring Networks’ competitors have higher revenue and earnings than Silver Spring Networks. Silver Spring Networks 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

Silver Spring Networks has a beta of 1.6, meaning that its stock price is 60% more volatile than the S&P 500. Comparatively, Silver Spring Networks’ competitors have a beta of 1.11, meaning that their average stock price is 11% more volatile than the S&P 500.

Institutional & Insider Ownership

75.5% of Silver Spring Networks shares are held by institutional investors. Comparatively, 60.5% of shares of all “IT Services & Consulting” companies are held by institutional investors. 25.2% of Silver Spring Networks shares are held by company insiders. Comparatively, 17.3% of shares of all “IT Services & Consulting” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Summary

Silver Spring Networks competitors beat Silver Spring Networks on 7 of the 13 factors compared.

Silver Spring Networks Company Profile

Silver Spring Networks, Inc. is engaged in creating, building and deploying large-scale networks and solutions enabling the Internet of things (IoT) for critical infrastructure. The Company provides a networking platform and solutions that enable utilities to transform the power grid infrastructure into the smart grid. Its networking platform enables customers to communicate with devices connected to the power grid. Its networking platform comprises hardware, such as access points and relays; its communications modules; its SilverLinkOS network operating software, and its GridScape management and security software. It offers solutions built upon SilverLink Network and Data platforms, including advanced metering, distribution automation, demand-side management, street lights and its wireless Internet protocol version 6 (IPv6) network service for the IoT, Starfish. Through its managed application services, it manages the SilverLink Control Platform and SilverLink Applications.

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