GTY Technology (NASDAQ: GTYH) is one of 117 public companies in the “Data processing & preparation” industry, but how does it compare to its competitors? We will compare GTY Technology to similar businesses based on the strength of its risk, analyst recommendations, earnings, dividends, valuation, institutional ownership and profitability.
Institutional and Insider Ownership
Get GTY Technology alerts:
45.4% of GTY Technology shares are held by institutional investors. Comparatively, 53.0% of shares of all “Data processing & preparation” companies are held by institutional investors. 33.2% of GTY Technology shares are held by company insiders. Comparatively, 17.7% of shares of all “Data processing & preparation” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Volatility & Risk
GTY Technology has a beta of 0.15, meaning that its share price is 85% less volatile than the S&P 500. Comparatively, GTY Technology’s competitors have a beta of 1.44, meaning that their average share price is 44% more volatile than the S&P 500.
Analyst Ratings
This is a breakdown of current recommendations and price targets for GTY Technology and its competitors, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| GTY Technology | 0 | 0 | 2 | 0 | 3.00 |
| GTY Technology Competitors | 634 | 3056 | 4671 | 88 | 2.50 |
GTY Technology currently has a consensus price target of $8.00, indicating a potential upside of 12.52%. As a group, “Data processing & preparation” companies have a potential upside of 22.63%. Given GTY Technology’s competitors higher probable upside, analysts plainly believe GTY Technology has less favorable growth aspects than its competitors.
Profitability
This table compares GTY Technology and its competitors’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| GTY Technology | -82.51% | -13.88% | -9.84% |
| GTY Technology Competitors | -38.49% | -1,757.81% | -11.67% |
Valuation and Earnings
This table compares GTY Technology and its competitors revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| GTY Technology | $48.13 million | -$44.01 million | -10.01 |
| GTY Technology Competitors | $1.06 billion | $1.19 million | 23.61 |
GTY Technology’s competitors have higher revenue and earnings than GTY Technology. GTY Technology 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.
Summary
GTY Technology competitors beat GTY Technology on 8 of the 13 factors compared.
GTY Technology Company Profile
GTY Technology Holdings, Inc. is software as a service (“SaaS“) company that offers a cloud-based suite of solutions for the public sector, in North America. The company operates through six operating subsidiaries: Bonfire provides strategic sourcing and procurement software to enable confident and compliant spending decisions; CityBase provides government payment solutions to connect constituents with utilities and government agencies; eCivis offers a grants management system to maximize grant revenues and track performance; Open Counter provides government permitting software to guide applicants through complex permitting and licensing procedures; Questica offers budget preparation and management software to deliver on financial and non-financial strategic objectives; Sherpa provides public sector budgeting software and consulting services. GTY Technology Holdings was founded on August 11, 2016 and is headquartered in Las Vegas, NV.
