Owlet (OWLT) Stock Price, News & Analysis

Company Overview

Owlet, Inc. provides digital parenting solutions in the United States and internationally. The company's platform focuses on giving real-time data and insights to parents. It offers Dream Sock, a wearable infant health monitor equipped with pulse oximetry technology to track vitals signs, such as pulse rate, oxygen, activity, and sleep patterns; BabySat which is intended for infants with heightened health risk; Owlet Cam, a monitoring device in smartphones that offers video and audio, predictive sleep insights, and cry detections; and accessories, including Owlet Sleeper, as well as Duo and Dream Duo that combines Smart Sock with the Owlet Cam. The company was founded in 2012 and is headquartered in Lehi, Utah.

Key Stats

• Today's Range: $4.28 to $4.55
• 50-Day Range: $3.93 to $5.46
• 52-Week Range: $3.20 to $7.50
• Volume: 27,581 shs
• Average Volume: 40,576 shs
• Market Capitalization: $70.74 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Owlet Stock Analysis - MarketRank™

Owlet scored higher than 24% of companies evaluated by MarketBeat, and ranked 273rd out of 329 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Owlet.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Owlet are expected to grow in the coming year, from ($0.76) to $0.17 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Owlet is -1.85, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Owlet is -1.85, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.70% of the float of Owlet has been sold short.

Short Interest Ratio / Days to Cover

Owlet has a short interest ratio ("days to cover") of 8.8.

Change versus previous month

Short interest in Owlet has recently increased by 0.74%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Owlet does not currently pay a dividend.

Dividend Growth

Owlet does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.70% of the float of Owlet has been sold short.

Short Interest Ratio / Days to Cover

Owlet has a short interest ratio ("days to cover") of 8.8.

Change versus previous month

Short interest in Owlet has recently increased by 0.74%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.88

News Sentiment

Owlet has a news sentiment score of 0.88. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Owlet this week, compared to 1 article on an average week.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Owlet insiders have not sold or bought any company stock.

Percentage Held by Insiders

67.07% of the stock of Owlet is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

72.60% of the stock of Owlet is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

OWLT Stock Analysis - Frequently Asked Questions

How have OWLT shares performed this year?

Owlet's stock was trading at $5.28 at the start of the year. Since then, OWLT stock has decreased by 16.5% and is now trading at $4.41.
View the best growth stocks for 2024 here.

How were Owlet's earnings last quarter?

Owlet, Inc. (NYSE:OWLT) released its quarterly earnings data on Thursday, March, 7th. The company reported ($0.12) earnings per share for the quarter, missing analysts' consensus estimates of ($0.04) by $0.08. The company earned $21 million during the quarter.

When did Owlet's stock split?

Owlet's stock reverse split before market open on Monday, July 10th 2023. The 1-14 reverse split was announced on Monday, July 10th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Monday, July 10th 2023. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

Who are Owlet's major shareholders?

Owlet's top institutional investors include Corsair Capital Management L.P. (3.79%), Rosalind Advisors Inc. (1.77%) and Geode Capital Management LLC (0.38%). Insiders that own company stock include Kurt Workman and Kathryn R Scolnick.
View institutional ownership trends.

How do I buy shares of Owlet?

Shares of OWLT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Owlet own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Owlet investors own include Cogent Communications (CCOI), Elbit Systems (ESLT), PRA Group (PRAA), PayPal (PYPL), Staffing 360 Solutions (STAF), TriNet Group (TNET) and UroGen Pharma (URGN).

Company Calendar

• Last Earnings: 3/07/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Measuring & controlling devices, not elsewhere classified
• Sub-Industry: Measuring And Control Equipment
• Current Symbol: NYSE:OWLT
• CUSIP: N/A
• CIK: 1816708
• Web: www.sandbridgeacquisition.com
• Phone: 844-334-5330
• Fax: N/A
• Employees: 106
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($2.39)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-32,900,000.00
• Net Margins: -13.23%
• Pretax Margin: -13.21%
• Return on Equity: N/A
• Return on Assets: -8.42%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.46
• Quick Ratio: 1.17

Sales & Book Value

• Annual Sales: $54 million
• Price / Sales: 1.31
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($1.34) per share
• Price / Book: -3.29

Miscellaneous

• Outstanding Shares: 16,040,000
• Free Float: 5,281,000
• Market Cap: $70.74 million
• Optionable: No Data
• Beta: 1.56