Analyzing Ideanomics (IDEX) and Cable One (CABO)

Ideanomics (NASDAQ:IDEX) and Cable One (NYSE:CABO) are both business services companies, but which is the superior investment? We will contrast the two companies based on the strength of their valuation, profitability, earnings, risk, analyst recommendations, institutional ownership and dividends.

Institutional and Insider Ownership

1.1% of Ideanomics shares are held by institutional investors. Comparatively, 79.3% of Cable One shares are held by institutional investors. 6.8% of Ideanomics shares are held by insiders. Comparatively, 1.1% of Cable One shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Dividends

Cable One pays an annual dividend of $8.00 per share and has a dividend yield of 0.7%. Ideanomics does not pay a dividend. Cable One pays out 27.8% of its earnings in the form of a dividend. Cable One has increased its dividend for 3 consecutive years.

Profitability

This table compares Ideanomics and Cable One’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Ideanomics -1.73% -7.79% -2.69%
Cable One 15.01% 22.57% 7.20%

Earnings & Valuation

This table compares Ideanomics and Cable One’s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Ideanomics $377.74 million 0.48 -$27.43 million N/A N/A
Cable One $1.07 billion 5.91 $164.76 million $28.77 38.63

Cable One has higher revenue and earnings than Ideanomics.

Analyst Recommendations

This is a breakdown of current ratings and price targets for Ideanomics and Cable One, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ideanomics 0 0 0 0 N/A
Cable One 1 3 2 0 2.17

Cable One has a consensus price target of $1,075.00, indicating a potential downside of 3.28%. Given Cable One’s higher possible upside, analysts plainly believe Cable One is more favorable than Ideanomics.

Volatility and Risk

Ideanomics has a beta of 1.85, meaning that its stock price is 85% more volatile than the S&P 500. Comparatively, Cable One has a beta of 0.51, meaning that its stock price is 49% less volatile than the S&P 500.

Summary

Cable One beats Ideanomics on 11 of the 14 factors compared between the two stocks.

About Ideanomics

Ideanomics, Inc. operates as a financial technology and asset digitization services company. The company operates in two segments, Legacy YOD and Wecast Service. It engages in the provision of business consulting services related to traditional financings, as well as in developing digital asset securitization services through artificial intelligence and blockchain enabled financial services platforms. In addition, the company engages in consumer electronics e-commerce and smart supply chain management operations, as well as in oil trading business. Further, it provides premium content and integrated value-added service solutions for the delivery of video on demand and paid video programing to digital cable providers, Internet protocol television providers, over-the-top streaming providers, mobile manufacturers, and operators, as well as direct customers. The company was formerly known as Seven Stars Cloud Group, Inc. Ideanomics, Inc. was founded in 2004 and is headquartered in New York, New York.

About Cable One

Cable One, Inc. owns and operates cable systems that provide data, video, and voice services. The company offers residential data services, including WiFi ONE, a Wi-Fi solution to enhance Wi-Fi signal throughout the home. It also provides residential video services, such as local networks; local community programming that includes governmental and public access; and other channels, which comprise weather, shopping, and religious channels, as well as digital video services, including national and regional cable networks, music channels, and an interactive electronic programming guide with parental controls. In addition, the company offers premium channels; and advanced video services, such as whole-home DVRs and high-definition set-top boxes, as well as TV Everywhere product, which enables its video customers to stream various channels and shows to mobile devices and computers. Further, it provides residential voice and international calling by the minute services. Additionally, the company offers data, voice, and video products to business customers that include small to mid-markets, enterprises, and wholesale and carrier customers; and digital advertising products, including Website construction, targeted display, and short- and long-form video production. As of February 27, 2019, it served approximately 800,000 residential and business customers in 21 Western, Midwestern, and Southern United States. Cable One, Inc. was incorporated in 1980 and is headquartered in Phoenix, Arizona.

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