OWLT - Owlet, Inc. Stock Price, Fair Value and News

4.16USD+0.18 (+4.52%)Market Closed

Market Summary

USD4.16+0.18

Market Closed

4.52%

OWLT Stock Price

View Fullscreen

OWLT RSI Chart

OWLT Valuation

Market Cap

37.3M

Price/Earnings (Trailing)

-1.13

Price/Sales (Trailing)

0.69

EV/EBITDA

-0.72

Price/Free Cashflow

-1.58

OWLT Price/Sales (Trailing)

OWLT Profitability

EBT Margin

-60.90%

Return on Equity

87.66%

Return on Assets

-74.57%

Free Cashflow Yield

-63.13%

OWLT Fundamentals

OWLT Revenue

Revenue (TTM)

54.0M

Rev. Growth (Yr)

75.67%

Rev. Growth (Qtr)

128.75%

OWLT Earnings

Earnings (TTM)

-32.9M

Earnings Growth (Yr)

64.48%

Earnings Growth (Qtr)

-22.78%

Breaking Down OWLT Revenue

Last 7 days

7.8%

Last 30 days

-2.8%

Last 90 days

-30.4%

Trailing 12 Months

-8.1%

How does OWLT drawdown profile look like?

OWLT Financial Health

Current Ratio

0.89

OWLT Investor Care

Shares Dilution (1Y)

4.45%

Diluted EPS (TTM)

-4.54

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	58.4M	53.1M	45.0M	54.0M
2022	74.2M	72.5M	70.9M	69.2M
2021	75.5M	75.6M	75.7M	75.8M
2020	0	0	0	75.4M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Owlet, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 18, 2024	scolnick kathryn r.	sold	-1,233	4.47	-276	chief financial officer
Mar 18, 2024	workman kurt	sold	-4,009	4.47	-897	chief executive officer
Mar 13, 2024	scolnick kathryn r.	sold	-36,044	4.96	-7,267	chief financial officer
Feb 16, 2024	scolnick kathryn r.	sold	-1,489	4.46	-334	chief financial officer
Jan 15, 2024	harris jonathan	acquired	-	-	74,488	president & cro
Dec 18, 2023	workman kurt	sold	-5,245	5.01	-1,047	president & ceo
Dec 18, 2023	scolnick kathryn r.	sold	-1,678	5.01	-335	chief financial officer
Nov 16, 2023	scolnick kathryn r.	sold	-2,310	5.72	-404	chief financial officer
Sep 18, 2023	scolnick kathryn r.	sold	-1,360	3.8	-358	chief financial officer
Sep 18, 2023	workman kurt	sold	-4,244	3.8	-1,117	president & ceo

Which funds bought or sold OWLT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	Global Retirement Partners, LLC	unchanged	-	-37.00	60.00	-%
Apr 22, 2024	DRIVE WEALTH MANAGEMENT, LLC	sold off	-100	-79,211	-	-%
Apr 19, 2024	Cutler Group LLC / CA	sold off	-100	-	-	-%
Apr 12, 2024	Dynamic Advisor Solutions LLC	unchanged	-	-58,038	192,420	0.01%
Mar 11, 2024	VANGUARD GROUP INC	unchanged	-	185,228	1,222,500	-%
Feb 14, 2024	Cresset Asset Management, LLC	unchanged	-	148,172	977,940	0.01%
Feb 14, 2024	Royal Bank of Canada	sold off	-100	-7,000	-	-%
Feb 14, 2024	MILLENNIUM MANAGEMENT LLC	sold off	-100	-59,960	-	-%
Feb 14, 2024	BANK OF AMERICA CORP /DE/	added	2.48	17,502	101,735	-%
Feb 14, 2024	GROUP ONE TRADING, L.P.	reduced	-22.44	-60.00	639	-%

Are Funds Buying or Selling OWLT?

Are funds buying OWLT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own OWLT

No. of Funds

Unveiling Owlet, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 04, 2024	eclipse continuity gp i, llc	11.1%	1,066,472	SC 13D/A
Mar 01, 2024	trilogy equity partners, llc	23.9%	2,493,225	SC 13D/A
Feb 13, 2024	pacific investment management co llc	4.7%	418,477	SC 13G/A
Feb 09, 2024	stanton john w	5.8%	497,131	SC 13G/A
Feb 08, 2024	eclipse continuity gp i, llc	12.4%	1,066,472	SC 13D/A
Feb 27, 2023	eclipse continuity gp i, llc	13.0%	14,930,616	SC 13D/A
Feb 27, 2023	workman kurt	6.3%	7,473,415	SC 13D
Feb 27, 2023	stanton john w	6.7%	7	SC 13G
Feb 23, 2023	trilogy equity partners, llc	18.8%	24,531,139	SC 13D/A
Feb 14, 2022	scopus asset management, l.p.	0.00%	0	SC 13G/A

Recent SEC filings of Owlet, Inc.

View All Filings

Date Filed	Form Type	Document
Mar 20, 2024	4	Insider Trading
Mar 20, 2024	4	Insider Trading
Mar 15, 2024	4	Insider Trading
Mar 13, 2024	144	Notice of Insider Sale Intent
Mar 11, 2024	S-8	Employee Benefits Plan
Mar 08, 2024	10-K	Annual Report
Mar 07, 2024	8-K	Current Report
Mar 04, 2024	8-K	Current Report
Mar 04, 2024	4	Insider Trading
Mar 04, 2024	4	Insider Trading

Peers (Alternatives to Owlet, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ABT	186.5B	40.1B	-5.27%	-1.83%	32.59	4.65	-8.12%	-17.45%
BDX	66.9B	19.5B	-6.10%	-12.08%	53.25	3.43	4.02%	-22.04%
ALGN	23.2B	3.9B	-5.77%	-2.75%	52.14	6.01	3.42%	23.09%
BAX	20.4B	14.8B	-6.00%	-14.25%	7.67	1.38	2.12%	209.17%
MID-CAP
ATR	9.5B	3.5B	-0.91%	22.96%	30.27	2.67	6.16%	35.06%
HSIC	9.4B	12.3B	-2.70%	-9.94%	22.59	0.76	-2.44%	-22.68%
BIO	8.1B	2.7B	-21.14%	-36.84%	-12.64	3.01	-4.68%	82.43%
XRAY	6.3B	4.0B	-8.20%	-26.06%	-47.15	1.6	1.10%	85.84%
AXNX	3.4B	366.4M	-3.27%	17.57%	-560.12	9.28	33.86%	89.83%
PDCO	2.3B	6.6B	-7.27%	-4.94%	11.93	0.35	2.78%	-0.87%
SMALL-CAP
AHCO	1.3B	3.2B	-12.41%	-15.32%	-1.95	0.41	7.73%	-1066.14%
ANIK	379.4M	166.7M	0.04%	-0.97%	-4.59	2.28	6.67%	-456.34%
ANGO	232.3M	324.0M	1.75%	-30.04%	-1.21	0.72	-3.19%	-337.41%
APYX	49.9M	52.3M	2.13%	-52.32%	-2.67	0.95	17.61%	19.28%
AEMD	3.6M	3.7M	-20.47%	240.00%	-0.29	0.95	5.77%	8.23%

Owlet, Inc. News

Latest updates

Owlet, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)													(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4
Revenue	128.8%	21,004,000	9,182,000	13,088,000	10,736,000	11,956,500	17,359,000	18,348,000	21,538,000	26,521,500	31,505,000	24,938,000	21,911,000	-
Gross Profit	196.5%	9,872,000	3,329,000	5,233,000	4,153,000	3,321,500	4,613,000	6,622,000	8,756,000	-6,024,000	14,881,000	13,518,000	12,683,000	-
Operating Expenses	15.6%	12,954,000	11,209,000	11,947,000	15,109,000	24,060,500	26,434,000	26,985,000	30,452,000	27,306,000	28,642,000	19,371,000	15,531,000	-
S&GA Expenses	12.8%	3,761,000	3,335,000	3,078,000	3,353,000	7,440,000	9,695,000	9,723,000	11,631,000	10,325,500	13,072,000	7,568,000	6,118,000	-4,560,564
R&D Expenses	-5.7%	2,288,000	2,426,000	2,745,000	2,890,000	4,515,000	7,066,000	7,770,000	8,545,000	7,157,500	6,320,000	4,518,000	3,432,000	-
EBITDA Margin	41.6%	-0.53	-0.92	-1.02	-0.98	-1.11	-1.15	-1.33	-1.21	-0.91	-0.69	-0.25	-0.11	-0.11
Interest Expenses	44.0%	193,000	134,000	52,000	2,812,000	256,500	419,000	203,000	226,000	394,000	477,000	484,000	417,000	-
Income Taxes	-	5,000	-	5,000	-	1,000	-5,000	26,000	7,000	9,000	15,000	2,000	5,000	-
Earnings Before Taxes	-22.7%	-6,921,000	-5,641,000	-8,462,000	-11,867,000	-19,497,000	-19,367,000	-11,692,000	-28,751,000	-24,047,500	-34,441,000	-5,333,000	-7,852,000	-6,746,187
EBT Margin	39.8%	-0.61	-1.01	-1.11	-1.07	-1.15	-1.18	-1.36	-1.25	-0.95	-0.72	-0.28	-0.14	-0.14
Net Income	-22.8%	-6,926,000	-5,641,000	-8,467,000	-11,867,000	-19,498,000	-19,362,000	-11,718,000	-28,758,000	-24,056,500	-34,456,000	-5,335,000	-7,857,000	-5,798,000
Net Income Margin	39.8%	-0.61	-1.01	-1.11	-1.07	-1.15	-1.18	-1.36	-1.25	-0.95	-0.71	-0.27	-0.22	-0.14
Free Cashflow	69.6%	-1,581,000	-5,199,000	-7,383,000	-9,380,000	-9,981,000	-15,956,000	-28,449,000	-27,630,000	-5,939,000	-19,503,000	-9,088,000	-6,995,000	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet														(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3
Assets	4.3%	44.00	42.00	57.00	66.00	58.00	81.00	102	124	140	160	231	231	40.00	232
Current Assets	6.4%	40.00	38.00	52.00	60.00	51.00	74.00	94.00	117	136	157	1.00	1.00	38.00	2.00
Cash Equivalents	9.2%	17.00	15.00	25.00	25.00	11.00	23.00	37.00	69.00	95.00	115	12.00	13.00	17.00	18.00
Inventory	-41.2%	6.00	11.00	12.00	15.00	19.00	24.00	29.00	25.00	18.00	10.00	-	-	8.00	-
Net PPE	-24.0%	0.00	0.00	1.00	1.00	1.00	1.00	2.00	2.00	2.00	2.00	-	-	2.00	-
Liabilities	9.6%	74.00	67.00	79.00	82.00	69.00	76.00	80.00	94.00	85.00	83.00	38.00	30.00	61.00	25.00
Current Liabilities	9.7%	45.00	41.00	48.00	51.00	67.00	72.00	73.00	72.00	69.00	56.00	5.00	3.00	47.00	0.00
Long Term Debt	-100.0%	-	1.00	2.00	4.00	-	-	-	6.00	8.00	9.00	-	-	10.00	-
LT Debt, Current	-12.1%	6.00	7.00	5.00	5.00	10.00	12.00	11.00	7.00	9.00	9.00	-	-	2.00	-
LT Debt, Non Current	-100.0%	-	1.00	2.00	4.00	-	-	-	6.00	8.00	9.00	-	-	10.00	-
Shareholder's Equity	-Infinity%	-37.53	-	-	-	-10.63	4.00	22.00	30.00	55.00	77.00	5.00	5.00	5.00	5.00
Retained Earnings	-2.8%	-255	-248	-243	-234	-222	-203	-183	-172	-143	-119	-15.32	-6.73	-71.72	-0.58
Additional Paid-In Capital	0.6%	218	217	216	214	212	208	205	202	199	196	20.00	12.00	4.00	5.00
Shares Outstanding	2.7%	9.00	9.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	7.00	2.00	2.00	2.00	2.00
Float	-	-	-	26.00	-	-	-	123	-	-	-	230	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)															(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2
Cashflow From Operations	69.7%	-1,576	-5,194	-7,383	-9,374	-9,825	-15,895	-28,264	-27,396	-5,853	-19,095	-8,632	-6,976	-431	-24.00	-
Share Based Compensation	3.6%	2,290	2,210	2,644	2,789	4,441	1,840	3,257	3,318	1,949	697	785	828	-	-	-
Cashflow From Investing	-163.6%	-29.00	-11.00	-11.00	-8.00	-162	-160	-543	-700	-460	-851	-682	-27.00	-	-230,000	-
Cashflow From Financing	168.5%	2,997	-4,376	7,375	22,916	-1,956	1,973	-2,674	1,779	-13,529	122,624	8,721	2,805	-18.02	231,761	-

OWLT Income Statement

2023-12-31

Consolidated Statements of Operations and Comprehensive Loss - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Revenues	$ 54,010	$ 69,202
Cost of revenues	31,423	45,889
Gross profit	22,587	23,313
Operating expenses:
General and administrative	27,343	41,547
Sales and marketing	13,527	38,489
Research and development	10,349	27,896
Total operating expenses	51,219	107,932
Operating loss	(28,632)	(84,619)
Other income (expense):
Interest expense, net	(3,191)	(1,104)
Common stock warrant liability adjustment	(924)	6,337
Other income (expense), net	(144)	79
Total other income (expense), net	(4,259)	5,312
Loss before income tax provision	(32,891)	(79,307)
Income tax provision	(10)	(29)
Net loss and comprehensive loss	(32,901)	(79,336)
Accretion on Series A convertible preferred stock	(4,591)	0
Net loss attributable to common stockholders, basic	(37,492)	(79,336)
Net loss attributable to common stockholders, diluted	$ (37,492)	$ (79,336)
Net loss per share attributable to common stockholders, basic (in dollars per share)	$ (4.53)	$ (9.98)
Net loss per share attributable to common stockholders, diluted (in dollars per share)	$ (4.53)	$ (9.98)
Weighted-average number of shares outstanding used to compute net loss per share attributable to common stockholders, basic (in shares)	8,276,481	7,950,757
Weighted-average number of shares outstanding used to compute net loss per share attributable to common stockholders, diluted (in shares)	8,276,481	7,950,757

OWLT Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 16,557	$ 11,231
Accounts receivable, net	13,973	15,958
Inventory	6,493	18,515
Prepaid expenses and other current assets	2,921	5,558
Total current assets	39,944	51,262
Property and equipment, net	377	1,108
Right of use assets, net	937	2,260
Intangible assets, net	2,210	2,279
Other assets	655	1,195
Total assets	44,123	58,104
Current liabilities:
Accounts payable	13,679	30,432
Accrued and other expenses	15,051	19,984
Current portion of deferred revenues	1,166	1,148
Line of credit	9,250	4,685
Current portion of long-term debt	5,944	10,353
Total current liabilities	45,090	66,602
Noncurrent lease liability	22	1,162
Common stock warrant liabilities	27,781	724
Other long-term liabilities	906	251
Total liabilities	73,799	68,739
Commitments and contingencies (Note 7)
Series A convertible preferred stock, 0.0001 par value, 10,741,071 shares authorized as of December 31, 2023 and December 31, 2022; 28,628 and 0 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively (liquidation preference of $28,628)	7,855	0
Stockholders’ deficit:
Common stock, $0.0001 par value, 107,142,857 shares authorized as of December 31, 2023 and December 31, 2022; 8,797,456 and 8,242,009 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively.	1	1
Additional paid-in capital	218,127	212,122
Accumulated deficit	(255,659)	(222,758)
Total stockholders’ deficit	(37,531)	(10,635)
Total liabilities, convertible preferred stock, and stockholders’ deficit	$ 44,123	$ 58,104
Common stock, shares authorized (in shares)	107,142,857

About Owlet, Inc.

Owlet, Inc. operates as a digital parenting platform in the United States. The company's platform focuses on giving real-time data and insights to parents. It offers smart monitoring products, which includes Dream Sock accompanying Owlet Dream App allows parents to view their baby's sleep quality indicators, such as waking, heart rate, and movement; and the Dream Sock Plus based on same core technology as the Dream Sock, which is designed to grow with the children from new born to five years through an expanded fabric sock sets primarily for the U.S. and Canadian markets. The company also provides Smart Sock, an intelligent baby monitor to track an infant's oxygen levels, heart rate, and sleep trends, which offers parents to view their baby's heart rate and oxygen readings in real time through the Owlet application. In addition, it offers Owlet Cam 1, which includes a wide-angle view, sound and motion notifications, and background audio, as well as allows to stream secure and encrypted video to parents own private accounts on the application; and Cam 2, a second generation camera comprising the features included in the Cam 1 and provides predictive sleep technology, cry notifications, and video clips. The company also provides Monitor Duo and Dream Duo, which includes Sock Monitor offerings with high-definition video; and Owlet's accessories comprising Owlet Sleeper features a full-length zipper for easy access during late night changes, and the Owlet Travel Case, which provides travel and extra accident protection for Owlet sock products. Further, its monitoring and health notification pipeline includes Health Notifications, an over-the-counter offering software as a medical device; and Owlet BabySat designed as a prescription monitoring device for infants to be utilized by various telehealth platforms, which primarily includes babies with diagnosed illnesses and health conditions. The company was founded in 2012 and is headquartered in Lehi, Utah.

CEO	Mr. Kurt Workman
WEBSITE	https://owletcare.com
INDUSTRY	Medical Instruments & Supplies
EMPLOYEES	106

Owlet, Inc. Frequently Asked Questions

What is the ticker symbol for Owlet, Inc.? What does OWLT stand for in stocks?

OWLT is the stock ticker symbol of Owlet, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Owlet, Inc. (OWLT)?

As of Fri Apr 26 2024, market cap of Owlet, Inc. is 37.29 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of OWLT stock?

You can check OWLT's fair value in chart for subscribers.

What is the fair value of OWLT stock?

You can check OWLT's fair value in chart for subscribers. The fair value of Owlet, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Owlet, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for OWLT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Owlet, Inc. a good stock to buy?

The fair value guage provides a quick view whether OWLT is over valued or under valued. Whether Owlet, Inc. is cheap or expensive depends on the assumptions which impact Owlet, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for OWLT.

What is Owlet, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 26 2024, OWLT's PE ratio (Price to Earnings) is -1.13 and Price to Sales (PS) ratio is 0.69. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. OWLT PE ratio will change depending on the future growth rate expectations of investors.