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

4.04USD+0.05 (+1.25%)Delayed as of 17 May 2024, 01:58 pm ET

Market Summary

USD4.04+0.05

Delayedas of 17 May 2024, 01:58 pm

1.25%

OWLT Stock Price

View Fullscreen

OWLT RSI Chart

OWLT Valuation

Market Cap

36.1M

Price/Earnings (Trailing)

-2.03

Price/Sales (Trailing)

0.62

EV/EBITDA

-1.07

Price/Free Cashflow

-2.06

OWLT Price/Sales (Trailing)

OWLT Profitability

EBT Margin

-30.59%

Return on Equity

53.93%

Return on Assets

-40.52%

Free Cashflow Yield

-48.48%

OWLT Fundamentals

OWLT Revenue

Revenue (TTM)

58.0M

Rev. Growth (Yr)

37.39%

Rev. Growth (Qtr)

-29.78%

OWLT Earnings

Earnings (TTM)

-17.8M

Earnings Growth (Yr)

127.59%

Earnings Growth (Qtr)

147.27%

Breaking Down OWLT Revenue

52 Week Range

0.185.05

(Low)(High)

Last 7 days

-6.7%

Last 30 days

19.7%

Last 90 days

-10.1%

Trailing 12 Months

12.8%

How does OWLT drawdown profile look like?

OWLT Financial Health

Current Ratio

1.01

OWLT Investor Care

Shares Dilution (1Y)

7.65%

Diluted EPS (TTM)

-3.51

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
2024	58.0M	0	0	0
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
May 15, 2024	DEUTSCHE BANK AG\	sold off	-100	-6,061	-	-%
May 15, 2024	STATE STREET CORP	unchanged	-	-16,442	73,059	-%
May 15, 2024	MORGAN STANLEY	unchanged	-	-72.00	319	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	reduced	-86.69	-90,680	11,055	-%
May 15, 2024	INSIGNEO ADVISORY SERVICES, LLC	new	-	168,090	168,090	0.02%
May 15, 2024	Cresset Asset Management, LLC	unchanged	-	-179,659	798,281	-%
May 15, 2024	Tower Research Capital LLC (TRC)	added	219	6,311	10,245	-%
May 14, 2024	NORTHERN TRUST CORP	reduced	-10.85	-45,964	122,848	-%
May 14, 2024	ArchPoint Investors	sold off	-100	-142,449	-	-%
May 13, 2024	FMR LLC	unchanged	-	-39.00	177	-%

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
May 16, 2024	144	Notice of Insider Sale Intent
May 13, 2024	10-Q	Quarterly Report
May 13, 2024	S-3	S-3
May 06, 2024	8-K	Current Report
Apr 29, 2024	10-K/A	Annual Report
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

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	182.4B	40.3B	-3.99%	-3.65%	32.43	4.52	-2.84%	-3.08%
BDX	68.4B	19.7B	2.45%	-5.81%	51.31	3.47	4.82%	-17.56%
ALGN	20.6B	3.9B	-10.40%	-6.17%	44.52	5.25	5.72%	46.72%
BAX	17.9B	14.9B	-11.17%	-17.84%	6.76	1.2	2.98%	207.68%
MID-CAP
ATR	9.8B	3.5B	6.44%	23.99%	31.25	2.76	6.16%	35.06%
HSIC	9.5B	12.5B	4.37%	-2.87%	24.53	0.76	-0.61%	-18.83%
BIO	8.4B	2.6B	0.92%	-22.34%	-26.13	3.23	-6.25%	-68.62%
XRAY	5.9B	3.9B	-7.86%	-29.32%	-63	1.5	0.23%	91.03%
AXNX	3.5B	387.1M	0.46%	29.28%	-216.68	8.92	30.82%	65.57%
PDCO	2.3B	6.6B	0.82%	-4.37%	11.97	0.35	2.78%	-0.87%
SMALL-CAP
AHCO	1.3B	3.2B	2.50%	-12.21%	-1.88	0.4	7.94%	-1661.78%
ANIK	378.1M	169.3M	-	-1.96%	-4.92	2.23	7.49%	-244.90%
ANGO	257.2M	324.0M	-1.38%	-32.77%	-1.34	0.79	-3.19%	-337.41%
APYX	53.0M	50.5M	10.79%	-74.07%	-2.32	1.05	14.25%	-10.06%
AEMD	1.0M	3.7M	-72.22%	29.03%	-0.09	0.28	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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4
Revenue	-29.8%	14,750,000	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	-33.7%	6,547,000	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	-5.1%	12,293,000	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	3.6%	3,896,000	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	2.6%	2,347,000	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	46.6%	-0.29	-0.53	-0.92	-1.02	-0.98	-1.11	-1.15	-1.33	-1.21	-0.91	-0.69	-0.25	-0.11	-
Interest Expenses	-16.6%	161,000	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	-100.0%	-	5,000	-	5,000	-	1,000	-5,000	26,000	7,000	9,000	15,000	2,000	5,000	-
Earnings Before Taxes	147.3%	3,274,000	-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	49.8%	-0.31	-0.61	-1.01	-1.11	-1.07	-1.15	-1.18	-1.36	-1.25	-0.95	-0.72	-0.28	-0.14	-
Net Income	147.3%	3,274,000	-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	49.8%	-0.31	-0.61	-1.01	-1.11	-1.07	-1.15	-1.18	-1.36	-1.25	-0.95	-0.71	-0.27	-0.22	-
Free Cashflow	-111.2%	-3,339,000	-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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3
Assets	-0.7%	44.00	44.00	42.00	57.00	66.00	58.00	81.00	102	124	140	160	231	231	40.00	232
Current Assets	0.2%	40.00	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	11.1%	18.00	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	19.2%	8.00	6.00	11.00	12.00	15.00	19.00	24.00	29.00	25.00	18.00	10.00	-	-	8.00	-
Net PPE	-24.7%	0.00	0.00	0.00	1.00	1.00	1.00	1.00	2.00	2.00	2.00	2.00	-	-	2.00	-
Liabilities	-11.1%	66.00	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	-12.5%	39.00	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	-	-	-	1.00	2.00	4.00	-	-	-	6.00	8.00	9.00	-	-	10.00	-
LT Debt, Current	-32.2%	4.00	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	-	-	-	1.00	2.00	4.00	-	-	-	6.00	8.00	9.00	-	-	10.00	-
Shareholder's Equity	12.2%	-32.93	-37.53	-	-	-20.17	-10.63	4.00	22.00	30.00	55.00	77.00	5.00	5.00	5.00	5.00
Retained Earnings	1.3%	-252	-255	-248	-243	-234	-222	-203	-183	-172	-143	-119	-15.32	-6.73	-71.72	-0.58
Additional Paid-In Capital	0.6%	219	218	217	216	214	212	208	205	202	199	196	20.00	12.00	4.00	6.00
Shares Outstanding	2.5%	9.00	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	-
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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2
Cashflow From Operations	-111.9%	-3,339	-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	-2.8%	2,227	2,290	2,210	2,644	2,789	4,441	1,840	3,257	3,318	1,949	697	785	828	-	-	-
Cashflow From Investing	-86.2%	-54.00	-29.00	-11.00	-11.00	-8.00	-162	-160	-543	-700	-460	-851	-682	-27.00	-	-230,000	-
Cashflow From Financing	74.6%	5,233	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	-

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

OWLT Income Statement

2024-03-31

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Revenues	$ 14,750	$ 10,736
Cost of revenues	8,203	6,583
Gross profit	6,547	4,153
Operating expenses:
General and administrative	6,050	8,866
Sales and marketing	3,896	3,353
Research and development	2,347	2,890
Total operating expenses	12,293	15,109
Operating loss	(5,746)	(10,956)
Other income (expense):
Interest expense, net	(161)	(2,812)
Common stock warrant liability adjustment	9,179	1,912
Other (expense) income, net	2	(11)
Total other (expense) income, net	9,020	(911)
Income (loss) before income tax provision	3,274	(11,867)
Income tax provision	0	0
Net income (loss) and comprehensive income (loss)	3,274	(11,867)
Accretion on convertible preferred stock	(1,328)	(653)
Net income (loss) allocated to participating securities	(661)	0
Net Income (Loss) Available to Common Stockholders, Basic, Total	$ 1,285	$ (12,520)
Net loss per share attributable to common stockholders, basic (in dollars per share)	$ 0.15	$ (1.54)
Net loss per share attributable to common stockholders, diluted (in dollars per share)	$ (0.51)	$ (1.54)
Weighted-average common shares outstanding, basic (in shares)	8,740,059	8,110,387
Weighted-average number of shares outstanding, diluted (in shares)	9,617,825	8,110,387

OWLT Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 18,397	$ 16,557
Accounts receivable, net	11,596	13,973
Inventory	7,738	6,493
Prepaid expenses and other current assets	2,288	2,921
Total current assets	40,019	39,944
Property and equipment, net	284	377
Right of use assets, net	581	937
Intangible assets, net	2,209	2,210
Other assets	733	655
Total assets	43,826	44,123
Current liabilities:
Accounts payable	16,064	13,679
Accrued and other expenses	11,003	15,051
Current portion of deferred revenues	1,144	1,166
Line of credit	7,212	9,250
Current portion of long-term debt	4,032	5,944
Total current liabilities	39,455	45,090
Common stock warrant liabilities	25,457	27,781
Other long-term liabilities	705	928
Total liabilities	65,617	73,799
Commitments and Contingencies
Stockholders’ deficit:
Common stock, $0.0001 par value, 107,142,857 shares authorized as of March 31, 2024 and December 31, 2023; 9,014,403 and 8,797,456 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively.	1	1
Additional paid-in capital	219,450	218,127
Accumulated deficit	(252,385)	(255,659)
Total stockholders’ deficit	(32,934)	(37,531)
Total liabilities, convertible preferred stock, and stockholders’ deficit	43,826	44,123
Series A Convertible Preferred Stock
Current liabilities:
Series A convertible preferred stock, $0.0001 par value, 27,450 and 28,628 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively	8,735	7,855
Series B Convertible Preferred Stock
Current liabilities:
Series A convertible preferred stock, $0.0001 par value, 27,450 and 28,628 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively	$ 2,408	$ 0

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 Thu May 16 2024, market cap of Owlet, Inc. is 36.1 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 Thu May 16 2024, OWLT's PE ratio (Price to Earnings) is -2.03 and Price to Sales (PS) ratio is 0.62. 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.