WiSA Technologies (NASDAQ:WISA) & NeoMagic (OTCMKTS:NMGC) Critical Survey

WiSA Technologies (NASDAQ:WISAGet Free Report) and NeoMagic (OTCMKTS:NMGCGet Free Report) are both computer and technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their dividends, risk, earnings, profitability, valuation, analyst recommendations and institutional ownership.

Earnings & Valuation

This table compares WiSA Technologies and NeoMagic”s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
WiSA Technologies $2.08 million 5.59 -$18.72 million N/A N/A
NeoMagic N/A N/A N/A N/A N/A

NeoMagic has lower revenue, but higher earnings than WiSA Technologies.

Risk & Volatility

WiSA Technologies has a beta of -0.38, suggesting that its share price is 138% less volatile than the S&P 500. Comparatively, NeoMagic has a beta of 0.39, suggesting that its share price is 61% less volatile than the S&P 500.

Profitability

This table compares WiSA Technologies and NeoMagic’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
WiSA Technologies -2,930.80% N/A -217.45%
NeoMagic N/A N/A N/A

Analyst Ratings

This is a breakdown of recent recommendations and price targets for WiSA Technologies and NeoMagic, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
WiSA Technologies 0 1 1 0 2.50
NeoMagic 0 0 0 0 0.00

WiSA Technologies currently has a consensus target price of $14.00, suggesting a potential upside of 576.33%. Given WiSA Technologies’ stronger consensus rating and higher possible upside, equities research analysts clearly believe WiSA Technologies is more favorable than NeoMagic.

Insider and Institutional Ownership

0.7% of WiSA Technologies shares are owned by institutional investors. 0.1% of WiSA Technologies shares are owned by company insiders. Comparatively, 12.7% of NeoMagic shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Summary

WiSA Technologies beats NeoMagic on 5 of the 9 factors compared between the two stocks.

About WiSA Technologies

(Get Free Report)

WiSA Technologies, Inc. develops, manufactures, and sells audio wireless technology for smart devices and next-generation home entertainment systems in the United States and Europe. The company offers wireless modules. It serves primarily to consumer electronics companies. The company was formerly known as Summit Wireless Technologies, Inc. and changed its name to WiSA Technologies Inc. in March 2022. WiSA Technologies, Inc. was incorporated in 2010 and is headquartered in Beaverton, Oregon.

About NeoMagic

(Get Free Report)

NeoMagic Corporation designs and delivers semiconductors and software solutions for video, television, imaging, graphic, and audio devices. It offers microcontrollers; horizon digital picture frame and digital mobile TV solutions; and SOC processors, such as application processors and Neomobile TV solutions. The company, through its MercadoMagico.com division, operates an e-Commerce platform that allows user to buy and sell products from one another or buy premium electronic products. It sells its applications processors under the MiMagic brand name. The company was founded in 1993 and is based in Milpitas, California.

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