Quantum Computing (NASDAQ:QUBT – Get Free Report) is one of 254 publicly-traded companies in the “INTERNET SOFTWARE” industry, but how does it compare to its peers? We will compare Quantum Computing to related businesses based on the strength of its profitability, valuation, earnings, analyst recommendations, institutional ownership, dividends and risk.
Earnings and Valuation
This table compares Quantum Computing and its peers revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Quantum Computing | $370,000.00 | N/A | -41.42 |
Quantum Computing Competitors | $2.13 billion | $337.48 million | -6.19 |
Quantum Computing’s peers have higher revenue and earnings than Quantum Computing. Quantum Computing is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Analyst Ratings
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Quantum Computing | 0 | 1 | 1 | 0 | 2.50 |
Quantum Computing Competitors | 1327 | 9578 | 19319 | 451 | 2.62 |
Quantum Computing presently has a consensus target price of $18.50, indicating a potential downside of 6.94%. As a group, “INTERNET SOFTWARE” companies have a potential upside of 10.74%. Given Quantum Computing’s peers stronger consensus rating and higher probable upside, analysts clearly believe Quantum Computing has less favorable growth aspects than its peers.
Insider and Institutional Ownership
4.3% of Quantum Computing shares are owned by institutional investors. Comparatively, 60.6% of shares of all “INTERNET SOFTWARE” companies are owned by institutional investors. 19.3% of Quantum Computing shares are owned by insiders. Comparatively, 18.1% of shares of all “INTERNET SOFTWARE” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Profitability
This table compares Quantum Computing and its peers’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Quantum Computing | N/A | N/A | N/A |
Quantum Computing Competitors | -190.25% | -56.17% | -6.56% |
Volatility and Risk
Quantum Computing has a beta of 3.96, indicating that its stock price is 296% more volatile than the S&P 500. Comparatively, Quantum Computing’s peers have a beta of 1.16, indicating that their average stock price is 16% more volatile than the S&P 500.
Summary
Quantum Computing peers beat Quantum Computing on 6 of the 11 factors compared.
Quantum Computing Company Profile
Quantum Computing Inc., an integrated photonics company, offers accessible and affordable quantum machines. The company offers Dirac systems are portable, low power, and room temperature qubit and qudit entropy quantum computers (EQC); reservoir computing; remote sensing; and single photon imaging. It also provides Quantum random number generator (uQRNG), a portable device that provides genuine random numbers directly from quantum processes; and quantum authentication which eliminates vulnerabilities inherent in classical cryptographic schemes by offering a comprehensive entanglement-based quantum cyber solution that seamlessly integrates into existing telecom fiber and communication infrastructure. The company was formerly known as Innovative Beverage Group Holdings, Inc. Quantum Computing, Inc. was incorporated in 2018 and is based in Hoboken, New Jersey.
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