QLogic (NASDAQ: QLGC) is one of 31 public companies in the “Computer Hardware” industry, but how does it weigh in compared to its peers? We will compare QLogic to related businesses based on the strength of its profitability, institutional ownership, analyst recommendations, dividends, valuation, risk and earnings.

Insider & Institutional Ownership

62.1% of shares of all “Computer Hardware” companies are held by institutional investors. 13.9% of shares of all “Computer Hardware” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Risk & Volatility

QLogic has a beta of 1.11, suggesting that its share price is 11% more volatile than the S&P 500. Comparatively, QLogic’s peers have a beta of 1.29, suggesting that their average share price is 29% more volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of current ratings and price targets for QLogic and its peers, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
QLogic 0 0 0 0 N/A
QLogic Competitors 270 1432 3182 116 2.63

As a group, “Computer Hardware” companies have a potential upside of 2.24%. Given QLogic’s peers higher possible upside, analysts plainly believe QLogic has less favorable growth aspects than its peers.

Profitability

This table compares QLogic and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
QLogic 15.71% 9.67% 8.76%
QLogic Competitors 3.69% 10.03% 5.95%

Valuation & Earnings

This table compares QLogic and its peers gross revenue, earnings per share (EPS) and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
QLogic N/A N/A 21.43
QLogic Competitors $21.04 billion $4.38 billion 19.78

QLogic’s peers have higher revenue and earnings than QLogic. QLogic is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Summary

QLogic peers beat QLogic on 6 of the 8 factors compared.

QLogic Company Profile

QLogic Corporation (QLogic), designs and supplies server and storage networking connectivity products that provide and manage computer data communication. The Company’s products facilitate the transfer of data and enable resource sharing between servers, networks and storage. Its products are used in enterprise, managed service provider, consumer Web, and cloud service provider data centers. Its products are based primarily on Fiber Channel and Ethernet technologies and are used in connection with storage networks, data networks and converged networks. Storage networks are used to provide access to storage across enterprise environments. Fibre Channel is a technology for enterprise storage networking. Data networks are used to provide workstation-to-server, server-to-server, and server-to-storage connectivity using Ethernet. Converged networks are designed to address the data center by consolidating and unifying storage and data networks, using high-speed Ethernet.

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