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

Profitability

This table compares QLogic and its competitors’ 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 3.78% 13.57% 5.87%

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for QLogic and its competitors, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
QLogic 0 0 0 0 N/A
QLogic Competitors 271 1436 3194 117 2.63

As a group, “Computer Hardware” companies have a potential upside of 2.33%. Given QLogic’s competitors higher probable upside, analysts clearly believe QLogic has less favorable growth aspects than its competitors.

Risk and Volatility

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

Earnings and Valuation

This table compares QLogic and its competitors top-line revenue, earnings per share and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
QLogic N/A N/A 21.43
QLogic Competitors $21.04 billion $4.38 billion 61.00

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

Institutional & Insider Ownership

61.9% of shares of all “Computer Hardware” companies are held by institutional investors. 13.9% of shares of all “Computer Hardware” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Summary

QLogic competitors 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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