Critical Analysis: XG Technology (XGTI) & Its Rivals
XG Technology (NASDAQ: XGTI) is one of 65 public companies in the “Communications & Networking” industry, but how does it weigh in compared to its peers? We will compare XG Technology to similar businesses based on the strength of its risk, dividends, earnings, profitability, valuation, analyst recommendations and institutional ownership.
This table compares XG Technology and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|XG Technology Competitors||-3.84%||-9.10%||-0.91%|
This is a breakdown of recent ratings and target prices for XG Technology and its peers, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|XG Technology Competitors||390||2389||3972||165||2.57|
XG Technology presently has a consensus target price of $3.75, suggesting a potential upside of 127.27%. As a group, “Communications & Networking” companies have a potential upside of 14.89%. Given XG Technology’s stronger consensus rating and higher probable upside, research analysts clearly believe XG Technology is more favorable than its peers.
Volatility & Risk
XG Technology has a beta of -0.84, meaning that its stock price is 184% less volatile than the S&P 500. Comparatively, XG Technology’s peers have a beta of 1.13, meaning that their average stock price is 13% more volatile than the S&P 500.
Valuation & Earnings
This table compares XG Technology and its peers top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|XG Technology||$6.57 million||-$20.90 million||-0.01|
|XG Technology Competitors||$3.30 billion||$346.31 million||-86.53|
XG Technology’s peers have higher revenue and earnings than XG Technology. XG Technology 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.
Institutional and Insider Ownership
2.3% of XG Technology shares are held by institutional investors. Comparatively, 62.1% of shares of all “Communications & Networking” companies are held by institutional investors. 2.8% of XG Technology shares are held by company insiders. Comparatively, 12.4% of shares of all “Communications & Networking” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
XG Technology peers beat XG Technology on 9 of the 12 factors compared.
About XG Technology
xG Technology, Inc. develops a portfolio of intellectual property, which is embedded in its software algorithms that offer cognitive interference mitigation and spectrum access solutions for a range of applications using commercial off the shelf devices. The Company is a provider of wireless video solutions to broadcast, law enforcement and defense markets, and private mobile broadband networks for use in a range of environments. The Company markets its technology solutions across three business units: Integrated Microwave Technologies (IMT), Vislink Communication Systems and xMax. The Company offers a range of frequency-agnostic cognitive radio solutions. It focuses on various industries across the world, such as telecommunications, cable, defense and public safety, municipal governments, critical infrastructure and markets ranging from rural to urban areas and expeditionary deployments.
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