IGATE (IGTE) & The Competition Head-To-Head Contrast
IGATE (NASDAQ: IGTE) is one of 173 public companies in the “IT Services & Consulting” industry, but how does it contrast to its rivals? We will compare IGATE to related businesses based on the strength of its risk, valuation, profitability, earnings, analyst recommendations, dividends and institutional ownership.
Risk and Volatility
IGATE has a beta of 1.8, suggesting that its share price is 80% more volatile than the S&P 500. Comparatively, IGATE’s rivals have a beta of 1.11, suggesting that their average share price is 11% more volatile than the S&P 500.
This table compares IGATE and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
This is a breakdown of current ratings for IGATE and its rivals, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
As a group, “IT Services & Consulting” companies have a potential downside of 9.17%. Given IGATE’s rivals higher probable upside, analysts clearly believe IGATE has less favorable growth aspects than its rivals.
Earnings and Valuation
This table compares IGATE and its rivals revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|IGATE Competitors||$2.79 billion||$288.44 million||350.26|
IGATE’s rivals have higher revenue and earnings than IGATE. IGATE is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Insider and Institutional Ownership
63.0% of shares of all “IT Services & Consulting” companies are owned by institutional investors. 16.5% of shares of all “IT Services & Consulting” companies 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.
IGATE rivals beat IGATE on 5 of the 9 factors compared.
IGATE Corporation provides integrated technology and operations-based information technology solutions. The Company delivers a range of solutions and services across multiple domains and industries, including healthcare, life sciences, insurance, manufacturing, banking, financial services, business administrative services, data management services, product and engineering solutions, retail, consumer packaged goods, communications, energy, utility, media and entertainment.. It is an integrated technology and operations (ITOPS) company. The Company’s services include application development, application maintenance, business intelligence and analytics, cloud services, engineering design services, enterprise application solutions, enterprise mobility, infrastructure management services, product and engineering solutions embedded systems, product verification and validation, verification and validation and business process outsourcing (BPO).
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