Quantum Computing (NASDAQ:QUBT – Get Free Report) is one of 255 publicly-traded companies in the “INTERNET SOFTWARE” industry, but how does it contrast to its rivals? We will compare Quantum Computing to related businesses based on the strength of its analyst recommendations, dividends, institutional ownership, earnings, profitability, valuation and risk.
Volatility & Risk
Quantum Computing has a beta of 3.85, indicating that its share price is 285% more volatile than the S&P 500. Comparatively, Quantum Computing’s rivals have a beta of 1.12, indicating that their average share price is 12% more volatile than the S&P 500.
Insider & Institutional Ownership
4.3% of Quantum Computing shares are owned by institutional investors. Comparatively, 60.5% of shares of all “INTERNET SOFTWARE” companies are owned by institutional investors. 19.3% of Quantum Computing shares are owned by insiders. Comparatively, 18.0% 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.
Analyst Recommendations
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Quantum Computing | 0 | 0 | 1 | 0 | 3.00 |
Quantum Computing Competitors | 1521 | 10066 | 19394 | 458 | 2.60 |
Quantum Computing currently has a consensus target price of $22.00, suggesting a potential upside of 27.24%. As a group, “INTERNET SOFTWARE” companies have a potential upside of 12.01%. Given Quantum Computing’s stronger consensus rating and higher possible upside, equities research analysts clearly believe Quantum Computing is more favorable than its rivals.
Earnings and Valuation
This table compares Quantum Computing and its rivals revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Quantum Computing | $370,000.00 | N/A | -36.02 |
Quantum Computing Competitors | $2.12 billion | $335.56 million | -0.90 |
Quantum Computing’s rivals have higher revenue and earnings than Quantum Computing. Quantum Computing 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.
Profitability
This table compares Quantum Computing and its rivals’ 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 | -235.90% | -56.28% | -7.36% |
Summary
Quantum Computing beats its rivals on 8 of the 12 factors compared.
About Quantum Computing
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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