Contrasting Horizon Quantum Computing Pte. (HQ) & Its Rivals

Horizon Quantum Computing Pte. (NASDAQ:HQ) is one of 959 publicly-traded companies in the “Software” industry, but how does it contrast to its rivals? We will compare Horizon Quantum Computing Pte. to related companies based on the strength of its valuation, institutional ownership, dividends, earnings, analyst recommendations, risk and profitability.

Valuation & Earnings

This table compares Horizon Quantum Computing Pte. and its rivals revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Horizon Quantum Computing Pte.	N/A	-$17.82 million	-37.83
Horizon Quantum Computing Pte. Competitors	$1.79 billion	$385.97 million	73.51

Horizon Quantum Computing Pte.’s rivals have higher revenue and earnings than Horizon Quantum Computing Pte.. Horizon Quantum Computing Pte. 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.

Risk & Volatility

Horizon Quantum Computing Pte. has a beta of 0.3, indicating that its share price is 70% less volatile than the S&P 500. Comparatively, Horizon Quantum Computing Pte.’s rivals have a beta of 1.19, indicating that their average share price is 19% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of current ratings and price targets for Horizon Quantum Computing Pte. and its rivals, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Horizon Quantum Computing Pte.	1	0	2	0	2.33
Horizon Quantum Computing Pte. Competitors	5388	20894	43625	1427	2.58

Horizon Quantum Computing Pte. presently has a consensus target price of $20.50, suggesting a potential upside of 17.82%. As a group, “Software” companies have a potential upside of 270.89%. Given Horizon Quantum Computing Pte.’s rivals stronger consensus rating and higher probable upside, analysts plainly believe Horizon Quantum Computing Pte. has less favorable growth aspects than its rivals.

Insider and Institutional Ownership

72.9% of Horizon Quantum Computing Pte. shares are owned by institutional investors. Comparatively, 42.3% of shares of all “Software” companies are owned by institutional investors. 36.5% of Horizon Quantum Computing Pte. shares are owned by insiders. Comparatively, 19.8% of shares of all “Software” companies are owned 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.

Profitability

This table compares Horizon Quantum Computing Pte. and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Horizon Quantum Computing Pte.	N/A	-103.04%	-29.31%
Horizon Quantum Computing Pte. Competitors	-630.22%	30.94%	-9.08%

Summary

Horizon Quantum Computing Pte. rivals beat Horizon Quantum Computing Pte. on 9 of the 13 factors compared.

About Horizon Quantum Computing Pte.

dMY Squared Technology Group Inc. is a blank check company. It formed for the purpose to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. dMY Squared Technology Group Inc. is based in LAS VEGAS.