Contrasting IonQ (NYSE:IONQ) and Everpure (NYSE:P)

IonQ (NYSE:IONQ) and Everpure (NYSE:P) are both large-cap technology companies, but which is the superior investment? We will compare the two companies based on the strength of their dividends, valuation, earnings, institutional ownership, analyst recommendations, risk and profitability.

Profitability

This table compares IonQ and Everpure’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
IonQ	-553.27%	-22.29%	-13.20%
Everpure	5.75%	15.97%	5.07%

Analyst Recommendations

This is a summary of recent recommendations for IonQ and Everpure, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
IonQ	1	4	9	0	2.57
Everpure	1	4	16	0	2.71

IonQ currently has a consensus price target of $69.92, indicating a potential upside of 50.85%. Everpure has a consensus price target of $101.45, indicating a potential downside of 14.27%. Given IonQ’s higher possible upside, research analysts plainly believe IonQ is more favorable than Everpure.

Insider and Institutional Ownership

41.4% of IonQ shares are owned by institutional investors. Comparatively, 83.4% of Everpure shares are owned by institutional investors. 0.5% of IonQ shares are owned by insiders. Comparatively, 5.1% of Everpure shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Volatility and Risk

IonQ has a beta of 3.28, indicating that its share price is 228% more volatile than the S&P 500. Comparatively, Everpure has a beta of 1.45, indicating that its share price is 45% more volatile than the S&P 500.

Earnings and Valuation

This table compares IonQ and Everpure”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
IonQ	$246.47 million	71.65	-$510.38 million	($4.66)	-9.95
Everpure	$3.66 billion	10.74	$188.18 million	$0.66	179.30

Everpure has higher revenue and earnings than IonQ. IonQ is trading at a lower price-to-earnings ratio than Everpure, indicating that it is currently the more affordable of the two stocks.

Summary

Everpure beats IonQ on 11 of the 14 factors compared between the two stocks.

About IonQ

IonQ, Inc. engages in the development of general-purpose quantum computing systems in the United States. It sells access to quantum computers of various qubit capacities. The company makes access to its quantum computers through cloud platforms, such as Amazon Web Services (AWS) Amazon Braket, Microsoft’s Azure Quantum, and Google’s Cloud Marketplace, as well as through its cloud service. It also provides contracts associated with the design, development, and construction of specialized quantum computing hardware systems; maintenance and support services; and consulting services related to co-developing algorithms on quantum computing systems. The company was founded in 2015 and is headquartered in College Park, Maryland.

About Everpure

Pure Storage, Inc. provides data storage technologies, products, and services in the United States and internationally. The company’s Purity software is shared across its products and provides enterprise-class data services, such as data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. Its products portfolio includes FlashArray for block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; FlashArray//XL; and FlashArray//C, an all-QLC flash array. The company also provides FlashBlade, a solution for unstructured data workloads of various types; FlashStack that combines compute, network, and storage to provide an infrastructure platform; FlashRecover, an all-flash modern data-protection solution; and AIRI, a full-stack AI-ready infrastructure. In addition, it offers evergreen storage subscription, Pure as-a-Service, and Cloud Block Store, as well as Portworx a cloud-native Kubernetes data management solution It also offers technical and professional, training and education, and certification services. The company sells its products and subscription services through direct sales force and channel partners. The company was formerly known as OS76, Inc. and changed its name to Pure Storage, Inc. in January 2010. Pure Storage, Inc. was incorporated in 2009 and is headquartered in Mountain View, California.