Head-To-Head Analysis: Horizon Quantum Computing Pte. (HQ) versus The Competition

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

Analyst Recommendations

This is a breakdown of recent ratings and price targets for Horizon Quantum Computing Pte. and its competitors, as provided by MarketBeat.

	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	5406	20915	43652	1435	2.58

Horizon Quantum Computing Pte. presently has a consensus target price of $20.50, suggesting a potential upside of 2.86%. As a group, “Software” companies have a potential upside of 268.57%. Given Horizon Quantum Computing Pte.’s competitors stronger consensus rating and higher probable upside, analysts plainly believe Horizon Quantum Computing Pte. has less favorable growth aspects than its competitors.

Earnings & Valuation

This table compares Horizon Quantum Computing Pte. and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Horizon Quantum Computing Pte.	$360,000.00	-$17.82 million	-43.33
Horizon Quantum Computing Pte. Competitors	$1.79 billion	$385.95 million	82.22

Horizon Quantum Computing Pte.’s competitors 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 competitors, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Horizon Quantum Computing Pte. and its competitors’ 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	-630.18%	30.95%	-9.07%

Insider & 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 company insiders. Comparatively, 19.8% of shares of all “Software” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

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 competitors have a beta of 1.20, indicating that their average share price is 20% more volatile than the S&P 500.

Summary

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

Horizon Quantum Computing Pte. Company Profile

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.