Horizon Quantum Computing Pte. (HQ) versus Its Peers Critical Comparison

Horizon Quantum Computing Pte. (NASDAQ:HQ) is one of 958 public companies in the “Software” industry, but how does it contrast to its rivals? We will compare Horizon Quantum Computing Pte. to related businesses based on the strength of its analyst recommendations, profitability, valuation, earnings, dividends, risk and institutional ownership.

Risk and Volatility

Horizon Quantum Computing Pte. has a beta of 0.11, indicating that its stock price is 89% less volatile than the S&P 500. Comparatively, Horizon Quantum Computing Pte.’s rivals have a beta of 1.18, indicating that their average stock price is 18% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent ratings and target prices 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	1	0	2.00
Horizon Quantum Computing Pte. Competitors	5204	20624	43051	1408	2.58

Horizon Quantum Computing Pte. currently has a consensus target price of $20.00, suggesting a potential upside of 65.56%. As a group, “Software” companies have a potential upside of 287.10%. Given Horizon Quantum Computing Pte.’s rivals stronger consensus rating and higher probable upside, analysts clearly believe Horizon Quantum Computing Pte. has less favorable growth aspects than its rivals.

Earnings & Valuation

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	-6.16
Horizon Quantum Computing Pte. Competitors	$1.81 billion	$325.92 million	81.90

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.

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	-390.47%	-36.04%
Horizon Quantum Computing Pte. Competitors	-625.29%	54.04%	-8.19%

Institutional and Insider Ownership

72.9% of Horizon Quantum Computing Pte. shares are owned by institutional investors. Comparatively, 42.4% 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, 20.0% of shares of all “Software” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Summary

Horizon Quantum Computing Pte. rivals beat Horizon Quantum Computing Pte. on 10 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.