Critical Analysis: Corsair Gaming (NASDAQ:CRSR) & Everpure (NYSE:P)

Corsair Gaming (NASDAQ:CRSR) and Everpure (NYSE:P) are both technology companies, but which is the better business? We will contrast the two companies based on the strength of their profitability, institutional ownership, earnings, risk, analyst recommendations, dividends and valuation.

Institutional & Insider Ownership

25.7% of Corsair Gaming shares are held by institutional investors. Comparatively, 83.4% of Everpure shares are held by institutional investors. 54.5% of Corsair Gaming shares are held by insiders. Comparatively, 5.1% of Everpure shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Risk & Volatility

Corsair Gaming has a beta of 1.86, indicating that its stock price is 86% more volatile than the S&P 500. Comparatively, Everpure has a beta of 1.39, indicating that its stock price is 39% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of recent ratings and target prices for Corsair Gaming and Everpure, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Corsair Gaming	1	4	4	0	2.33
Everpure	1	2	18	1	2.86

Corsair Gaming presently has a consensus price target of $12.00, suggesting a potential downside of 12.60%. Everpure has a consensus price target of $143.25, suggesting a potential upside of 4.46%. Given Everpure’s stronger consensus rating and higher possible upside, analysts clearly believe Everpure is more favorable than Corsair Gaming.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Corsair Gaming	2.36%	13.10%	6.88%
Everpure	5.94%	19.06%	5.89%

Valuation & Earnings

This table compares Corsair Gaming and Everpure”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Corsair Gaming	$1.47 billion	1.01	-$12.47 million	$0.30	45.77
Everpure	$3.66 billion	12.48	$188.18 million	$0.73	187.85

Everpure has higher revenue and earnings than Corsair Gaming. Corsair Gaming 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 Corsair Gaming on 12 of the 15 factors compared between the two stocks.

About Corsair Gaming

Corsair Gaming, Inc., together with its subsidiaries, designs, develops, markets, and sells gaming and streaming peripherals, components and systems in the Americas, Europe, the Middle East, and the Asia Pacific. It offers gamer and creator peripherals, including gaming keyboards, mice, headsets, controllers, and streaming products, such as capture cards, stream decks, microphones and audio interfaces, facecam streaming cameras, studio accessories, gaming furniture, and other related products. The company also provides gaming components and systems comprising power supply units, cooling solutions, computer cases, and DRAM modules, as well as prebuilt and custom-built gaming PCs and laptops, gaming monitors, and others; and PC gaming software comprising iCUE for gamers and Elgato streaming suite for content creators, as well as digital services. It sells its products through e-retail, retail, and direct-to-consumer channels and distributors. Corsair Gaming, Inc. was formerly known as Corsair Components (Cayman) Ltd and changed its name to Corsair Gaming, Inc in August 2017. The company was incorporated in 1994 and is headquartered in Milpitas, California.

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.