Financial Analysis: Horizon Quantum Computing Pte. (HQ) versus Its Competitors

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

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for Horizon Quantum Computing Pte. and its rivals, as provided 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	5222	20675	43132	1408	2.58

Horizon Quantum Computing Pte. currently has a consensus price target of $20.00, indicating a potential upside of 33.07%. As a group, “Software” companies have a potential upside of 277.38%. 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.

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	-625.59%	52.96%	-8.19%

Volatility & Risk

Horizon Quantum Computing Pte. has a beta of 0.3, suggesting that its share price is 70% less volatile than the S&P 500. Comparatively, Horizon Quantum Computing Pte.’s rivals have a beta of 1.18, suggesting that their average share price is 18% more volatile than the S&P 500.

Valuation & Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Horizon Quantum Computing Pte.	N/A	-$17.82 million	-7.67
Horizon Quantum Computing Pte. Competitors	$1.81 billion	$389.51 million	82.21

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.

Insider & Institutional Ownership

72.9% of Horizon Quantum Computing Pte. shares are held by institutional investors. Comparatively, 42.4% of shares of all “Software” companies are held by institutional investors. 36.5% of Horizon Quantum Computing Pte. shares are held by company insiders. Comparatively, 20.0% of shares of all “Software” companies are held by company 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.

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.