Critical Survey: QuickLogic (QUIK) & Its Rivals

QuickLogic (NASDAQ:QUIK) is one of 221 publicly-traded companies in the “Semiconductors & Semiconductor Equipment” industry, but how does it contrast to its rivals? We will compare QuickLogic to similar businesses based on the strength of its profitability, risk, valuation, analyst recommendations, dividends, institutional ownership and earnings.

Profitability

This table compares QuickLogic and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
QuickLogic	-80.18%	-45.22%	-27.93%
QuickLogic Competitors	-1,267.00%	-126.31%	-3.96%

Earnings & Valuation

This table compares QuickLogic and its rivals revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
QuickLogic	$16.30 million	-$14.82 million	-11.00
QuickLogic Competitors	$1,259.16 billion	$2.53 billion	8.55

QuickLogic’s rivals have higher revenue and earnings than QuickLogic. QuickLogic 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.

Risk & Volatility

QuickLogic has a beta of 1.18, indicating that its share price is 18% more volatile than the S&P 500. Comparatively, QuickLogic’s rivals have a beta of 2.80, indicating that their average share price is 180% more volatile than the S&P 500.

Insider & Institutional Ownership

31.5% of QuickLogic shares are owned by institutional investors. Comparatively, 54.7% of shares of all “Semiconductors & Semiconductor Equipment” companies are owned by institutional investors. 3.2% of QuickLogic shares are owned by insiders. Comparatively, 11.9% of shares of all “Semiconductors & Semiconductor Equipment” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Analyst Ratings

This is a breakdown of current ratings and recommmendations for QuickLogic and its rivals, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
QuickLogic	1	1	2	0	2.25
QuickLogic Competitors	3505	12364	25802	999	2.57

QuickLogic presently has a consensus price target of $21.00, indicating a potential upside of 147.93%. As a group, “Semiconductors & Semiconductor Equipment” companies have a potential upside of 42.60%. Given QuickLogic’s higher probable upside, equities analysts plainly believe QuickLogic is more favorable than its rivals.

Summary

QuickLogic rivals beat QuickLogic on 10 of the 13 factors compared.

About QuickLogic

QuickLogic Corporation operates as a fabless semiconductor company in the United States. The company offers embedded FPGA intellectual property, low power, multicore semiconductor system-on-chips, discrete FPGAs, and AI software; and end-to-end artificial intelligence/machine learning solution with accurate sensor algorithms using AI technology. It provides various platforms, such as software tools and eFPGA IP enables the adoption of AI, voice, and sensor processing across aerospace, and defense, consumer/industrial IOT, and consumer electronics markets. In addition, the company engages in the eFPGA IP Licensing business consisting of development and integration of eFPGA technology into custom semiconductor solutions. Further, the company offers silicon products, such as EOS, QuickAI, ArcticLink III, PolarPro 3, PolarPro II, PolarPro, and Eclipse II products; and PASIC 3 and QuickRAM, as well as programming hardware and design software services. The company markets and sells its products to defense industrial base contractors, U.S. government entities, system OEMs, and fabless semiconductor companies through a network of sales managers and distributors in North America, Europe, and the Asia Pacific. It has a strategic partnership with YorChip to develop low-power unified chiplet interconnect express FPGA chiplets. The company was founded in 1988 and is headquartered in San Jose, California.