RGTI vs. QUIK, STEM, CANG, COMM, LLAP, EGAN, CAN, TCX, ITI, and OPRX
Should you be buying Rigetti Computing stock or one of its competitors? The main competitors of Rigetti Computing include QuickLogic (QUIK), Stem (STEM), Cango (CANG), CommScope (COMM), Terran Orbital (LLAP), eGain (EGAN), Canaan (CAN), Tucows (TCX), Iteris (ITI), and OptimizeRx (OPRX). These companies are all part of the "computer and technology" sector.
QuickLogic (NASDAQ:QUIK) and Rigetti Computing (NASDAQ:RGTI) are both small-cap computer and technology companies, but which is the better business? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, valuation, profitability, risk, dividends, media sentiment, community ranking and earnings.
QuickLogic has a net margin of 4.65% compared to QuickLogic's net margin of -563.97%. Rigetti Computing's return on equity of 6.57% beat QuickLogic's return on equity.
QuickLogic presently has a consensus price target of $14.50, suggesting a potential upside of 21.44%. Rigetti Computing has a consensus price target of $3.17, suggesting a potential upside of 175.36%. Given QuickLogic's higher probable upside, analysts plainly believe Rigetti Computing is more favorable than QuickLogic.
31.5% of QuickLogic shares are held by institutional investors. Comparatively, 35.4% of Rigetti Computing shares are held by institutional investors. 2.5% of QuickLogic shares are held by insiders. Comparatively, 2.6% of Rigetti Computing shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
QuickLogic has a beta of 1.61, suggesting that its share price is 61% more volatile than the S&P 500. Comparatively, Rigetti Computing has a beta of 2.45, suggesting that its share price is 145% more volatile than the S&P 500.
In the previous week, Rigetti Computing had 6 more articles in the media than QuickLogic. MarketBeat recorded 17 mentions for Rigetti Computing and 11 mentions for QuickLogic. Rigetti Computing's average media sentiment score of 0.56 beat QuickLogic's score of 0.02 indicating that QuickLogic is being referred to more favorably in the media.
QuickLogic received 203 more outperform votes than Rigetti Computing when rated by MarketBeat users. However, 63.64% of users gave Rigetti Computing an outperform vote while only 55.78% of users gave QuickLogic an outperform vote.
QuickLogic has higher revenue and earnings than Rigetti Computing. Rigetti Computing is trading at a lower price-to-earnings ratio than QuickLogic, indicating that it is currently the more affordable of the two stocks.
Summary
QuickLogic beats Rigetti Computing on 9 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding RGTI and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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