Wolfspeed (NASDAQ:WOLF – Get Rating) is one of 165 publicly-traded companies in the “Semiconductors & related devices” industry, but how does it weigh in compared to its rivals? We will compare Wolfspeed to similar companies based on the strength of its risk, profitability, institutional ownership, valuation, analyst recommendations, earnings and dividends.
Risk & Volatility
Wolfspeed has a beta of 1.36, meaning that its stock price is 36% more volatile than the S&P 500. Comparatively, Wolfspeed’s rivals have a beta of 1.52, meaning that their average stock price is 52% more volatile than the S&P 500.
Institutional and Insider Ownership
54.9% of shares of all “Semiconductors & related devices” companies are held by institutional investors. 0.6% of Wolfspeed shares are held by company insiders. Comparatively, 9.9% of shares of all “Semiconductors & related devices” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
As a group, “Semiconductors & related devices” companies have a potential upside of 18.18%. Given Wolfspeed’s rivals higher probable upside, analysts clearly believe Wolfspeed has less favorable growth aspects than its rivals.
This table compares Wolfspeed and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Valuation and Earnings
This table compares Wolfspeed and its rivals top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Wolfspeed||$746.20 million||-$200.90 million||-70.18|
|Wolfspeed Competitors||$3.76 billion||$783.22 million||13.51|
Wolfspeed’s rivals have higher revenue and earnings than Wolfspeed. Wolfspeed 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.
Wolfspeed rivals beat Wolfspeed on 8 of the 10 factors compared.
Wolfspeed, Inc. operates as a powerhouse semiconductor company focuses on silicon carbide and gallium nitride (GaN) technologies Europe, China, the United States, Japan, South Korea, and internationally. It offers silicon carbide and GaN materials, including silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers to manufacture products for RF, power, and other applications. The company also provides power devices, such as silicon carbide Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), and power modules for customers and distributors to use in applications, including electric vehicles comprising charging infrastructure, server power supplies, solar inverters, uninterruptible power supplies, industrial power supplies, and other applications. In addition, it offers RF devices comprising GaN-based die, high-electron mobility transistors, monolithic microwave integrated circuits, and laterally diffused MOSFET power transistors for telecommunications infrastructure, military, and other commercial applications. The company was formerly known as Cree, Inc. and changed its name to Wolfspeed, Inc. in October 2021. Wolfspeed, Inc. was founded in 1987 and is headquartered in Durham, North Carolina.
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