Reviewing Horizon Quantum Computing Pte. (HQ) and The Competition

Horizon Quantum Computing Pte. (NASDAQ:HQ) is one of 959 public companies in the “Software” industry, but how does it weigh in compared to its peers? We will compare Horizon Quantum Computing Pte. to related companies based on the strength of its risk, profitability, earnings, institutional ownership, dividends, analyst recommendations and valuation.

Valuation and Earnings

This table compares Horizon Quantum Computing Pte. and its peers revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Horizon Quantum Computing Pte.	N/A	-$17.82 million	-42.54
Horizon Quantum Computing Pte. Competitors	$1.82 billion	$385.13 million	82.42

Horizon Quantum Computing Pte.’s peers 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 peers, 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, 19.9% 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 company will outperform the market over the long term.

Profitability

This table compares Horizon Quantum Computing Pte. and its peers’ 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	-630.18%	30.95%	-9.07%

Analyst Recommendations

This is a breakdown of current recommendations for Horizon Quantum Computing Pte. and its peers, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Horizon Quantum Computing Pte.	1	0	2	0	2.33
Horizon Quantum Computing Pte. Competitors	5414	20933	43693	1438	2.58

Horizon Quantum Computing Pte. currently has a consensus target price of $20.50, suggesting a potential upside of 4.75%. As a group, “Software” companies have a potential upside of 271.74%. Given Horizon Quantum Computing Pte.’s peers stronger consensus rating and higher possible upside, analysts plainly believe Horizon Quantum Computing Pte. has less favorable growth aspects than its peers.

Risk & Volatility

Horizon Quantum Computing Pte. has a beta of 0.31, meaning that its share price is 69% less volatile than the S&P 500. Comparatively, Horizon Quantum Computing Pte.’s peers have a beta of 1.19, meaning that their average share price is 19% more volatile than the S&P 500.

Summary

Horizon Quantum Computing Pte. peers beat Horizon Quantum Computing Pte. on 9 of the 13 factors compared.

Horizon Quantum Computing Pte. Company Profile

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.