Contrasting Horizon Quantum Computing Pte. (HQ) and Its Rivals

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

Profitability

This table compares Horizon Quantum Computing Pte. and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Horizon Quantum Computing Pte.	N/A	-390.47%	-36.04%
Horizon Quantum Computing Pte. Competitors	-625.29%	54.04%	-8.19%

Valuation & Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Horizon Quantum Computing Pte.	N/A	-$17.82 million	-6.16
Horizon Quantum Computing Pte. Competitors	$1.81 billion	$325.92 million	81.90

Horizon Quantum Computing Pte.’s competitors 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 competitors, indicating that it is currently more affordable than other companies in its industry.

Analyst Recommendations

This is a summary of current recommendations and price targets for Horizon Quantum Computing Pte. and its competitors, 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	5204	20624	43051	1408	2.58

Horizon Quantum Computing Pte. presently has a consensus target price of $20.00, suggesting a potential upside of 65.56%. As a group, “Software” companies have a potential upside of 287.10%. Given Horizon Quantum Computing Pte.’s competitors stronger consensus rating and higher probable upside, analysts clearly believe Horizon Quantum Computing Pte. has less favorable growth aspects than its competitors.

Volatility and Risk

Horizon Quantum Computing Pte. has a beta of 0.11, meaning that its stock price is 89% less volatile than the S&P 500. Comparatively, Horizon Quantum Computing Pte.’s competitors have a beta of 1.18, meaning that their average stock price is 18% more volatile than the S&P 500.

Institutional & Insider 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 insiders. Comparatively, 20.0% of shares of all “Software” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Summary

Horizon Quantum Computing Pte. competitors 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.