Financial Analysis: QT Imaging (QTI) vs. Its Peers

QT Imaging (NASDAQ:QTI) is one of 517 public companies in the “Healthcare Equipment & Supplies” industry, but how does it weigh in compared to its rivals? We will compare QT Imaging to related companies based on the strength of its earnings, analyst recommendations, profitability, valuation, dividends, risk and institutional ownership.

Volatility & Risk

QT Imaging has a beta of -0.01, suggesting that its share price is 101% less volatile than the S&P 500. Comparatively, QT Imaging’s rivals have a beta of 2.49, suggesting that their average share price is 149% more volatile than the S&P 500.

Earnings & Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
QT Imaging	$22.66 million	-$21.08 million	-2.21
QT Imaging Competitors	$1.87 billion	$144.60 million	8.22

QT Imaging’s rivals have higher revenue and earnings than QT Imaging. QT Imaging 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.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
QT Imaging	-58.93%	-4,220.38%	-51.77%
QT Imaging Competitors	-283.99%	-291.34%	-21.69%

Insider & Institutional Ownership

24.2% of QT Imaging shares are owned by institutional investors. Comparatively, 39.8% of shares of all “Healthcare Equipment & Supplies” companies are owned by institutional investors. 25.4% of QT Imaging shares are owned by insiders. Comparatively, 14.8% of shares of all “Healthcare Equipment & Supplies” companies are owned 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.

Analyst Recommendations

This is a summary of recent ratings and price targets for QT Imaging and its rivals, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
QT Imaging	1	1	1	0	2.00
QT Imaging Competitors	4071	10102	17692	777	2.46

As a group, “Healthcare Equipment & Supplies” companies have a potential upside of 25.28%. Given QT Imaging’s rivals stronger consensus rating and higher possible upside, analysts plainly believe QT Imaging has less favorable growth aspects than its rivals.

Summary

QT Imaging rivals beat QT Imaging on 11 of the 13 factors compared.

About QT Imaging

QT Imaging Holdings, Inc. engages in the research, development, and commercialization of body imaging systems for detection, diagnosis, monitoring, and treatment of diseases. The company offers QT Ultrasound Breast Scanner, an ultrasonic imaging system that provides reflection-mode and transmission-mode images of a patient’s breast. QT Imaging Holdings, Inc. was founded in 2011 and is based in Novato, California.