Contrasting Horizon Quantum Computing Pte. (HQ) & The Competition

Horizon Quantum Computing Pte. (NASDAQ:HQ) is one of 958 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 businesses based on the strength of its profitability, analyst recommendations, risk, institutional ownership, dividends, earnings and valuation.

Valuation and Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Horizon Quantum Computing Pte.	$360,000.00	-$17.82 million	-7.21
Horizon Quantum Computing Pte. Competitors	$1.80 billion	$387.95 million	79.73

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.

Risk & Volatility

Horizon Quantum Computing Pte. has a beta of 0.3, suggesting that its stock price is 70% less volatile than the S&P 500. Comparatively, Horizon Quantum Computing Pte.’s peers have a beta of 1.18, suggesting that their average stock price is 18% more volatile than the S&P 500.

Analyst Ratings

This is a summary of current ratings and recommmendations 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	1	0	2.00
Horizon Quantum Computing Pte. Competitors	5250	20744	43279	1414	2.58

Horizon Quantum Computing Pte. currently has a consensus price target of $20.00, indicating a potential upside of 41.54%. As a group, “Software” companies have a potential upside of 274.54%. Given Horizon Quantum Computing Pte.’s peers stronger consensus rating and higher possible upside, analysts clearly believe Horizon Quantum Computing Pte. has less favorable growth aspects than its peers.

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	-624.09%	40.37%	-7.95%

Insider and 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, 20.1% 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 stock will outperform the market over the long term.

Summary

Horizon Quantum Computing Pte. peers 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.