Quantum Corporation (QTM) versus Its Competitors Critical Review
Quantum Corporation (NYSE: QTM) is one of 32 public companies in the “Computer Hardware” industry, but how does it contrast to its peers? We will compare Quantum Corporation to similar businesses based on the strength of its dividends, risk, valuation, institutional ownership, earnings, profitability and analyst recommendations.
Institutional & Insider Ownership
65.3% of Quantum Corporation shares are owned by institutional investors. Comparatively, 64.1% of shares of all “Computer Hardware” companies are owned by institutional investors. 8.6% of Quantum Corporation shares are owned by company insiders. Comparatively, 12.5% of shares of all “Computer Hardware” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Valuation & Earnings
This table compares Quantum Corporation and its peers top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||NetIncome||Price/Earnings Ratio|
|Quantum Corporation||$505.35 million||$3.64 million||-20.83|
|Quantum Corporation Competitors||$26.26 billion||$3.15 billion||402.32|
Quantum Corporation’s peers have higher revenue and earnings than Quantum Corporation. Quantum Corporation 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
Quantum Corporation has a beta of 2.18, meaning that its stock price is 118% more volatile than the S&P 500. Comparatively, Quantum Corporation’s peers have a beta of 1.11, meaning that their average stock price is 11% more volatile than the S&P 500.
This is a breakdown of current ratings and price targets for Quantum Corporation and its peers, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Quantum Corporation Competitors||400||2056||3701||159||2.57|
Quantum Corporation currently has a consensus price target of $10.00, suggesting a potential upside of 100.00%. As a group, “Computer Hardware” companies have a potential upside of 4.60%. Given Quantum Corporation’s stronger consensus rating and higher possible upside, analysts clearly believe Quantum Corporation is more favorable than its peers.
This table compares Quantum Corporation and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Quantum Corporation Competitors||3.26%||8.00%||5.57%|
Quantum Corporation peers beat Quantum Corporation on 7 of the 12 factors compared.
About Quantum Corporation
Quantum Corporation focuses on scale-out storage, archive and data protection, providing solutions for capturing, sharing, managing and preserving digital assets over the entire data lifecycle. The Company’s end-to-end tiered storage solutions enable users to maximize the value of their data by making it accessible whenever and wherever needed, retaining it indefinitely and reducing total cost and complexity. It works with a network of distributors, value-added resellers (VARs), direct marketing resellers (DMRs), original equipment manufacturers (OEMs) and other suppliers to meet customers’ evolving needs. Its scale-out storage portfolio includes StorNext software, appliances and full systems called StorNext Pro Solutions, as well as Xcellis workflow storage, QXS disk storage, Lattus extended online storage and Q-Cloud Archive and Vault services. Its StorNext offerings enable customers to manage large unstructured data sets in an information workflow.
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