POET Technologies (POET) versus Its Rivals Financial Analysis – Defense World
Posted by admin on Jul 12th, 2022
POET Technologies (NASDAQ:POET – Get Rating) is one of 163 public companies in the “Semiconductors & related devices” industry, but how does it weigh in compared to its peers? We will compare POET Technologies to similar businesses based on the strength of its analyst recommendations, dividends, earnings, profitability, institutional ownership, valuation and risk.
Valuation & Earnings
This table compares POET Technologies and its peers top-line revenue, earnings per share (EPS) and valuation.
POET Technologies’ peers have higher revenue and earnings than POET Technologies. POET Technologies is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Analyst Recommendations
This is a summary of current ratings for POET Technologies and its peers, as provided by MarketBeat.com.
POET Technologies presently has a consensus price target of $11.00, indicating a potential upside of 120.00%. As a group, “Semiconductors & related devices” companies have a potential upside of 48.92%. Given POET Technologies’ stronger consensus rating and higher probable upside, equities research analysts plainly believe POET Technologies is more favorable than its peers.
Volatility & Risk
POET Technologies has a beta of 0.75, suggesting that its share price is 25% less volatile than the S&P 500. Comparatively, POET Technologies’ peers have a beta of 1.19, suggesting that their average share price is 19% more volatile than the S&P 500.
Profitability
This table compares POET Technologies and its peers’ net margins, return on equity and return on assets.
Insider and Institutional Ownership
58.0% of shares of all “Semiconductors & related devices” companies are owned by institutional investors. 8.7% of shares of all “Semiconductors & related devices” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Summary
POET Technologies peers beat POET Technologies on 8 of the 13 factors compared.
About POET Technologies (Get Rating)
POET Technologies Inc. designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, and Singapore. It offers integration solutions based on the POET Optical Interposer, a novel platform that allows the seamless integration of electronic and photonic devices into a single multi-chip module using advanced wafer-level semiconductor manufacturing techniques and packaging methods. It also develops photonic integrated components. The company serves the data center, telecommunications, Internet of things and industrial sensing, automotive LIDAR, optical coherence tomography for medical devices, virtual reality systems markets. The company was formerly known as Opel Technologies Inc. and changed its name to POET Technologies Inc. in June 2013. POET Technologies Inc. was incorporated in 1972 and is headquartered in Toronto, Canada.
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