Sphere 3D (NASDAQ: ANY) is one of 61 public companies in the “Data processing & preparation” industry, but how does it contrast to its rivals? We will compare Sphere 3D to similar companies based on the strength of its institutional ownership, risk, valuation, earnings, dividends, analyst recommendations and profitability.

Analyst Recommendations

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This is a summary of current ratings and target prices for Sphere 3D and its rivals, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Sphere 3D 0 0 0 0 N/A
Sphere 3D Competitors 312 1500 2189 64 2.49

As a group, “Data processing & preparation” companies have a potential upside of 4.14%. Given Sphere 3D’s rivals higher probable upside, analysts clearly believe Sphere 3D has less favorable growth aspects than its rivals.

Institutional & Insider Ownership

12.4% of Sphere 3D shares are owned by institutional investors. Comparatively, 59.4% of shares of all “Data processing & preparation” companies are owned by institutional investors. 18.8% of shares of all “Data processing & preparation” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Risk & Volatility

Sphere 3D has a beta of 2.34, meaning that its stock price is 134% more volatile than the S&P 500. Comparatively, Sphere 3D’s rivals have a beta of 0.57, meaning that their average stock price is 43% less volatile than the S&P 500.

Earnings and Valuation

This table compares Sphere 3D and its rivals gross revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Sphere 3D $81.52 million -$26.18 million -0.40
Sphere 3D Competitors $928.00 million $44.64 million 17.23

Sphere 3D’s rivals have higher revenue and earnings than Sphere 3D. Sphere 3D 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 Sphere 3D and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Sphere 3D -32.12% -60.52% -9.90%
Sphere 3D Competitors -18.25% -66.08% -6.06%

Summary

Sphere 3D rivals beat Sphere 3D on 8 of the 10 factors compared.

About Sphere 3D

Sphere 3D Corp. provides data management, and desktop and application virtualization solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It enables organizations to deploy a combination of public, private, or hybrid cloud strategies through containerized applications, virtual desktops, virtual storage, and physical hyper-converged platforms. The company offers RDX removable disk systems that provide scalability, centralized management, encryption and duplication, and reliability for backup, archive, data interchange, and disaster recovery; G-Series Appliance and G-Series Cloud applications; and Glassware Open Virtual Appliance and Open Virtual Format products. It also provides HVE converged and hyper-converged Infrastructure solutions, such as HVE-STACK high density server solution; HVE-VELOCITY high availability dual enclosure storage area network solution; and HVE 3DGFX, a virtualized desktop infrastructure solution. In addition, the company offers SnapServer network attached storage solution, a platform for primary or nearline storage for integration with Windows, UNIX/Linux, and Macintosh environments; NEO tape-based backup and long-term archive solutions, including tape libraries, autoloaders, and drives, as well as linear tape file system solutions; and LTO tape drives and media products. Sphere 3D Corp. markets its products under the RDX, Glassware 2.0, SnapCLOUD, SnapServer, SnapSync, NEO, and V3 brand names. The company sells its products through its distributor and reseller network to small and medium businesses, and distributed enterprises. Sphere 3D Corp. was incorporated in 2007 and is headquartered in Mississauga, Canada.

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