Head to Head Survey: Quantum (QMCO) vs. Its Competitors

Quantum (NASDAQ:QMCO) is one of 82 publicly-traded companies in the “Technology Hardware, Storage & Peripherals” industry, but how does it weigh in compared to its competitors? We will compare Quantum to similar companies based on the strength of its earnings, profitability, institutional ownership, dividends, risk, analyst recommendations and valuation.

Institutional and Insider Ownership

63.7% of Quantum shares are held by institutional investors. Comparatively, 51.3% of shares of all “Technology Hardware, Storage & Peripherals” companies are held by institutional investors. 41.0% of Quantum shares are held by company insiders. Comparatively, 10.5% of shares of all “Technology Hardware, Storage & Peripherals” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Volatility and Risk

Quantum has a beta of 2.97, meaning that its share price is 197% more volatile than the S&P 500. Comparatively, Quantum’s competitors have a beta of 1.56, meaning that their average share price is 56% more volatile than the S&P 500.

Profitability

This table compares Quantum and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Quantum	-80.76%	N/A	-7.82%
Quantum Competitors	-609.18%	-15.02%	3.18%

Analyst Ratings

This is a summary of current recommendations and price targets for Quantum and its competitors, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Quantum	1	0	4	0	2.60
Quantum Competitors	1062	4278	7618	358	2.55

Quantum presently has a consensus target price of $24.00, indicating a potential upside of 9.44%. As a group, “Technology Hardware, Storage & Peripherals” companies have a potential upside of 19.08%. Given Quantum’s competitors higher possible upside, analysts plainly believe Quantum has less favorable growth aspects than its competitors.

Earnings and Valuation

This table compares Quantum and its competitors revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Quantum	$279.58 million	-$101.05 million	-1.66
Quantum Competitors	$23.88 billion	$3.69 billion	5.75

Quantum’s competitors have higher revenue and earnings than Quantum. Quantum is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Summary

Quantum beats its competitors on 7 of the 13 factors compared.

About Quantum

Quantum Corporation provides products for storing and managing digital video and unstructured data in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers Myriad All-Flash File and Object Storage Software for high performance enterprise unstructured data applications such as AI, machine learning, and data analytics; Unified Surveillance Platform Software that unified compute and storage for video surveillance recording, storage, and analytics; StorNext Hybrid Flash/Disk File Storage Software for video editing, post-production, and streaming applications, as well as digital file archives; and CatDV Asset Management Software for indexing, cataloging, enriching video, audio, and image files, and workflow orchestration. It also provides ActiveScale Object Storage Software that scalable and durable storage for long term data preservation and protection; DXi Backup Appliances to build backup appliances for high-speed backup and recovery and multisite data protection; and Scalar Tape Storage that secure storage for long term data archiving and offline data protection which are used by hyperscalers and enterprises. In addition, the company sells linear tape-open (LTO) a tape drives for small business data protection and archiving; and LTO media for use in tape storage systems. Further, it offers global support, managed services, customer support agreements, software subscriptions, installation, education, and consulting and training services, as well as Quantum-as-a-Service. The company sells its products through a network of distributors, value-added resellers, direct marketing resellers, original equipment manufacturers, and other suppliers, as well as directly to corporate entities and government agencies. It has a partnership with Tiger Surveillance to deliver end-to-end solutions for long-term retention and archiving of video surveillance data. Quantum Corporation was founded in 1980 and is headquartered in San Jose, California.