Credo Technology Group (NASDAQ:CRDO) vs. IQE (OTCMKTS:IQEPF) Critical Review

Credo Technology Group (NASDAQ:CRDOGet Free Report) and IQE (OTCMKTS:IQEPFGet Free Report) are both computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their risk, analyst recommendations, profitability, institutional ownership, earnings, valuation and dividends.

Analyst Recommendations

This is a summary of current ratings and recommmendations for Credo Technology Group and IQE, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Credo Technology Group 0 2 15 2 3.00
IQE 0 0 1 0 3.00

Credo Technology Group presently has a consensus target price of $263.11, suggesting a potential upside of 2.06%. Given Credo Technology Group’s higher possible upside, equities research analysts clearly believe Credo Technology Group is more favorable than IQE.

Risk and Volatility

Credo Technology Group has a beta of 3.2, suggesting that its stock price is 220% more volatile than the S&P 500. Comparatively, IQE has a beta of 1.68, suggesting that its stock price is 68% more volatile than the S&P 500.

Profitability

This table compares Credo Technology Group and IQE’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Credo Technology Group 35.37% 32.30% 28.88%
IQE N/A N/A N/A

Valuation & Earnings

This table compares Credo Technology Group and IQE”s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Credo Technology Group $1.34 billion 36.01 $472.28 million $2.48 103.95
IQE $150.84 million 3.38 -$48.79 million N/A N/A

Credo Technology Group has higher revenue and earnings than IQE.

Insider and Institutional Ownership

80.5% of Credo Technology Group shares are owned by institutional investors. 11.8% of Credo Technology Group shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Summary

Credo Technology Group beats IQE on 12 of the 12 factors compared between the two stocks.

About Credo Technology Group

(Get Free Report)

Credo Technology Group Holding Ltd provides various high-speed connectivity Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally. Its products include HiWire active electrical cables, optical digital signal processors, low-power line card PHY, serializer/deserializer (SerDes) chiplets, and SerDes IP, as well as integrated circuits, active electrical cables. The company also offers intellectual property solutions consist of SerDes IP licensing. It sells its products to hyperscalers, original equipment manufacturers, original design manufacturers and optical module manufacturers, as well as into the enterprise and HPC markets. The company was founded in 2008 and is based in Grand Cayman, Cayman Islands.

About IQE

(Get Free Report)

IQE plc, together with its subsidiaries, develops, manufactures, and sells advanced semiconductor materials. It operates through three segments: Wireless, Photonics, and CMOS++. The company manufactures and sells compound semiconductor materials for the wireless market which includes radio frequency devices for wireless communications, and photonics market, that includes applications that transmit and sense visible and infrared lights, as well as advanced semiconductor materials related to silicon. It operates in the United States, rest of the Americas, France, Germany, Israel, the United Kingdom, rest of Europe, the Middle East, Africa, the People's Republic of China, Japan, Taiwan, and rest of the Asia-Pacific. The company was founded in 1988 and is headquartered in Cardiff, the United Kingdom.

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