Contrasting VIQ Solutions (VQS) and Its Competitors
VIQ Solutions (NASDAQ: VQS – Get a rating) is one of 114 publicly traded companies in the “Computer programming, data processing and other computer-related fields” industry, but how does it stack up against its competitors? We will compare VIQ Solutions to related companies based on its dividend strength, analyst recommendations, earnings, risk, profitability, institutional ownership and valuation.
Insider and Institutional Ownership
12.3% of VIQ Solutions shares are held by institutional investors. In comparison, 56.4% of the shares of all companies in “Computer programming, data processing and other computer-related activities” are held by institutional investors. 14.3% of the shares of all the companies “Computer programming, data processing and other computer-related activities” are held by insiders. Strong institutional ownership indicates that endowments, large fund managers, and hedge funds believe a stock is poised for long-term growth.
This is a summary of recent ratings and recommendations for VIQ Solutions and its competitors, as reported by MarketBeat.
|Sales Ratings||Hold odds||Buy reviews||Strong buy odds||Rating|
|Competitors of VIQ solutions||648||3588||8865||248||2.65|
VIQ Solutions currently has a consensus price target of $4.00, suggesting a potential upside of 146.91%. As a group, companies in “Computer programming, data processing and other computer-related activities” have an upside potential of 55.66%. Given VIQ Solutions’ higher consensus rating and higher likely upside, analysts clearly believe that VIQ Solutions is more favorable than its competitors.
Risk and Volatility
VIQ Solutions has a beta of -0.3, suggesting that its stock price is 130% less volatile than the S&P 500. Comparatively, VIQ Solutions’ competitors have a beta of 1.26, suggesting that their average price is 26% more volatile than the S&P. 500.
Valuation and benefits
This table compares the revenue, earnings per share (EPS), and valuation of VIQ Solutions and its competitors.
|Gross revenue||Net revenue||Price/earnings ratio|
|VIQ Solutions||$31.05 million||-$19.68 million||-2.13|
|Competitors of VIQ solutions||$9.01 billion||$2.46 billion||15.56|
Competitors of VIQ Solutions have higher revenues and profits than VIQ Solutions. VIQ Solutions trades at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
This table compares the net margins, return on equity and return on assets of VIQ Solutions and its competitors.
|Net margins||Return on equity||return on assets|
|Competitors of VIQ solutions||-373.33%||-14.46%||-4.83%|
VIQ Solutions competitors beat VIQ Solutions on 8 of the 12 factors compared.
VIQ Solutions Company Profile (Get a rating)
VIQ Solutions Inc. operates as a technology provider and service platform for the capture, retrieval and content management of digital evidence in Australia, the United States, the United Kingdom, Canada and the United States. ‘foreign. It operates through two segments, Technology and Related Revenue, and Technology Services. The Technology segment develops, distributes and licenses computer-based digital solutions based on its technology. The Technology Services segment provides recording and transcription services. The company offers CapturePro which securely accelerates the capture, creation and management of large volumes of information, as well as preserves and secures speech and video image, and delivers data; MobileMic Pro to capture and manage incident reports, recorded statements, case notes and other vital information; NetScribe, a text-to-speech engine to consolidate, accelerate and optimize transcription workflows; aiAssist, a multi-tenant workflow and analytics platform for managing, converting and analyzing large volumes of audio and visual content; and FirstDraft which converts audio files to text to provide access to interviews, testimonials, recorded calls and dictations. It also provides legal, criminal justice, insurance, government, medical, corporate finance, media and transcription services. The company was incorporated in 2004 and is based in Mississauga, Canada.
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