Analyzing IGATE (IGTE) & Its Competitors

IGATE (NASDAQ: IGTE) is one of 185 public companies in the “IT Services & Consulting” industry, but how does it weigh in compared to its rivals? We will compare IGATE to similar businesses based on the strength of its profitability, valuation, institutional ownership, earnings, dividends, risk and analyst recommendations.

Risk & Volatility

IGATE has a beta of 1.8, meaning that its share price is 80% more volatile than the S&P 500. Comparatively, IGATE’s rivals have a beta of 1.14, meaning that their average share price is 14% more volatile than the S&P 500.

Earnings & Valuation

This table compares IGATE and its rivals revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
IGATE N/A N/A 192.00
IGATE Competitors $2.81 billion $292.92 million 328.41

IGATE’s rivals have higher revenue and earnings than IGATE. IGATE 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.

Analyst Ratings

This is a breakdown of recent ratings and price targets for IGATE and its rivals, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
IGATE 0 0 0 0 N/A
IGATE Competitors 750 4690 7427 173 2.54

As a group, “IT Services & Consulting” companies have a potential downside of 6.97%. Given IGATE’s rivals higher probable upside, analysts clearly believe IGATE has less favorable growth aspects than its rivals.

Profitability

This table compares IGATE and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
IGATE 11.84% 28.23% 10.83%
IGATE Competitors -20.66% -272.91% -4.85%

Institutional and Insider Ownership

61.2% of shares of all “IT Services & Consulting” companies are held by institutional investors. 17.1% of shares of all “IT Services & Consulting” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

IGATE Company Profile

IGATE Corporation provides integrated technology and operations-based information technology solutions. The Company delivers a range of solutions and services across multiple domains and industries, including healthcare, life sciences, insurance, manufacturing, banking, financial services, business administrative services, data management services, product and engineering solutions, retail, consumer packaged goods, communications, energy, utility, media and entertainment.. It is an integrated technology and operations (ITOPS) company. The Company’s services include application development, application maintenance, business intelligence and analytics, cloud services, engineering design services, enterprise application solutions, enterprise mobility, infrastructure management services, product and engineering solutions embedded systems, product verification and validation, verification and validation and business process outsourcing (BPO).

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