IGATE (NASDAQ: IGTE) is one of 181 publicly-traded companies in the “IT Services & Consulting” industry, but how does it weigh in compared to its competitors? We will compare IGATE to similar companies based on the strength of its profitability, analyst recommendations, risk, dividends, valuation, institutional ownership and earnings.
Volatility & Risk
IGATE has a beta of 1.8, suggesting that its share price is 80% more volatile than the S&P 500. Comparatively, IGATE’s competitors have a beta of 1.15, suggesting that their average share price is 15% more volatile than the S&P 500.
63.0% of shares of all “IT Services & Consulting” companies are held by institutional investors. 16.5% of shares of all “IT Services & Consulting” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
This is a breakdown of recent ratings and target prices for IGATE and its competitors, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
As a group, “IT Services & Consulting” companies have a potential downside of 8.68%. Given IGATE’s competitors higher probable upside, analysts plainly believe IGATE has less favorable growth aspects than its competitors.
This table compares IGATE and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Valuation & Earnings
This table compares IGATE and its competitors revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|IGATE Competitors||$2.79 billion||$288.44 million||389.17|
IGATE’s competitors have higher revenue and earnings than IGATE. IGATE 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.
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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