Cascade Microtech (CSCD) & Its Peers Critical Analysis

Cascade Microtech (NASDAQ: CSCD) is one of 28 public companies in the “Testing & Measuring Equipment” industry, but how does it compare to its peers? We will compare Cascade Microtech to similar businesses based on the strength of its profitability, analyst recommendations, valuation, risk, earnings, institutional ownership and dividends.

Risk & Volatility

Cascade Microtech has a beta of 1.09, indicating that its share price is 9% more volatile than the S&P 500. Comparatively, Cascade Microtech’s peers have a beta of 0.81, indicating that their average share price is 19% less volatile than the S&P 500.

Profitability

This table compares Cascade Microtech and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Cascade Microtech 5.72% 7.19% 5.97%
Cascade Microtech Competitors -5.45% 2.60% -1.01%

Analyst Ratings

This is a summary of recent ratings and price targets for Cascade Microtech and its peers, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cascade Microtech 0 0 1 0 3.00
Cascade Microtech Competitors 56 421 517 11 2.48

Cascade Microtech presently has a consensus target price of $15.50, suggesting a potential downside of 29.09%. As a group, “Testing & Measuring Equipment” companies have a potential downside of 25.95%. Given Cascade Microtech’s peers higher possible upside, analysts plainly believe Cascade Microtech has less favorable growth aspects than its peers.

Institutional & Insider Ownership

58.2% of shares of all “Testing & Measuring Equipment” companies are owned by institutional investors. 10.4% of shares of all “Testing & Measuring Equipment” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Valuation & Earnings

This table compares Cascade Microtech and its peers top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Cascade Microtech N/A N/A 30.36
Cascade Microtech Competitors $533.28 million $58.26 million 130.79

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

Summary

Cascade Microtech beats its peers on 6 of the 11 factors compared.

Cascade Microtech Company Profile

Cascade Microtech, Inc. is a designer, developer, manufacturer and marketer of wafer probing, thermal and reliability solutions for the electrical measurement and testing of semiconductor devices. The Company operates in two business segments: Systems and Probes. The Systems business segment is engaged in the sale of probe stations, thermal subsystems and reliability test systems. The Probes segment is engaged in the sale of analytical probes and production probe cards. The Company designs, manufactures and sells multiple product lines, including probe stations, thermal subsystems, reliability test systems, analytical probes, production probe cards, and various services and accessories. Probing systems are used in the development of semiconductor processes and designs. The 1164 Reliability Test System is a modular and scalable test platform that can be used in a range of reliability test applications.

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