xG Technology (NASDAQ: XGTI) is one of 64 public companies in the “Communications & Networking” industry, but how does it contrast to its competitors? We will compare xG Technology to similar companies based on the strength of its dividends, analyst recommendations, valuation, earnings, risk, institutional ownership and profitability.
Valuation and Earnings
This table compares xG Technology and its competitors top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|xG Technology||$6.57 million||-$20.90 million||-0.01|
|xG Technology Competitors||$3.31 billion||$373.33 million||-110.70|
xG Technology’s competitors have higher revenue and earnings than xG Technology. xG Technology is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Risk and Volatility
xG Technology has a beta of -0.72, suggesting that its share price is 172% less volatile than the S&P 500. Comparatively, xG Technology’s competitors have a beta of 1.14, suggesting that their average share price is 14% more volatile than the S&P 500.
This is a summary of current ratings and target prices for xG Technology and its competitors, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|xG Technology Competitors||394||2428||4016||164||2.56|
xG Technology currently has a consensus price target of $3.75, indicating a potential upside of 145.10%. As a group, “Communications & Networking” companies have a potential upside of 12.72%. Given xG Technology’s stronger consensus rating and higher possible upside, equities analysts plainly believe xG Technology is more favorable than its competitors.
Institutional & Insider Ownership
2.3% of xG Technology shares are owned by institutional investors. Comparatively, 61.8% of shares of all “Communications & Networking” companies are owned by institutional investors. 2.8% of xG Technology shares are owned by insiders. Comparatively, 12.4% of shares of all “Communications & Networking” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
This table compares xG Technology and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|xG Technology Competitors||-0.73%||-8.74%||0.09%|
xG Technology competitors beat xG Technology on 9 of the 13 factors compared.
xG Technology Company Profile
xG Technology, Inc. develops a portfolio of intellectual property, which is embedded in its software algorithms that offer cognitive interference mitigation and spectrum access solutions for a range of applications using commercial off the shelf devices. The Company is a provider of wireless video solutions to broadcast, law enforcement and defense markets, and private mobile broadband networks for use in a range of environments. The Company markets its technology solutions across three business units: Integrated Microwave Technologies (IMT), Vislink Communication Systems and xMax. The Company offers a range of frequency-agnostic cognitive radio solutions. It focuses on various industries across the world, such as telecommunications, cable, defense and public safety, municipal governments, critical infrastructure and markets ranging from rural to urban areas and expeditionary deployments.
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