Rockley Photonics (NYSE: RKLY) is one of 154 publicly-traded companies in the “Semiconductors & related devices” industry, but how does it compare to its peers? We will compare Rockley Photonics to similar businesses based on the strength of its dividends, earnings, profitability, valuation, institutional ownership, analyst recommendations and risk.
Institutional and Insider Ownership
32.5% of Rockley Photonics shares are owned by institutional investors. Comparatively, 57.7% of shares of all “Semiconductors & related devices” companies are owned by institutional investors. 24.4% of Rockley Photonics shares are owned by insiders. Comparatively, 8.5% of shares of all “Semiconductors & related devices” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
This table compares Rockley Photonics and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Rockley Photonics Competitors||-15.09%||4.45%||1.80%|
Volatility & Risk
Rockley Photonics has a beta of -0.07, meaning that its stock price is 107% less volatile than the S&P 500. Comparatively, Rockley Photonics’ peers have a beta of 0.64, meaning that their average stock price is 36% less volatile than the S&P 500.
This is a breakdown of recent ratings and price targets for Rockley Photonics and its peers, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Rockley Photonics Competitors||2163||8588||15926||653||2.55|
Rockley Photonics presently has a consensus target price of $17.25, suggesting a potential upside of 87.91%. As a group, “Semiconductors & related devices” companies have a potential upside of 13.90%. Given Rockley Photonics’ stronger consensus rating and higher probable upside, research analysts clearly believe Rockley Photonics is more favorable than its peers.
Valuation and Earnings
This table compares Rockley Photonics and its peers top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Rockley Photonics||N/A||-$8.22 million||229.50|
|Rockley Photonics Competitors||$3.24 billion||$568.55 million||26.97|
Rockley Photonics’ peers have higher revenue and earnings than Rockley Photonics. Rockley Photonics is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Rockley Photonics peers beat Rockley Photonics on 7 of the 13 factors compared.
About Rockley Photonics
Rockley Photonics Ltd. is a supplier of integrated silicon photonic chips and modules across multiple markets. Rockley Photonics Ltd., formerly known as SC Health Corp., is based in PASADENA, Calif.
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