Applied Digital (OTCMKTS:APLD – Get Rating) is one of 113 public companies in the “Computer programming, data processing, & other computer related” industry, but how does it compare to its rivals? We will compare Applied Digital to similar companies based on the strength of its dividends, analyst recommendations, risk, earnings, institutional ownership, valuation and profitability.
Risk & Volatility
Applied Digital has a beta of 5.05, suggesting that its share price is 405% more volatile than the S&P 500. Comparatively, Applied Digital’s rivals have a beta of 1.26, suggesting that their average share price is 26% more volatile than the S&P 500.
Earnings & Valuation
This table compares Applied Digital and its rivals top-line revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Applied Digital||$8.55 million||-$23.52 million||-4.80|
|Applied Digital Competitors||$7.81 billion||$2.05 billion||-33.85|
This table compares Applied Digital and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Applied Digital Competitors||-154.95%||-19.94%||-7.12%|
Insider and Institutional Ownership
48.4% of Applied Digital shares are owned by institutional investors. Comparatively, 48.0% of shares of all “Computer programming, data processing, & other computer related” companies are owned by institutional investors. 28.9% of Applied Digital shares are owned by company insiders. Comparatively, 15.8% of shares of all “Computer programming, data processing, & other computer related” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
This is a breakdown of recent recommendations for Applied Digital and its rivals, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Applied Digital Competitors||772||3902||9169||260||2.63|
Applied Digital currently has a consensus price target of $6.31, suggesting a potential upside of 163.10%. As a group, “Computer programming, data processing, & other computer related” companies have a potential upside of 30.89%. Given Applied Digital’s stronger consensus rating and higher probable upside, research analysts plainly believe Applied Digital is more favorable than its rivals.
Applied Digital beats its rivals on 8 of the 13 factors compared.
About Applied Digital
Applied Digital Corp. operates as a technology company, which engages in the development and operation of data centers which provide computing power. The company was founded in May 2001 and is headquartered in Dallas, TX.
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