Critical Comparison: ParkerVision (PRKR) & Its Peers

ParkerVision (NASDAQ: PRKR) is one of 93 publicly-traded companies in the “Semiconductors” industry, but how does it contrast to its peers? We will compare ParkerVision to related businesses based on the strength of its risk, valuation, institutional ownership, analyst recommendations, dividends, profitability and earnings.

Risk & Volatility

ParkerVision has a beta of 2.02, meaning that its share price is 102% more volatile than the S&P 500. Comparatively, ParkerVision’s peers have a beta of 1.03, meaning that their average share price is 3% more volatile than the S&P 500.

Valuation and Earnings

This table compares ParkerVision and its peers gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
ParkerVision $4.06 million -$21.50 million -0.89
ParkerVision Competitors $4.61 billion $608.99 million 30.76

ParkerVision’s peers have higher revenue and earnings than ParkerVision. ParkerVision 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.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for ParkerVision and its peers, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ParkerVision 0 0 1 0 3.00
ParkerVision Competitors 933 4677 8715 368 2.58

ParkerVision currently has a consensus target price of $12.00, suggesting a potential upside of 1,011.11%. As a group, “Semiconductors” companies have a potential upside of 7.36%. Given ParkerVision’s stronger consensus rating and higher possible upside, equities analysts plainly believe ParkerVision is more favorable than its peers.

Profitability

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

Net Margins Return on Equity Return on Assets
ParkerVision N/A N/A -157.85%
ParkerVision Competitors -45.81% 1.07% 1.60%

Institutional and Insider Ownership

10.8% of ParkerVision shares are held by institutional investors. Comparatively, 65.9% of shares of all “Semiconductors” companies are held by institutional investors. 7.3% of ParkerVision shares are held by company insiders. Comparatively, 6.2% of shares of all “Semiconductors” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Summary

ParkerVision peers beat ParkerVision on 7 of the 13 factors compared.

About ParkerVision

ParkerVision, Inc. is engaged in the designing, developing and marketing of its radio frequency (RF) technologies and products. The Company’s business is focused on the development and marketing of its RF technologies for mobile and other wireless applications. Its products include a modulator/demodulator component that incorporates its technologies, as well as a small number of supporting components that are used in the assembly of wireless devices. Its products are used in wireless communication products and applications. In addition, it offers engineering design and consulting services to third parties to assist them in developing and testing products. Its technologies represent methods for processing RF waveforms in wireless applications. Its technologies apply to both transmit and receive functions of transmitters, receivers and transceivers. A portion of its transmit technology is marketed as Direct2Power (d2p) and its receiver technology is marketed as Direct2Data (d2d).

Receive News & Ratings for ParkerVision Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ParkerVision and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit