EMCORE (NASDAQ:EMKR) vs. Summit Wireless Technologies (NASDAQ:WISA) Head-To-Head Review

Summit Wireless Technologies (NASDAQ:WISA) and EMCORE (NASDAQ:EMKR) are both small-cap computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their risk, valuation, earnings, dividends, institutional ownership, profitability and analyst recommendations.

Analyst Ratings

This is a summary of current ratings and price targets for Summit Wireless Technologies and EMCORE, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Summit Wireless Technologies 0 0 2 0 3.00
EMCORE 0 0 2 0 3.00

Summit Wireless Technologies currently has a consensus target price of $5.75, suggesting a potential upside of 127.27%. EMCORE has a consensus target price of $7.23, suggesting a potential upside of 18.19%. Given Summit Wireless Technologies’ higher possible upside, research analysts clearly believe Summit Wireless Technologies is more favorable than EMCORE.

Insider & Institutional Ownership

1.5% of Summit Wireless Technologies shares are held by institutional investors. Comparatively, 54.3% of EMCORE shares are held by institutional investors. 1.7% of Summit Wireless Technologies shares are held by insiders. Comparatively, 1.4% of EMCORE shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Profitability

This table compares Summit Wireless Technologies and EMCORE’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Summit Wireless Technologies -791.48% -407.13% -181.74%
EMCORE -6.33% -9.18% -5.84%

Valuation and Earnings

This table compares Summit Wireless Technologies and EMCORE’s gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Summit Wireless Technologies $1.67 million 16.87 -$12.04 million N/A N/A
EMCORE $110.13 million 2.05 -$7.00 million ($0.24) -25.50

EMCORE has higher revenue and earnings than Summit Wireless Technologies.

Volatility and Risk

Summit Wireless Technologies has a beta of -0.97, indicating that its share price is 197% less volatile than the S&P 500. Comparatively, EMCORE has a beta of 1.24, indicating that its share price is 24% more volatile than the S&P 500.

Summary

EMCORE beats Summit Wireless Technologies on 7 of the 11 factors compared between the two stocks.

Summit Wireless Technologies Company Profile

Summit Wireless Technologies, Inc., a technology company, develops, manufactures, and sells modules and integrated circuits for home entertainment and wireless audio market in the United States, Europe, and the Asia Pacific. It offers TX modules for integration into televisions, audio-visual receivers, media hubs, and USB or HDMI dongles; and speaker systems. The company sells its products directly to original equipment manufacturers. The company was formerly known as Summit Semiconductor, Inc. and changed its name to Summit Wireless Technologies, Inc. in September 2018. Summit Semiconductor, Inc. was incorporated in 2010 and is headquartered in San Jose, California.

EMCORE Company Profile

EMCORE Corporation, together with its subsidiaries, provides advanced mixed-signal optics products in the United States, Canada, Asia, Europe, and internationally. The company offers cable television (CATV) products, including forward and return-path analog lasers, receivers, photodetectors, and subassembly components; and analog and digital fiber-optic transmitters, quadrature amplitude modulation transmitters, optical switches, and CATV fiber amplifiers. It also provides high-power gain chips products, photodiode products, and GPON fiber-to-the-premises (FTTP) and data center chip products for the telecommunication markets, as well as lasers, receivers, and photodetector components for wireless, distributed sensing, and light detecting and ranging applications. In addition, the company offers navigation system and inertial sensing products, such as fiber optic gyroscope, quartz MEMS gyroscope, and inertial measurement unit and navigation system primarily for the aerospace and defense markets; and defense optoelectronics, such as optiva platform fiber optic transport systems and erbium doped fiber amplifiers, as well as ruggedized microwave flange-mount transmitters, receivers, and optical delay line products. It serves CATV, wireless, FTTP, long-term evolution, and data center markets; and aerospace and defense and satellite communications markets. The company sells its products through direct sales force, application engineers, third party sales representatives, and distributors. EMCORE Corporation was founded in 1984 and is headquartered in Alhambra, California.

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