Analyzing Wipro (NYSE:WIT) and Symbolic Logic (NASDAQ:EVOL)

Wipro (NYSE:WIT) and Symbolic Logic (NASDAQ:EVOL) are both computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, analyst recommendations, dividends, risk, institutional ownership, profitability and valuation.

Analyst Ratings

This is a summary of current recommendations for Wipro and Symbolic Logic, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Wipro	3	0	0	0	1.00
Symbolic Logic	0	0	0	0	N/A

Wipro presently has a consensus price target of $5.30, indicating a potential downside of 9.71%. Given Wipro’s higher possible upside, research analysts plainly believe Wipro is more favorable than Symbolic Logic.

Volatility and Risk

Wipro has a beta of 0.86, indicating that its stock price is 14% less volatile than the S&P 500. Comparatively, Symbolic Logic has a beta of 0.53, indicating that its stock price is 47% less volatile than the S&P 500.

Profitability

This table compares Wipro and Symbolic Logic’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Wipro	12.29%	15.60%	9.61%
Symbolic Logic	N/A	N/A	N/A

Earnings & Valuation

This table compares Wipro and Symbolic Logic’s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Wipro	$10.77 billion	2.84	$1.33 billion	$0.25	23.48
Symbolic Logic	N/A	N/A	$17.44 million	N/A	N/A

Wipro has higher revenue and earnings than Symbolic Logic.

Institutional and Insider Ownership

2.4% of Wipro shares are owned by institutional investors. 1.0% of Wipro shares are owned by company insiders. Comparatively, 3.0% of Symbolic Logic shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Summary

Wipro beats Symbolic Logic on 8 of the 9 factors compared between the two stocks.

About Wipro

Wipro Limited operates as an information technology (IT), consulting, and business process services company worldwide. It operates through three segments: IT Services, IT Products, and India State Run Enterprise Services (ISRE). The IT Services segment offers IT and IT-enabled services, including digital strategy advisory, customer-centric design, technology and IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, cloud and infrastructure, business process, cloud, mobility and analytics, research and development, and hardware and software design services to enterprises. It serves customers in various industry sectors, such as healthcare and medical devices, consumer goods and life sciences, retail, transportation and services, communications, media and information services, technology products and platforms, banking, financial services and insurance, manufacturing, hi-tech, energy, and utilities. The IT Products segment provides a range of third-party IT products comprising enterprise platforms, networking solutions, software and data storage products, contact center infrastructure, enterprise security, IT optimization technologies, video solutions, and end-user computing solutions. It serves enterprises in various industries primarily in the Indian market, which comprise the government, defense, IT and IT-enabled services, telecommunications, manufacturing, utilities, education, and financial services sectors. The ISRE segment offers IT services to entities and departments owned or controlled by the Government of India and/or various Indian State Governments. It also provides cybersecurity consulting services. The company has a partnership with ServiceNow, Inc. to develop Wipro CyberTransform – Intelligent ServiceNow Risk and Security Solutions. The company was incorporated in 1945 and is based in Bengaluru, India.

About Symbolic Logic

Symbolic Logic, Inc., a research and development organization, focuses on developing proprietary algorithms that model and predict behaviour of dynamic systems. It is also developing a set of tools and technologies for applying symbolic content to physical objects to catalog to track real-world objects. The company was formerly known as Evolving Systems, Inc. and changed its name to Symbolic Logic, Inc. in April 2022. The company was founded in 1985 and is headquartered in Englewood, Colorado. Symbolic Logic, Inc. operates as a subsidiary of CCUR Holdings, Inc.