IonQ (NYSE:IONQ – Get Free Report) and Drone Delivery Canada (OTCMKTS:TAKOF – Get Free Report) are both computer and technology companies, but which is the superior investment? We will compare the two companies based on the strength of their earnings, profitability, dividends, analyst recommendations, valuation, institutional ownership and risk.
Analyst Ratings
This is a summary of recent ratings and price targets for IonQ and Drone Delivery Canada, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
IonQ | 0 | 2 | 3 | 0 | 2.60 |
Drone Delivery Canada | 0 | 0 | 0 | 0 | N/A |
IonQ currently has a consensus target price of $12.00, suggesting a potential upside of 12.57%. Given IonQ’s higher possible upside, equities analysts clearly believe IonQ is more favorable than Drone Delivery Canada.
Valuation & Earnings
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
IonQ | $22.04 million | 103.54 | -$157.77 million | ($0.79) | -13.49 |
Drone Delivery Canada | N/A | N/A | N/A | N/A | N/A |
Drone Delivery Canada has lower revenue, but higher earnings than IonQ.
Institutional & Insider Ownership
41.4% of IonQ shares are owned by institutional investors. 11.6% of IonQ shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Profitability
This table compares IonQ and Drone Delivery Canada’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
IonQ | -525.13% | -34.02% | -30.06% |
Drone Delivery Canada | N/A | N/A | N/A |
Summary
IonQ beats Drone Delivery Canada on 5 of the 8 factors compared between the two stocks.
About IonQ
IonQ, Inc. engages in the development of general-purpose quantum computing systems in the United States. It sells access to quantum computers of various qubit capacities. The company makes access to its quantum computers through cloud platforms, such as Amazon Web Services (AWS) Amazon Braket, Microsoft’s Azure Quantum, and Google’s Cloud Marketplace, as well as through its cloud service. It also provides contracts associated with the design, development, and construction of specialized quantum computing hardware systems; maintenance and support services; and consulting services related to co-developing algorithms on quantum computing systems. The company was founded in 2015 and is headquartered in College Park, Maryland.
About Drone Delivery Canada
Drone Delivery Canada Corp. designs, develops, and implements a commercial drone-based logistics platform in Canada and internationally. The company's logistics infrastructure solution is an integrated turnkey logistics platform, which include industrial-grade drones, automated DroneSpot depots, automated battery management systems, a detect and avoid radar system, and proprietary FLYTE software to integrate various components into a solution. It serves governments; commercial and industrial applications, such as emergency services, medical, last-mile delivery, mining, oil and gas, agriculture, parcel delivery, postal mail, and military/security; and indigenous and non-indigenous remote communities. The company was incorporated in 2011 and is headquartered in Vaughan, Canada.
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