Critical Analysis: HashiCorp (NASDAQ:HCP) versus Symbolic Logic (NASDAQ:EVOL)

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

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Symbolic Logic	N/A	N/A	N/A
HashiCorp	-23.69%	-10.54%	-7.74%

Valuation & Earnings

This table compares Symbolic Logic and HashiCorp”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Symbolic Logic	N/A	N/A	$17.44 million	N/A	N/A
HashiCorp	$583.14 million	11.74	-$190.67 million	($0.75)	-44.99

Symbolic Logic has higher earnings, but lower revenue than HashiCorp.

Insider & Institutional Ownership

87.8% of HashiCorp shares are owned by institutional investors. 3.0% of Symbolic Logic shares are owned by insiders. Comparatively, 22.5% of HashiCorp shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Volatility and Risk

Symbolic Logic has a beta of 0.54, indicating that its share price is 46% less volatile than the S&P 500. Comparatively, HashiCorp has a beta of 1.24, indicating that its share price is 24% more volatile than the S&P 500.

Analyst Ratings

This is a summary of current ratings and recommmendations for Symbolic Logic and HashiCorp, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Symbolic Logic	0	0	0	0	0.00
HashiCorp	0	11	3	0	2.21

HashiCorp has a consensus price target of $32.08, indicating a potential downside of 4.91%. Given HashiCorp’s stronger consensus rating and higher possible upside, analysts clearly believe HashiCorp is more favorable than Symbolic Logic.

Summary

HashiCorp beats Symbolic Logic on 7 of the 11 factors compared between the two stocks.

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.

About HashiCorp

HashiCorp, Inc. engages in the provision of multi-cloud infrastructure automation solutions worldwide. The company offers infrastructure provisioning products, including Terraform, that enables IT operations teams to apply an Infrastructure-as-Code approach, where processes and configuration required to support applications are codified and automated instead of being manual and ticket-based; Packer, that provides a consistent way to define the process of transforming the raw source inputs into a production worthy artifact, across any environment or packaging format; and Vagrant, that allows teams to define how development environments are set up. It also provides security products, such as Vault, a secrets management and data protection product, which enables security teams to apply policies based on application and user identity to govern access to credentials and secure sensitive data; and Boundary, that applies an identity-based approach to privileged access management and unifies the controls to a single system. In addition, the company offers Consul, an application-centric networking automation product that enables practitioners to manage application traffic, security teams to secure and restrict access between applications, and operations teams to automate the underlying network infrastructure; Nomad, a scheduler and workload orchestrator, which provides practitioners with a self-service interface to manage the application lifecycle; and Waypoint, an application delivery product that provides a developer-focused workflow for the build, deploy, and release process. Further, it provides HashiCorp Cloud Platform, a fully-managed cloud platform for multiple products to accelerate enterprise cloud migration by addressing resource and skills gaps, improving operational efficiency, and speeding up deployment time for customers. The company was incorporated in 2012 and is headquartered in San Francisco, California.