Posted by Defense World Staff on May 11th, 2024
Peraso (NASDAQ:PRSO – Get Free Report) and Meta Materials (NASDAQ:MMAT – Get Free Report) are both small-cap business services companies, but which is the better business? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, risk, valuation, profitability, institutional ownership and dividends.
Volatility & Risk
Peraso has a beta of 1.8, indicating that its share price is 80% more volatile than the S&P 500. Comparatively, Meta Materials has a beta of 1.49, indicating that its share price is 49% more volatile than the S&P 500.
Profitability
This table compares Peraso and Meta Materials’ net margins, return on equity and return on assets.
Insider & Institutional Ownership
77.6% of Peraso shares are owned by institutional investors. Comparatively, 6.5% of Meta Materials shares are owned by institutional investors. 5.3% of Peraso shares are owned by company insiders. Comparatively, 0.4% of Meta Materials shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Valuation & Earnings
This table compares Peraso and Meta Materials’ revenue, earnings per share (EPS) and valuation.
Peraso has higher revenue and earnings than Meta Materials. Peraso is trading at a lower price-to-earnings ratio than Meta Materials, indicating that it is currently the more affordable of the two stocks.
Analyst Recommendations
This is a summary of current ratings for Peraso and Meta Materials, as provided by MarketBeat.com.
Peraso currently has a consensus target price of $40.00, indicating a potential upside of 2,677.78%. Given Peraso’s higher possible upside, equities analysts clearly believe Peraso is more favorable than Meta Materials.
Summary
Peraso beats Meta Materials on 9 of the 12 factors compared between the two stocks.
About Peraso
Peraso Inc., a fabless semiconductor company, develops, markets, and sells semiconductor devices and modules. The company’s products include millimeter wavelength (mmWave) ICs, including baseband IC, various mmWave radio frequency, integrated circuits, as well as associated antenna technology; and mmWave antenna modules. It also provides accelerator engine products, comprising bandwidth engine for high-performance applications where throughput is critical; and quad partition rate, which allows for parallel accesses to multiple partitions of the memory simultaneously. Its mmWave products are used for various applications, such as multi-gigabit point-to-point (PtMP) wireless links; and fixed wireless access in the 5G operating bands, as well as consumer applications, such as wireless video streaming, and untethered augmented reality and virtual reality. The company also licenses intellectual property, as well as offers non-recurring engineering services. It markets its products through direct sales personnel, as well as sells representatives and distributors. The company was formerly knowns as MoSys, Inc. and changed its name to Peraso Inc. in December 2021. Peraso Inc. was incorporated in 1991 and is based in San Jose, California.
About Meta Materials
Meta Materials Inc. manufactures and sells various functional materials and nanocomposites. The company products include metaAIR, a laser glare protection eyewear; NANOWEB, a transparent conductive film; holoOPTIX, a holographic optical component; and glucoWISE, a non-invasive glucose monitoring. It also develops and produces nano-optic structures and color-shifting foils that are used in authentication and brand protection applications in various markets, including banknotes, secure government documents, and commercial branding. In addition, the company develops NPORE, a ceramic nanoporous membrane separator for lithium-ion batteries. Its customers are OEM providers in various industries, including aerospace, automotive, consumer electronics, communications, energy, banknote and brand security, and medical devices. The company was formerly known as Torchlight Energy Resources, Inc. and changed its name to Meta Materials Inc. in June 2021. Meta Materials Inc. is headquartered in Dartmouth, Canada.
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