Apigee (NASDAQ: APIC) is one of 184 publicly-traded companies in the “IT Services & Consulting” industry, but how does it contrast to its peers? We will compare Apigee to similar companies based on the strength of its earnings, analyst recommendations, institutional ownership, dividends, risk, profitability and valuation.
Institutional & Insider Ownership
42.5% of Apigee shares are owned by institutional investors. Comparatively, 63.3% of shares of all “IT Services & Consulting” companies are owned by institutional investors. 40.6% of Apigee shares are owned by company insiders. Comparatively, 16.6% of shares of all “IT Services & Consulting” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
This is a summary of recent ratings and price targets for Apigee and its peers, as reported by MarketBeat.com.
||Strong Buy Ratings
As a group, “IT Services & Consulting” companies have a potential downside of 12.74%. Given Apigee’s peers higher possible upside, analysts plainly believe Apigee has less favorable growth aspects than its peers.
This table compares Apigee and its peers’ net margins, return on equity and return on assets.
||Return on Equity
||Return on Assets
Valuation and Earnings
This table compares Apigee and its peers top-line revenue, earnings per share (EPS) and valuation.
Apigee’s peers have higher revenue and earnings than Apigee. Apigee is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Apigee peers beat Apigee on 6 of the 8 factors compared.
Apigee Company Profile
Apigee Corporation is engaged in providing a software platform that allows businesses to design, deploy, and scale application program interfaces (APIs), as a connection layer between their core information technology (IT) systems and data and the applications, with which their customers, partners, employees and other users engage with the business. Its platform consists of the products, including Apigee Edge, Apigee Edge PRO, Apigee Link, Apigee Sense and Apigee Insights. Apigee Edge is an API-management solution. Apigee Insights is its predictive analytics software solution. Apigee Link is its Internet of Things (IoT) platform for connecting devices to the Internet, which is under development and in beta testing with certain customers. Apigee Sense is a bot prevention product. Apigee Edge PRO is a cloud-delivered service and is an API management for small and medium-sized businesses and divisions in a range of enterprises. It delivers its platform both in the cloud and on premises.
Receive News & Ratings for Apigee Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Apigee and related companies with MarketBeat.com's FREE daily email newsletter.