Financial Analysis: Resonant (RESN) versus Hittite Microwave (HITT)

Hittite Microwave (NASDAQ: HITT) and Resonant (NASDAQ:RESN) are both companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, earnings, dividends, risk, analyst recommendations, valuation and institutional ownership.

Analyst Recommendations

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This is a breakdown of current ratings and price targets for Hittite Microwave and Resonant, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hittite Microwave 0 0 0 0 N/A
Resonant 0 0 6 0 3.00

Resonant has a consensus price target of $8.80, suggesting a potential upside of 125.06%.

Profitability

This table compares Hittite Microwave and Resonant’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Hittite Microwave N/A N/A N/A
Resonant -3,315.93% -126.81% -108.79%

Earnings & Valuation

This table compares Hittite Microwave and Resonant’s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Hittite Microwave N/A N/A N/A N/A N/A
Resonant $650,000.00 154.41 -$21.65 million ($1.26) -3.10

Hittite Microwave has higher earnings, but lower revenue than Resonant.

Institutional & Insider Ownership

7.9% of Resonant shares are held by institutional investors. 22.3% of Resonant shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Summary

Resonant beats Hittite Microwave on 4 of the 7 factors compared between the two stocks.

About Hittite Microwave

Hittite Microwave Corporation designs and develops integrated circuits (ICs), modules, subsystems and instrumentation for radio frequency (RF) microwave and millimeterwave applications. It offers a range of standard and custom ICs, modules, subsystems and instrumentation that perform a range of functions across the RF, microwave and millimeterwave frequency bands. It offers a range of radio frequency integrated circuits (RFICs), monolithic microwave integrated circuits (MMICs), multi-chip modules (MCMs), subsystems and instruments that perform a range of signal processing functions and that operate across the RF, microwave, millimeterwave and visible light frequency spectrum. In May 2014, the Company acquired Keragis Corporation. In July 2014, Analog Devices Inc acquired Hittite Microwave Corporation.

About Resonant

Resonant Inc. is a late-stage development company. The Company creates filter designs for radio frequency (RF) front-ends for the mobile device industry. The RF front-end is the circuitry in a mobile device for analog signal processing and is located between the device’s antenna and its digital baseband. The Company uses a technology called Infinite Synthesized Networks (ISN) to configure and connect resonators, the building blocks of RF filters. The Company uses ISN to develop new classes of filter designs. The Company is also developing a series of single-band surface acoustic wave (SAW) filter designs for frequency bands. The Company is developing multiplexer filter designs for over two bands to address the carrier aggregation (CA) requirements of its customers. In addition, the Company is also developing reconfigurable filter designs to replace multiple filters for multiple bands. The Company is also involved in the development of a filter reconfigurable between three bands.

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