Analyzing Meta Materials (NASDAQ:MMAT) & SMART Global (NASDAQ:SGH)

Meta Materials (NASDAQ:MMATGet Rating) and SMART Global (NASDAQ:SGHGet Rating) are both small-cap computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their risk, dividends, profitability, earnings, valuation, institutional ownership and analyst recommendations.

Institutional & Insider Ownership

21.1% of Meta Materials shares are owned by institutional investors. Comparatively, 52.6% of SMART Global shares are owned by institutional investors. 17.5% of Meta Materials shares are owned by insiders. Comparatively, 2.6% of SMART Global shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Valuation and Earnings

This table compares Meta Materials and SMART Global’s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Meta Materials $4.08 million 122.14 -$91.00 million -0.26 -6.46
SMART Global $1.50 billion 0.77 $21.31 million $0.64 35.97

SMART Global has higher revenue and earnings than Meta Materials. Meta Materials is trading at a lower price-to-earnings ratio than SMART Global, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Meta Materials and SMART Global’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Meta Materials -999.55% -18.65% -14.64%
SMART Global 1.97% 49.59% 11.86%

Risk and Volatility

Meta Materials has a beta of 1.47, suggesting that its stock price is 47% more volatile than the S&P 500. Comparatively, SMART Global has a beta of 1.17, suggesting that its stock price is 17% more volatile than the S&P 500.

Analyst Ratings

This is a summary of recent ratings and price targets for Meta Materials and SMART Global, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Meta Materials 0 0 1 0 3.00
SMART Global 0 0 6 0 3.00

SMART Global has a consensus price target of $43.00, indicating a potential upside of 85.34%. Given SMART Global’s higher possible upside, analysts plainly believe SMART Global is more favorable than Meta Materials.

Summary

SMART Global beats Meta Materials on 10 of the 13 factors compared between the two stocks.

Meta Materials Company Profile (Get Rating)

Meta Materials Inc. invents, designs, develops, and manufactures various functional materials and nanocomposites. Its products include metaAIR, a laser glare protection eyewear; NANOWEB, a transparent conductive film; holoOPTIX, a holographic optical element; glucoWISE, a non-invasive glucose measurement device; and metaSURFACE, which allows an enhancement in signal to noise ratio of up to 40 times for magnetic resonance imaging scans. The company 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, as well as engages in the research, development, and manufacture of smart materials. 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. was incorporated in 2007 and is headquartered in Dartmouth, Canada.

SMART Global Company Profile (Get Rating)

SMART Global Holdings, Inc. designs and manufactures specialty solutions for the computing, memory, and LED markets in the United states, Brazil, China, Europe, and internationally. It operates through Memory Solutions, Intelligent Platforms Solutions, and LED Solutions segments. The company offers dynamic random access memory modules for desktops, notebooks, servers, and smartphones; embedded and removable flash memory products; and flash component products. It also provides supply chain services, including procurement, logistics, inventory management, temporary warehousing, programming, kitting, and packaging. In addition, the company offers Penguin Computing solutions to customers in financial services, energy, government, social media, and education end markets; Penguin Edge solutions to government, telecommunications, health care, smart city, network edge, and industrial applications; and hardware and software products, including solutions based on the Open Compute Project. Further, it provides servers, software, integrated turn-key clusters, enterprise-grade storage, and networking in hardware or cloud-based solutions through Penguin-On-Demand; Open Compute Tundra Extreme Scale products; turn-key storage solutions; and rackmount servers and GPU accelerated computing platforms. Additionally, the company's LED Solutions offers application-optimized LEDs for lighting, video screens, and specialty lighting applications under the CreeLED brand. It sells its products directly to original equipment manufacturers, enterprise, government and other end customers through direct sales force, e-commerce, customer service representatives, on-site field application engineers, independent sales representatives, distributors, integrators, and resellers. The company was formerly known as Saleen Holdings, Inc. and changed its name to SMART Global Holdings, Inc. in August 2014. SMART Global Holdings, Inc. was founded in 1988 and is headquartered in Newark, California.

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