Symbolic Logic (NASDAQ:EVOL) versus Wipro (NYSE:WIT) Critical Contrast

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

Analyst Recommendations

This is a summary of recent recommendations and price targets for Symbolic Logic and Wipro, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Symbolic Logic	0	0	0	0	N/A
Wipro	3	0	0	0	1.00

Wipro has a consensus price target of $5.30, suggesting a potential downside of 10.02%. Given Wipro’s higher possible upside, analysts plainly believe Wipro is more favorable than Symbolic Logic.

Volatility & Risk

Symbolic Logic has a beta of 0.53, suggesting that its stock price is 47% less volatile than the S&P 500. Comparatively, Wipro has a beta of 0.85, suggesting that its stock price is 15% less volatile than the S&P 500.

Institutional & Insider Ownership

2.4% of Wipro shares are owned by institutional investors. 3.0% of Symbolic Logic shares are owned by insiders. Comparatively, 1.0% of Wipro shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Dividends

Symbolic Logic pays an annual dividend of $0.44 per share and has a dividend yield of 42.3%. Wipro pays an annual dividend of $0.01 per share and has a dividend yield of 0.2%. Wipro pays out 4.0% of its earnings in the form of a dividend.

Profitability

This table compares Symbolic Logic and Wipro’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
Wipro	12.29%	15.60%	9.61%

Valuation & Earnings

This table compares Symbolic Logic and Wipro’s gross 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
Wipro	$897.60 billion	0.03	$1.33 billion	$0.25	23.56

Wipro has higher revenue and earnings than Symbolic Logic.

Summary

Wipro beats Symbolic Logic on 8 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 Wipro

Wipro Limited operates as an information technology (IT), consulting, and business process services company worldwide. It operates through three segments: IT Services, IT Products, and India State Run Enterprise Services (ISRE). The IT Services segment offers IT and IT-enabled services, including digital strategy advisory, customer-centric design, technology and IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, cloud and infrastructure, business process, cloud, mobility and analytics, research and development, and hardware and software design services to enterprises. It serves customers in various industry sectors, such as healthcare and medical devices, consumer goods and life sciences, retail, transportation and services, communications, media and information services, technology products and platforms, banking, financial services and insurance, manufacturing, hi-tech, energy, and utilities. The IT Products segment provides a range of third-party IT products comprising enterprise platforms, networking solutions, software and data storage products, contact center infrastructure, enterprise security, IT optimization technologies, video solutions, and end-user computing solutions. It serves enterprises in various industries primarily in the Indian market, which comprise the government, defense, IT and IT-enabled services, telecommunications, manufacturing, utilities, education, and financial services sectors. The ISRE segment offers IT services to entities and departments owned or controlled by the Government of India and/or various Indian State Governments. It also provides cybersecurity consulting services. The company has a partnership with ServiceNow, Inc. to develop Wipro CyberTransform – Intelligent ServiceNow Risk and Security Solutions. The company was incorporated in 1945 and is based in Bengaluru, India.