CAE vs. NOVT, ATKR, FLNC, ENS, RUN, QS, SPB, ENR, ENVX, and SES
Should you be buying CAE stock or one of its competitors? The main competitors of CAE include Novanta (NOVT), Atkore (ATKR), Fluence Energy (FLNC), EnerSys (ENS), Sunrun (RUN), QuantumScape (QS), Spectrum Brands (SPB), Energizer (ENR), Enovix (ENVX), and SES AI (SES). These companies are all part of the "miscellaneous electrical machinery, equipment, & supplies" industry.
CAE (NYSE:CAE) and Novanta (NASDAQ:NOVT) are both mid-cap aerospace companies, but which is the better business? We will contrast the two businesses based on the strength of their dividends, analyst recommendations, risk, media sentiment, community ranking, institutional ownership, earnings, valuation and profitability.
67.4% of CAE shares are owned by institutional investors. Comparatively, 98.4% of Novanta shares are owned by institutional investors. 18.3% of CAE shares are owned by insiders. Comparatively, 1.2% of Novanta 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.
CAE presently has a consensus target price of $34.75, suggesting a potential upside of 85.04%. Given CAE's higher possible upside, equities analysts plainly believe CAE is more favorable than Novanta.
CAE received 261 more outperform votes than Novanta when rated by MarketBeat users. However, 72.14% of users gave Novanta an outperform vote while only 62.60% of users gave CAE an outperform vote.
CAE has a beta of 1.58, meaning that its stock price is 58% more volatile than the S&P 500. Comparatively, Novanta has a beta of 1.35, meaning that its stock price is 35% more volatile than the S&P 500.
CAE has higher revenue and earnings than Novanta. CAE is trading at a lower price-to-earnings ratio than Novanta, indicating that it is currently the more affordable of the two stocks.
In the previous week, CAE had 45 more articles in the media than Novanta. MarketBeat recorded 49 mentions for CAE and 4 mentions for Novanta. Novanta's average media sentiment score of 1.80 beat CAE's score of -0.10 indicating that Novanta is being referred to more favorably in the news media.
Novanta has a net margin of 7.76% compared to CAE's net margin of -6.97%. Novanta's return on equity of 16.58% beat CAE's return on equity.
Summary
Novanta beats CAE on 9 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding CAE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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