COHR vs. CGNX, BMI, ITRI, OSIS, MLAB, DAKT, VPG, FARO, NVMI, and CAMT
Should you be buying Coherent stock or one of its competitors? The main competitors of Coherent include Cognex (CGNX), Badger Meter (BMI), Itron (ITRI), OSI Systems (OSIS), Mesa Laboratories (MLAB), Daktronics (DAKT), Vishay Precision Group (VPG), FARO Technologies (FARO), Nova (NVMI), and Camtek (CAMT).
Cognex (NASDAQ:CGNX) and Coherent (NYSE:COHR) are both mid-cap computer and technology companies, but which is the better stock? We will compare the two businesses based on the strength of their risk, dividends, institutional ownership, earnings, valuation, media sentiment, profitability, community ranking and analyst recommendations.
88.1% of Cognex shares are owned by institutional investors. Comparatively, 83.3% of Coherent shares are owned by institutional investors. 1.1% of Cognex shares are owned by insiders. Comparatively, 1.3% of Coherent shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Cognex has higher earnings, but lower revenue than Coherent. Coherent is trading at a lower price-to-earnings ratio than Cognex, indicating that it is currently the more affordable of the two stocks.
Cognex currently has a consensus target price of $49.15, indicating a potential upside of 7.98%. Coherent has a consensus target price of $56.36, indicating a potential downside of 1.23%. Given Coherent's higher probable upside, analysts clearly believe Cognex is more favorable than Coherent.
Cognex has a net margin of 11.76% compared to Cognex's net margin of -6.22%. Coherent's return on equity of 6.81% beat Cognex's return on equity.
In the previous week, Cognex had 5 more articles in the media than Coherent. MarketBeat recorded 10 mentions for Cognex and 5 mentions for Coherent. Coherent's average media sentiment score of 1.17 beat Cognex's score of 0.18 indicating that Cognex is being referred to more favorably in the media.
Coherent received 25 more outperform votes than Cognex when rated by MarketBeat users. Likewise, 62.70% of users gave Coherent an outperform vote while only 60.57% of users gave Cognex an outperform vote.
Cognex has a beta of 1.48, meaning that its stock price is 48% more volatile than the S&P 500. Comparatively, Coherent has a beta of 1.69, meaning that its stock price is 69% more volatile than the S&P 500.
Summary
Cognex beats Coherent on 12 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding COHR 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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