SHLS vs. FORM, POWI, TSEM, SLAB, IPGP, SYNA, DIOD, WOLF, CRDO, and SITM
Should you be buying Shoals Technologies Group stock or one of its competitors? The main competitors of Shoals Technologies Group include FormFactor (FORM), Power Integrations (POWI), Tower Semiconductor (TSEM), Silicon Laboratories (SLAB), IPG Photonics (IPGP), Synaptics (SYNA), Diodes (DIOD), Wolfspeed (WOLF), Credo Technology Group (CRDO), and SiTime (SITM). These companies are all part of the "semiconductors & related devices" industry.
Shoals Technologies Group (NASDAQ:SHLS) and FormFactor (NASDAQ:FORM) are both oils/energy companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, media sentiment, analyst recommendations, risk, dividends, institutional ownership, earnings, community ranking and profitability.
Shoals Technologies Group has a beta of 1.86, meaning that its stock price is 86% more volatile than the S&P 500. Comparatively, FormFactor has a beta of 1.15, meaning that its stock price is 15% more volatile than the S&P 500.
Shoals Technologies Group currently has a consensus target price of $17.29, indicating a potential upside of 119.75%. FormFactor has a consensus target price of $48.40, indicating a potential downside of 11.55%. Given Shoals Technologies Group's stronger consensus rating and higher probable upside, equities research analysts plainly believe Shoals Technologies Group is more favorable than FormFactor.
98.8% of FormFactor shares are owned by institutional investors. 1.7% of Shoals Technologies Group shares are owned by company insiders. Comparatively, 1.0% of FormFactor shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
In the previous week, FormFactor had 3 more articles in the media than Shoals Technologies Group. MarketBeat recorded 11 mentions for FormFactor and 8 mentions for Shoals Technologies Group. Shoals Technologies Group's average media sentiment score of 0.94 beat FormFactor's score of 0.32 indicating that Shoals Technologies Group is being referred to more favorably in the media.
FormFactor has a net margin of 15.48% compared to Shoals Technologies Group's net margin of 6.42%. Shoals Technologies Group's return on equity of 13.95% beat FormFactor's return on equity.
FormFactor has higher revenue and earnings than Shoals Technologies Group. FormFactor is trading at a lower price-to-earnings ratio than Shoals Technologies Group, indicating that it is currently the more affordable of the two stocks.
FormFactor received 394 more outperform votes than Shoals Technologies Group when rated by MarketBeat users. Likewise, 68.95% of users gave FormFactor an outperform vote while only 47.30% of users gave Shoals Technologies Group an outperform vote.
Summary
Shoals Technologies Group and FormFactor tied by winning 9 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SHLS 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 NASDAQ 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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