GRMN vs. UEIC, NOC, LHX, TDY, NXT, DRS, NN, LUNR, IPAX, and CODA
Should you be buying Garmin stock or one of its competitors? The main competitors of Garmin include Universal Electronics (UEIC), Northrop Grumman (NOC), L3Harris Technologies (LHX), Teledyne Technologies (TDY), Nextracker (NXT), Leonardo DRS (DRS), NextNav (NN), Intuitive Machines (LUNR), Inflection Point Acquisition (IPAX), and Coda Octopus Group (CODA).
Garmin (NYSE:GRMN) and Universal Electronics (NASDAQ:UEIC) are both computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their valuation, risk, earnings, institutional ownership, community ranking, media sentiment, analyst recommendations, profitability and dividends.
Garmin presently has a consensus target price of $156.83, suggesting a potential downside of 4.28%. Universal Electronics has a consensus target price of $13.00, suggesting a potential upside of 13.84%. Given Universal Electronics' higher possible upside, analysts plainly believe Universal Electronics is more favorable than Garmin.
Garmin has higher revenue and earnings than Universal Electronics. Universal Electronics is trading at a lower price-to-earnings ratio than Garmin, indicating that it is currently the more affordable of the two stocks.
Garmin received 120 more outperform votes than Universal Electronics when rated by MarketBeat users. However, 57.04% of users gave Universal Electronics an outperform vote while only 52.11% of users gave Garmin an outperform vote.
Garmin has a beta of 0.99, meaning that its share price is 1% less volatile than the S&P 500. Comparatively, Universal Electronics has a beta of 1.07, meaning that its share price is 7% more volatile than the S&P 500.
73.4% of Garmin shares are owned by institutional investors. Comparatively, 79.3% of Universal Electronics shares are owned by institutional investors. 19.5% of Garmin shares are owned by company insiders. Comparatively, 9.4% of Universal Electronics shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
In the previous week, Garmin had 5 more articles in the media than Universal Electronics. MarketBeat recorded 8 mentions for Garmin and 3 mentions for Universal Electronics. Universal Electronics' average media sentiment score of 1.62 beat Garmin's score of 0.93 indicating that Universal Electronics is being referred to more favorably in the news media.
Garmin has a net margin of 24.96% compared to Universal Electronics' net margin of -11.27%. Garmin's return on equity of 17.26% beat Universal Electronics' return on equity.
Summary
Garmin beats Universal Electronics on 13 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding GRMN 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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