AVT vs. ARW, ITRN, RADA, RELL, VOXX, TAIT, TEL, PSTG, STX, and ERIC
Should you be buying Avnet stock or one of its competitors? The main competitors of Avnet include Arrow Electronics (ARW), Ituran Location and Control (ITRN), RADA Electronic Industries (RADA), Richardson Electronics (RELL), VOXX International (VOXX), Taitron Components (TAIT), TE Connectivity (TEL), Pure Storage (PSTG), Seagate Technology (STX), and Telefonaktiebolaget LM Ericsson (publ) (ERIC).
Avnet (NASDAQ:AVT) and Arrow Electronics (NYSE:ARW) are both mid-cap computer and technology companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, dividends, analyst recommendations, profitability, valuation, community ranking, risk, earnings and media sentiment.
Avnet presently has a consensus target price of $45.00, suggesting a potential downside of 17.55%. Arrow Electronics has a consensus target price of $134.67, suggesting a potential upside of 3.16%. Given Arrow Electronics' stronger consensus rating and higher probable upside, analysts clearly believe Arrow Electronics is more favorable than Avnet.
Avnet has a beta of 1.21, meaning that its share price is 21% more volatile than the S&P 500. Comparatively, Arrow Electronics has a beta of 1.39, meaning that its share price is 39% more volatile than the S&P 500.
In the previous week, Arrow Electronics had 5 more articles in the media than Avnet. MarketBeat recorded 20 mentions for Arrow Electronics and 15 mentions for Avnet. Avnet's average media sentiment score of 0.99 beat Arrow Electronics' score of 0.22 indicating that Avnet is being referred to more favorably in the media.
Arrow Electronics has higher revenue and earnings than Avnet. Avnet is trading at a lower price-to-earnings ratio than Arrow Electronics, indicating that it is currently the more affordable of the two stocks.
95.8% of Avnet shares are owned by institutional investors. Comparatively, 99.3% of Arrow Electronics shares are owned by institutional investors. 1.3% of Avnet shares are owned by insiders. Comparatively, 1.0% of Arrow Electronics shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Avnet has a net margin of 2.31% compared to Arrow Electronics' net margin of 2.28%. Arrow Electronics' return on equity of 14.61% beat Avnet's return on equity.
Arrow Electronics received 419 more outperform votes than Avnet when rated by MarketBeat users. Likewise, 68.70% of users gave Arrow Electronics an outperform vote while only 22.50% of users gave Avnet an outperform vote.
Summary
Arrow Electronics beats Avnet on 13 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding AVT 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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