TRMB vs. ONTO, AZPN, MANH, NVT, JBL, DT, AKAM, LOGI, SWKS, and NICE
Should you be buying Trimble stock or one of its competitors? The main competitors of Trimble include Onto Innovation (ONTO), Aspen Technology (AZPN), Manhattan Associates (MANH), nVent Electric (NVT), Jabil (JBL), Dynatrace (DT), Akamai Technologies (AKAM), Logitech International (LOGI), Skyworks Solutions (SWKS), and NICE (NICE). These companies are all part of the "computer and technology" sector.
Onto Innovation (NYSE:ONTO) and Trimble (NASDAQ:TRMB) are both large-cap computer and technology companies, but which is the superior investment? We will contrast the two businesses based on the strength of their community ranking, earnings, profitability, analyst recommendations, valuation, institutional ownership, media sentiment, dividends and risk.
Onto Innovation has a beta of 1.4, suggesting that its stock price is 40% more volatile than the S&P 500. Comparatively, Trimble has a beta of 1.51, suggesting that its stock price is 51% more volatile than the S&P 500.
Trimble has higher revenue and earnings than Onto Innovation. Trimble is trading at a lower price-to-earnings ratio than Onto Innovation, indicating that it is currently the more affordable of the two stocks.
Onto Innovation has a net margin of 16.43% compared to Onto Innovation's net margin of 6.25%. Onto Innovation's return on equity of 12.04% beat Trimble's return on equity.
98.4% of Onto Innovation shares are held by institutional investors. Comparatively, 93.2% of Trimble shares are held by institutional investors. 0.7% of Onto Innovation shares are held by company insiders. Comparatively, 0.5% of Trimble shares are held 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.
Trimble received 175 more outperform votes than Onto Innovation when rated by MarketBeat users. Likewise, 68.35% of users gave Trimble an outperform vote while only 67.14% of users gave Onto Innovation an outperform vote.
In the previous week, Onto Innovation had 4 more articles in the media than Trimble. MarketBeat recorded 10 mentions for Onto Innovation and 6 mentions for Trimble. Trimble's average media sentiment score of 1.23 beat Onto Innovation's score of 1.14 indicating that Onto Innovation is being referred to more favorably in the media.
Onto Innovation currently has a consensus target price of $242.00, indicating a potential upside of 6.81%. Trimble has a consensus target price of $66.67, indicating a potential upside of 19.69%. Given Onto Innovation's higher possible upside, analysts clearly believe Trimble is more favorable than Onto Innovation.
Summary
Onto Innovation beats Trimble on 9 of the 16 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding TRMB 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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