WWD vs. SNX, TOST, BRKR, ONTO, PAYC, JNPR, CYBR, DOX, FFIV, and ZG
Should you be buying Woodward stock or one of its competitors? The main competitors of Woodward include TD SYNNEX (SNX), Toast (TOST), Bruker (BRKR), Onto Innovation (ONTO), Paycom Software (PAYC), Juniper Networks (JNPR), CyberArk Software (CYBR), Amdocs (DOX), F5 (FFIV), and Zillow Group (ZG). These companies are all part of the "computer and technology" sector.
Woodward (NASDAQ:WWD) and TD SYNNEX (NYSE:SNX) are both large-cap computer and technology companies, but which is the better stock? We will compare the two businesses based on the strength of their earnings, community ranking, analyst recommendations, media sentiment, dividends, valuation, risk, profitability and institutional ownership.
Woodward pays an annual dividend of $1.00 per share and has a dividend yield of 0.6%. TD SYNNEX pays an annual dividend of $1.60 per share and has a dividend yield of 1.3%. Woodward pays out 17.5% of its earnings in the form of a dividend. TD SYNNEX pays out 23.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.
Woodward currently has a consensus price target of $173.13, suggesting a potential downside of 2.33%. TD SYNNEX has a consensus price target of $121.82, suggesting a potential upside of 0.24%. Given TD SYNNEX's stronger consensus rating and higher possible upside, analysts plainly believe TD SYNNEX is more favorable than Woodward.
In the previous week, Woodward had 7 more articles in the media than TD SYNNEX. MarketBeat recorded 14 mentions for Woodward and 7 mentions for TD SYNNEX. TD SYNNEX's average media sentiment score of 0.82 beat Woodward's score of 0.78 indicating that TD SYNNEX is being referred to more favorably in the news media.
Woodward has a beta of 1.31, indicating that its stock price is 31% more volatile than the S&P 500. Comparatively, TD SYNNEX has a beta of 1.59, indicating that its stock price is 59% more volatile than the S&P 500.
TD SYNNEX has higher revenue and earnings than Woodward. TD SYNNEX is trading at a lower price-to-earnings ratio than Woodward, indicating that it is currently the more affordable of the two stocks.
Woodward has a net margin of 11.09% compared to TD SYNNEX's net margin of 1.12%. Woodward's return on equity of 16.50% beat TD SYNNEX's return on equity.
81.2% of Woodward shares are owned by institutional investors. Comparatively, 84.0% of TD SYNNEX shares are owned by institutional investors. 1.1% of Woodward shares are owned by insiders. Comparatively, 1.9% of TD SYNNEX shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
TD SYNNEX received 237 more outperform votes than Woodward when rated by MarketBeat users. Likewise, 61.99% of users gave TD SYNNEX an outperform vote while only 58.63% of users gave Woodward an outperform vote.
Summary
TD SYNNEX beats Woodward on 13 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding WWD 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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