COHR vs. WEX, CART, STN, FCN, CFLT, DUOL, NOV, RHI, PCOR, and ULS
Should you be buying Coherent stock or one of its competitors? The main competitors of Coherent include WEX (WEX), Maplebear (CART), Stantec (STN), FTI Consulting (FCN), Confluent (CFLT), Duolingo (DUOL), NOV (NOV), Robert Half (RHI), Procore Technologies (PCOR), and UL Solutions (ULS). These companies are all part of the "business services" sector.
Coherent (NYSE:COHR) and WEX (NYSE:WEX) are both mid-cap business services companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, community ranking, profitability, earnings, dividends, institutional ownership, media sentiment, analyst recommendations and risk.
83.3% of Coherent shares are owned by institutional investors. Comparatively, 97.5% of WEX shares are owned by institutional investors. 1.3% of Coherent shares are owned by insiders. Comparatively, 1.1% of WEX shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Coherent currently has a consensus target price of $56.36, indicating a potential downside of 4.59%. WEX has a consensus target price of $240.00, indicating a potential upside of 21.08%. Given WEX's higher probable upside, analysts plainly believe WEX is more favorable than Coherent.
WEX has a net margin of 10.21% compared to Coherent's net margin of -6.22%. WEX's return on equity of 30.92% beat Coherent's return on equity.
In the previous week, WEX had 2 more articles in the media than Coherent. MarketBeat recorded 7 mentions for WEX and 5 mentions for Coherent. WEX's average media sentiment score of 0.87 beat Coherent's score of -0.05 indicating that WEX is being referred to more favorably in the news media.
WEX has lower revenue, but higher earnings than Coherent. Coherent is trading at a lower price-to-earnings ratio than WEX, indicating that it is currently the more affordable of the two stocks.
Coherent received 42 more outperform votes than WEX when rated by MarketBeat users. Likewise, 62.70% of users gave Coherent an outperform vote while only 60.71% of users gave WEX an outperform vote.
Coherent has a beta of 1.69, indicating that its stock price is 69% more volatile than the S&P 500. Comparatively, WEX has a beta of 1.6, indicating that its stock price is 60% more volatile than the S&P 500.
Summary
WEX beats Coherent on 11 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding COHR 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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