DQ vs. FORM, POWI, TSEM, SLAB, IPGP, SYNA, DIOD, WOLF, CRDO, and SITM
Should you be buying Daqo New Energy stock or one of its competitors? The main competitors of Daqo New Energy include FormFactor (FORM), Power Integrations (POWI), Tower Semiconductor (TSEM), Silicon Laboratories (SLAB), IPG Photonics (IPGP), Synaptics (SYNA), Diodes (DIOD), Wolfspeed (WOLF), Credo Technology Group (CRDO), and SiTime (SITM). These companies are all part of the "semiconductors & related devices" industry.
FormFactor (NASDAQ:FORM) and Daqo New Energy (NYSE:DQ) are both computer and technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their earnings, risk, profitability, dividends, valuation, community ranking, media sentiment, analyst recommendations and institutional ownership.
FormFactor has a beta of 1.15, suggesting that its stock price is 15% more volatile than the S&P 500. Comparatively, Daqo New Energy has a beta of 0.32, suggesting that its stock price is 68% less volatile than the S&P 500.
FormFactor has a net margin of 15.48% compared to FormFactor's net margin of 7.84%. FormFactor's return on equity of 2.46% beat Daqo New Energy's return on equity.
98.8% of FormFactor shares are held by institutional investors. Comparatively, 47.2% of Daqo New Energy shares are held by institutional investors. 1.0% of FormFactor shares are held by company insiders. Comparatively, 24.3% of Daqo New Energy shares are held by company 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.
In the previous week, FormFactor had 5 more articles in the media than Daqo New Energy. MarketBeat recorded 15 mentions for FormFactor and 10 mentions for Daqo New Energy. FormFactor's average media sentiment score of 1.27 beat Daqo New Energy's score of 0.52 indicating that Daqo New Energy is being referred to more favorably in the news media.
Daqo New Energy has higher revenue and earnings than FormFactor. Daqo New Energy is trading at a lower price-to-earnings ratio than FormFactor, indicating that it is currently the more affordable of the two stocks.
FormFactor presently has a consensus target price of $48.40, indicating a potential downside of 14.37%. Daqo New Energy has a consensus target price of $27.63, indicating a potential upside of 29.82%. Given FormFactor's higher probable upside, analysts plainly believe Daqo New Energy is more favorable than FormFactor.
FormFactor received 115 more outperform votes than Daqo New Energy when rated by MarketBeat users. Likewise, 68.95% of users gave FormFactor an outperform vote while only 66.60% of users gave Daqo New Energy an outperform vote.
Summary
FormFactor beats Daqo New Energy on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding DQ 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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