GRMN vs. VEEV, MTD, FICO, CTSH, ON, ORAN, MPWR, HPQ, GFS, and HUBS
Should you be buying Garmin stock or one of its competitors? The main competitors of Garmin include Veeva Systems (VEEV), Mettler-Toledo International (MTD), Fair Isaac (FICO), Cognizant Technology Solutions (CTSH), Onsemi (ON), Orange (ORAN), Monolithic Power Systems (MPWR), HP (HPQ), GLOBALFOUNDRIES (GFS), and HubSpot (HUBS). These companies are all part of the "computer and technology" sector.
Garmin (NYSE:GRMN) and Veeva Systems (NYSE:VEEV) are both large-cap computer and technology companies, but which is the better investment? We will contrast the two businesses based on the strength of their risk, media sentiment, dividends, valuation, profitability, community ranking, institutional ownership, earnings and analyst recommendations.
Garmin has a beta of 0.99, meaning that its share price is 1% less volatile than the S&P 500. Comparatively, Veeva Systems has a beta of 0.76, meaning that its share price is 24% less volatile than the S&P 500.
Garmin has higher revenue and earnings than Veeva Systems. Garmin is trading at a lower price-to-earnings ratio than Veeva Systems, indicating that it is currently the more affordable of the two stocks.
73.4% of Garmin shares are owned by institutional investors. Comparatively, 88.2% of Veeva Systems shares are owned by institutional investors. 19.5% of Garmin shares are owned by insiders. Comparatively, 10.5% of Veeva Systems shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
In the previous week, Garmin had 2 more articles in the media than Veeva Systems. MarketBeat recorded 23 mentions for Garmin and 21 mentions for Veeva Systems. Veeva Systems' average media sentiment score of 0.90 beat Garmin's score of 0.59 indicating that Veeva Systems is being referred to more favorably in the news media.
Garmin has a net margin of 24.96% compared to Veeva Systems' net margin of 22.24%. Garmin's return on equity of 17.26% beat Veeva Systems' return on equity.
Veeva Systems received 255 more outperform votes than Garmin when rated by MarketBeat users. Likewise, 69.83% of users gave Veeva Systems an outperform vote while only 52.17% of users gave Garmin an outperform vote.
Garmin presently has a consensus price target of $159.33, indicating a potential downside of 6.79%. Veeva Systems has a consensus price target of $234.90, indicating a potential upside of 11.71%. Given Veeva Systems' stronger consensus rating and higher possible upside, analysts clearly believe Veeva Systems is more favorable than Garmin.
Summary
Garmin beats Veeva Systems on 10 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding GRMN 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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