SNX vs. QRVO, CYBR, DOX, TOST, ZG, FFIV, PATH, PAYC, TWLO, and ALAB
Should you be buying TD SYNNEX stock or one of its competitors? The main competitors of TD SYNNEX include Qorvo (QRVO), CyberArk Software (CYBR), Amdocs (DOX), Toast (TOST), Zillow Group (ZG), F5 (FFIV), UiPath (PATH), Paycom Software (PAYC), Twilio (TWLO), and Astera Labs (ALAB). These companies are all part of the "computer and technology" sector.
TD SYNNEX (NYSE:SNX) and Qorvo (NASDAQ:QRVO) are both large-cap computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, community ranking, dividends, valuation, earnings, analyst recommendations, media sentiment, risk and institutional ownership.
84.0% of TD SYNNEX shares are owned by institutional investors. Comparatively, 88.6% of Qorvo shares are owned by institutional investors. 1.9% of TD SYNNEX shares are owned by company insiders. Comparatively, 0.4% of Qorvo shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
In the previous week, TD SYNNEX and TD SYNNEX both had 7 articles in the media. TD SYNNEX's average media sentiment score of 1.07 beat Qorvo's score of 0.96 indicating that TD SYNNEX is being referred to more favorably in the media.
TD SYNNEX currently has a consensus price target of $121.82, suggesting a potential upside of 3.73%. Qorvo has a consensus price target of $111.53, suggesting a potential downside of 4.47%. Given TD SYNNEX's stronger consensus rating and higher probable upside, analysts plainly believe TD SYNNEX is more favorable than Qorvo.
Qorvo received 223 more outperform votes than TD SYNNEX when rated by MarketBeat users. Likewise, 66.83% of users gave Qorvo an outperform vote while only 61.99% of users gave TD SYNNEX an outperform vote.
TD SYNNEX has higher revenue and earnings than Qorvo. Qorvo is trading at a lower price-to-earnings ratio than TD SYNNEX, indicating that it is currently the more affordable of the two stocks.
TD SYNNEX has a beta of 1.64, indicating that its share price is 64% more volatile than the S&P 500. Comparatively, Qorvo has a beta of 1.56, indicating that its share price is 56% more volatile than the S&P 500.
TD SYNNEX has a net margin of 1.12% compared to Qorvo's net margin of -6.11%. TD SYNNEX's return on equity of 12.16% beat Qorvo's return on equity.
Summary
TD SYNNEX beats Qorvo on 11 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SNX 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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