TEL vs. FTNT, SMCI, ADSK, DASH, A, TEAM, TTD, MCHP, AME, and DDOG
Should you be buying TE Connectivity stock or one of its competitors? The main competitors of TE Connectivity include Fortinet (FTNT), Super Micro Computer (SMCI), Autodesk (ADSK), DoorDash (DASH), Agilent Technologies (A), Atlassian (TEAM), Trade Desk (TTD), Microchip Technology (MCHP), AMETEK (AME), and Datadog (DDOG). These companies are all part of the "computer and technology" sector.
TE Connectivity (NYSE:TEL) and Fortinet (NASDAQ:FTNT) are both large-cap computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their profitability, dividends, community ranking, analyst recommendations, earnings, risk, valuation, institutional ownership and media sentiment.
91.4% of TE Connectivity shares are held by institutional investors. Comparatively, 83.7% of Fortinet shares are held by institutional investors. 0.9% of TE Connectivity shares are held by company insiders. Comparatively, 17.5% of Fortinet shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
In the previous week, TE Connectivity had 5 more articles in the media than Fortinet. MarketBeat recorded 17 mentions for TE Connectivity and 12 mentions for Fortinet. Fortinet's average media sentiment score of 0.82 beat TE Connectivity's score of 0.56 indicating that Fortinet is being referred to more favorably in the news media.
TE Connectivity has a beta of 1.36, suggesting that its share price is 36% more volatile than the S&P 500. Comparatively, Fortinet has a beta of 1.08, suggesting that its share price is 8% more volatile than the S&P 500.
Fortinet received 650 more outperform votes than TE Connectivity when rated by MarketBeat users. However, 69.35% of users gave TE Connectivity an outperform vote while only 67.05% of users gave Fortinet an outperform vote.
Fortinet has a net margin of 22.23% compared to TE Connectivity's net margin of 21.63%. TE Connectivity's return on equity of 18.80% beat Fortinet's return on equity.
TE Connectivity has higher revenue and earnings than Fortinet. TE Connectivity is trading at a lower price-to-earnings ratio than Fortinet, indicating that it is currently the more affordable of the two stocks.
TE Connectivity presently has a consensus target price of $153.89, suggesting a potential upside of 1.91%. Fortinet has a consensus target price of $70.37, suggesting a potential upside of 14.55%. Given Fortinet's higher probable upside, analysts clearly believe Fortinet is more favorable than TE Connectivity.
Summary
TE Connectivity and Fortinet tied by winning 9 of the 18 factors compared between the two stocks.
Get TE Connectivity News Delivered to You Automatically
Sign up to receive the latest news and ratings for TEL and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding TEL 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.
TE Connectivity Competitors List
Related Companies and Tools
