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Azenta (AZTA) Competitors

Azenta logo
$50.43 +0.93 (+1.88%)
(As of 12/20/2024 05:45 PM ET)

AZTA vs. ESAB, SPXC, MOG.B, CHX, WFRD, WHD, HAYW, ATS, EPAC, and KRNT

Should you be buying Azenta stock or one of its competitors? The main competitors of Azenta include ESAB (ESAB), SPX Technologies (SPXC), Moog (MOG.B), ChampionX (CHX), Weatherford International (WFRD), Cactus (WHD), Hayward (HAYW), ATS (ATS), Enerpac Tool Group (EPAC), and Kornit Digital (KRNT). These companies are all part of the "machinery" industry.

Azenta vs.

Azenta (NASDAQ:AZTA) and ESAB (NYSE:ESAB) are both mid-cap medical companies, but which is the better business? We will compare the two businesses based on the strength of their analyst recommendations, dividends, valuation, risk, profitability, media sentiment, community ranking, institutional ownership and earnings.

ESAB has a net margin of 9.47% compared to Azenta's net margin of -25.01%. ESAB's return on equity of 17.27% beat Azenta's return on equity.

Company Net Margins Return on Equity Return on Assets
Azenta-25.01% 1.03% 0.89%
ESAB 9.47%17.27%7.65%

Azenta has a beta of 1.49, indicating that its stock price is 49% more volatile than the S&P 500. Comparatively, ESAB has a beta of 1.34, indicating that its stock price is 34% more volatile than the S&P 500.

ESAB has higher revenue and earnings than Azenta. Azenta is trading at a lower price-to-earnings ratio than ESAB, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Azenta$656.32M3.50-$164.17M-$2.97-16.98
ESAB$2.76B2.64$205.29M$4.2728.26

Azenta pays an annual dividend of $0.10 per share and has a dividend yield of 0.2%. ESAB pays an annual dividend of $0.32 per share and has a dividend yield of 0.3%. Azenta pays out -3.4% of its earnings in the form of a dividend. ESAB pays out 7.5% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Azenta received 1 more outperform votes than ESAB when rated by MarketBeat users. However, 46.67% of users gave ESAB an outperform vote while only 41.51% of users gave Azenta an outperform vote.

CompanyUnderperformOutperform
AzentaOutperform Votes
22
41.51%
Underperform Votes
31
58.49%
ESABOutperform Votes
21
46.67%
Underperform Votes
24
53.33%

Azenta presently has a consensus price target of $61.60, indicating a potential upside of 22.15%. ESAB has a consensus price target of $133.43, indicating a potential upside of 10.57%. Given Azenta's stronger consensus rating and higher possible upside, analysts clearly believe Azenta is more favorable than ESAB.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Azenta
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60
ESAB
1 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.43

99.1% of Azenta shares are owned by institutional investors. Comparatively, 91.1% of ESAB shares are owned by institutional investors. 1.8% of Azenta shares are owned by company insiders. Comparatively, 7.2% of ESAB shares are owned 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, Azenta had 1 more articles in the media than ESAB. MarketBeat recorded 6 mentions for Azenta and 5 mentions for ESAB. ESAB's average media sentiment score of 0.94 beat Azenta's score of 0.42 indicating that ESAB is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Azenta
0 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
ESAB
2 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

ESAB beats Azenta on 12 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ 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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AZTA vs. The Competition

MetricAzentaSpecial industry machinery IndustryMedical SectorNASDAQ Exchange
Market Cap$2.30B$17.60B$5.12B$9.07B
Dividend YieldN/A1.57%4.91%4.22%
P/E Ratio-16.9818.5891.3417.19
Price / Sales3.5010.001,116.63116.80
Price / Cash10.0922.6542.5837.86
Price / Book1.393.714.794.78
Net Income-$164.17M$565.95M$120.07M$225.60M
7 Day Performance12.24%-3.02%-1.90%-1.24%
1 Month Performance10.82%0.15%11.43%3.06%
1 Year Performance-21.63%1.06%30.59%16.50%

Azenta Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AZTA
Azenta
2.6347 of 5 stars
$50.43
+1.9%
$61.60
+22.1%
-19.4%$2.30B$656.32M-16.983,300Analyst Upgrade
High Trading Volume
ESAB
ESAB
3.7366 of 5 stars
$130.33
+2.1%
$133.43
+2.4%
+39.9%$7.88B$2.76B29.899,000Dividend Announcement
Positive News
SPXC
SPX Technologies
2.603 of 5 stars
$157.80
+1.5%
$164.00
+3.9%
+45.0%$7.32B$1.74B41.814,100
MOG.B
Moog
N/A$210.74
-2.4%
N/A+44.9%$6.74B$3.61B32.8814,000News Coverage
CHX
ChampionX
4.4371 of 5 stars
$28.46
-0.1%
$41.33
+45.2%
-15.7%$5.42B$3.67B17.707,100Dividend Announcement
Positive News
WFRD
Weatherford International
4.8742 of 5 stars
$73.95
-2.8%
$140.50
+90.0%
-30.1%$5.37B$5.14B10.6918,500Analyst Forecast
WHD
Cactus
2.756 of 5 stars
$63.12
-0.1%
$56.40
-10.6%
+27.4%$5.02B$1.10B22.641,600Positive News
HAYW
Hayward
3.6021 of 5 stars
$16.19
-0.4%
$16.80
+3.8%
+17.2%$3.49B$1.00B38.691,875
ATS
ATS
1.0103 of 5 stars
$31.04
-1.1%
$30.50
-1.7%
-29.9%$3.04B$2.85B32.707,000
EPAC
Enerpac Tool Group
3.2746 of 5 stars
$48.82
0.0%
N/A+43.0%$2.65B$589.51M31.312,000Earnings Report
News Coverage
KRNT
Kornit Digital
2.2682 of 5 stars
$32.69
+1.8%
$33.40
+2.2%
+76.4%$1.55B$199.71M-36.78880Positive News

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This page (NASDAQ:AZTA) was last updated on 12/21/2024 by MarketBeat.com Staff
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