NVMI vs. COHR, CAMT, CYBE, OPXS, MSAI, SMAP, IIVI, KLAC, KEYS, and ASX
Should you be buying Nova stock or one of its competitors? The main competitors of Nova include Coherent (COHR), Camtek (CAMT), CyberOptics (CYBE), Optex Systems (OPXS), MultiSensor AI (MSAI), SportsMap Tech Acquisition (SMAP), II-VI (IIVI), KLA (KLAC), Keysight Technologies (KEYS), and ASE Technology (ASX).
Coherent (NYSE:COHR) and Nova (NASDAQ:NVMI) are both mid-cap business services companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, dividends, community ranking, media sentiment, risk, profitability, earnings and institutional ownership.
83.3% of Coherent shares are held by institutional investors. Comparatively, 83.0% of Nova shares are held by institutional investors. 1.3% of Coherent shares are held by company insiders. Comparatively, 1.0% of Nova shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Coherent has a beta of 1.69, meaning that its stock price is 69% more volatile than the S&P 500. Comparatively, Nova has a beta of 1.4, meaning that its stock price is 40% more volatile than the S&P 500.
In the previous week, Coherent and Coherent both had 5 articles in the media. Coherent's average media sentiment score of 1.49 beat Nova's score of 0.18 indicating that Nova is being referred to more favorably in the news media.
Nova has a net margin of 26.26% compared to Nova's net margin of -6.22%. Coherent's return on equity of 19.89% beat Nova's return on equity.
Nova has lower revenue, but higher earnings than Coherent. Coherent is trading at a lower price-to-earnings ratio than Nova, indicating that it is currently the more affordable of the two stocks.
Coherent currently has a consensus target price of $56.36, suggesting a potential downside of 1.23%. Nova has a consensus target price of $221.25, suggesting a potential upside of 6.04%. Given Coherent's stronger consensus rating and higher possible upside, analysts clearly believe Nova is more favorable than Coherent.
Coherent received 93 more outperform votes than Nova when rated by MarketBeat users. However, 74.41% of users gave Nova an outperform vote while only 62.70% of users gave Coherent an outperform vote.
Summary
Nova beats Coherent 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 NVMI 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 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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