TRMB vs. ONTO, NICE, LOGI, AKAM, JBL, DT, NVT, MANH, AZPN, and SWKS Should you be buying Trimble stock or one of its competitors? The main competitors of Trimble include Onto Innovation (ONTO), NICE (NICE), Logitech International (LOGI), Akamai Technologies (AKAM), Jabil (JBL), Dynatrace (DT), nVent Electric (NVT), Manhattan Associates (MANH), Aspen Technology (AZPN), and Skyworks Solutions (SWKS). These companies are all part of the "computer and technology" sector.
Onto Innovation (NYSE:ONTO ) and Trimble (NASDAQ:TRMB ) are both large-cap computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their community ranking, analyst recommendations, risk, institutional ownership, profitability, earnings, dividends, media sentiment and valuation.
Onto Innovation currently has a consensus price target of $242.00, suggesting a potential upside of 8.28%. Trimble has a consensus price target of $66.67, suggesting a potential upside of 16.77%. Given Onto Innovation's higher possible upside, analysts clearly believe Trimble is more favorable than Onto Innovation.
Onto Innovation has a beta of 1.4, meaning that its share price is 40% more volatile than the S&P 500. Comparatively, Trimble has a beta of 1.51, meaning that its share price is 51% more volatile than the S&P 500.
Onto Innovation has a net margin of 16.43% compared to Onto Innovation's net margin of 6.25%. Onto Innovation's return on equity of 12.04% beat Trimble's return on equity.
Trimble received 175 more outperform votes than Onto Innovation when rated by MarketBeat users. Likewise, 68.35% of users gave Trimble an outperform vote while only 67.14% of users gave Onto Innovation an outperform vote.
Trimble has higher revenue and earnings than Onto Innovation. Trimble is trading at a lower price-to-earnings ratio than Onto Innovation, indicating that it is currently the more affordable of the two stocks.
In the previous week, Trimble had 3 more articles in the media than Onto Innovation. MarketBeat recorded 25 mentions for Trimble and 22 mentions for Onto Innovation. Trimble's average media sentiment score of 1.27 beat Onto Innovation's score of 0.50 indicating that Onto Innovation is being referred to more favorably in the media.
98.4% of Onto Innovation shares are held by institutional investors. Comparatively, 93.2% of Trimble shares are held by institutional investors. 0.7% of Onto Innovation shares are held by company insiders. Comparatively, 0.5% of Trimble shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Summary Onto Innovation and Trimble tied by winning 8 of the 16 factors compared between the two stocks.
This chart shows the number of new MarketBeat users adding TRMB and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart 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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