DQ vs. ALGM, LITE, TSEM, SITM, LPL, PI, VIAV, KLIC, SIMO, and HIMX
Should you be buying Daqo New Energy stock or one of its competitors? The main competitors of Daqo New Energy include Allegro MicroSystems (ALGM), Lumentum (LITE), Tower Semiconductor (TSEM), SiTime (SITM), LG Display (LPL), Impinj (PI), Viavi Solutions (VIAV), Kulicke and Soffa Industries (KLIC), Silicon Motion Technology (SIMO), and Himax Technologies (HIMX). These companies are all part of the "electronic equipment" industry.
Daqo New Energy vs.
Allegro MicroSystems (NASDAQ:ALGM) and Daqo New Energy (NYSE:DQ) are both computer and technology companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, risk, community ranking, valuation, dividends, analyst recommendations, media sentiment, earnings and profitability.
Daqo New Energy received 293 more outperform votes than Allegro MicroSystems when rated by MarketBeat users. Likewise, 65.80% of users gave Daqo New Energy an outperform vote while only 65.63% of users gave Allegro MicroSystems an outperform vote.
Allegro MicroSystems has a net margin of -8.45% compared to Daqo New Energy's net margin of -9.16%. Allegro MicroSystems' return on equity of 4.31% beat Daqo New Energy's return on equity.
56.5% of Allegro MicroSystems shares are owned by institutional investors. Comparatively, 47.2% of Daqo New Energy shares are owned by institutional investors. 0.5% of Allegro MicroSystems shares are owned by company insiders. Comparatively, 24.3% of Daqo New Energy shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
In the previous week, Allegro MicroSystems had 4 more articles in the media than Daqo New Energy. MarketBeat recorded 10 mentions for Allegro MicroSystems and 6 mentions for Daqo New Energy. Daqo New Energy's average media sentiment score of 1.31 beat Allegro MicroSystems' score of 1.21 indicating that Daqo New Energy is being referred to more favorably in the news media.
Allegro MicroSystems has a beta of 1.67, indicating that its share price is 67% more volatile than the S&P 500. Comparatively, Daqo New Energy has a beta of 0.41, indicating that its share price is 59% less volatile than the S&P 500.
Daqo New Energy has higher revenue and earnings than Allegro MicroSystems. Allegro MicroSystems is trading at a lower price-to-earnings ratio than Daqo New Energy, indicating that it is currently the more affordable of the two stocks.
Allegro MicroSystems currently has a consensus price target of $30.70, suggesting a potential upside of 15.54%. Daqo New Energy has a consensus price target of $22.26, suggesting a potential upside of 15.32%. Given Allegro MicroSystems' higher possible upside, research analysts plainly believe Allegro MicroSystems is more favorable than Daqo New Energy.
Summary
Allegro MicroSystems beats Daqo New Energy on 10 of the 19 factors compared between the two stocks.
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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.
Media Sentiment Over Time
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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This page (NYSE:DQ) was last updated on 3/24/2025 by MarketBeat.com Staff
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