GRMN vs. UEIC, NOC, LHX, TDY, NXT, DRS, NN, LUNR, IPAX, and CODA
Should you be buying Garmin stock or one of its competitors? The main competitors of Garmin include Universal Electronics (UEIC), Northrop Grumman (NOC), L3Harris Technologies (LHX), Teledyne Technologies (TDY), Nextracker (NXT), Leonardo DRS (DRS), NextNav (NN), Intuitive Machines (LUNR), Inflection Point Acquisition (IPAX), and Coda Octopus Group (CODA).
Universal Electronics (NASDAQ:UEIC) and Garmin (NYSE:GRMN) are both computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their risk, valuation, media sentiment, analyst recommendations, profitability, earnings, dividends, community ranking and institutional ownership.
Universal Electronics presently has a consensus price target of $13.00, suggesting a potential upside of 13.84%. Garmin has a consensus price target of $156.83, suggesting a potential downside of 4.17%. Given Garmin's higher possible upside, analysts plainly believe Universal Electronics is more favorable than Garmin.
Garmin received 120 more outperform votes than Universal Electronics when rated by MarketBeat users. However, 57.04% of users gave Universal Electronics an outperform vote while only 52.11% of users gave Garmin an outperform vote.
Universal Electronics has a beta of 1.07, meaning that its share price is 7% more volatile than the S&P 500. Comparatively, Garmin has a beta of 0.99, meaning that its share price is 1% less volatile than the S&P 500.
In the previous week, Garmin had 5 more articles in the media than Universal Electronics. MarketBeat recorded 8 mentions for Garmin and 3 mentions for Universal Electronics. Garmin's average media sentiment score of 1.69 beat Universal Electronics' score of 0.86 indicating that Universal Electronics is being referred to more favorably in the media.
Garmin has higher revenue and earnings than Universal Electronics. Universal Electronics is trading at a lower price-to-earnings ratio than Garmin, indicating that it is currently the more affordable of the two stocks.
79.3% of Universal Electronics shares are owned by institutional investors. Comparatively, 73.4% of Garmin shares are owned by institutional investors. 9.4% of Universal Electronics shares are owned by insiders. Comparatively, 19.5% of Garmin shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Garmin has a net margin of 24.96% compared to Garmin's net margin of -11.27%. Universal Electronics' return on equity of 17.26% beat Garmin's return on equity.
Summary
Garmin beats Universal Electronics on 13 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding GRMN 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.
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