ONTO vs. TRMB, ALAB, JNPR, TWLO, BRKR, SNX, EPAM, WWD, JKHY, and ZG
Should you be buying Onto Innovation stock or one of its competitors? The main competitors of Onto Innovation include Trimble (TRMB), Astera Labs (ALAB), Juniper Networks (JNPR), Twilio (TWLO), Bruker (BRKR), TD SYNNEX (SNX), EPAM Systems (EPAM), Woodward (WWD), Jack Henry & Associates (JKHY), and Zillow Group (ZG). These companies are all part of the "computer and technology" sector.
Trimble (NASDAQ:TRMB) and Onto Innovation (NYSE:ONTO) are both large-cap computer and technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, risk, profitability, institutional ownership, community ranking, analyst recommendations, dividends, media sentiment and earnings.
Trimble currently has a consensus target price of $66.67, suggesting a potential upside of 16.77%. Onto Innovation has a consensus target price of $242.00, suggesting a potential upside of 8.28%. Given Onto Innovation's higher probable upside, analysts clearly believe Trimble is more favorable than Onto Innovation.
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.
Trimble has a beta of 1.51, indicating that its stock price is 51% more volatile than the S&P 500. Comparatively, Onto Innovation has a beta of 1.4, indicating that its stock price is 40% 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.
In the previous week, Trimble had 3 more articles in the media than Onto Innovation. MarketBeat recorded 24 mentions for Trimble and 21 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 news media.
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.
93.2% of Trimble shares are owned by institutional investors. Comparatively, 98.4% of Onto Innovation shares are owned by institutional investors. 0.5% of Trimble shares are owned by insiders. Comparatively, 0.7% of Onto Innovation shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Summary
Trimble and Onto Innovation tied by winning 8 of the 16 factors compared between the two stocks.
This chart shows the number of new MarketBeat users adding ONTO 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.
Onto Innovation Competitors List
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