BYIT vs. SPT, BOKU, WPS, PAY, NETW, DARK, KNOS, OXIG, AWE, and TRST
Should you be buying Bytes Technology Group stock or one of its competitors? The main competitors of Bytes Technology Group include Spirent Communications (SPT), Boku (BOKU), W.A.G payment solutions (WPS), PayPoint (PAY), Network International (NETW), Darktrace (DARK), Kainos Group (KNOS), Oxford Instruments (OXIG), Alphawave IP Group (AWE), and Trustpilot Group (TRST). These companies are all part of the "computer and technology" sector.
Bytes Technology Group (LON:BYIT) and Spirent Communications (LON:SPT) are both small-cap computer and technology companies, but which is the superior stock? We will contrast the two businesses based on the strength of their community ranking, analyst recommendations, dividends, institutional ownership, profitability, risk, media sentiment, valuation and earnings.
Spirent Communications received 580 more outperform votes than Bytes Technology Group when rated by MarketBeat users. However, 93.33% of users gave Bytes Technology Group an outperform vote while only 58.99% of users gave Spirent Communications an outperform vote.
Bytes Technology Group has a net margin of 22.10% compared to Spirent Communications' net margin of 5.31%. Bytes Technology Group's return on equity of 83.16% beat Spirent Communications' return on equity.
Bytes Technology Group currently has a consensus target price of GBX 642.67, indicating a potential upside of 26.88%. Spirent Communications has a consensus target price of GBX 219.50, indicating a potential upside of 15.40%. Given Bytes Technology Group's stronger consensus rating and higher possible upside, analysts plainly believe Bytes Technology Group is more favorable than Spirent Communications.
65.6% of Bytes Technology Group shares are owned by institutional investors. Comparatively, 125.0% of Spirent Communications shares are owned by institutional investors. 9.5% of Bytes Technology Group shares are owned by insiders. Comparatively, 4.1% of Spirent Communications shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Bytes Technology Group pays an annual dividend of GBX 8 per share and has a dividend yield of 1.6%. Spirent Communications pays an annual dividend of GBX 6 per share and has a dividend yield of 3.2%. Bytes Technology Group pays out 4,444.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Spirent Communications pays out 20,000.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
Bytes Technology Group has a beta of 0.67, indicating that its share price is 33% less volatile than the S&P 500. Comparatively, Spirent Communications has a beta of 0.53, indicating that its share price is 47% less volatile than the S&P 500.
Bytes Technology Group has higher earnings, but lower revenue than Spirent Communications. Bytes Technology Group is trading at a lower price-to-earnings ratio than Spirent Communications, indicating that it is currently the more affordable of the two stocks.
In the previous week, Spirent Communications had 4 more articles in the media than Bytes Technology Group. MarketBeat recorded 4 mentions for Spirent Communications and 0 mentions for Bytes Technology Group. Spirent Communications' average media sentiment score of 0.69 beat Bytes Technology Group's score of 0.00 indicating that Spirent Communications is being referred to more favorably in the news media.
Summary
Bytes Technology Group beats Spirent Communications on 13 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding BYIT 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 LON 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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