AVT vs. ARW, PI, ASGN, CVLT, SATS, VERX, CLVT, WK, FIVN, and ITRI
Should you be buying Avnet stock or one of its competitors? The main competitors of Avnet include Arrow Electronics (ARW), Impinj (PI), ASGN (ASGN), Commvault Systems (CVLT), EchoStar (SATS), Vertex (VERX), Clarivate (CLVT), Workiva (WK), Five9 (FIVN), and Itron (ITRI). These companies are all part of the "computer and technology" sector.
Arrow Electronics (NYSE:ARW) and Avnet (NASDAQ:AVT) are both mid-cap computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, valuation, risk, analyst recommendations, institutional ownership, earnings, community ranking, profitability and media sentiment.
Arrow Electronics currently has a consensus target price of $136.00, indicating a potential upside of 9.00%. Avnet has a consensus target price of $45.50, indicating a potential downside of 5.35%. Given Avnet's stronger consensus rating and higher possible upside, equities analysts clearly believe Arrow Electronics is more favorable than Avnet.
Arrow Electronics has higher revenue and earnings than Avnet. Avnet is trading at a lower price-to-earnings ratio than Arrow Electronics, indicating that it is currently the more affordable of the two stocks.
In the previous week, Avnet had 10 more articles in the media than Arrow Electronics. MarketBeat recorded 19 mentions for Avnet and 9 mentions for Arrow Electronics. Avnet's average media sentiment score of 1.13 beat Arrow Electronics' score of 0.35 indicating that Arrow Electronics is being referred to more favorably in the media.
Arrow Electronics has a beta of 1.41, indicating that its stock price is 41% more volatile than the S&P 500. Comparatively, Avnet has a beta of 1.24, indicating that its stock price is 24% more volatile than the S&P 500.
99.3% of Arrow Electronics shares are owned by institutional investors. Comparatively, 95.8% of Avnet shares are owned by institutional investors. 0.6% of Arrow Electronics shares are owned by insiders. Comparatively, 1.3% of Avnet shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Arrow Electronics received 419 more outperform votes than Avnet when rated by MarketBeat users. Likewise, 68.92% of users gave Arrow Electronics an outperform vote while only 23.08% of users gave Avnet an outperform vote.
Arrow Electronics has a net margin of 2.73% compared to Arrow Electronics' net margin of 2.62%. Avnet's return on equity of 17.22% beat Arrow Electronics' return on equity.
Summary
Arrow Electronics beats Avnet on 14 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding AVT 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 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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