AXON vs. DOV, BALL, HUBB, TS, AVY, IEX, ZBRA, PKG, ROK, and NDSN
Should you be buying Axon Enterprise stock or one of its competitors? The main competitors of Axon Enterprise include Dover (DOV), Ball (BALL), Hubbell (HUBB), Tenaris (TS), Avery Dennison (AVY), IDEX (IEX), Zebra Technologies (ZBRA), Packaging Co. of America (PKG), Rockwell Automation (ROK), and Nordson (NDSN). These companies are all part of the "industrial products" sector.
Dover (NYSE:DOV) and Axon Enterprise (NASDAQ:AXON) are both large-cap industrial products companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, analyst recommendations, media sentiment, earnings, dividends, community ranking, profitability, valuation and risk.
Dover has higher revenue and earnings than Axon Enterprise. Dover is trading at a lower price-to-earnings ratio than Axon Enterprise, indicating that it is currently the more affordable of the two stocks.
Dover has a net margin of 17.28% compared to Dover's net margin of 11.14%. Axon Enterprise's return on equity of 25.04% beat Dover's return on equity.
Dover has a beta of 1.25, indicating that its share price is 25% more volatile than the S&P 500. Comparatively, Axon Enterprise has a beta of 0.91, indicating that its share price is 9% less volatile than the S&P 500.
Dover received 299 more outperform votes than Axon Enterprise when rated by MarketBeat users. However, 64.11% of users gave Axon Enterprise an outperform vote while only 61.60% of users gave Dover an outperform vote.
In the previous week, Axon Enterprise had 4 more articles in the media than Dover. MarketBeat recorded 41 mentions for Axon Enterprise and 37 mentions for Dover. Dover's average media sentiment score of 0.69 beat Axon Enterprise's score of 0.24 indicating that Axon Enterprise is being referred to more favorably in the news media.
Dover currently has a consensus price target of $185.75, indicating a potential upside of 1.09%. Axon Enterprise has a consensus price target of $333.08, indicating a potential upside of 6.81%. Given Dover's stronger consensus rating and higher possible upside, analysts plainly believe Axon Enterprise is more favorable than Dover.
84.5% of Dover shares are owned by institutional investors. Comparatively, 79.1% of Axon Enterprise shares are owned by institutional investors. 1.3% of Dover shares are owned by insiders. Comparatively, 5.7% of Axon Enterprise shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Summary
Dover and Axon Enterprise tied by winning 9 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding AXON 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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