CAN vs. MX, QUIK, AXTI, VLN, ATOM, PXLW, POET, KOPN, TGAN, and GCTS
Should you be buying Canaan stock or one of its competitors? The main competitors of Canaan include Magnachip Semiconductor (MX), QuickLogic (QUIK), AXT (AXTI), Valens Semiconductor (VLN), Atomera (ATOM), Pixelworks (PXLW), POET Technologies (POET), Kopin (KOPN), Transphorm (TGAN), and GCT Semiconductor (GCTS). These companies are all part of the "semiconductors & related devices" industry.
Canaan (NASDAQ:CAN) and Magnachip Semiconductor (NYSE:MX) are both small-cap computer and technology companies, but which is the superior investment? We will contrast the two businesses based on the strength of their earnings, institutional ownership, media sentiment, profitability, valuation, dividends, analyst recommendations, risk and community ranking.
Magnachip Semiconductor has a net margin of -13.76% compared to Canaan's net margin of -195.84%. Magnachip Semiconductor's return on equity of -8.16% beat Canaan's return on equity.
In the previous week, Canaan had 13 more articles in the media than Magnachip Semiconductor. MarketBeat recorded 16 mentions for Canaan and 3 mentions for Magnachip Semiconductor. Magnachip Semiconductor's average media sentiment score of 0.78 beat Canaan's score of 0.43 indicating that Magnachip Semiconductor is being referred to more favorably in the news media.
Canaan presently has a consensus target price of $4.25, indicating a potential upside of 351.60%. Magnachip Semiconductor has a consensus target price of $8.00, indicating a potential upside of 59.36%. Given Canaan's higher probable upside, research analysts plainly believe Canaan is more favorable than Magnachip Semiconductor.
Magnachip Semiconductor received 324 more outperform votes than Canaan when rated by MarketBeat users. However, 58.82% of users gave Canaan an outperform vote while only 57.09% of users gave Magnachip Semiconductor an outperform vote.
Canaan has a beta of 3.11, indicating that its stock price is 211% more volatile than the S&P 500. Comparatively, Magnachip Semiconductor has a beta of 0.77, indicating that its stock price is 23% less volatile than the S&P 500.
70.1% of Canaan shares are owned by institutional investors. Comparatively, 74.3% of Magnachip Semiconductor shares are owned by institutional investors. 0.3% of Canaan shares are owned by company insiders. Comparatively, 4.5% of Magnachip Semiconductor shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Magnachip Semiconductor has higher revenue and earnings than Canaan. Magnachip Semiconductor is trading at a lower price-to-earnings ratio than Canaan, indicating that it is currently the more affordable of the two stocks.
Summary
Magnachip Semiconductor beats Canaan on 10 of the 16 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding CAN 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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