KRNT vs. CECO, PRLB, DXPE, OFLX, TWI, MYE, IIIN, ERII, XMTR, and GRC
Should you be buying Kornit Digital stock or one of its competitors? The main competitors of Kornit Digital include CECO Environmental (CECO), Proto Labs (PRLB), DXP Enterprises (DXPE), Omega Flex (OFLX), Titan International (TWI), Myers Industries (MYE), Insteel Industries (IIIN), Energy Recovery (ERII), Xometry (XMTR), and Gorman-Rupp (GRC). These companies are all part of the "industrial products" sector.
CECO Environmental (NASDAQ:CECO) and Kornit Digital (NASDAQ:KRNT) are both small-cap industrial products companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, risk, earnings, community ranking, institutional ownership, media sentiment, dividends, valuation and profitability.
CECO Environmental presently has a consensus target price of $27.40, suggesting a potential upside of 10.00%. Kornit Digital has a consensus target price of $24.67, suggesting a potential upside of 60.38%. Given CECO Environmental's higher probable upside, analysts plainly believe Kornit Digital is more favorable than CECO Environmental.
In the previous week, Kornit Digital had 13 more articles in the media than CECO Environmental. MarketBeat recorded 20 mentions for Kornit Digital and 7 mentions for CECO Environmental. CECO Environmental's average media sentiment score of 0.60 beat Kornit Digital's score of 0.23 indicating that Kornit Digital is being referred to more favorably in the news media.
CECO Environmental has a net margin of 2.23% compared to CECO Environmental's net margin of -27.17%. Kornit Digital's return on equity of 11.57% beat CECO Environmental's return on equity.
68.1% of CECO Environmental shares are owned by institutional investors. Comparatively, 92.8% of Kornit Digital shares are owned by institutional investors. 16.9% of CECO Environmental shares are owned by company insiders. Comparatively, 0.2% of Kornit Digital shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
CECO Environmental has higher revenue and earnings than Kornit Digital. Kornit Digital is trading at a lower price-to-earnings ratio than CECO Environmental, indicating that it is currently the more affordable of the two stocks.
Kornit Digital received 363 more outperform votes than CECO Environmental when rated by MarketBeat users. However, 73.68% of users gave CECO Environmental an outperform vote while only 70.60% of users gave Kornit Digital an outperform vote.
CECO Environmental has a beta of 1.24, indicating that its share price is 24% more volatile than the S&P 500. Comparatively, Kornit Digital has a beta of 1.88, indicating that its share price is 88% more volatile than the S&P 500.
Summary
CECO Environmental beats Kornit Digital on 10 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding KRNT 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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