Navitas Semiconductor (NVTS) Competitors

$4.58
-0.11 (-2.35%)
(As of 05/8/2024 ET)

NVTS vs. HIMX, AOSL, SGH, LASR, IMOS, INDI, SKYT, HLLY, NVEC, and AAOI

Should you be buying Navitas Semiconductor stock or one of its competitors? The main competitors of Navitas Semiconductor include Himax Technologies (HIMX), Alpha and Omega Semiconductor (AOSL), SMART Global (SGH), nLIGHT (LASR), ChipMOS TECHNOLOGIES (IMOS), indie Semiconductor (INDI), SkyWater Technology (SKYT), Holley (HLLY), NVE (NVEC), and Applied Optoelectronics (AAOI).

Navitas Semiconductor vs.

Navitas Semiconductor (NASDAQ:NVTS) and Himax Technologies (NASDAQ:HIMX) are both small-cap computer and technology companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, community ranking, risk, dividends, earnings, valuation, media sentiment, profitability and analyst recommendations.

In the previous week, Navitas Semiconductor had 4 more articles in the media than Himax Technologies. MarketBeat recorded 7 mentions for Navitas Semiconductor and 3 mentions for Himax Technologies. Himax Technologies' average media sentiment score of 0.50 beat Navitas Semiconductor's score of 0.46 indicating that Himax Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Navitas Semiconductor
2 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Himax Technologies
1 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Himax Technologies received 558 more outperform votes than Navitas Semiconductor when rated by MarketBeat users. Likewise, 65.31% of users gave Himax Technologies an outperform vote while only 36.73% of users gave Navitas Semiconductor an outperform vote.

CompanyUnderperformOutperform
Navitas SemiconductorOutperform Votes
18
36.73%
Underperform Votes
31
63.27%
Himax TechnologiesOutperform Votes
576
65.31%
Underperform Votes
306
34.69%

46.1% of Navitas Semiconductor shares are held by institutional investors. Comparatively, 69.8% of Himax Technologies shares are held by institutional investors. 36.8% of Navitas Semiconductor shares are held by company insiders. Comparatively, 31.5% of Himax Technologies shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Navitas Semiconductor has a beta of 2.52, indicating that its share price is 152% more volatile than the S&P 500. Comparatively, Himax Technologies has a beta of 2.02, indicating that its share price is 102% more volatile than the S&P 500.

Navitas Semiconductor currently has a consensus target price of $9.82, suggesting a potential upside of 112.02%. Himax Technologies has a consensus target price of $8.00, suggesting a potential upside of 54.14%. Given Navitas Semiconductor's higher possible upside, equities analysts clearly believe Navitas Semiconductor is more favorable than Himax Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Navitas Semiconductor
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50
Himax Technologies
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

Himax Technologies has higher revenue and earnings than Navitas Semiconductor. Navitas Semiconductor is trading at a lower price-to-earnings ratio than Himax Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Navitas Semiconductor$79.46M10.44-$145.43M-$0.88-5.26
Himax Technologies$945.43M0.96$50.62M$0.2917.90

Himax Technologies has a net margin of 5.35% compared to Navitas Semiconductor's net margin of -183.04%. Himax Technologies' return on equity of 6.42% beat Navitas Semiconductor's return on equity.

Company Net Margins Return on Equity Return on Assets
Navitas Semiconductor-183.04% -18.81% -15.21%
Himax Technologies 5.35%6.42%3.34%

Summary

Himax Technologies beats Navitas Semiconductor on 12 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NVTS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

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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NVTS vs. The Competition

MetricNavitas SemiconductorSemiconductors & related devices IndustryComputer SectorNASDAQ Exchange
Market Cap$829.93M$45.06B$19.89B$7.77B
Dividend YieldN/A2.18%2.76%3.96%
P/E Ratio-5.2624.23265.7619.22
Price / Sales10.4413.16542.5179.76
Price / CashN/A21.5028.6728.61
Price / Book2.185.746.794.38
Net Income-$145.43M$928.98M$632.11M$217.15M
7 Day Performance8.43%3.25%1.73%2.81%
1 Month Performance1.09%-4.81%-0.75%-2.53%
1 Year Performance-28.44%22.34%29.23%8.30%

Navitas Semiconductor Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HIMX
Himax Technologies
3.3435 of 5 stars
$5.05
-0.6%
$8.00
+58.4%
-23.0%$882.34M$945.43M17.412,164Upcoming Earnings
AOSL
Alpha and Omega Semiconductor
1.0969 of 5 stars
$21.87
-2.6%
$30.00
+37.2%
-7.6%$618.48M$691.32M-34.712,468Earnings Report
News Coverage
Gap Up
SGH
SMART Global
2.7478 of 5 stars
$18.27
-1.5%
$30.70
+68.0%
+12.3%$955.52M$1.44B-4.963,000Analyst Forecast
Positive News
LASR
nLIGHT
1.4146 of 5 stars
$11.39
-1.2%
$14.67
+28.8%
+0.3%$538.63M$209.92M-12.66930
IMOS
ChipMOS TECHNOLOGIES
1.914 of 5 stars
$27.89
-2.7%
N/A+12.2%$1.01B$685.98M16.905,396Upcoming Earnings
Gap Down
INDI
indie Semiconductor
2.2317 of 5 stars
$5.62
-3.3%
$13.50
+140.2%
-25.9%$1.03B$223.17M-6.61900Upcoming Earnings
Insider Selling
Gap Down
SKYT
SkyWater Technology
3.0086 of 5 stars
$10.26
flat
$14.67
+42.9%
+11.7%$485.71M$286.68M-15.31731News Coverage
HLLY
Holley
3.7444 of 5 stars
$4.03
-0.5%
$7.75
+92.3%
+79.7%$478.76M$659.70M23.711,633News Coverage
Gap Down
NVEC
NVE
0.4542 of 5 stars
$81.40
-0.7%
N/A-11.9%$393.16M$38.25M18.2551Earnings Report
Dividend Announcement
AAOI
Applied Optoelectronics
2.4851 of 5 stars
$9.85
-3.6%
$16.88
+71.3%
+600.3%$378.24M$217.65M-5.532,149Upcoming Earnings

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This page (NASDAQ:NVTS) was last updated on 5/8/2024 by MarketBeat.com Staff

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