SCSC vs. HY, TRS, CMCO, MRC, CDRE, ASTE, APOG, GRC, LNN, and XMTR
Should you be buying ScanSource stock or one of its competitors? The main competitors of ScanSource include Hyster-Yale Materials Handling (HY), TriMas (TRS), Columbus McKinnon (CMCO), MRC Global (MRC), Cadre (CDRE), Astec Industries (ASTE), Apogee Enterprises (APOG), Gorman-Rupp (GRC), Lindsay (LNN), and Xometry (XMTR). These companies are all part of the "industrial products" sector.
ScanSource (NASDAQ:SCSC) and Hyster-Yale Materials Handling (NYSE:HY) are both small-cap industrial products companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, risk, dividends, community ranking, valuation, analyst recommendations, media sentiment, profitability and earnings.
Hyster-Yale Materials Handling has a net margin of 3.06% compared to ScanSource's net margin of 2.45%. Hyster-Yale Materials Handling's return on equity of 40.35% beat ScanSource's return on equity.
ScanSource received 1 more outperform votes than Hyster-Yale Materials Handling when rated by MarketBeat users. Likewise, 57.39% of users gave ScanSource an outperform vote while only 56.72% of users gave Hyster-Yale Materials Handling an outperform vote.
ScanSource presently has a consensus price target of $35.50, indicating a potential downside of 15.42%. Hyster-Yale Materials Handling has a consensus price target of $82.50, indicating a potential upside of 40.59%. Given Hyster-Yale Materials Handling's stronger consensus rating and higher possible upside, analysts clearly believe Hyster-Yale Materials Handling is more favorable than ScanSource.
Hyster-Yale Materials Handling has higher revenue and earnings than ScanSource. Hyster-Yale Materials Handling is trading at a lower price-to-earnings ratio than ScanSource, indicating that it is currently the more affordable of the two stocks.
ScanSource has a beta of 1.51, meaning that its stock price is 51% more volatile than the S&P 500. Comparatively, Hyster-Yale Materials Handling has a beta of 1.48, meaning that its stock price is 48% more volatile than the S&P 500.
In the previous week, Hyster-Yale Materials Handling had 1 more articles in the media than ScanSource. MarketBeat recorded 3 mentions for Hyster-Yale Materials Handling and 2 mentions for ScanSource. Hyster-Yale Materials Handling's average media sentiment score of 0.57 beat ScanSource's score of -0.50 indicating that Hyster-Yale Materials Handling is being referred to more favorably in the news media.
97.9% of ScanSource shares are held by institutional investors. Comparatively, 46.5% of Hyster-Yale Materials Handling shares are held by institutional investors. 4.6% of ScanSource shares are held by insiders. Comparatively, 33.9% of Hyster-Yale Materials Handling shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Summary
Hyster-Yale Materials Handling beats ScanSource on 12 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SCSC 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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