SKYT vs. AAOI, LASR, NVEC, AOSL, AIP, TGAN, VLN, CAN, MX, and QUIK
Should you be buying SkyWater Technology stock or one of its competitors? The main competitors of SkyWater Technology include Applied Optoelectronics (AAOI), nLIGHT (LASR), NVE (NVEC), Alpha and Omega Semiconductor (AOSL), Arteris (AIP), Transphorm (TGAN), Valens Semiconductor (VLN), Canaan (CAN), Magnachip Semiconductor (MX), and QuickLogic (QUIK). These companies are all part of the "semiconductors & related devices" industry.
SkyWater Technology (NASDAQ:SKYT) and Applied Optoelectronics (NASDAQ:AAOI) are both small-cap computer and technology companies, but which is the better investment? We will compare the two businesses based on the strength of their media sentiment, dividends, risk, analyst recommendations, community ranking, profitability, institutional ownership, valuation and earnings.
Applied Optoelectronics received 577 more outperform votes than SkyWater Technology when rated by MarketBeat users. Likewise, 65.39% of users gave Applied Optoelectronics an outperform vote while only 56.41% of users gave SkyWater Technology an outperform vote.
In the previous week, Applied Optoelectronics had 8 more articles in the media than SkyWater Technology. MarketBeat recorded 25 mentions for Applied Optoelectronics and 17 mentions for SkyWater Technology. SkyWater Technology's average media sentiment score of -0.01 beat Applied Optoelectronics' score of -0.10 indicating that SkyWater Technology is being referred to more favorably in the media.
70.0% of SkyWater Technology shares are owned by institutional investors. Comparatively, 61.7% of Applied Optoelectronics shares are owned by institutional investors. 42.6% of SkyWater Technology shares are owned by insiders. Comparatively, 6.1% of Applied Optoelectronics shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
SkyWater Technology has a beta of 4.18, meaning that its stock price is 318% more volatile than the S&P 500. Comparatively, Applied Optoelectronics has a beta of 2.12, meaning that its stock price is 112% more volatile than the S&P 500.
SkyWater Technology currently has a consensus price target of $13.25, indicating a potential upside of 69.65%. Applied Optoelectronics has a consensus price target of $15.00, indicating a potential upside of 51.36%. Given SkyWater Technology's stronger consensus rating and higher probable upside, analysts clearly believe SkyWater Technology is more favorable than Applied Optoelectronics.
SkyWater Technology has a net margin of -10.73% compared to Applied Optoelectronics' net margin of -30.65%. Applied Optoelectronics' return on equity of -16.30% beat SkyWater Technology's return on equity.
SkyWater Technology has higher revenue and earnings than Applied Optoelectronics. SkyWater Technology is trading at a lower price-to-earnings ratio than Applied Optoelectronics, indicating that it is currently the more affordable of the two stocks.
Summary
SkyWater Technology beats Applied Optoelectronics 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 SKYT 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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