TRMB vs. ONTO, JBL, EPAM, NTNX, MANH, NICE, SSNC, TER, AKAM, and DT
Should you be buying Trimble stock or one of its competitors? The main competitors of Trimble include Onto Innovation (ONTO), Jabil (JBL), EPAM Systems (EPAM), Nutanix (NTNX), Manhattan Associates (MANH), NICE (NICE), SS&C Technologies (SSNC), Teradyne (TER), Akamai Technologies (AKAM), and Dynatrace (DT). These companies are all part of the "computer and technology" sector.
Trimble (NASDAQ:TRMB) and Onto Innovation (NYSE:ONTO) are both computer and technology companies, but which is the superior investment? We will contrast the two businesses based on the strength of their profitability, institutional ownership, valuation, community ranking, earnings, dividends, media sentiment, risk and analyst recommendations.
Trimble has a beta of 1.5, indicating that its share price is 50% more volatile than the S&P 500. Comparatively, Onto Innovation has a beta of 1.4, indicating that its share price is 40% more volatile than the S&P 500.
In the previous week, Trimble had 3 more articles in the media than Onto Innovation. MarketBeat recorded 14 mentions for Trimble and 11 mentions for Onto Innovation. Trimble's average media sentiment score of 0.56 beat Onto Innovation's score of 0.30 indicating that Trimble is being referred to more favorably in the media.
Onto Innovation has a net margin of 14.85% compared to Trimble's net margin of 8.19%. Trimble's return on equity of 12.59% beat Onto Innovation's return on equity.
Trimble has higher revenue and earnings than Onto Innovation. Trimble is trading at a lower price-to-earnings ratio than Onto Innovation, indicating that it is currently the more affordable of the two stocks.
Trimble presently has a consensus price target of $64.83, suggesting a potential upside of 7.07%. Onto Innovation has a consensus price target of $191.60, suggesting a potential upside of 1.36%. Given Trimble's stronger consensus rating and higher possible upside, equities research analysts clearly believe Trimble is more favorable than Onto Innovation.
93.2% of Trimble shares are owned by institutional investors. Comparatively, 98.4% of Onto Innovation shares are owned by institutional investors. 0.5% of Trimble shares are owned by insiders. Comparatively, 0.7% of Onto Innovation 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.
Trimble received 176 more outperform votes than Onto Innovation when rated by MarketBeat users. Likewise, 68.32% of users gave Trimble an outperform vote while only 67.02% of users gave Onto Innovation an outperform vote.
Summary
Trimble beats Onto Innovation on 11 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding TRMB and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis 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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