ASGN vs. NVMI, BILI, CLVT, CRUS, VERX, SQSP, VRNS, HCP, STNE, and WK
Should you be buying ASGN stock or one of its competitors? The main competitors of ASGN include Nova (NVMI), Bilibili (BILI), Clarivate (CLVT), Cirrus Logic (CRUS), Vertex (VERX), Squarespace (SQSP), Varonis Systems (VRNS), HashiCorp (HCP), StoneCo (STNE), and Workiva (WK). These companies are all part of the "computer and technology" sector.
ASGN (NYSE:ASGN) and Nova (NASDAQ:NVMI) are both mid-cap computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, valuation, media sentiment, risk, earnings, analyst recommendations, dividends, community ranking and institutional ownership.
95.4% of ASGN shares are held by institutional investors. Comparatively, 83.0% of Nova shares are held by institutional investors. 3.4% of ASGN shares are held by company insiders. Comparatively, 1.0% of Nova shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Nova has a net margin of 26.32% compared to ASGN's net margin of 4.76%. Nova's return on equity of 20.55% beat ASGN's return on equity.
ASGN currently has a consensus price target of $96.67, indicating a potential downside of 0.86%. Nova has a consensus price target of $198.50, indicating a potential upside of 13.86%. Given Nova's stronger consensus rating and higher possible upside, analysts clearly believe Nova is more favorable than ASGN.
ASGN has a beta of 1.5, meaning that its share price is 50% more volatile than the S&P 500. Comparatively, Nova has a beta of 1.41, meaning that its share price is 41% more volatile than the S&P 500.
ASGN received 87 more outperform votes than Nova when rated by MarketBeat users. However, 74.41% of users gave Nova an outperform vote while only 73.27% of users gave ASGN an outperform vote.
ASGN has higher revenue and earnings than Nova. ASGN is trading at a lower price-to-earnings ratio than Nova, indicating that it is currently the more affordable of the two stocks.
In the previous week, ASGN had 26 more articles in the media than Nova. MarketBeat recorded 30 mentions for ASGN and 4 mentions for Nova. Nova's average media sentiment score of 1.21 beat ASGN's score of 0.15 indicating that Nova is being referred to more favorably in the news media.
Summary
ASGN and Nova tied by winning 9 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ASGN 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 NYSE 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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