COHR vs. PSN, CFLT, WEX, FCN, CART, STN, NOV, RHI, ULS, and FUTU
Should you be buying Coherent stock or one of its competitors? The main competitors of Coherent include Parsons (PSN), Confluent (CFLT), WEX (WEX), FTI Consulting (FCN), Maplebear (CART), Stantec (STN), NOV (NOV), Robert Half (RHI), UL Solutions (ULS), and Futu (FUTU). These companies are all part of the "business services" sector.
Parsons (NYSE:PSN) and Coherent (NYSE:COHR) are both mid-cap business services companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, institutional ownership, dividends, profitability, media sentiment, valuation, community ranking, risk and earnings.
Parsons has a beta of 0.86, suggesting that its share price is 14% less volatile than the S&P 500. Comparatively, Coherent has a beta of 1.69, suggesting that its share price is 69% more volatile than the S&P 500.
In the previous week, Parsons had 29 more articles in the media than Coherent. MarketBeat recorded 33 mentions for Parsons and 4 mentions for Coherent. Coherent's average media sentiment score of 0.33 beat Parsons' score of 0.31 indicating that Parsons is being referred to more favorably in the media.
98.0% of Parsons shares are held by institutional investors. Comparatively, 83.3% of Coherent shares are held by institutional investors. 56.0% of Parsons shares are held by company insiders. Comparatively, 1.3% of Coherent 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.
Parsons has higher revenue and earnings than Coherent. Coherent is trading at a lower price-to-earnings ratio than Parsons, indicating that it is currently the more affordable of the two stocks.
Parsons has a net margin of 0.49% compared to Parsons' net margin of -5.84%. Coherent's return on equity of 11.27% beat Parsons' return on equity.
Parsons presently has a consensus target price of $83.10, indicating a potential upside of 5.91%. Coherent has a consensus target price of $58.27, indicating a potential upside of 3.11%. Given Coherent's stronger consensus rating and higher possible upside, equities analysts clearly believe Parsons is more favorable than Coherent.
Coherent received 431 more outperform votes than Parsons when rated by MarketBeat users. Likewise, 62.57% of users gave Coherent an outperform vote while only 57.14% of users gave Parsons an outperform vote.
Summary
Parsons beats Coherent on 14 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding COHR 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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