FN vs. CIEN, ZI, HCP, RMBS, LFUS, NOVT, FYBR, QLYS, UI, and TENB
Should you be buying Fabrinet stock or one of its competitors? The main competitors of Fabrinet include Ciena (CIEN), ZoomInfo Technologies (ZI), HashiCorp (HCP), Rambus (RMBS), Littelfuse (LFUS), Novanta (NOVT), Frontier Communications Parent (FYBR), Qualys (QLYS), Ubiquiti (UI), and Tenable (TENB). These companies are all part of the "computer and technology" sector.
Fabrinet (NYSE:FN) and Ciena (NYSE:CIEN) are both mid-cap computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their valuation, profitability, media sentiment, community ranking, risk, institutional ownership, earnings, dividends and analyst recommendations.
Ciena has higher revenue and earnings than Fabrinet. Fabrinet is trading at a lower price-to-earnings ratio than Ciena, indicating that it is currently the more affordable of the two stocks.
Fabrinet has a net margin of 9.35% compared to Ciena's net margin of 5.22%. Fabrinet's return on equity of 17.27% beat Ciena's return on equity.
97.4% of Fabrinet shares are owned by institutional investors. Comparatively, 92.0% of Ciena shares are owned by institutional investors. 0.5% of Fabrinet shares are owned by company insiders. Comparatively, 0.8% of Ciena shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Fabrinet presently has a consensus target price of $159.57, indicating a potential downside of 6.44%. Ciena has a consensus target price of $58.79, indicating a potential upside of 26.07%. Given Ciena's stronger consensus rating and higher possible upside, analysts clearly believe Ciena is more favorable than Fabrinet.
Ciena received 598 more outperform votes than Fabrinet when rated by MarketBeat users. Likewise, 76.62% of users gave Ciena an outperform vote while only 74.19% of users gave Fabrinet an outperform vote.
In the previous week, Ciena had 4 more articles in the media than Fabrinet. MarketBeat recorded 9 mentions for Ciena and 5 mentions for Fabrinet. Fabrinet's average media sentiment score of 0.64 beat Ciena's score of 0.54 indicating that Fabrinet is being referred to more favorably in the media.
Fabrinet has a beta of 1.04, suggesting that its share price is 4% more volatile than the S&P 500. Comparatively, Ciena has a beta of 0.99, suggesting that its share price is 1% less volatile than the S&P 500.
Summary
Ciena beats Fabrinet on 11 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding FN 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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