GLW vs. HPQ, MDB, GRMN, MTD, ZS, ON, SPLK, KEYS, FTV, and ANSS
Should you be buying Corning stock or one of its competitors? The main competitors of Corning include HP (HPQ), MongoDB (MDB), Garmin (GRMN), Mettler-Toledo International (MTD), Zscaler (ZS), Onsemi (ON), Splunk (SPLK), Keysight Technologies (KEYS), Fortive (FTV), and ANSYS (ANSS). These companies are all part of the "computer and technology" sector.
Corning (NYSE:GLW) and HP (NYSE:HPQ) are both large-cap computer and technology companies, but which is the better stock? We will contrast the two companies based on the strength of their valuation, analyst recommendations, risk, earnings, community ranking, media sentiment, institutional ownership, profitability and dividends.
HP has higher revenue and earnings than Corning. HP is trading at a lower price-to-earnings ratio than Corning, indicating that it is currently the more affordable of the two stocks.
Corning has a beta of 1.08, meaning that its stock price is 8% more volatile than the S&P 500. Comparatively, HP has a beta of 1.05, meaning that its stock price is 5% more volatile than the S&P 500.
HP has a net margin of 6.45% compared to Corning's net margin of 4.62%. Corning's return on equity of 12.31% beat HP's return on equity.
Corning currently has a consensus target price of $34.78, indicating a potential upside of 11.00%. HP has a consensus target price of $33.11, indicating a potential upside of 18.25%. Given HP's stronger consensus rating and higher possible upside, analysts clearly believe HP is more favorable than Corning.
In the previous week, HP had 7 more articles in the media than Corning. MarketBeat recorded 23 mentions for HP and 16 mentions for Corning. HP's average media sentiment score of 0.57 beat Corning's score of 0.51 indicating that HP is being referred to more favorably in the news media.
69.8% of Corning shares are owned by institutional investors. Comparatively, 77.5% of HP shares are owned by institutional investors. 0.5% of Corning shares are owned by insiders. Comparatively, 0.4% of HP shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Corning pays an annual dividend of $1.12 per share and has a dividend yield of 3.6%. HP pays an annual dividend of $1.10 per share and has a dividend yield of 3.9%. Corning pays out 167.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. HP pays out 32.2% of its earnings in the form of a dividend. HP is clearly the better dividend stock, given its higher yield and lower payout ratio.
HP received 598 more outperform votes than Corning when rated by MarketBeat users. However, 64.34% of users gave Corning an outperform vote while only 60.94% of users gave HP an outperform vote.
Summary
HP beats Corning on 14 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding GLW 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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