GRMN vs. HPQ, GLW, MDB, MTD, ZS, ON, SPLK, FTV, ANSS, and WIT
Should you be buying Garmin stock or one of its competitors? The main competitors of Garmin include HP (HPQ), Corning (GLW), MongoDB (MDB), Mettler-Toledo International (MTD), Zscaler (ZS), Onsemi (ON), Splunk (SPLK), Fortive (FTV), ANSYS (ANSS), and Wipro (WIT). These companies are all part of the "computer and technology" sector.
HP (NYSE:HPQ) and Garmin (NYSE:GRMN) are both large-cap computer and technology companies, but which is the better business? We will contrast the two companies based on the strength of their community ranking, institutional ownership, dividends, valuation, media sentiment, earnings, risk, analyst recommendations and profitability.
HP presently has a consensus target price of $33.11, suggesting a potential upside of 19.32%. Garmin has a consensus target price of $142.33, suggesting a potential downside of 12.91%. Given Garmin's stronger consensus rating and higher probable upside, equities research analysts plainly believe HP is more favorable than Garmin.
HP pays an annual dividend of $1.10 per share and has a dividend yield of 4.0%. Garmin pays an annual dividend of $2.92 per share and has a dividend yield of 1.8%. HP pays out 32.2% of its earnings in the form of a dividend. Garmin pays out 43.5% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. HP has increased its dividend for 14 consecutive years and Garmin has increased its dividend for 1 consecutive years. HP is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
HP received 1050 more outperform votes than Garmin when rated by MarketBeat users. Likewise, 60.94% of users gave HP an outperform vote while only 52.36% of users gave Garmin an outperform vote.
Garmin has a net margin of 24.67% compared to Garmin's net margin of 6.45%. HP's return on equity of 16.60% beat Garmin's return on equity.
In the previous week, Garmin had 16 more articles in the media than HP. MarketBeat recorded 28 mentions for Garmin and 12 mentions for HP. HP's average media sentiment score of 0.67 beat Garmin's score of 0.49 indicating that Garmin is being referred to more favorably in the news media.
HP has higher revenue and earnings than Garmin. HP is trading at a lower price-to-earnings ratio than Garmin, indicating that it is currently the more affordable of the two stocks.
77.5% of HP shares are owned by institutional investors. Comparatively, 73.4% of Garmin shares are owned by institutional investors. 0.4% of HP shares are owned by company insiders. Comparatively, 19.9% of Garmin shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
HP has a beta of 1.06, indicating that its stock price is 6% more volatile than the S&P 500. Comparatively, Garmin has a beta of 0.99, indicating that its stock price is 1% less volatile than the S&P 500.
Summary
HP beats Garmin on 12 of the 22 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding GRMN 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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