Harris (HRS) Competitors

Notice: This company has been marked as potentially delisted and may not be actively trading.

HRS vs. GRMN, GIB, GFS, KEYS, VOD, WDC, SPLK, MSTR, ON, and ZS

Should you be buying Harris stock or one of its competitors? The main competitors of Harris include Garmin (GRMN), CGI (GIB), GLOBALFOUNDRIES (GFS), Keysight Technologies (KEYS), Vodafone Group Public (VOD), Western Digital (WDC), Splunk (SPLK), MicroStrategy (MSTR), Onsemi (ON), and Zscaler (ZS). These companies are all part of the "computer and technology" sector.

Harris vs.

Garmin (NYSE:GRMN) and Harris (NYSE:HRS) are both large-cap computer and technology companies, but which is the better investment? We will compare the two companies based on the strength of their dividends, media sentiment, risk, institutional ownership, analyst recommendations, community ranking, earnings, valuation and profitability.

In the previous week, Harris had 28 more articles in the media than Garmin. MarketBeat recorded 39 mentions for Harris and 11 mentions for Garmin. Harris' average media sentiment score of 0.64 beat Garmin's score of 0.00 indicating that Garmin is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Garmin
5 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Harris
6 Very Positive mention(s)
6 Positive mention(s)
18 Neutral mention(s)
4 Negative mention(s)
5 Very Negative mention(s)
Neutral

Garmin has a beta of 0.98, indicating that its stock price is 2% less volatile than the S&P 500. Comparatively, Harris has a beta of 0.98, indicating that its stock price is 2% less volatile than the S&P 500.

73.4% of Garmin shares are held by institutional investors. Comparatively, 96.7% of Harris shares are held by institutional investors. 19.9% of Garmin shares are held by company insiders. Comparatively, 2.5% of Harris shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Harris received 66 more outperform votes than Garmin when rated by MarketBeat users. Likewise, 70.89% of users gave Harris an outperform vote while only 52.36% of users gave Garmin an outperform vote.

CompanyUnderperformOutperform
GarminOutperform Votes
443
52.36%
Underperform Votes
403
47.64%
HarrisOutperform Votes
509
70.89%
Underperform Votes
209
29.11%

Garmin has higher earnings, but lower revenue than Harris. Garmin is trading at a lower price-to-earnings ratio than Harris, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Garmin$5.23B5.31$1.29B$6.7121.53
Harris$6.18B4.15$718M$6.5033.39

Garmin has a net margin of 24.67% compared to Garmin's net margin of 13.60%. Garmin's return on equity of 27.13% beat Harris' return on equity.

Company Net Margins Return on Equity Return on Assets
Garmin24.67% 16.60% 13.36%
Harris 13.60%27.13%9.36%

Garmin presently has a consensus price target of $142.33, suggesting a potential downside of 1.47%. Given Harris' higher probable upside, analysts clearly believe Garmin is more favorable than Harris.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Garmin
0 Sell rating(s)
5 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.33
Harris
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

Garmin pays an annual dividend of $2.92 per share and has a dividend yield of 2.0%. Harris pays an annual dividend of $2.74 per share and has a dividend yield of 1.3%. Garmin pays out 43.5% of its earnings in the form of a dividend. Harris pays out 42.2% 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. Garmin has increased its dividend for 1 consecutive years. Garmin is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Summary

Garmin beats Harris on 11 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding HRS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

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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HRS vs. The Competition

MetricHarrisSearch & Navigation Equipment IndustryComputer SectorNYSE Exchange
Market Cap$25.64B$12.37B$19.15B$17.40B
Dividend Yield1.45%1.91%2.76%3.53%
P/E Ratio33.3913.41221.7621.63
Price / Sales4.1537.24529.2310.36
Price / Cash21.4333.9428.3915.46
Price / Book7.7631.756.434.81
Net Income$718M$431.17M$616.25M$964.11M

Harris Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GRMN
Garmin
4.3566 of 5 stars
$142.51
+1.1%
$142.33
-0.1%
+47.2%$27.33B$5.23B21.2419,900News Coverage
Gap Up
GIB
CGI
2.2803 of 5 stars
$105.33
-0.5%
N/A-0.1%$24.60B$14.45B20.5391,500Short Interest ↓
News Coverage
High Trading Volume
GFS
GLOBALFOUNDRIES
3.9411 of 5 stars
$46.35
0.0%
$63.08
+36.1%
-16.9%$25.39B$7.39B25.1914,000Upcoming Earnings
News Coverage
KEYS
Keysight Technologies
4.3631 of 5 stars
$146.79
+1.4%
$160.63
+9.4%
+2.3%$25.62B$5.46B26.9314,900
VOD
Vodafone Group Public
2.3408 of 5 stars
$8.69
+0.8%
$14.45
+66.3%
-29.6%$23.53B$55.10B0.00104,000
WDC
Western Digital
4.0872 of 5 stars
$69.92
+4.3%
$73.72
+5.4%
+105.7%$22.78B$12.32B-9.8153,000Earnings Report
Analyst Report
SPLK
Splunk
1.6794 of 5 stars
$156.90
flat
$135.31
-13.8%
+81.9%$26.44B$4.22B124.528,000Positive News
MSTR
MicroStrategy
3.8741 of 5 stars
$1,338.64
+1.1%
$1,473.00
+10.0%
+224.3%$22.72B$496.26M47.501,934Analyst Report
News Coverage
Gap Down
ON
Onsemi
4.9682 of 5 stars
$61.68
+1.7%
$96.28
+56.1%
-2.5%$26.51B$8.25B12.6130,100Earnings Report
Analyst Report
Analyst Revision
ZS
Zscaler
4.4594 of 5 stars
$176.92
+3.5%
$230.24
+30.1%
+91.9%$26.52B$1.62B-186.235,962

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This page (NYSE:HRS) was last updated on 5/1/2024 by MarketBeat.com Staff

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