ONTO vs. TRMB, PAYC, WWD, SNX, TOST, CYBR, DOX, BRKR, FFIV, and ZG
Should you be buying Onto Innovation stock or one of its competitors? The main competitors of Onto Innovation include Trimble (TRMB), Paycom Software (PAYC), Woodward (WWD), TD SYNNEX (SNX), Toast (TOST), CyberArk Software (CYBR), Amdocs (DOX), Bruker (BRKR), F5 (FFIV), and Zillow Group (ZG). These companies are all part of the "computer and technology" sector.
Trimble (NASDAQ:TRMB) and Onto Innovation (NYSE:ONTO) are both large-cap computer and technology companies, but which is the superior stock? We will compare the two companies based on the strength of their profitability, risk, media sentiment, valuation, earnings, institutional ownership, analyst recommendations, dividends and community ranking.
Trimble received 178 more outperform votes than Onto Innovation when rated by MarketBeat users. Likewise, 68.31% of users gave Trimble an outperform vote while only 67.02% of users gave Onto Innovation an outperform vote.
In the previous week, Trimble had 26 more articles in the media than Onto Innovation. MarketBeat recorded 38 mentions for Trimble and 12 mentions for Onto Innovation. Trimble's average media sentiment score of 1.14 beat Onto Innovation's score of 0.54 indicating that Onto Innovation is being referred to more favorably in the news media.
93.2% of Trimble shares are held by institutional investors. Comparatively, 98.3% of Onto Innovation shares are held by institutional investors. 0.5% of Trimble shares are held by insiders. Comparatively, 0.7% of Onto Innovation shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Trimble has higher revenue and earnings than Onto Innovation. Trimble is trading at a lower price-to-earnings ratio than Onto Innovation, indicating that it is currently the more affordable of the two stocks.
Trimble currently has a consensus price target of $66.67, indicating a potential upside of 17.41%. Onto Innovation has a consensus price target of $191.60, indicating a potential downside of 8.01%. Given Onto Innovation's stronger consensus rating and higher probable upside, research analysts plainly believe Trimble is more favorable than Onto Innovation.
Onto Innovation has a net margin of 14.85% compared to Onto Innovation's net margin of 6.25%. Onto Innovation's return on equity of 12.04% beat Trimble's return on equity.
Trimble has a beta of 1.51, meaning that its share price is 51% more volatile than the S&P 500. Comparatively, Onto Innovation has a beta of 1.4, meaning that its share price is 40% more volatile than the S&P 500.
Summary
Trimble beats Onto Innovation on 10 of the 18 factors compared between the two stocks.
Get Onto Innovation News Delivered to You Automatically
Sign up to receive the latest news and ratings for ONTO and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding ONTO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis 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.
Skip Chart
Onto Innovation Competitors List
Related Companies and Tools