CLS vs. OTEX, DSG, KXS, LSPD, NVEI, BB, GIB.A, HPS.A, DCBO, and ENGH
Should you be buying Celestica stock or one of its competitors? The main competitors of Celestica include Open Text (OTEX), The Descartes Systems Group (DSG), Kinaxis (KXS), Lightspeed Commerce (LSPD), Nuvei (NVEI), BlackBerry (BB), CGI (GIB.A), Hammond Power Solutions (HPS.A), Docebo (DCBO), and Enghouse Systems (ENGH). These companies are all part of the "computer and technology" sector.
Celestica (TSE:CLS) and Open Text (TSE:OTEX) are both computer and technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their analyst recommendations, dividends, community ranking, valuation, profitability, risk, earnings, institutional ownership and media sentiment.
Celestica has a beta of 2.35, suggesting that its stock price is 135% more volatile than the S&P 500. Comparatively, Open Text has a beta of 1.1, suggesting that its stock price is 10% more volatile than the S&P 500.
77.9% of Celestica shares are owned by institutional investors. Comparatively, 77.2% of Open Text shares are owned by institutional investors. 1.0% of Celestica shares are owned by insiders. Comparatively, 2.2% of Open Text shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
In the previous week, Open Text had 10 more articles in the media than Celestica. MarketBeat recorded 10 mentions for Open Text and 0 mentions for Celestica. Open Text's average media sentiment score of 0.10 beat Celestica's score of 0.00 indicating that Open Text is being referred to more favorably in the news media.
Open Text received 168 more outperform votes than Celestica when rated by MarketBeat users. Likewise, 71.62% of users gave Open Text an outperform vote while only 56.20% of users gave Celestica an outperform vote.
Celestica has a net margin of 3.86% compared to Open Text's net margin of 2.85%. Celestica's return on equity of 19.10% beat Open Text's return on equity.
Celestica presently has a consensus price target of C$38.33, indicating a potential downside of 41.95%. Open Text has a consensus price target of C$53.00, indicating a potential upside of 28.64%. Given Open Text's stronger consensus rating and higher possible upside, analysts clearly believe Open Text is more favorable than Celestica.
Celestica has higher revenue and earnings than Open Text. Celestica is trading at a lower price-to-earnings ratio than Open Text, indicating that it is currently the more affordable of the two stocks.
Summary
Celestica and Open Text tied by winning 9 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding CLS 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 TSE 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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