BYIT vs. DARK, NETW, SPT, BOKU, WPS, PAY, EPO, FNX, SEE, and BLTG
Should you be buying Bytes Technology Group stock or one of its competitors? The main competitors of Bytes Technology Group include Darktrace (DARK), Network International (NETW), Spirent Communications (SPT), Boku (BOKU), W.A.G payment solutions (WPS), PayPoint (PAY), Earthport (EPO), Fonix Mobile (FNX), Seeing Machines (SEE), and Blancco Technology Group (BLTG). These companies are all part of the "software - infrastructure" industry.
Bytes Technology Group (LON:BYIT) and Darktrace (LON:DARK) are both computer and technology companies, but which is the superior stock? We will compare the two companies based on the strength of their analyst recommendations, profitability, risk, valuation, institutional ownership, community ranking, dividends, media sentiment and earnings.
66.6% of Bytes Technology Group shares are owned by institutional investors. Comparatively, 53.8% of Darktrace shares are owned by institutional investors. 9.5% of Bytes Technology Group shares are owned by insiders. Comparatively, 42.8% of Darktrace shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
Bytes Technology Group has a beta of 0.67, indicating that its stock price is 33% less volatile than the S&P 500. Comparatively, Darktrace has a beta of 0.66, indicating that its stock price is 34% less volatile than the S&P 500.
In the previous week, Darktrace had 7 more articles in the media than Bytes Technology Group. MarketBeat recorded 9 mentions for Darktrace and 2 mentions for Bytes Technology Group. Bytes Technology Group's average media sentiment score of 0.56 beat Darktrace's score of 0.20 indicating that Bytes Technology Group is being referred to more favorably in the media.
Darktrace received 18 more outperform votes than Bytes Technology Group when rated by MarketBeat users. However, 93.33% of users gave Bytes Technology Group an outperform vote while only 76.19% of users gave Darktrace an outperform vote.
Darktrace has higher revenue and earnings than Bytes Technology Group. Bytes Technology Group is trading at a lower price-to-earnings ratio than Darktrace, indicating that it is currently the more affordable of the two stocks.
Bytes Technology Group has a net margin of 22.63% compared to Darktrace's net margin of 17.99%. Bytes Technology Group's return on equity of 67.01% beat Darktrace's return on equity.
Bytes Technology Group currently has a consensus target price of GBX 644, suggesting a potential upside of 15.31%. Darktrace has a consensus target price of GBX 575, suggesting a potential downside of 2.21%. Given Bytes Technology Group's higher probable upside, equities research analysts plainly believe Bytes Technology Group is more favorable than Darktrace.
Summary
Bytes Technology Group beats Darktrace on 9 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding BYIT 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 LON 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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