AVT vs. ARW, VERX, CVLT, VRNS, ITRI, ZI, PI, CWAN, WK, and ASGN
Should you be buying Avnet stock or one of its competitors? The main competitors of Avnet include Arrow Electronics (ARW), Vertex (VERX), Commvault Systems (CVLT), Varonis Systems (VRNS), Itron (ITRI), ZoomInfo Technologies (ZI), Impinj (PI), Clearwater Analytics (CWAN), Workiva (WK), and ASGN (ASGN). These companies are all part of the "computer and technology" sector.
Avnet (NASDAQ:AVT) and Arrow Electronics (NYSE:ARW) are both mid-cap computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, community ranking, dividends, profitability, earnings, analyst recommendations, risk, institutional ownership and media sentiment.
In the previous week, Avnet had 20 more articles in the media than Arrow Electronics. MarketBeat recorded 27 mentions for Avnet and 7 mentions for Arrow Electronics. Arrow Electronics' average media sentiment score of 1.58 beat Avnet's score of 0.37 indicating that Arrow Electronics is being referred to more favorably in the news media.
Arrow Electronics received 419 more outperform votes than Avnet when rated by MarketBeat users. Likewise, 68.92% of users gave Arrow Electronics an outperform vote while only 22.50% of users gave Avnet an outperform vote.
Avnet has a beta of 1.21, indicating that its share price is 21% more volatile than the S&P 500. Comparatively, Arrow Electronics has a beta of 1.39, indicating that its share price is 39% more volatile than the S&P 500.
Avnet has a net margin of 2.31% compared to Arrow Electronics' net margin of 2.28%. Arrow Electronics' return on equity of 14.61% beat Avnet's return on equity.
Avnet presently has a consensus target price of $45.00, indicating a potential downside of 15.62%. Arrow Electronics has a consensus target price of $136.00, indicating a potential upside of 3.40%. Given Arrow Electronics' stronger consensus rating and higher probable upside, analysts clearly believe Arrow Electronics is more favorable than Avnet.
Arrow Electronics has higher revenue and earnings than Avnet. Avnet is trading at a lower price-to-earnings ratio than Arrow Electronics, indicating that it is currently the more affordable of the two stocks.
95.8% of Avnet shares are held by institutional investors. Comparatively, 99.3% of Arrow Electronics shares are held by institutional investors. 1.3% of Avnet shares are held by insiders. Comparatively, 1.0% of Arrow Electronics shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Summary
Arrow Electronics beats Avnet on 13 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding AVT 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 NASDAQ 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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