TRMB vs. ONTO, NICE, LOGI, AKAM, JBL, DT, NVT, MANH, AZPN, and SWKS
Should you be buying Trimble stock or one of its competitors? The main competitors of Trimble include Onto Innovation (ONTO), NICE (NICE), Logitech International (LOGI), Akamai Technologies (AKAM), Jabil (JBL), Dynatrace (DT), nVent Electric (NVT), Manhattan Associates (MANH), Aspen Technology (AZPN), and Skyworks Solutions (SWKS). These companies are all part of the "computer and technology" sector.
Onto Innovation (NYSE:ONTO) and Trimble (NASDAQ:TRMB) are both large-cap computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their valuation, institutional ownership, analyst recommendations, media sentiment, community ranking, profitability, earnings, dividends and risk.
Onto Innovation has a beta of 1.4, indicating that its stock price is 40% more volatile than the S&P 500. Comparatively, Trimble has a beta of 1.51, indicating that its stock price is 51% more volatile than the S&P 500.
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.
Onto Innovation has a net margin of 16.43% 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.
98.3% of Onto Innovation shares are held by institutional investors. Comparatively, 93.2% of Trimble shares are held by institutional investors. 0.7% of Onto Innovation shares are held by company insiders. Comparatively, 0.5% of Trimble shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Trimble received 175 more outperform votes than Onto Innovation when rated by MarketBeat users. Likewise, 68.35% of users gave Trimble an outperform vote while only 67.14% of users gave Onto Innovation an outperform vote.
Onto Innovation currently has a consensus target price of $242.00, suggesting a potential upside of 8.28%. Trimble has a consensus target price of $66.67, suggesting a potential upside of 16.77%. Given Onto Innovation's higher possible upside, analysts plainly believe Trimble is more favorable than Onto Innovation.
In the previous week, Trimble had 3 more articles in the media than Onto Innovation. MarketBeat recorded 24 mentions for Trimble and 21 mentions for Onto Innovation. Trimble's average media sentiment score of 1.30 beat Onto Innovation's score of 0.63 indicating that Onto Innovation is being referred to more favorably in the media.
Summary
Onto Innovation and Trimble tied by winning 8 of the 16 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding TRMB 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 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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