ASGN vs. AVT, WK, CWAN, PI, FORM, ZI, CVLT, ALIT, VERX, and ITRI
Should you be buying ASGN stock or one of its competitors? The main competitors of ASGN include Avnet (AVT), Workiva (WK), Clearwater Analytics (CWAN), Impinj (PI), FormFactor (FORM), ZoomInfo Technologies (ZI), Commvault Systems (CVLT), Alight (ALIT), Vertex (VERX), and Itron (ITRI). These companies are all part of the "computer and technology" sector.
Avnet (NASDAQ:AVT) and ASGN (NYSE:ASGN) are both mid-cap computer and technology companies, but which is the better investment? We will compare the two businesses based on the strength of their risk, analyst recommendations, profitability, dividends, institutional ownership, earnings, community ranking, media sentiment and valuation.
ASGN received 520 more outperform votes than Avnet when rated by MarketBeat users. Likewise, 73.27% of users gave ASGN an outperform vote while only 22.50% of users gave Avnet an outperform vote.
ASGN has a net margin of 4.76% compared to ASGN's net margin of 2.31%. Avnet's return on equity of 14.90% beat ASGN's return on equity.
Avnet has a beta of 1.21, suggesting that its share price is 21% more volatile than the S&P 500. Comparatively, ASGN has a beta of 1.51, suggesting that its share price is 51% more volatile than the S&P 500.
In the previous week, Avnet had 25 more articles in the media than ASGN. MarketBeat recorded 27 mentions for Avnet and 2 mentions for ASGN. ASGN's average media sentiment score of 0.28 beat Avnet's score of -0.33 indicating that Avnet is being referred to more favorably in the media.
95.8% of Avnet shares are owned by institutional investors. Comparatively, 95.4% of ASGN shares are owned by institutional investors. 1.3% of Avnet shares are owned by insiders. Comparatively, 3.4% of ASGN shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Avnet currently has a consensus price target of $45.00, indicating a potential downside of 15.62%. ASGN has a consensus price target of $96.67, indicating a potential downside of 4.40%. Given Avnet's stronger consensus rating and higher possible upside, analysts plainly believe ASGN is more favorable than Avnet.
Avnet has higher revenue and earnings than ASGN. Avnet is trading at a lower price-to-earnings ratio than ASGN, indicating that it is currently the more affordable of the two stocks.
Summary
ASGN beats Avnet on 12 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ASGN 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 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.
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