BIO vs. ILMN, WAT, BIO.B, RVTY, TXG, OLK, AVTR, ELAN, GMED, and CHE
Should you be buying Bio-Rad Laboratories stock or one of its competitors? The main competitors of Bio-Rad Laboratories include Illumina (ILMN), Waters (WAT), Bio-Rad Laboratories (BIO.B), Revvity (RVTY), 10x Genomics (TXG), Olink Holding AB (publ) (OLK), Avantor (AVTR), Elanco Animal Health (ELAN), Globus Medical (GMED), and Chemed (CHE). These companies are all part of the "medical" sector.
Illumina (NASDAQ:ILMN) and Bio-Rad Laboratories (NYSE:BIO) are both medical companies, but which is the better stock? We will compare the two companies based on the strength of their valuation, earnings, institutional ownership, media sentiment, profitability, dividends, risk, analyst recommendations and community ranking.
Illumina currently has a consensus target price of $164.65, suggesting a potential upside of 48.24%. Bio-Rad Laboratories has a consensus target price of $461.00, suggesting a potential upside of 56.88%. Given Illumina's stronger consensus rating and higher probable upside, analysts clearly believe Bio-Rad Laboratories is more favorable than Illumina.
Illumina received 717 more outperform votes than Bio-Rad Laboratories when rated by MarketBeat users. Likewise, 65.71% of users gave Illumina an outperform vote while only 64.87% of users gave Bio-Rad Laboratories an outperform vote.
Bio-Rad Laboratories has a net margin of -12.37% compared to Bio-Rad Laboratories' net margin of -28.71%. Illumina's return on equity of 3.59% beat Bio-Rad Laboratories' return on equity.
In the previous week, Illumina had 8 more articles in the media than Bio-Rad Laboratories. MarketBeat recorded 14 mentions for Illumina and 6 mentions for Bio-Rad Laboratories. Bio-Rad Laboratories' average media sentiment score of 0.79 beat Illumina's score of 0.54 indicating that Illumina is being referred to more favorably in the media.
89.4% of Illumina shares are owned by institutional investors. Comparatively, 65.2% of Bio-Rad Laboratories shares are owned by institutional investors. 0.2% of Illumina shares are owned by company insiders. Comparatively, 17.1% of Bio-Rad Laboratories shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Bio-Rad Laboratories has lower revenue, but higher earnings than Illumina. Bio-Rad Laboratories is trading at a lower price-to-earnings ratio than Illumina, indicating that it is currently the more affordable of the two stocks.
Illumina has a beta of 1.2, suggesting that its stock price is 20% more volatile than the S&P 500. Comparatively, Bio-Rad Laboratories has a beta of 0.94, suggesting that its stock price is 6% less volatile than the S&P 500.
Summary
Illumina beats Bio-Rad Laboratories on 11 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding BIO 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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