DOV vs. AXON, BALL, HUBB, TS, ROK, AVY, IEX, ZBRA, PKG, and XYL
Should you be buying Dover stock or one of its competitors? The main competitors of Dover include Axon Enterprise (AXON), Ball (BALL), Hubbell (HUBB), Tenaris (TS), Rockwell Automation (ROK), Avery Dennison (AVY), IDEX (IEX), Zebra Technologies (ZBRA), Packaging Co. of America (PKG), and Xylem (XYL). These companies are all part of the "industrial products" sector.
Axon Enterprise (NASDAQ:AXON) and Dover (NYSE:DOV) are both large-cap industrial products companies, but which is the superior business? We will compare the two businesses based on the strength of their analyst recommendations, media sentiment, earnings, dividends, risk, institutional ownership, profitability, valuation and community ranking.
Axon Enterprise has a beta of 0.91, indicating that its stock price is 9% less volatile than the S&P 500. Comparatively, Dover has a beta of 1.25, indicating that its stock price is 25% more volatile than the S&P 500.
Dover received 299 more outperform votes than Axon Enterprise when rated by MarketBeat users. However, 64.11% of users gave Axon Enterprise an outperform vote while only 61.60% of users gave Dover an outperform vote.
79.1% of Axon Enterprise shares are owned by institutional investors. Comparatively, 84.5% of Dover shares are owned by institutional investors. 5.7% of Axon Enterprise shares are owned by company insiders. Comparatively, 1.3% of Dover shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Dover has a net margin of 17.28% compared to Dover's net margin of 15.60%. Axon Enterprise's return on equity of 25.04% beat Dover's return on equity.
Axon Enterprise currently has a consensus price target of $335.27, suggesting a potential upside of 11.67%. Dover has a consensus price target of $185.75, suggesting a potential upside of 0.81%. Given Dover's stronger consensus rating and higher probable upside, analysts plainly believe Axon Enterprise is more favorable than Dover.
In the previous week, Dover had 13 more articles in the media than Axon Enterprise. MarketBeat recorded 44 mentions for Dover and 31 mentions for Axon Enterprise. Dover's average media sentiment score of 0.73 beat Axon Enterprise's score of 0.02 indicating that Axon Enterprise is being referred to more favorably in the media.
Dover has higher revenue and earnings than Axon Enterprise. Dover is trading at a lower price-to-earnings ratio than Axon Enterprise, indicating that it is currently the more affordable of the two stocks.
Summary
Dover beats Axon Enterprise on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding DOV 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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