GLW vs. ANSS, WIT, FICO, GRMN, NET, HPQ, ON, GFS, MDB, and FTV
Should you be buying Corning stock or one of its competitors? The main competitors of Corning include ANSYS (ANSS), Wipro (WIT), Fair Isaac (FICO), Garmin (GRMN), Cloudflare (NET), HP (HPQ), Onsemi (ON), GLOBALFOUNDRIES (GFS), MongoDB (MDB), and Fortive (FTV). These companies are all part of the "computer and technology" sector.
Corning (NYSE:GLW) and ANSYS (NASDAQ:ANSS) are both large-cap computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, institutional ownership, dividends, risk, earnings, media sentiment, analyst recommendations, community ranking and profitability.
69.8% of Corning shares are held by institutional investors. Comparatively, 92.4% of ANSYS shares are held by institutional investors. 0.5% of Corning shares are held by company insiders. Comparatively, 0.5% of ANSYS shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Corning currently has a consensus target price of $35.00, indicating a potential upside of 4.70%. ANSYS has a consensus target price of $320.00, indicating a potential downside of 1.55%. Given Corning's stronger consensus rating and higher probable upside, research analysts clearly believe Corning is more favorable than ANSYS.
Corning received 486 more outperform votes than ANSYS when rated by MarketBeat users. Likewise, 64.25% of users gave Corning an outperform vote while only 55.20% of users gave ANSYS an outperform vote.
Corning has higher revenue and earnings than ANSYS. Corning is trading at a lower price-to-earnings ratio than ANSYS, indicating that it is currently the more affordable of the two stocks.
ANSYS has a net margin of 19.51% compared to Corning's net margin of 4.96%. Corning's return on equity of 12.31% beat ANSYS's return on equity.
In the previous week, Corning had 21 more articles in the media than ANSYS. MarketBeat recorded 40 mentions for Corning and 19 mentions for ANSYS. Corning's average media sentiment score of 0.51 beat ANSYS's score of 0.39 indicating that Corning is being referred to more favorably in the media.
Corning has a beta of 1.07, indicating that its share price is 7% more volatile than the S&P 500. Comparatively, ANSYS has a beta of 1.16, indicating that its share price is 16% more volatile than the S&P 500.
Summary
Corning beats ANSYS 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 GLW 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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