GRMN vs. HPQ, FICO, WIT, ANSS, GLW, GFS, MDB, FTV, SPLK, and MTD
Should you be buying Garmin stock or one of its competitors? The main competitors of Garmin include HP (HPQ), Fair Isaac (FICO), Wipro (WIT), ANSYS (ANSS), Corning (GLW), GLOBALFOUNDRIES (GFS), MongoDB (MDB), Fortive (FTV), Splunk (SPLK), and Mettler-Toledo International (MTD). These companies are all part of the "computer and technology" sector.
HP (NYSE:HPQ) and Garmin (NYSE:GRMN) are both large-cap computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their institutional ownership, valuation, dividends, media sentiment, earnings, community ranking, analyst recommendations, profitability and risk.
HP received 1050 more outperform votes than Garmin when rated by MarketBeat users. Likewise, 60.94% of users gave HP an outperform vote while only 52.12% of users gave Garmin an outperform vote.
77.5% of HP shares are held by institutional investors. Comparatively, 73.4% of Garmin shares are held by institutional investors. 0.4% of HP shares are held by insiders. Comparatively, 19.5% of Garmin shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
HP presently has a consensus target price of $33.11, indicating a potential upside of 11.39%. Garmin has a consensus target price of $153.50, indicating a potential downside of 9.13%. Given Garmin's stronger consensus rating and higher probable upside, analysts plainly believe HP is more favorable than Garmin.
Garmin has a net margin of 24.96% compared to Garmin's net margin of 6.45%. HP's return on equity of 17.26% beat Garmin's return on equity.
In the previous week, Garmin had 7 more articles in the media than HP. MarketBeat recorded 13 mentions for Garmin and 6 mentions for HP. Garmin's average media sentiment score of 1.09 beat HP's score of 0.80 indicating that HP is being referred to more favorably in the media.
HP has a beta of 1.06, suggesting that its stock price is 6% more volatile than the S&P 500. Comparatively, Garmin has a beta of 0.99, suggesting that its stock price is 1% less volatile than the S&P 500.
HP pays an annual dividend of $1.10 per share and has a dividend yield of 3.7%. Garmin pays an annual dividend of $2.92 per share and has a dividend yield of 1.7%. HP pays out 32.2% of its earnings in the form of a dividend. Garmin pays out 41.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. HP has raised its dividend for 14 consecutive years and Garmin has raised its dividend for 1 consecutive years. HP is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
HP has higher revenue and earnings than Garmin. HP is trading at a lower price-to-earnings ratio than Garmin, indicating that it is currently the more affordable of the two stocks.
Summary
HP beats Garmin on 13 of the 22 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding GRMN 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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