AVT vs. ARW, SATS, VRNS, ITRI, ZI, CVLT, STNE, VERX, CWAN, and PI
Should you be buying Avnet stock or one of its competitors? The main competitors of Avnet include Arrow Electronics (ARW), EchoStar (SATS), Varonis Systems (VRNS), Itron (ITRI), ZoomInfo Technologies (ZI), Commvault Systems (CVLT), StoneCo (STNE), Vertex (VERX), Clearwater Analytics (CWAN), and Impinj (PI). These companies are all part of the "computer and technology" sector.
Arrow Electronics (NYSE:ARW) and Avnet (NASDAQ:AVT) are both mid-cap computer and technology companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, media sentiment, risk, profitability, analyst recommendations, valuation, earnings, dividends and community ranking.
99.3% of Arrow Electronics shares are held by institutional investors. Comparatively, 95.8% of Avnet shares are held by institutional investors. 0.6% of Arrow Electronics shares are held by insiders. Comparatively, 1.3% of Avnet 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.
Arrow Electronics presently has a consensus price target of $134.67, suggesting a potential upside of 3.41%. Avnet has a consensus price target of $45.00, suggesting a potential downside of 17.93%. Given Avnet's stronger consensus rating and higher probable upside, equities analysts clearly believe Arrow Electronics is more favorable than Avnet.
Arrow Electronics has higher revenue and earnings than Avnet. Avnet is trading at a lower price-to-earnings ratio than Arrow Electronics, indicating that it is currently the more affordable of the two stocks.
Arrow Electronics has a beta of 1.39, meaning that its stock price is 39% more volatile than the S&P 500. Comparatively, Avnet has a beta of 1.21, meaning that its stock price is 21% more volatile than the S&P 500.
Arrow Electronics received 419 more outperform votes than Avnet when rated by MarketBeat users. Likewise, 68.70% of users gave Arrow Electronics an outperform vote while only 22.50% of users gave Avnet an outperform vote.
Avnet has a net margin of 2.31% compared to Avnet's net margin of 2.28%. Avnet's return on equity of 14.61% beat Arrow Electronics' return on equity.
In the previous week, Arrow Electronics had 8 more articles in the media than Avnet. MarketBeat recorded 21 mentions for Arrow Electronics and 13 mentions for Avnet. Arrow Electronics' average media sentiment score of 1.07 beat Avnet's score of 0.35 indicating that Avnet is being referred to more favorably in the news media.
Summary
Arrow Electronics beats Avnet on 13 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding AVT 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 NASDAQ 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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