TRMB vs. ONTO, NICE, LOGI, AKAM, JBL, DT, NVT, MANH, AZPN, and SWKS
Should you be buying Trimble stock or one of its competitors? The main competitors of Trimble include Onto Innovation (ONTO), NICE (NICE), Logitech International (LOGI), Akamai Technologies (AKAM), Jabil (JBL), Dynatrace (DT), nVent Electric (NVT), Manhattan Associates (MANH), Aspen Technology (AZPN), and Skyworks Solutions (SWKS). These companies are all part of the "computer and technology" sector.
Trimble (NASDAQ:TRMB) and Onto Innovation (NYSE:ONTO) are both large-cap computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, community ranking, profitability, valuation, risk, earnings, media sentiment and dividends.
Trimble received 175 more outperform votes than Onto Innovation when rated by MarketBeat users. Likewise, 68.35% of users gave Trimble an outperform vote while only 67.14% of users gave Onto Innovation an outperform vote.
Trimble has a beta of 1.51, suggesting that its share price is 51% more volatile than the S&P 500. Comparatively, Onto Innovation has a beta of 1.4, suggesting that its share price is 40% more volatile than the S&P 500.
In the previous week, Trimble had 10 more articles in the media than Onto Innovation. MarketBeat recorded 19 mentions for Trimble and 9 mentions for Onto Innovation. Onto Innovation's average media sentiment score of 1.35 beat Trimble's score of 0.47 indicating that Onto Innovation is being referred to more favorably in the news media.
Trimble currently has a consensus price target of $66.67, indicating a potential upside of 16.29%. Onto Innovation has a consensus price target of $242.00, indicating a potential upside of 4.74%. Given Trimble's higher possible upside, equities research analysts plainly believe Trimble is more favorable than Onto Innovation.
Onto Innovation has a net margin of 16.43% compared to Trimble's net margin of 6.25%. Trimble's return on equity of 12.04% beat Onto Innovation's return on equity.
93.2% of Trimble shares are held by institutional investors. Comparatively, 98.4% of Onto Innovation shares are held by institutional investors. 0.5% of Trimble shares are held by insiders. Comparatively, 0.7% of Onto Innovation shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Trimble has higher revenue and earnings than Onto Innovation. Trimble is trading at a lower price-to-earnings ratio than Onto Innovation, indicating that it is currently the more affordable of the two stocks.
Summary
Trimble and Onto Innovation tied by winning 8 of the 16 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding TRMB 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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