COHR vs. CGNX, BMI, ITRI, OSIS, MLAB, DAKT, VPG, FARO, NVMI, and CAMT
Should you be buying Coherent stock or one of its competitors? The main competitors of Coherent include Cognex (CGNX), Badger Meter (BMI), Itron (ITRI), OSI Systems (OSIS), Mesa Laboratories (MLAB), Daktronics (DAKT), Vishay Precision Group (VPG), FARO Technologies (FARO), Nova (NVMI), and Camtek (CAMT).
Coherent (NYSE:COHR) and Cognex (NASDAQ:CGNX) are both mid-cap business services companies, but which is the superior investment? We will contrast the two businesses based on the strength of their profitability, institutional ownership, valuation, community ranking, earnings, dividends, media sentiment, risk and analyst recommendations.
In the previous week, Cognex had 5 more articles in the media than Coherent. MarketBeat recorded 10 mentions for Cognex and 5 mentions for Coherent. Cognex's average media sentiment score of 1.28 beat Coherent's score of 0.18 indicating that Cognex is being referred to more favorably in the news media.
Cognex has lower revenue, but higher earnings than Coherent. Coherent is trading at a lower price-to-earnings ratio than Cognex, indicating that it is currently the more affordable of the two stocks.
Cognex has a net margin of 11.76% compared to Coherent's net margin of -6.22%. Cognex's return on equity of 6.81% beat Coherent's return on equity.
83.3% of Coherent shares are owned by institutional investors. Comparatively, 88.1% of Cognex shares are owned by institutional investors. 1.3% of Coherent shares are owned by insiders. Comparatively, 1.1% of Cognex shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Coherent has a beta of 1.69, indicating that its share price is 69% more volatile than the S&P 500. Comparatively, Cognex has a beta of 1.48, indicating that its share price is 48% more volatile than the S&P 500.
Coherent received 25 more outperform votes than Cognex when rated by MarketBeat users. Likewise, 62.70% of users gave Coherent an outperform vote while only 60.57% of users gave Cognex an outperform vote.
Coherent presently has a consensus price target of $56.36, suggesting a potential downside of 1.23%. Cognex has a consensus price target of $49.15, suggesting a potential upside of 7.98%. Given Cognex's higher possible upside, analysts clearly believe Cognex is more favorable than Coherent.
Summary
Cognex beats Coherent on 12 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding COHR 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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