DOV vs. AXON, BALL, HUBB, TS, ROK, AVY, IEX, ZBRA, PKG, and XYL
Should you be buying Dover stock or one of its competitors? The main competitors of Dover include Axon Enterprise (AXON), Ball (BALL), Hubbell (HUBB), Tenaris (TS), Rockwell Automation (ROK), Avery Dennison (AVY), IDEX (IEX), Zebra Technologies (ZBRA), Packaging Co. of America (PKG), and Xylem (XYL). These companies are all part of the "industrial products" sector.
Dover (NYSE:DOV) and Axon Enterprise (NASDAQ:AXON) are both large-cap industrial products companies, but which is the better business? We will contrast the two companies based on the strength of their risk, analyst recommendations, earnings, institutional ownership, valuation, community ranking, dividends, profitability and media sentiment.
Dover has a beta of 1.25, indicating that its share price is 25% more volatile than the S&P 500. Comparatively, Axon Enterprise has a beta of 0.91, indicating that its share price is 9% less volatile than the S&P 500.
Dover received 299 more outperform votes than Axon Enterprise when rated by MarketBeat users. However, 64.11% of users gave Axon Enterprise an outperform vote while only 61.60% of users gave Dover an outperform vote.
Dover presently has a consensus target price of $185.75, suggesting a potential upside of 0.90%. Axon Enterprise has a consensus target price of $335.27, suggesting a potential upside of 16.10%. Given Axon Enterprise's stronger consensus rating and higher probable upside, analysts clearly believe Axon Enterprise is more favorable than Dover.
Dover has higher revenue and earnings than Axon Enterprise. Dover is trading at a lower price-to-earnings ratio than Axon Enterprise, indicating that it is currently the more affordable of the two stocks.
Dover has a net margin of 17.28% compared to Axon Enterprise's net margin of 15.60%. Dover's return on equity of 25.04% beat Axon Enterprise's return on equity.
84.5% of Dover shares are held by institutional investors. Comparatively, 79.1% of Axon Enterprise shares are held by institutional investors. 1.3% of Dover shares are held by insiders. Comparatively, 6.1% of Axon Enterprise shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
In the previous week, Dover had 22 more articles in the media than Axon Enterprise. MarketBeat recorded 41 mentions for Dover and 19 mentions for Axon Enterprise. Axon Enterprise's average media sentiment score of 0.71 beat Dover's score of -0.06 indicating that Axon Enterprise is being referred to more favorably in the news media.
Summary
Dover beats Axon Enterprise 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 DOV 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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