WOLF vs. DIOD, SYNA, SITM, IPGP, TSEM, SLAB, SIMO, KLIC, SMTC, and OSIS
Should you be buying Wolfspeed stock or one of its competitors? The main competitors of Wolfspeed include Diodes (DIOD), Synaptics (SYNA), SiTime (SITM), IPG Photonics (IPGP), Tower Semiconductor (TSEM), Silicon Laboratories (SLAB), Silicon Motion Technology (SIMO), Kulicke and Soffa Industries (KLIC), Semtech (SMTC), and OSI Systems (OSIS). These companies are all part of the "semiconductors & related devices" industry.
Wolfspeed (NYSE:WOLF) and Diodes (NASDAQ:DIOD) are both mid-cap computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their analyst recommendations, valuation, risk, media sentiment, community ranking, institutional ownership, dividends, profitability and earnings.
Diodes has higher revenue and earnings than Wolfspeed. Wolfspeed is trading at a lower price-to-earnings ratio than Diodes, indicating that it is currently the more affordable of the two stocks.
Wolfspeed has a beta of 1.64, suggesting that its stock price is 64% more volatile than the S&P 500. Comparatively, Diodes has a beta of 1.44, suggesting that its stock price is 44% more volatile than the S&P 500.
Wolfspeed currently has a consensus target price of $36.29, suggesting a potential upside of 35.50%. Diodes has a consensus target price of $74.20, suggesting a potential downside of 0.15%. Given Wolfspeed's higher possible upside, equities analysts clearly believe Wolfspeed is more favorable than Diodes.
In the previous week, Diodes had 3 more articles in the media than Wolfspeed. MarketBeat recorded 11 mentions for Diodes and 8 mentions for Wolfspeed. Wolfspeed's average media sentiment score of 0.86 beat Diodes' score of 0.48 indicating that Wolfspeed is being referred to more favorably in the media.
Diodes has a net margin of 11.36% compared to Wolfspeed's net margin of -96.12%. Diodes' return on equity of 9.11% beat Wolfspeed's return on equity.
Diodes received 385 more outperform votes than Wolfspeed when rated by MarketBeat users. Likewise, 64.49% of users gave Diodes an outperform vote while only 30.53% of users gave Wolfspeed an outperform vote.
99.2% of Diodes shares are held by institutional investors. 0.9% of Wolfspeed shares are held by company insiders. Comparatively, 2.3% of Diodes shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Summary
Diodes beats Wolfspeed on 13 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding WOLF and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis 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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