AVT vs. ARW, ITRN, RADA, RELL, TESS, VOXX, TAIT, TEL, ENTG, and ZM
Should you be buying Avnet stock or one of its competitors? The main competitors of Avnet include Arrow Electronics (ARW), Ituran Location and Control (ITRN), RADA Electronic Industries (RADA), Richardson Electronics (RELL), TESSCO Technologies (TESS), VOXX International (VOXX), Taitron Components (TAIT), TE Connectivity (TEL), Entegris (ENTG), and Zoom Video Communications (ZM).
Avnet (NASDAQ:AVT) and Arrow Electronics (NYSE:ARW) are both mid-cap computer and technology companies, but which is the better business? We will compare the two businesses based on the strength of their community ranking, analyst recommendations, valuation, profitability, media sentiment, risk, dividends, earnings and institutional ownership.
Avnet presently has a consensus price target of $45.00, suggesting a potential downside of 15.78%. Arrow Electronics has a consensus price target of $134.67, suggesting a potential upside of 2.31%. Given Arrow Electronics' stronger consensus rating and higher possible upside, analysts plainly believe Arrow Electronics is more favorable than Avnet.
95.8% of Avnet shares are owned by institutional investors. Comparatively, 99.3% of Arrow Electronics shares are owned by institutional investors. 1.3% of Avnet shares are owned by insiders. Comparatively, 1.0% of Arrow Electronics shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Avnet has a net margin of 2.31% compared to Arrow Electronics' net margin of 2.28%. Arrow Electronics' return on equity of 14.61% beat Avnet's return on equity.
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.
In the previous week, Avnet had 1 more articles in the media than Arrow Electronics. MarketBeat recorded 5 mentions for Avnet and 4 mentions for Arrow Electronics. Avnet's average media sentiment score of 1.26 beat Arrow Electronics' score of 0.95 indicating that Avnet is being referred to more favorably in the media.
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.
Avnet has a beta of 1.19, indicating that its share price is 19% more volatile than the S&P 500. Comparatively, Arrow Electronics has a beta of 1.3, indicating that its share price is 30% more volatile than the S&P 500.
Summary
Arrow Electronics beats Avnet on 12 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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