SYNA vs. WOLF, DIOD, IPGP, TSEM, SLAB, POWI, SITM, FORM, SIMO, and KLIC
Should you be buying Synaptics stock or one of its competitors? The main competitors of Synaptics include Wolfspeed (WOLF), Diodes (DIOD), IPG Photonics (IPGP), Tower Semiconductor (TSEM), Silicon Laboratories (SLAB), Power Integrations (POWI), SiTime (SITM), FormFactor (FORM), Silicon Motion Technology (SIMO), and Kulicke and Soffa Industries (KLIC). These companies are all part of the "semiconductors & related devices" industry.
Synaptics (NASDAQ:SYNA) and Wolfspeed (NYSE:WOLF) are both mid-cap computer and technology companies, but which is the superior business? We will contrast the two businesses based on the strength of their profitability, analyst recommendations, institutional ownership, community ranking, dividends, risk, earnings, media sentiment and valuation.
Synaptics has a net margin of -11.30% compared to Wolfspeed's net margin of -96.12%. Synaptics' return on equity of -0.90% beat Wolfspeed's return on equity.
In the previous week, Wolfspeed had 1 more articles in the media than Synaptics. MarketBeat recorded 8 mentions for Wolfspeed and 7 mentions for Synaptics. Synaptics' average media sentiment score of 1.32 beat Wolfspeed's score of 0.86 indicating that Synaptics is being referred to more favorably in the media.
Synaptics received 764 more outperform votes than Wolfspeed when rated by MarketBeat users. Likewise, 63.24% of users gave Synaptics an outperform vote while only 30.53% of users gave Wolfspeed an outperform vote.
Synaptics has a beta of 1.59, suggesting that its stock price is 59% more volatile than the S&P 500. Comparatively, Wolfspeed has a beta of 1.64, suggesting that its stock price is 64% more volatile than the S&P 500.
Synaptics presently has a consensus price target of $117.67, indicating a potential upside of 26.28%. Wolfspeed has a consensus price target of $36.29, indicating a potential upside of 35.50%. Given Wolfspeed's higher possible upside, analysts plainly believe Wolfspeed is more favorable than Synaptics.
99.4% of Synaptics shares are held by institutional investors. 1.2% of Synaptics shares are held by company insiders. Comparatively, 0.9% of Wolfspeed shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Synaptics has higher revenue and earnings than Wolfspeed. Synaptics is trading at a lower price-to-earnings ratio than Wolfspeed, indicating that it is currently the more affordable of the two stocks.
Summary
Synaptics 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 SYNA 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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