GRMN vs. UEIC, NOC, LHX, TDY, NXT, DRS, NN, LUNR, IPAX, and CODA
Should you be buying Garmin stock or one of its competitors? The main competitors of Garmin include Universal Electronics (UEIC), Northrop Grumman (NOC), L3Harris Technologies (LHX), Teledyne Technologies (TDY), Nextracker (NXT), Leonardo DRS (DRS), NextNav (NN), Intuitive Machines (LUNR), Inflection Point Acquisition (IPAX), and Coda Octopus Group (CODA).
Garmin (NYSE:GRMN) and Universal Electronics (NASDAQ:UEIC) are both computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, risk, profitability, dividends, community ranking, earnings, valuation, institutional ownership and media sentiment.
Garmin has a beta of 0.99, meaning that its stock price is 1% less volatile than the S&P 500. Comparatively, Universal Electronics has a beta of 1.07, meaning that its stock price is 7% more volatile than the S&P 500.
In the previous week, Garmin had 18 more articles in the media than Universal Electronics. MarketBeat recorded 20 mentions for Garmin and 2 mentions for Universal Electronics. Universal Electronics' average media sentiment score of 1.88 beat Garmin's score of 0.47 indicating that Universal Electronics is being referred to more favorably in the news media.
Garmin currently has a consensus price target of $156.83, suggesting a potential downside of 3.43%. Universal Electronics has a consensus price target of $13.00, suggesting a potential upside of 23.69%. Given Universal Electronics' higher possible upside, analysts plainly believe Universal Electronics is more favorable than Garmin.
Garmin received 120 more outperform votes than Universal Electronics when rated by MarketBeat users. However, 57.04% of users gave Universal Electronics an outperform vote while only 52.11% of users gave Garmin an outperform vote.
Garmin has a net margin of 24.96% compared to Universal Electronics' net margin of -11.27%. Garmin's return on equity of 17.26% beat Universal Electronics' return on equity.
Garmin has higher revenue and earnings than Universal Electronics. Universal Electronics is trading at a lower price-to-earnings ratio than Garmin, indicating that it is currently the more affordable of the two stocks.
73.4% of Garmin shares are held by institutional investors. Comparatively, 79.4% of Universal Electronics shares are held by institutional investors. 19.5% of Garmin shares are held by insiders. Comparatively, 9.4% of Universal Electronics shares are held by 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
Garmin beats Universal Electronics 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 GRMN 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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