BYIT vs. SPT, BOKU, WPS, PAY, NETW, DARK, KNOS, OXIG, AWE, and TRST
Should you be buying Bytes Technology Group stock or one of its competitors? The main competitors of Bytes Technology Group include Spirent Communications (SPT), Boku (BOKU), W.A.G payment solutions (WPS), PayPoint (PAY), Network International (NETW), Darktrace (DARK), Kainos Group (KNOS), Oxford Instruments (OXIG), Alphawave IP Group (AWE), and Trustpilot Group (TRST). These companies are all part of the "computer and technology" sector.
Spirent Communications (LON:SPT) and Bytes Technology Group (LON:BYIT) are both small-cap computer and technology companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, earnings, valuation, community ranking, media sentiment, analyst recommendations, profitability, institutional ownership and risk.
Bytes Technology Group has lower revenue, but higher earnings than Spirent Communications. Bytes Technology Group is trading at a lower price-to-earnings ratio than Spirent Communications, indicating that it is currently the more affordable of the two stocks.
Spirent Communications received 580 more outperform votes than Bytes Technology Group when rated by MarketBeat users. However, 93.33% of users gave Bytes Technology Group an outperform vote while only 58.99% of users gave Spirent Communications an outperform vote.
Spirent Communications currently has a consensus target price of GBX 219.50, indicating a potential upside of 14.92%. Bytes Technology Group has a consensus target price of GBX 642.67, indicating a potential upside of 26.51%. Given Spirent Communications' stronger consensus rating and higher possible upside, analysts clearly believe Bytes Technology Group is more favorable than Spirent Communications.
In the previous week, Spirent Communications had 4 more articles in the media than Bytes Technology Group. MarketBeat recorded 4 mentions for Spirent Communications and 0 mentions for Bytes Technology Group. Bytes Technology Group's average media sentiment score of 0.83 beat Spirent Communications' score of 0.00 indicating that Spirent Communications is being referred to more favorably in the media.
Spirent Communications has a beta of 0.53, suggesting that its stock price is 47% less volatile than the S&P 500. Comparatively, Bytes Technology Group has a beta of 0.69, suggesting that its stock price is 31% less volatile than the S&P 500.
Bytes Technology Group has a net margin of 22.10% compared to Bytes Technology Group's net margin of 5.31%. Spirent Communications' return on equity of 83.16% beat Bytes Technology Group's return on equity.
Spirent Communications pays an annual dividend of GBX 6 per share and has a dividend yield of 3.1%. Bytes Technology Group pays an annual dividend of GBX 8 per share and has a dividend yield of 1.6%. Spirent Communications pays out 20,000.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Bytes Technology Group pays out 4,444.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
125.0% of Spirent Communications shares are held by institutional investors. Comparatively, 70.3% of Bytes Technology Group shares are held by institutional investors. 4.1% of Spirent Communications shares are held by insiders. Comparatively, 9.2% of Bytes Technology Group shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Summary
Bytes Technology Group beats Spirent Communications on 13 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding BYIT 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 LON 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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