HLIT vs. AVNW, VSAT, PL, MGNI, ARLO, ENFN, BASE, DBD, GENI, and TBLA
Should you be buying Harmonic stock or one of its competitors? The main competitors of Harmonic include Aviat Networks (AVNW), Viasat (VSAT), Planet Labs PBC (PL), Magnite (MGNI), Arlo Technologies (ARLO), Enfusion (ENFN), Couchbase (BASE), Diebold Nixdorf (DBD), Genius Sports (GENI), and Taboola.com (TBLA). These companies are all part of the "computer and technology" sector.
Harmonic (NASDAQ:HLIT) and Aviat Networks (NASDAQ:AVNW) are both small-cap computer and technology companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, analyst recommendations, profitability, risk, dividends, earnings, media sentiment, valuation and community ranking.
99.4% of Harmonic shares are owned by institutional investors. Comparatively, 78.6% of Aviat Networks shares are owned by institutional investors. 2.2% of Harmonic shares are owned by insiders. Comparatively, 5.7% of Aviat Networks shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Harmonic has a beta of 0.9, indicating that its share price is 10% less volatile than the S&P 500. Comparatively, Aviat Networks has a beta of 1.78, indicating that its share price is 78% more volatile than the S&P 500.
Harmonic presently has a consensus target price of $17.20, suggesting a potential upside of 56.93%. Aviat Networks has a consensus target price of $53.75, suggesting a potential upside of 79.71%. Given Aviat Networks' higher probable upside, analysts plainly believe Aviat Networks is more favorable than Harmonic.
Harmonic received 95 more outperform votes than Aviat Networks when rated by MarketBeat users. However, 65.12% of users gave Aviat Networks an outperform vote while only 59.93% of users gave Harmonic an outperform vote.
In the previous week, Harmonic had 21 more articles in the media than Aviat Networks. MarketBeat recorded 36 mentions for Harmonic and 15 mentions for Aviat Networks. Harmonic's average media sentiment score of 0.50 beat Aviat Networks' score of 0.06 indicating that Harmonic is being referred to more favorably in the media.
Harmonic has higher revenue and earnings than Aviat Networks. Harmonic is trading at a lower price-to-earnings ratio than Aviat Networks, indicating that it is currently the more affordable of the two stocks.
Harmonic has a net margin of 12.37% compared to Aviat Networks' net margin of 3.54%. Aviat Networks' return on equity of 14.54% beat Harmonic's return on equity.
Summary
Harmonic beats Aviat Networks on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding HLIT 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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