SKYT vs. AAOI, LASR, NVEC, AOSL, AIP, TGAN, VLN, CAN, MX, and QUIK
Should you be buying SkyWater Technology stock or one of its competitors? The main competitors of SkyWater Technology include Applied Optoelectronics (AAOI), nLIGHT (LASR), NVE (NVEC), Alpha and Omega Semiconductor (AOSL), Arteris (AIP), Transphorm (TGAN), Valens Semiconductor (VLN), Canaan (CAN), Magnachip Semiconductor (MX), and QuickLogic (QUIK). These companies are all part of the "semiconductors & related devices" industry.
Applied Optoelectronics (NASDAQ:AAOI) and SkyWater Technology (NASDAQ:SKYT) are both small-cap computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, institutional ownership, valuation, community ranking, profitability, earnings, risk, analyst recommendations and media sentiment.
61.7% of Applied Optoelectronics shares are owned by institutional investors. Comparatively, 70.0% of SkyWater Technology shares are owned by institutional investors. 6.1% of Applied Optoelectronics shares are owned by company insiders. Comparatively, 42.6% of SkyWater Technology shares are owned by company 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.
Applied Optoelectronics currently has a consensus price target of $15.00, suggesting a potential upside of 46.77%. SkyWater Technology has a consensus price target of $13.25, suggesting a potential upside of 73.43%. Given Applied Optoelectronics' stronger consensus rating and higher probable upside, analysts plainly believe SkyWater Technology is more favorable than Applied Optoelectronics.
SkyWater Technology has a net margin of -10.73% compared to SkyWater Technology's net margin of -30.65%. SkyWater Technology's return on equity of -16.52% beat Applied Optoelectronics' return on equity.
In the previous week, Applied Optoelectronics had 4 more articles in the media than SkyWater Technology. MarketBeat recorded 20 mentions for Applied Optoelectronics and 16 mentions for SkyWater Technology. SkyWater Technology's average media sentiment score of 0.00 beat Applied Optoelectronics' score of -0.08 indicating that Applied Optoelectronics is being referred to more favorably in the media.
SkyWater Technology has higher revenue and earnings than Applied Optoelectronics. SkyWater Technology is trading at a lower price-to-earnings ratio than Applied Optoelectronics, indicating that it is currently the more affordable of the two stocks.
Applied Optoelectronics received 577 more outperform votes than SkyWater Technology when rated by MarketBeat users. Likewise, 65.39% of users gave Applied Optoelectronics an outperform vote while only 56.41% of users gave SkyWater Technology an outperform vote.
Applied Optoelectronics has a beta of 2.12, suggesting that its stock price is 112% more volatile than the S&P 500. Comparatively, SkyWater Technology has a beta of 4.18, suggesting that its stock price is 318% more volatile than the S&P 500.
Summary
SkyWater Technology beats Applied Optoelectronics on 11 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SKYT 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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