TRMB vs. ONTO, JBL, EPAM, NTNX, MANH, NICE, SSNC, TER, AKAM, and DT
Should you be buying Trimble stock or one of its competitors? The main competitors of Trimble include Onto Innovation (ONTO), Jabil (JBL), EPAM Systems (EPAM), Nutanix (NTNX), Manhattan Associates (MANH), NICE (NICE), SS&C Technologies (SSNC), Teradyne (TER), Akamai Technologies (AKAM), and Dynatrace (DT). These companies are all part of the "computer and technology" sector.
Onto Innovation (NYSE:ONTO) and Trimble (NASDAQ:TRMB) are both computer and technology companies, but which is the better investment? We will compare the two businesses based on the strength of their earnings, risk, community ranking, media sentiment, analyst recommendations, institutional ownership, dividends, valuation and profitability.
Trimble received 176 more outperform votes than Onto Innovation when rated by MarketBeat users. Likewise, 68.32% of users gave Trimble an outperform vote while only 67.02% of users gave Onto Innovation an outperform vote.
Onto Innovation currently has a consensus target price of $191.60, indicating a potential upside of 0.96%. Trimble has a consensus target price of $64.83, indicating a potential upside of 7.79%. Given Onto Innovation's stronger consensus rating and higher probable upside, analysts clearly believe Trimble is more favorable than Onto Innovation.
Onto Innovation has a beta of 1.4, meaning that its share price is 40% more volatile than the S&P 500. Comparatively, Trimble has a beta of 1.5, meaning that its share price is 50% more volatile than the S&P 500.
98.4% of Onto Innovation shares are owned by institutional investors. Comparatively, 93.2% of Trimble shares are owned by institutional investors. 0.7% of Onto Innovation shares are owned by company insiders. Comparatively, 0.5% of Trimble shares are owned by company 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.
Trimble has higher revenue and earnings than Onto Innovation. Trimble is trading at a lower price-to-earnings ratio than Onto Innovation, indicating that it is currently the more affordable of the two stocks.
Onto Innovation has a net margin of 14.85% compared to Onto Innovation's net margin of 8.19%. Onto Innovation's return on equity of 12.59% beat Trimble's return on equity.
In the previous week, Trimble had 4 more articles in the media than Onto Innovation. MarketBeat recorded 14 mentions for Trimble and 10 mentions for Onto Innovation. Onto Innovation's average media sentiment score of 0.58 beat Trimble's score of 0.33 indicating that Trimble is being referred to more favorably in the news media.
Summary
Trimble beats Onto Innovation on 11 of the 18 factors compared between the two stocks.
Get Trimble News Delivered to You Automatically
Sign up to receive the latest news and ratings for TRMB and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding TRMB 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.
Related Companies and Tools
