ASGN vs. AVT, VERX, WK, ITRI, FIVN, SATS, CLVT, CVLT, CRUS, and FROG
Should you be buying ASGN stock or one of its competitors? The main competitors of ASGN include Avnet (AVT), Vertex (VERX), Workiva (WK), Itron (ITRI), Five9 (FIVN), EchoStar (SATS), Clarivate (CLVT), Commvault Systems (CVLT), Cirrus Logic (CRUS), and JFrog (FROG). These companies are all part of the "computer and technology" sector.
Avnet (NASDAQ:AVT) and ASGN (NYSE:ASGN) are both mid-cap computer and technology companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, media sentiment, risk, analyst recommendations, earnings, community ranking, institutional ownership, valuation and dividends.
In the previous week, Avnet had 12 more articles in the media than ASGN. MarketBeat recorded 27 mentions for Avnet and 15 mentions for ASGN. ASGN's average media sentiment score of 0.14 beat Avnet's score of -0.17 indicating that Avnet is being referred to more favorably in the media.
95.8% of Avnet shares are owned by institutional investors. Comparatively, 95.4% of ASGN shares are owned by institutional investors. 1.3% of Avnet shares are owned by company insiders. Comparatively, 3.4% of ASGN shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Avnet has a beta of 1.21, suggesting that its stock price is 21% more volatile than the S&P 500. Comparatively, ASGN has a beta of 1.51, suggesting that its stock price is 51% more volatile than the S&P 500.
Avnet presently has a consensus target price of $45.00, indicating a potential downside of 8.93%. ASGN has a consensus target price of $96.67, indicating a potential upside of 0.54%. Given Avnet's stronger consensus rating and higher possible upside, analysts plainly believe ASGN is more favorable than Avnet.
ASGN received 520 more outperform votes than Avnet when rated by MarketBeat users. Likewise, 73.27% of users gave ASGN an outperform vote while only 22.50% of users gave Avnet an outperform vote.
ASGN has a net margin of 4.76% compared to ASGN's net margin of 2.31%. Avnet's return on equity of 14.90% beat ASGN's return on equity.
Avnet has higher revenue and earnings than ASGN. Avnet is trading at a lower price-to-earnings ratio than ASGN, indicating that it is currently the more affordable of the two stocks.
Summary
ASGN beats Avnet on 12 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ASGN 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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