COHR vs. PSN, CFLT, WEX, FCN, CART, STN, NOV, RHI, ULS, and FUTU
Should you be buying Coherent stock or one of its competitors? The main competitors of Coherent include Parsons (PSN), Confluent (CFLT), WEX (WEX), FTI Consulting (FCN), Maplebear (CART), Stantec (STN), NOV (NOV), Robert Half (RHI), UL Solutions (ULS), and Futu (FUTU). These companies are all part of the "business services" sector.
Coherent (NYSE:COHR) and Parsons (NYSE:PSN) are both mid-cap business services companies, but which is the better investment? We will compare the two companies based on the strength of their dividends, media sentiment, risk, institutional ownership, earnings, analyst recommendations, profitability, community ranking and valuation.
Parsons has higher revenue and earnings than Coherent. Coherent is trading at a lower price-to-earnings ratio than Parsons, indicating that it is currently the more affordable of the two stocks.
Parsons has a net margin of 2.96% compared to Coherent's net margin of -5.84%. Parsons' return on equity of 10.32% beat Coherent's return on equity.
In the previous week, Parsons had 35 more articles in the media than Coherent. MarketBeat recorded 39 mentions for Parsons and 4 mentions for Coherent. Coherent's average media sentiment score of 0.31 beat Parsons' score of 0.26 indicating that Coherent is being referred to more favorably in the media.
Coherent has a beta of 1.69, indicating that its stock price is 69% more volatile than the S&P 500. Comparatively, Parsons has a beta of 0.86, indicating that its stock price is 14% less volatile than the S&P 500.
Coherent received 432 more outperform votes than Parsons when rated by MarketBeat users. Likewise, 62.57% of users gave Coherent an outperform vote while only 56.91% of users gave Parsons an outperform vote.
Coherent currently has a consensus price target of $58.27, indicating a potential upside of 5.21%. Parsons has a consensus price target of $82.33, indicating a potential upside of 6.51%. Given Parsons' stronger consensus rating and higher possible upside, analysts clearly believe Parsons is more favorable than Coherent.
83.3% of Coherent shares are owned by institutional investors. Comparatively, 98.0% of Parsons shares are owned by institutional investors. 1.3% of Coherent shares are owned by insiders. Comparatively, 56.0% of Parsons shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Summary
Parsons beats Coherent on 13 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding COHR 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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