DOV vs. AXON, TS, HUBB, BALL, IEX, AVY, ROK, XYL, PKG, and GGG
Should you be buying Dover stock or one of its competitors? The main competitors of Dover include Axon Enterprise (AXON), Tenaris (TS), Hubbell (HUBB), Ball (BALL), IDEX (IEX), Avery Dennison (AVY), Rockwell Automation (ROK), Xylem (XYL), Packaging Co. of America (PKG), and Graco (GGG). These companies are all part of the "industrial products" sector.
Axon Enterprise (NASDAQ:AXON) and Dover (NYSE:DOV) are both large-cap industrial products companies, but which is the better business? We will compare the two companies based on the strength of their risk, valuation, institutional ownership, earnings, analyst recommendations, dividends, community ranking, profitability and media sentiment.
Dover received 303 more outperform votes than Axon Enterprise when rated by MarketBeat users. However, 63.89% of users gave Axon Enterprise an outperform vote while only 61.60% of users gave Dover an outperform vote.
Dover has a net margin of 17.28% compared to Dover's net margin of 11.14%. Axon Enterprise's return on equity of 25.04% beat Dover's return on equity.
Dover has higher revenue and earnings than Axon Enterprise. Dover is trading at a lower price-to-earnings ratio than Axon Enterprise, indicating that it is currently the more affordable of the two stocks.
In the previous week, Dover had 43 more articles in the media than Axon Enterprise. MarketBeat recorded 57 mentions for Dover and 14 mentions for Axon Enterprise. Dover's average media sentiment score of 0.77 beat Axon Enterprise's score of 0.31 indicating that Axon Enterprise is being referred to more favorably in the media.
79.1% of Axon Enterprise shares are held by institutional investors. Comparatively, 84.5% of Dover shares are held by institutional investors. 6.1% of Axon Enterprise shares are held by insiders. Comparatively, 1.3% of Dover shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Axon Enterprise has a beta of 0.91, suggesting that its share price is 9% less volatile than the S&P 500. Comparatively, Dover has a beta of 1.25, suggesting that its share price is 25% more volatile than the S&P 500.
Axon Enterprise presently has a consensus price target of $323.09, suggesting a potential upside of 1.16%. Dover has a consensus price target of $185.75, suggesting a potential upside of 4.42%. Given Axon Enterprise's higher probable upside, analysts plainly believe Dover is more favorable than Axon Enterprise.
Summary
Dover beats Axon Enterprise 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 DOV 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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