GRMN vs. HPQ, GLW, MDB, MTD, ZS, ON, SPLK, FTV, ANSS, and WIT
Should you be buying Garmin stock or one of its competitors? The main competitors of Garmin include HP (HPQ), Corning (GLW), MongoDB (MDB), Mettler-Toledo International (MTD), Zscaler (ZS), Onsemi (ON), Splunk (SPLK), Fortive (FTV), ANSYS (ANSS), and Wipro (WIT). These companies are all part of the "computer and technology" sector.
Garmin (NYSE:GRMN) and HP (NYSE:HPQ) are both large-cap computer and technology companies, but which is the better stock? We will contrast the two companies based on the strength of their community ranking, dividends, earnings, valuation, institutional ownership, risk, analyst recommendations, media sentiment and profitability.
Garmin has a net margin of 24.67% compared to HP's net margin of 6.45%. Garmin's return on equity of 16.60% beat HP's return on equity.
HP received 1050 more outperform votes than Garmin when rated by MarketBeat users. Likewise, 60.94% of users gave HP an outperform vote while only 52.36% of users gave Garmin an outperform vote.
Garmin pays an annual dividend of $2.92 per share and has a dividend yield of 2.0%. HP pays an annual dividend of $1.10 per share and has a dividend yield of 3.9%. Garmin pays out 43.5% of its earnings in the form of a dividend. HP pays out 32.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. HP is clearly the better dividend stock, given its higher yield and lower payout ratio.
In the previous week, HP had 9 more articles in the media than Garmin. MarketBeat recorded 21 mentions for HP and 12 mentions for Garmin. Garmin's average media sentiment score of 0.65 beat HP's score of 0.54 indicating that Garmin is being referred to more favorably in the media.
73.4% of Garmin shares are owned by institutional investors. Comparatively, 77.5% of HP shares are owned by institutional investors. 19.9% of Garmin shares are owned by insiders. Comparatively, 0.4% of HP shares are owned by 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.
HP has higher revenue and earnings than Garmin. HP is trading at a lower price-to-earnings ratio than Garmin, indicating that it is currently the more affordable of the two stocks.
Garmin has a beta of 0.98, meaning that its stock price is 2% less volatile than the S&P 500. Comparatively, HP has a beta of 1.05, meaning that its stock price is 5% more volatile than the S&P 500.
Garmin presently has a consensus target price of $142.33, indicating a potential downside of 1.80%. HP has a consensus target price of $33.11, indicating a potential upside of 17.58%. Given HP's stronger consensus rating and higher possible upside, analysts plainly believe HP is more favorable than Garmin.
Summary
HP beats Garmin on 12 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding GRMN 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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