MEI vs. SKYT, LILM, SRI, CLFD, YRD, DAKT, RBBN, VPG, NTGR, and BAND
Should you be buying Methode Electronics stock or one of its competitors? The main competitors of Methode Electronics include SkyWater Technology (SKYT), Lilium (LILM), Stoneridge (SRI), Clearfield (CLFD), Yiren Digital (YRD), Daktronics (DAKT), Ribbon Communications (RBBN), Vishay Precision Group (VPG), NETGEAR (NTGR), and Bandwidth (BAND). These companies are all part of the "computer and technology" sector.
SkyWater Technology (NASDAQ:SKYT) and Methode Electronics (NYSE:MEI) are both small-cap computer and technology companies, but which is the better stock? We will contrast the two companies based on the strength of their analyst recommendations, profitability, media sentiment, institutional ownership, risk, dividends, valuation, earnings and community ranking.
Methode Electronics has a net margin of -5.09% compared to Methode Electronics' net margin of -10.73%. SkyWater Technology's return on equity of 0.07% beat Methode Electronics' return on equity.
SkyWater Technology has a beta of 4.28, suggesting that its share price is 328% more volatile than the S&P 500. Comparatively, Methode Electronics has a beta of 0.86, suggesting that its share price is 14% less volatile than the S&P 500.
70.0% of SkyWater Technology shares are owned by institutional investors. Comparatively, 95.5% of Methode Electronics shares are owned by institutional investors. 50.3% of SkyWater Technology shares are owned by company insiders. Comparatively, 4.8% of Methode Electronics shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
In the previous week, SkyWater Technology had 1 more articles in the media than Methode Electronics. MarketBeat recorded 2 mentions for SkyWater Technology and 1 mentions for Methode Electronics. Methode Electronics' average media sentiment score of 0.25 beat SkyWater Technology's score of -1.00 indicating that SkyWater Technology is being referred to more favorably in the media.
SkyWater Technology presently has a consensus target price of $14.67, suggesting a potential upside of 50.58%. Methode Electronics has a consensus target price of $18.67, suggesting a potential upside of 52.76%. Given SkyWater Technology's higher probable upside, analysts plainly believe Methode Electronics is more favorable than SkyWater Technology.
Methode Electronics has higher revenue and earnings than SkyWater Technology. SkyWater Technology is trading at a lower price-to-earnings ratio than Methode Electronics, indicating that it is currently the more affordable of the two stocks.
Methode Electronics received 471 more outperform votes than SkyWater Technology when rated by MarketBeat users. Likewise, 62.71% of users gave Methode Electronics an outperform vote while only 54.05% of users gave SkyWater Technology an outperform vote.
Summary
Methode Electronics beats SkyWater Technology on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding MEI 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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