Novo Nordisk A/S (NVO) Competitors

$123.05
-0.97 (-0.78%)
(As of 05/3/2024 ET)

NVO vs. LLY, JNJ, MRK, ABBV, AZN, NVS, ABT, PFE, UNH, and TMO

Should you be buying Novo Nordisk A/S stock or one of its competitors? The main competitors of Novo Nordisk A/S include Eli Lilly and Company (LLY), Johnson & Johnson (JNJ), Merck & Co., Inc. (MRK), AbbVie (ABBV), AstraZeneca (AZN), Novartis (NVS), Abbott Laboratories (ABT), Pfizer (PFE), UnitedHealth Group (UNH), and Thermo Fisher Scientific (TMO). These companies are all part of the "medical" sector.

Novo Nordisk A/S vs.

Eli Lilly and Company (NYSE:LLY) and Novo Nordisk A/S (NYSE:NVO) are both large-cap medical companies, but which is the better investment? We will compare the two businesses based on the strength of their earnings, risk, valuation, media sentiment, dividends, analyst recommendations, community ranking, institutional ownership and profitability.

Novo Nordisk A/S has lower revenue, but higher earnings than Eli Lilly and Company. Novo Nordisk A/S is trading at a lower price-to-earnings ratio than Eli Lilly and Company, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Eli Lilly and Company$34.12B20.47$5.24B$6.79108.24
Novo Nordisk A/S$33.71B16.38$12.15B$2.9042.43

Eli Lilly and Company received 769 more outperform votes than Novo Nordisk A/S when rated by MarketBeat users. Likewise, 70.05% of users gave Eli Lilly and Company an outperform vote while only 60.60% of users gave Novo Nordisk A/S an outperform vote.

CompanyUnderperformOutperform
Eli Lilly and CompanyOutperform Votes
1172
70.05%
Underperform Votes
501
29.95%
Novo Nordisk A/SOutperform Votes
403
60.60%
Underperform Votes
262
39.40%

Eli Lilly and Company has a beta of 0.37, suggesting that its stock price is 63% less volatile than the S&P 500. Comparatively, Novo Nordisk A/S has a beta of 0.43, suggesting that its stock price is 57% less volatile than the S&P 500.

Eli Lilly and Company presently has a consensus target price of $757.95, indicating a potential upside of 3.13%. Novo Nordisk A/S has a consensus target price of $133.60, indicating a potential upside of 8.57%. Given Eli Lilly and Company's higher probable upside, analysts clearly believe Novo Nordisk A/S is more favorable than Eli Lilly and Company.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Eli Lilly and Company
0 Sell rating(s)
3 Hold rating(s)
16 Buy rating(s)
0 Strong Buy rating(s)
2.84
Novo Nordisk A/S
0 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.75

Novo Nordisk A/S has a net margin of 36.56% compared to Novo Nordisk A/S's net margin of 17.08%. Eli Lilly and Company's return on equity of 92.21% beat Novo Nordisk A/S's return on equity.

Company Net Margins Return on Equity Return on Assets
Eli Lilly and Company17.08% 56.98% 10.94%
Novo Nordisk A/S 36.56%92.21%29.87%

In the previous week, Eli Lilly and Company had 37 more articles in the media than Novo Nordisk A/S. MarketBeat recorded 98 mentions for Eli Lilly and Company and 61 mentions for Novo Nordisk A/S. Novo Nordisk A/S's average media sentiment score of 0.66 beat Eli Lilly and Company's score of 0.56 indicating that Eli Lilly and Company is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Eli Lilly and Company
38 Very Positive mention(s)
14 Positive mention(s)
26 Neutral mention(s)
7 Negative mention(s)
1 Very Negative mention(s)
Positive
Novo Nordisk A/S
25 Very Positive mention(s)
6 Positive mention(s)
17 Neutral mention(s)
8 Negative mention(s)
3 Very Negative mention(s)
Positive

Eli Lilly and Company pays an annual dividend of $5.20 per share and has a dividend yield of 0.7%. Novo Nordisk A/S pays an annual dividend of $1.33 per share and has a dividend yield of 1.1%. Eli Lilly and Company pays out 76.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Novo Nordisk A/S pays out 45.9% of its earnings in the form of a dividend. Eli Lilly and Company has increased its dividend for 10 consecutive years and Novo Nordisk A/S has increased its dividend for 1 consecutive years. Novo Nordisk A/S is clearly the better dividend stock, given its higher yield and lower payout ratio.

82.5% of Eli Lilly and Company shares are held by institutional investors. Comparatively, 11.5% of Novo Nordisk A/S shares are held by institutional investors. 0.1% of Eli Lilly and Company shares are held by company insiders. Comparatively, 0.1% of Novo Nordisk A/S shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Summary

Eli Lilly and Company beats Novo Nordisk A/S on 13 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NVO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

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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NVO vs. The Competition

MetricNovo Nordisk A/SPharmaceutical IndustryMedical SectorNYSE Exchange
Market Cap$552.19B$6.84B$5.12B$17.39B
Dividend Yield1.07%2.79%2.88%3.55%
P/E Ratio42.4324.39247.3524.29
Price / Sales16.38354.582,428.8410.82
Price / Cash41.1932.1349.0717.82
Price / Book35.676.054.875.52
Net Income$12.15B$138.29M$103.89M$964.63M
7 Day Performance-3.00%5.31%3.93%1.74%
1 Month Performance-2.23%-4.18%-3.03%-1.66%
1 Year Performance201.52%-0.98%4.23%103.32%

Novo Nordisk A/S Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
LLY
Eli Lilly and Company
4.7114 of 5 stars
$737.33
+0.5%
$728.05
-1.3%
+71.5%$700.58B$34.12B127.1343,000Earnings Report
Analyst Report
Analyst Revision
JNJ
Johnson & Johnson
4.9046 of 5 stars
$146.84
+0.5%
$175.86
+19.8%
-7.9%$353.85B$85.16B9.15131,900
MRK
Merck & Co., Inc.
4.7659 of 5 stars
$130.10
-0.8%
$131.33
+0.9%
+8.6%$329.55B$61.40B144.5672,000
ABBV
AbbVie
4.6812 of 5 stars
$161.52
+1.2%
$174.31
+7.9%
+11.1%$286.00B$54.32B47.9350,000Earnings Report
Analyst Revision
AZN
AstraZeneca
1.5724 of 5 stars
$75.48
+0.4%
$81.00
+7.3%
+2.6%$234.02B$45.81B37.0089,900
NVS
Novartis
3.2733 of 5 stars
$97.10
-0.3%
$115.00
+18.4%
-7.0%$198.47B$47.73B13.1076,057
ABT
Abbott Laboratories
4.9951 of 5 stars
$107.29
-0.2%
$121.50
+13.2%
-4.5%$186.17B$40.11B33.42114,000
PFE
Pfizer
4.9804 of 5 stars
$25.65
+1.0%
$36.33
+41.7%
-27.3%$145.24B$58.50B71.2588,000Earnings Report
Analyst Report
Analyst Revision
UNH
UnitedHealth Group
4.9527 of 5 stars
$489.00
-1.3%
$570.05
+16.6%
+1.1%$449.92B$371.62B29.89440,000Analyst Revision
TMO
Thermo Fisher Scientific
4.6436 of 5 stars
$576.87
+0.6%
$606.76
+5.2%
+4.9%$220.20B$42.86B37.00122,000Analyst Report
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This page (NYSE:NVO) was last updated on 5/5/2024 by MarketBeat.com Staff

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