ONTO vs. TRMB, PAYC, WWD, SNX, TOST, CYBR, DOX, BRKR, FFIV, and ZG
Should you be buying Onto Innovation stock or one of its competitors? The main competitors of Onto Innovation include Trimble (TRMB), Paycom Software (PAYC), Woodward (WWD), TD SYNNEX (SNX), Toast (TOST), CyberArk Software (CYBR), Amdocs (DOX), Bruker (BRKR), F5 (FFIV), and Zillow Group (ZG). These companies are all part of the "computer and technology" sector.
Trimble (NASDAQ:TRMB) and Onto Innovation (NYSE:ONTO) are both large-cap computer and technology companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, community ranking, analyst recommendations, valuation, dividends, risk, profitability, earnings and media sentiment.
Trimble has higher revenue and earnings than Onto Innovation. Trimble is trading at a lower price-to-earnings ratio than Onto Innovation, indicating that it is currently the more affordable of the two stocks.
Trimble currently has a consensus target price of $66.67, indicating a potential upside of 17.37%. Onto Innovation has a consensus target price of $213.60, indicating a potential downside of 4.79%. Given Onto Innovation's stronger consensus rating and higher probable upside, equities analysts clearly believe Trimble is more favorable than Onto Innovation.
In the previous week, Trimble and Trimble both had 23 articles in the media. Trimble's average media sentiment score of 1.12 beat Onto Innovation's score of 0.55 indicating that Onto Innovation is being referred to more favorably in the news media.
Trimble received 175 more outperform votes than Onto Innovation when rated by MarketBeat users. Likewise, 68.31% of users gave Trimble an outperform vote while only 67.08% of users gave Onto Innovation an outperform vote.
Trimble has a beta of 1.51, indicating that its stock price is 51% more volatile than the S&P 500. Comparatively, Onto Innovation has a beta of 1.4, indicating that its stock price is 40% more volatile than the S&P 500.
Onto Innovation has a net margin of 16.43% compared to Onto Innovation's net margin of 6.25%. Onto Innovation's return on equity of 12.04% beat Trimble's return on equity.
93.2% of Trimble shares are owned by institutional investors. Comparatively, 98.4% of Onto Innovation shares are owned by institutional investors. 0.5% of Trimble shares are owned by company insiders. Comparatively, 0.7% of Onto Innovation shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Summary
Trimble beats Onto Innovation on 9 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ONTO 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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