SNX vs. QRVO, CYBR, DOX, TOST, ZG, FFIV, PATH, PAYC, TWLO, and ALAB
Should you be buying TD SYNNEX stock or one of its competitors? The main competitors of TD SYNNEX include Qorvo (QRVO), CyberArk Software (CYBR), Amdocs (DOX), Toast (TOST), Zillow Group (ZG), F5 (FFIV), UiPath (PATH), Paycom Software (PAYC), Twilio (TWLO), and Astera Labs (ALAB). These companies are all part of the "computer and technology" sector.
Qorvo (NASDAQ:QRVO) and TD SYNNEX (NYSE:SNX) are both computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their risk, analyst recommendations, media sentiment, profitability, community ranking, institutional ownership, earnings, valuation and dividends.
In the previous week, Qorvo had 26 more articles in the media than TD SYNNEX. MarketBeat recorded 33 mentions for Qorvo and 7 mentions for TD SYNNEX. Qorvo's average media sentiment score of 0.99 beat TD SYNNEX's score of 0.16 indicating that TD SYNNEX is being referred to more favorably in the news media.
Qorvo has a beta of 1.53, indicating that its share price is 53% more volatile than the S&P 500. Comparatively, TD SYNNEX has a beta of 1.59, indicating that its share price is 59% more volatile than the S&P 500.
Qorvo presently has a consensus price target of $111.50, indicating a potential upside of 16.55%. TD SYNNEX has a consensus price target of $121.82, indicating a potential upside of 4.64%. Given TD SYNNEX's higher probable upside, analysts clearly believe Qorvo is more favorable than TD SYNNEX.
Qorvo received 225 more outperform votes than TD SYNNEX when rated by MarketBeat users. Likewise, 66.67% of users gave Qorvo an outperform vote while only 61.99% of users gave TD SYNNEX an outperform vote.
TD SYNNEX has higher revenue and earnings than Qorvo. Qorvo is trading at a lower price-to-earnings ratio than TD SYNNEX, indicating that it is currently the more affordable of the two stocks.
88.6% of Qorvo shares are held by institutional investors. Comparatively, 84.0% of TD SYNNEX shares are held by institutional investors. 0.4% of Qorvo shares are held by company insiders. Comparatively, 1.9% of TD SYNNEX shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
TD SYNNEX has a net margin of 1.12% compared to TD SYNNEX's net margin of -6.11%. Qorvo's return on equity of 12.16% beat TD SYNNEX's return on equity.
Summary
TD SYNNEX beats Qorvo 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 SNX 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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