1COV vs. BNR, LXS, SY1, WCH, TKA, SDF, NDA, FPE3, HEI, and SZG
Should you be buying Covestro stock or one of its competitors? The main competitors of Covestro include Brenntag (BNR), LANXESS Aktiengesellschaft (LXS), Symrise (SY1), Wacker Chemie (WCH), thyssenkrupp (TKA), K+S Aktiengesellschaft (SDF), Aurubis (NDA), Fuchs Petrolub (FPE3), HeidelbergCement (HEI), and Salzgitter (SZG). These companies are all part of the "basic materials" sector.
Covestro vs.
Covestro (ETR:1COV) and Brenntag (ETR:BNR) are both basic materials companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, community ranking, valuation, media sentiment, earnings, analyst recommendations, risk, institutional ownership and dividends.
Brenntag has a net margin of 4.56% compared to Covestro's net margin of -1.51%. Brenntag's return on equity of 20.52% beat Covestro's return on equity.
Covestro pays an annual dividend of €3.40 per share and has a dividend yield of 8.9%. Brenntag pays an annual dividend of €2.00 per share and has a dividend yield of 2.9%. Covestro pays out -239.4% of its earnings in the form of a dividend. Brenntag pays out 34.9% 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. Covestro is clearly the better dividend stock, given its higher yield and lower payout ratio.
Covestro has a beta of 1.39, suggesting that its share price is 39% more volatile than the S&P 500. Comparatively, Brenntag has a beta of 1.06, suggesting that its share price is 6% more volatile than the S&P 500.
In the previous week, Covestro had 9 more articles in the media than Brenntag. MarketBeat recorded 9 mentions for Covestro and 0 mentions for Brenntag. Covestro's average media sentiment score of 0.13 beat Brenntag's score of 0.00 indicating that Covestro is being referred to more favorably in the media.
Brenntag has higher revenue and earnings than Covestro. Covestro is trading at a lower price-to-earnings ratio than Brenntag, indicating that it is currently the more affordable of the two stocks.
Covestro currently has a consensus target price of €45.65, indicating a potential upside of 19.72%. Given Covestro's higher possible upside, analysts plainly believe Covestro is more favorable than Brenntag.
Covestro received 484 more outperform votes than Brenntag when rated by MarketBeat users. However, 63.64% of users gave Brenntag an outperform vote while only 55.12% of users gave Covestro an outperform vote.
54.9% of Covestro shares are owned by institutional investors. Comparatively, 65.5% of Brenntag shares are owned by institutional investors. 0.0% of Covestro shares are owned by company insiders. Comparatively, 3.0% of Brenntag shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Summary
Brenntag beats Covestro on 11 of the 18 factors compared between the two stocks.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding 1COV and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of ETR 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.
Covestro Competitors List
