AXON vs. DOV, BALL, HUBB, TS, AVY, IEX, ROK, ZBRA, XYL, and PKG
Should you be buying Axon Enterprise stock or one of its competitors? The main competitors of Axon Enterprise include Dover (DOV), Ball (BALL), Hubbell (HUBB), Tenaris (TS), Avery Dennison (AVY), IDEX (IEX), Rockwell Automation (ROK), Zebra Technologies (ZBRA), Xylem (XYL), and Packaging Co. of America (PKG). These companies are all part of the "industrial products" sector.
Dover (NYSE:DOV) and Axon Enterprise (NASDAQ:AXON) are both large-cap industrial products companies, but which is the better stock? We will compare the two companies based on the strength of their profitability, media sentiment, dividends, valuation, risk, institutional ownership, community ranking, analyst recommendations and earnings.
84.5% of Dover shares are held by institutional investors. Comparatively, 79.1% of Axon Enterprise shares are held by institutional investors. 1.3% of Dover shares are held by company insiders. Comparatively, 5.7% of Axon Enterprise shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Dover has a net margin of 17.28% compared to Dover's net margin of 11.14%. Axon Enterprise's return on equity of 25.04% beat Dover's return on equity.
Dover presently has a consensus target price of $185.75, suggesting a potential upside of 2.21%. Axon Enterprise has a consensus target price of $323.09, suggesting a potential downside of 1.39%. Given Axon Enterprise's higher probable upside, research analysts plainly believe Dover is more favorable than Axon Enterprise.
In the previous week, Dover had 5 more articles in the media than Axon Enterprise. MarketBeat recorded 33 mentions for Dover and 28 mentions for Axon Enterprise. Dover's average media sentiment score of 0.77 beat Axon Enterprise's score of 0.18 indicating that Axon Enterprise is being referred to more favorably in the news media.
Dover has a beta of 1.25, indicating that its share price is 25% more volatile than the S&P 500. Comparatively, Axon Enterprise has a beta of 0.91, indicating that its share price is 9% less volatile than the S&P 500.
Dover received 303 more outperform votes than Axon Enterprise when rated by MarketBeat users. However, 63.89% of users gave Axon Enterprise an outperform vote while only 61.60% of users gave Dover an outperform vote.
Dover has higher revenue and earnings than Axon Enterprise. Dover is trading at a lower price-to-earnings ratio than Axon Enterprise, indicating that it is currently the more affordable of the two stocks.
Summary
Dover beats Axon Enterprise on 11 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding AXON 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 NASDAQ 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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