Credo Technology Group (CRDO) Competitors

$17.59
+0.27 (+1.56%)
(As of 04/23/2024 ET)

CRDO vs. KFY, CXM, NPO, MAN, ENV, QFIN, INST, CXT, MQ, and ICFI

Should you be buying Credo Technology Group stock or one of its competitors? The main competitors of Credo Technology Group include Korn Ferry (KFY), Sprinklr (CXM), Enpro (NPO), ManpowerGroup (MAN), Envestnet (ENV), Qifu Technology (QFIN), Instructure (INST), Crane NXT (CXT), Marqeta (MQ), and ICF International (ICFI). These companies are all part of the "business services" sector.

Credo Technology Group vs.

Korn Ferry (NYSE:KFY) and Credo Technology Group (NASDAQ:CRDO) are both mid-cap industrials companies, but which is the superior stock? We will compare the two businesses based on the strength of their valuation, institutional ownership, analyst recommendations, profitability, dividends, risk, media sentiment, earnings and community ranking.

Korn Ferry has a net margin of 5.34% compared to Korn Ferry's net margin of -20.59%. Credo Technology Group's return on equity of 12.59% beat Korn Ferry's return on equity.

Company Net Margins Return on Equity Return on Assets
Korn Ferry5.34% 12.59% 6.12%
Credo Technology Group -20.59%-7.82%-6.89%

Korn Ferry has a beta of 1.47, meaning that its stock price is 47% more volatile than the S&P 500. Comparatively, Credo Technology Group has a beta of 1.97, meaning that its stock price is 97% more volatile than the S&P 500.

In the previous week, Korn Ferry had 3 more articles in the media than Credo Technology Group. MarketBeat recorded 14 mentions for Korn Ferry and 11 mentions for Credo Technology Group. Korn Ferry's average media sentiment score of 0.85 beat Credo Technology Group's score of 0.10 indicating that Credo Technology Group is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Korn Ferry
2 Very Positive mention(s)
0 Positive mention(s)
9 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Neutral
Credo Technology Group
5 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Korn Ferry has higher revenue and earnings than Credo Technology Group. Credo Technology Group is trading at a lower price-to-earnings ratio than Korn Ferry, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Korn Ferry$2.86B1.16$209.53M$2.8921.88
Credo Technology Group$164.28M17.48-$16.55M-$0.23-76.48

Korn Ferry received 308 more outperform votes than Credo Technology Group when rated by MarketBeat users. Likewise, 54.96% of users gave Korn Ferry an outperform vote while only 54.55% of users gave Credo Technology Group an outperform vote.

CompanyUnderperformOutperform
Korn FerryOutperform Votes
338
54.96%
Underperform Votes
277
45.04%
Credo Technology GroupOutperform Votes
30
54.55%
Underperform Votes
25
45.45%

98.8% of Korn Ferry shares are owned by institutional investors. Comparatively, 80.5% of Credo Technology Group shares are owned by institutional investors. 1.5% of Korn Ferry shares are owned by company insiders. Comparatively, 23.9% of Credo Technology Group shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Korn Ferry presently has a consensus target price of $69.00, indicating a potential upside of 9.14%. Credo Technology Group has a consensus target price of $24.25, indicating a potential upside of 37.86%. Given Korn Ferry's higher probable upside, analysts clearly believe Credo Technology Group is more favorable than Korn Ferry.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Korn Ferry
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.75
Credo Technology Group
1 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.63

Summary

Korn Ferry beats Credo Technology Group on 12 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CRDO 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 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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CRDO vs. The Competition

MetricCredo Technology GroupSemiconductors & related devices IndustryBusiness SectorNASDAQ Exchange
Market Cap$2.87B$42.19B$6.35B$7.48B
Dividend YieldN/A2.30%3.18%3.98%
P/E Ratio-76.4829.8137.3820.93
Price / Sales17.4813.982,536.1291.88
Price / CashN/A19.9722.1927.25
Price / Book7.525.264.604.31
Net Income-$16.55M$934.98M$123.68M$213.83M
7 Day Performance-5.38%-0.95%2.30%1.35%
1 Month Performance-20.01%-10.59%-4.21%-4.08%
1 Year Performance108.91%22.37%13.64%7.92%

Credo Technology Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
KFY
Korn Ferry
4.1089 of 5 stars
$60.46
-0.6%
$69.00
+14.1%
+28.8%$3.18B$2.86B20.9210,697
CXM
Sprinklr
4.4374 of 5 stars
$11.34
-0.1%
$16.90
+49.0%
-7.8%$3.10B$732.36M63.003,869Analyst Report
NPO
Enpro
2.541 of 5 stars
$155.05
-1.5%
$158.00
+1.9%
+54.8%$3.25B$1.06B146.273,500News Coverage
MAN
ManpowerGroup
4.4566 of 5 stars
$70.01
-0.8%
$83.00
+18.6%
+2.5%$3.39B$18.91B41.9227,900Earnings Report
Analyst Report
Analyst Revision
ENV
Envestnet
1.169 of 5 stars
$61.82
+9.3%
$63.67
+3.0%
-5.7%$3.39B$1.25B-14.153,100Analyst Downgrade
High Trading Volume
QFIN
Qifu Technology
4.9768 of 5 stars
$17.88
-2.6%
$24.73
+38.3%
+6.0%$2.89B$13.06B4.892,199
INST
Instructure
2.6478 of 5 stars
$19.54
-0.6%
$30.86
+58.0%
-27.0%$2.84B$530.21M-81.401,496
CXT
Crane NXT
3.7438 of 5 stars
$61.38
+0.6%
$81.50
+32.8%
+28.7%$3.51B$1.39B18.774,000Positive News
MQ
Marqeta
3.6707 of 5 stars
$5.29
flat
$7.57
+43.1%
+32.0%$2.72B$676.17M-12.59771
ICFI
ICF International
3.7566 of 5 stars
$140.76
+0.4%
$162.75
+15.6%
+29.8%$2.64B$1.96B32.369,000Positive News

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This page (NASDAQ:CRDO) was last updated on 4/24/2024 by MarketBeat.com Staff

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