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Canadian Solar (CSIQ) Competitors

$15.84
+0.81 (+5.39%)
(As of 10/4/2024 ET)

CSIQ vs. MXL, XPER, AMBA, ALGM, LITE, LPL, SITM, KLIC, SIMO, and VIAV

Should you be buying Canadian Solar stock or one of its competitors? The main competitors of Canadian Solar include MaxLinear (MXL), Xperi (XPER), Ambarella (AMBA), Allegro MicroSystems (ALGM), Lumentum (LITE), LG Display (LPL), SiTime (SITM), Kulicke and Soffa Industries (KLIC), Silicon Motion Technology (SIMO), and Viavi Solutions (VIAV).

Canadian Solar vs.

MaxLinear (NYSE:MXL) and Canadian Solar (NASDAQ:CSIQ) are both small-cap computer and technology companies, but which is the better stock? We will contrast the two companies based on the strength of their dividends, profitability, earnings, media sentiment, valuation, analyst recommendations, risk, institutional ownership and community ranking.

Canadian Solar has a net margin of 0.56% compared to MaxLinear's net margin of -42.38%. Canadian Solar's return on equity of 0.99% beat MaxLinear's return on equity.

Company Net Margins Return on Equity Return on Assets
MaxLinear-42.38% -12.39% -7.82%
Canadian Solar 0.56%0.99%0.31%

MaxLinear received 59 more outperform votes than Canadian Solar when rated by MarketBeat users. Likewise, 72.74% of users gave MaxLinear an outperform vote while only 59.03% of users gave Canadian Solar an outperform vote.

CompanyUnderperformOutperform
MaxLinearOutperform Votes
595
72.74%
Underperform Votes
223
27.26%
Canadian SolarOutperform Votes
536
59.03%
Underperform Votes
372
40.97%

In the previous week, MaxLinear had 6 more articles in the media than Canadian Solar. MarketBeat recorded 17 mentions for MaxLinear and 11 mentions for Canadian Solar. Canadian Solar's average media sentiment score of 0.33 beat MaxLinear's score of 0.19 indicating that Canadian Solar is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
MaxLinear
6 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Neutral
Canadian Solar
3 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

MaxLinear presently has a consensus target price of $23.44, indicating a potential upside of 74.70%. Canadian Solar has a consensus target price of $23.33, indicating a potential upside of 47.27%. Given MaxLinear's stronger consensus rating and higher possible upside, equities analysts plainly believe MaxLinear is more favorable than Canadian Solar.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
MaxLinear
0 Sell rating(s)
7 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.30
Canadian Solar
2 Sell rating(s)
4 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.20

Canadian Solar has higher revenue and earnings than MaxLinear. MaxLinear is trading at a lower price-to-earnings ratio than Canadian Solar, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
MaxLinear$448.14M2.49-$73.15M-$1.89-7.10
Canadian Solar$6.51B0.16$274.19M$2.885.50

MaxLinear has a beta of 1.84, meaning that its stock price is 84% more volatile than the S&P 500. Comparatively, Canadian Solar has a beta of 1.31, meaning that its stock price is 31% more volatile than the S&P 500.

90.8% of MaxLinear shares are owned by institutional investors. Comparatively, 52.4% of Canadian Solar shares are owned by institutional investors. 8.6% of MaxLinear shares are owned by company insiders. Comparatively, 21.5% of Canadian Solar 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

Canadian Solar beats MaxLinear on 10 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

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

MetricCanadian SolarSemiconductors & related devices IndustryEnergy SectorNASDAQ Exchange
Market Cap$1.05B$56.23B$8.66B$8.45B
Dividend YieldN/A2.26%12.04%4.06%
P/E Ratio5.5026.8216.0118.69
Price / Sales0.1638.34103.8272.92
Price / Cash1.6425.0811.0033.61
Price / Book0.286.883.804.56
Net Income$274.19M$929.52M$958.01M$225.27M
7 Day Performance-2.04%-0.36%2.94%2.50%
1 Month Performance26.62%12.49%7.44%12.52%
1 Year Performance-26.46%8.60%340.09%21.34%

Canadian Solar Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CSIQ
Canadian Solar
4.2225 of 5 stars
$15.84
+5.4%
$23.33
+47.3%
-27.6%$1.05B$6.51B5.5022,234Analyst Revision
Gap Up
MXL
MaxLinear
3.6142 of 5 stars
$12.73
-12.1%
$23.44
+84.2%
-38.4%$1.06B$448.14M-6.741,328Analyst Downgrade
Gap Down
High Trading Volume
XPER
Xperi
3.1133 of 5 stars
$9.01
-2.5%
$19.00
+110.9%
-4.8%$412.75M$521.33M-3.312,100Gap Up
AMBA
Ambarella
3.7084 of 5 stars
$54.22
-3.9%
$75.00
+38.3%
+6.7%$2.22B$220.41M-12.73900Insider Selling
ALGM
Allegro MicroSystems
2.7746 of 5 stars
$22.04
-5.4%
$34.44
+56.3%
-30.6%$4.27B$937.99M28.264,040News Coverage
LITE
Lumentum
3.5187 of 5 stars
$61.49
-3.0%
$59.08
-3.9%
+59.7%$4.16B$1.36B-11.717,257Analyst Forecast
News Coverage
Gap Up
LPL
LG Display
1.0078 of 5 stars
$4.01
-1.0%
N/A-15.8%$4.01B$24.14T-1.6566,418
SITM
SiTime
0.9077 of 5 stars
$168.25
-1.9%
$130.00
-22.7%
+57.3%$3.89B$143.99M-40.74380Insider Selling
News Coverage
Gap Up
KLIC
Kulicke and Soffa Industries
1.4111 of 5 stars
$43.87
-2.8%
$47.33
+7.9%
-5.6%$2.43B$727.23M-36.873,025Positive News
Gap Up
SIMO
Silicon Motion Technology
4.8119 of 5 stars
$59.57
-1.9%
$85.00
+42.7%
+15.4%$2.01B$639.14M33.851,546Analyst Forecast
Positive News
VIAV
Viavi Solutions
4.1602 of 5 stars
$8.96
-0.7%
$10.71
+19.5%
+5.2%$2.00B$1.00B-448.003,600Positive News

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This page (NASDAQ:CSIQ) was last updated on 10/5/2024 by MarketBeat.com Staff
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