ASGN vs. NVMI, BILI, CLVT, CRUS, VERX, SQSP, VRNS, HCP, STNE, and WK
Should you be buying ASGN stock or one of its competitors? The main competitors of ASGN include Nova (NVMI), Bilibili (BILI), Clarivate (CLVT), Cirrus Logic (CRUS), Vertex (VERX), Squarespace (SQSP), Varonis Systems (VRNS), HashiCorp (HCP), StoneCo (STNE), and Workiva (WK). These companies are all part of the "computer and technology" sector.
ASGN (NYSE:ASGN) and Nova (NASDAQ:NVMI) are both mid-cap computer and technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, community ranking, dividends, earnings, analyst recommendations, profitability, media sentiment, institutional ownership and risk.
ASGN presently has a consensus target price of $96.67, indicating a potential downside of 0.86%. Nova has a consensus target price of $198.50, indicating a potential upside of 13.86%. Given Nova's stronger consensus rating and higher possible upside, analysts plainly believe Nova is more favorable than ASGN.
In the previous week, ASGN had 26 more articles in the media than Nova. MarketBeat recorded 30 mentions for ASGN and 4 mentions for Nova. Nova's average media sentiment score of 1.21 beat ASGN's score of 0.15 indicating that Nova is being referred to more favorably in the news media.
ASGN has higher revenue and earnings than Nova. ASGN is trading at a lower price-to-earnings ratio than Nova, indicating that it is currently the more affordable of the two stocks.
Nova has a net margin of 26.32% compared to ASGN's net margin of 4.76%. Nova's return on equity of 20.55% beat ASGN's return on equity.
ASGN has a beta of 1.5, indicating that its share price is 50% more volatile than the S&P 500. Comparatively, Nova has a beta of 1.41, indicating that its share price is 41% more volatile than the S&P 500.
95.4% of ASGN shares are owned by institutional investors. Comparatively, 83.0% of Nova shares are owned by institutional investors. 3.4% of ASGN shares are owned by insiders. Comparatively, 1.0% of Nova shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
ASGN received 87 more outperform votes than Nova when rated by MarketBeat users. However, 74.41% of users gave Nova an outperform vote while only 73.27% of users gave ASGN an outperform vote.
Summary
ASGN and Nova tied by winning 9 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ASGN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis 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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