BIO vs. WAT, ILMN, BIO.B, RVTY, TXG, OLK, AVTR, EHC, PEN, and ASND
Should you be buying Bio-Rad Laboratories stock or one of its competitors? The main competitors of Bio-Rad Laboratories include Waters (WAT), Illumina (ILMN), Bio-Rad Laboratories (BIO.B), Revvity (RVTY), 10x Genomics (TXG), Olink Holding AB (publ) (OLK), Avantor (AVTR), Encompass Health (EHC), Penumbra (PEN), and Ascendis Pharma A/S (ASND). These companies are all part of the "medical" sector.
Bio-Rad Laboratories (NYSE:BIO) and Waters (NYSE:WAT) are both medical companies, but which is the superior stock? We will compare the two businesses based on the strength of their community ranking, media sentiment, earnings, analyst recommendations, institutional ownership, dividends, risk, valuation and profitability.
Waters has higher revenue and earnings than Bio-Rad Laboratories. Bio-Rad Laboratories is trading at a lower price-to-earnings ratio than Waters, indicating that it is currently the more affordable of the two stocks.
Waters received 69 more outperform votes than Bio-Rad Laboratories when rated by MarketBeat users. However, 64.86% of users gave Bio-Rad Laboratories an outperform vote while only 54.58% of users gave Waters an outperform vote.
Bio-Rad Laboratories presently has a consensus price target of $468.00, indicating a potential upside of 68.32%. Waters has a consensus price target of $298.67, indicating a potential downside of 3.73%. Given Bio-Rad Laboratories' stronger consensus rating and higher probable upside, equities research analysts clearly believe Bio-Rad Laboratories is more favorable than Waters.
Bio-Rad Laboratories has a beta of 0.87, indicating that its stock price is 13% less volatile than the S&P 500. Comparatively, Waters has a beta of 0.92, indicating that its stock price is 8% less volatile than the S&P 500.
65.2% of Bio-Rad Laboratories shares are held by institutional investors. Comparatively, 94.0% of Waters shares are held by institutional investors. 17.5% of Bio-Rad Laboratories shares are held by insiders. Comparatively, 0.8% of Waters shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Waters has a net margin of 21.72% compared to Bio-Rad Laboratories' net margin of -23.86%. Waters' return on equity of 81.30% beat Bio-Rad Laboratories' return on equity.
In the previous week, Waters had 29 more articles in the media than Bio-Rad Laboratories. MarketBeat recorded 39 mentions for Waters and 10 mentions for Bio-Rad Laboratories. Bio-Rad Laboratories' average media sentiment score of 0.30 beat Waters' score of 0.18 indicating that Bio-Rad Laboratories is being referred to more favorably in the media.
Summary
Waters beats Bio-Rad Laboratories on 12 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding BIO 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 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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