DOV vs. AXON, TS, HUBB, BALL, IEX, XYL, AVY, ROK, PKG, and CNHI
Should you be buying Dover stock or one of its competitors? The main competitors of Dover include Axon Enterprise (AXON), Tenaris (TS), Hubbell (HUBB), Ball (BALL), IDEX (IEX), Xylem (XYL), Avery Dennison (AVY), Rockwell Automation (ROK), Packaging Co. of America (PKG), and CNH Industrial (CNHI). 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 superior stock? We will contrast the two businesses based on the strength of their media sentiment, community ranking, risk, analyst recommendations, dividends, profitability, valuation, institutional ownership and earnings.
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.
Dover has a beta of 1.27, indicating that its share price is 27% more volatile than the S&P 500. Comparatively, Axon Enterprise has a beta of 0.93, indicating that its share price is 7% less volatile than the S&P 500.
In the previous week, Dover had 24 more articles in the media than Axon Enterprise. MarketBeat recorded 32 mentions for Dover and 8 mentions for Axon Enterprise. Axon Enterprise's average media sentiment score of 0.96 beat Dover's score of -0.11 indicating that Axon Enterprise is being referred to more favorably in the news media.
Dover presently has a consensus target price of $168.70, indicating a potential downside of 4.81%. Axon Enterprise has a consensus target price of $301.73, indicating a potential downside of 3.56%. Given Axon Enterprise's stronger consensus rating and higher probable upside, analysts clearly believe Axon Enterprise is more favorable than Dover.
Dover has a net margin of 12.52% compared to Axon Enterprise's net margin of 11.14%. Dover's return on equity of 25.95% beat Axon Enterprise's return on equity.
Dover received 302 more outperform votes than Axon Enterprise when rated by MarketBeat users. However, 63.72% of users gave Axon Enterprise an outperform vote while only 61.56% of users gave Dover an outperform vote.
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, 6.1% of Axon Enterprise shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Summary
Dover beats Axon Enterprise on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding DOV 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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