GE vs. HON, MMM, DHR, IEP, CSL, ITT, IAC, FSS, VGR, and GFF
Should you be buying General Electric stock or one of its competitors? The main competitors of General Electric include Honeywell International (HON), 3M (MMM), Danaher (DHR), Icahn Enterprises (IEP), Carlisle Companies (CSL), ITT (ITT), IAC (IAC), Federal Signal (FSS), Vector Group (VGR), and Griffon (GFF). These companies are all part of the "multi-sector conglomerates" sector.
General Electric vs.
General Electric (NYSE:GE) and Honeywell International (NASDAQ:HON) are both large-cap multi-sector conglomerates companies, but which is the superior business? We will compare the two companies based on the strength of their dividends, risk, analyst recommendations, profitability, earnings, community ranking, media sentiment, institutional ownership and valuation.
General Electric pays an annual dividend of $0.32 per share and has a dividend yield of 0.4%. Honeywell International pays an annual dividend of $4.12 per share and has a dividend yield of 2.2%. General Electric pays out -1,066.7% of its earnings in the form of a dividend. Honeywell International pays out 56.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.
General Electric currently has a consensus price target of $93.14, indicating a potential upside of 3.58%. Honeywell International has a consensus price target of $214.88, indicating a potential upside of 13.16%. Given Honeywell International's higher possible upside, analysts clearly believe Honeywell International is more favorable than General Electric.
General Electric received 892 more outperform votes than Honeywell International when rated by MarketBeat users. However, 76.28% of users gave Honeywell International an outperform vote while only 75.87% of users gave General Electric an outperform vote.
Honeywell International has lower revenue, but higher earnings than General Electric. General Electric is trading at a lower price-to-earnings ratio than Honeywell International, indicating that it is currently the more affordable of the two stocks.
In the previous week, General Electric and General Electric both had 27 articles in the media. General Electric's average media sentiment score of 0.81 beat Honeywell International's score of 0.43 indicating that General Electric is being referred to more favorably in the media.
70.1% of General Electric shares are held by institutional investors. Comparatively, 74.3% of Honeywell International shares are held by institutional investors. 0.7% of General Electric shares are held by company insiders. Comparatively, 0.5% of Honeywell International shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Honeywell International has a net margin of 14.00% compared to General Electric's net margin of 0.29%. Honeywell International's return on equity of 32.89% beat General Electric's return on equity.
General Electric has a beta of 1.25, suggesting that its share price is 25% more volatile than the S&P 500. Comparatively, Honeywell International has a beta of 1.1, suggesting that its share price is 10% more volatile than the S&P 500.
Summary
Honeywell International beats General Electric on 11 of the 19 factors compared between the two stocks.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding GE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
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.
General Electric Competitors List
