GEV vs. ABBNY, OTIS, RRX, CAE, BE, NOVT, XCH, ATKR, QS, and FLNC
Should you be buying GE Vernova stock or one of its competitors? The main competitors of GE Vernova include ABB (ABBNY), Otis Worldwide (OTIS), Regal Rexnord (RRX), CAE (CAE), Bloom Energy (BE), Novanta (NOVT), XCHG (XCH), Atkore (ATKR), QuantumScape (QS), and Fluence Energy (FLNC). These companies are all part of the "electrical equipment" industry.
GE Vernova vs.
ABB (NYSE:ABBNY) and GE Vernova (NYSE:GEV) are both large-cap industrial products companies, but which is the better business? We will contrast the two companies based on the strength of their dividends, valuation, analyst recommendations, media sentiment, institutional ownership, risk, profitability, community ranking and earnings.
GE Vernova has a consensus price target of $339.73, suggesting a potential downside of 18.97%. Given GE Vernova's stronger consensus rating and higher possible upside, analysts plainly believe GE Vernova is more favorable than ABB.
In the previous week, GE Vernova had 106 more articles in the media than ABB. MarketBeat recorded 108 mentions for GE Vernova and 2 mentions for ABB. GE Vernova's average media sentiment score of 0.80 beat ABB's score of 0.68 indicating that GE Vernova is being referred to more favorably in the news media.
ABB pays an annual dividend of $0.58 per share and has a dividend yield of 1.0%. GE Vernova pays an annual dividend of $1.00 per share and has a dividend yield of 0.2%. ABB pays out 27.8% of its earnings in the form of a dividend. GE Vernova pays out 18.0% 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.
ABB has a net margin of 11.90% compared to GE Vernova's net margin of 4.44%. ABB's return on equity of 27.58% beat GE Vernova's return on equity.
1.1% of ABB shares are owned by institutional investors. 4.9% of ABB shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
ABB received 613 more outperform votes than GE Vernova when rated by MarketBeat users. However, 85.11% of users gave GE Vernova an outperform vote while only 62.60% of users gave ABB an outperform vote.
ABB has higher earnings, but lower revenue than GE Vernova. ABB is trading at a lower price-to-earnings ratio than GE Vernova, indicating that it is currently the more affordable of the two stocks.
Summary
GE Vernova beats ABB on 11 of the 20 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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.
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This page (NYSE:GEV) was last updated on 1/26/2025 by MarketBeat.com Staff
