GLW vs. GFS, MTD, GRMN, KEYS, SPLK, ZS, HPQ, WIT, MDB, and GIB
Should you be buying Corning stock or one of its competitors? The main competitors of Corning include GLOBALFOUNDRIES (GFS), Mettler-Toledo International (MTD), Garmin (GRMN), Keysight Technologies (KEYS), Splunk (SPLK), Zscaler (ZS), HP (HPQ), Wipro (WIT), MongoDB (MDB), and CGI (GIB). These companies are all part of the "computer and technology" sector.
GLOBALFOUNDRIES (NASDAQ:GFS) and Corning (NYSE:GLW) are both large-cap computer and technology companies, but which is the better investment? We will compare the two businesses based on the strength of their earnings, risk, community ranking, media sentiment, analyst recommendations, institutional ownership, dividends, valuation and profitability.
GLOBALFOUNDRIES has a net margin of 13.80% compared to GLOBALFOUNDRIES's net margin of 4.62%. GLOBALFOUNDRIES's return on equity of 12.31% beat Corning's return on equity.
GLOBALFOUNDRIES currently has a consensus target price of $64.50, indicating a potential upside of 23.42%. Corning has a consensus target price of $32.88, indicating a potential downside of 0.08%. Given Corning's stronger consensus rating and higher probable upside, equities analysts clearly believe GLOBALFOUNDRIES is more favorable than Corning.
GLOBALFOUNDRIES has higher earnings, but lower revenue than Corning. GLOBALFOUNDRIES is trading at a lower price-to-earnings ratio than Corning, indicating that it is currently the more affordable of the two stocks.
69.8% of Corning shares are owned by institutional investors. 0.4% of Corning shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Corning received 849 more outperform votes than GLOBALFOUNDRIES when rated by MarketBeat users. Likewise, 64.43% of users gave Corning an outperform vote while only 51.16% of users gave GLOBALFOUNDRIES an outperform vote.
GLOBALFOUNDRIES has a beta of 1.65, meaning that its share price is 65% more volatile than the S&P 500. Comparatively, Corning has a beta of 1.08, meaning that its share price is 8% more volatile than the S&P 500.
In the previous week, Corning had 15 more articles in the media than GLOBALFOUNDRIES. MarketBeat recorded 18 mentions for Corning and 3 mentions for GLOBALFOUNDRIES. Corning's average media sentiment score of 0.91 beat GLOBALFOUNDRIES's score of 0.16 indicating that GLOBALFOUNDRIES is being referred to more favorably in the media.
Summary
GLOBALFOUNDRIES beats Corning 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 GLW 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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