HRS vs. GRMN, ASX, GIB, WDC, HPE, PINS, VOD, MDB, PTC, and MSTR
Should you be buying Harris stock or one of its competitors? The main competitors of Harris include Garmin (GRMN), ASE Technology (ASX), CGI (GIB), Western Digital (WDC), Hewlett Packard Enterprise (HPE), Pinterest (PINS), Vodafone Group Public (VOD), MongoDB (MDB), PTC (PTC), and MicroStrategy (MSTR). These companies are all part of the "computer and technology" sector.
Harris (NYSE:HRS) and Garmin (NYSE:GRMN) 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 institutional ownership, media sentiment, dividends, valuation, risk, community ranking, profitability, earnings and analyst recommendations.
In the previous week, Harris had 10 more articles in the media than Garmin. MarketBeat recorded 21 mentions for Harris and 11 mentions for Garmin. Garmin's average media sentiment score of 0.48 beat Harris' score of 0.00 indicating that Garmin is being referred to more favorably in the news media.
Garmin has a net margin of 24.67% compared to Harris' net margin of 13.60%. Harris' return on equity of 27.13% beat Garmin's return on equity.
Garmin has lower revenue, but higher earnings than Harris. Garmin is trading at a lower price-to-earnings ratio than Harris, indicating that it is currently the more affordable of the two stocks.
Harris pays an annual dividend of $2.74 per share and has a dividend yield of 1.3%. Garmin pays an annual dividend of $3.00 per share and has a dividend yield of 2.1%. Harris pays out 42.2% of its earnings in the form of a dividend. Garmin pays out 44.7% 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.
96.7% of Harris shares are owned by institutional investors. Comparatively, 73.4% of Garmin shares are owned by institutional investors. 2.5% of Harris shares are owned by company insiders. Comparatively, 19.9% of Garmin shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Harris received 66 more outperform votes than Garmin when rated by MarketBeat users. Likewise, 70.89% of users gave Harris an outperform vote while only 52.36% of users gave Garmin an outperform vote.
Garmin has a consensus target price of $142.33, suggesting a potential downside of 0.35%. Given Garmin's higher probable upside, analysts plainly believe Garmin is more favorable than Harris.
Harris has a beta of 0.98, suggesting that its share price is 2% less volatile than the S&P 500. Comparatively, Garmin has a beta of 0.98, suggesting that its share price is 2% less volatile than the S&P 500.
Summary
Garmin beats Harris 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 HRS 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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