MEI vs. SKYT, LILM, SRI, CLFD, YRD, DAKT, RBBN, VPG, NTGR, and BAND
Should you be buying Methode Electronics stock or one of its competitors? The main competitors of Methode Electronics include SkyWater Technology (SKYT), Lilium (LILM), Stoneridge (SRI), Clearfield (CLFD), Yiren Digital (YRD), Daktronics (DAKT), Ribbon Communications (RBBN), Vishay Precision Group (VPG), NETGEAR (NTGR), and Bandwidth (BAND). These companies are all part of the "computer and technology" sector.
SkyWater Technology (NASDAQ:SKYT) and Methode Electronics (NYSE:MEI) are both small-cap computer and technology companies, but which is the better stock? We will compare the two businesses based on the strength of their valuation, earnings, community ranking, media sentiment, profitability, analyst recommendations, risk, institutional ownership and dividends.
Methode Electronics has a net margin of -5.09% compared to Methode Electronics' net margin of -10.73%. SkyWater Technology's return on equity of 0.07% beat Methode Electronics' return on equity.
SkyWater Technology presently has a consensus target price of $14.67, suggesting a potential upside of 69.95%. Methode Electronics has a consensus target price of $18.67, suggesting a potential upside of 64.90%. Given Methode Electronics' stronger consensus rating and higher possible upside, research analysts clearly believe SkyWater Technology is more favorable than Methode Electronics.
In the previous week, SkyWater Technology had 1 more articles in the media than Methode Electronics. MarketBeat recorded 3 mentions for SkyWater Technology and 2 mentions for Methode Electronics. Methode Electronics' average media sentiment score of 0.50 beat SkyWater Technology's score of 0.00 indicating that SkyWater Technology is being referred to more favorably in the media.
Methode Electronics received 471 more outperform votes than SkyWater Technology when rated by MarketBeat users. Likewise, 62.71% of users gave Methode Electronics an outperform vote while only 54.05% of users gave SkyWater Technology an outperform vote.
SkyWater Technology has a beta of 4.28, suggesting that its stock price is 328% more volatile than the S&P 500. Comparatively, Methode Electronics has a beta of 0.86, suggesting that its stock price is 14% less volatile than the S&P 500.
Methode Electronics has higher revenue and earnings than SkyWater Technology. SkyWater Technology is trading at a lower price-to-earnings ratio than Methode Electronics, indicating that it is currently the more affordable of the two stocks.
70.0% of SkyWater Technology shares are owned by institutional investors. Comparatively, 95.5% of Methode Electronics shares are owned by institutional investors. 50.3% of SkyWater Technology shares are owned by company insiders. Comparatively, 4.8% of Methode Electronics shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Summary
SkyWater Technology and Methode Electronics tied by winning 9 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding MEI 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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