MX vs. QUIK, WISA, ATOM, KOPN, VLN, AXTI, CAN, AIP, GSIT, and CNDB
Should you be buying Magnachip Semiconductor stock or one of its competitors? The main competitors of Magnachip Semiconductor include QuickLogic (QUIK), WiSA Technologies (WISA), Atomera (ATOM), Kopin (KOPN), Valens Semiconductor (VLN), AXT (AXTI), Canaan (CAN), Arteris (AIP), GSI Technology (GSIT), and Concord Acquisition Corp III (CNDB). These companies are all part of the "semiconductors & related devices" industry.
Magnachip Semiconductor (NYSE:MX) and QuickLogic (NASDAQ:QUIK) are both small-cap computer and technology companies, but which is the better investment? We will compare the two companies based on the strength of their earnings, media sentiment, profitability, valuation, institutional ownership, dividends, community ranking, risk and analyst recommendations.
Magnachip Semiconductor received 115 more outperform votes than QuickLogic when rated by MarketBeat users. Likewise, 56.95% of users gave Magnachip Semiconductor an outperform vote while only 55.78% of users gave QuickLogic an outperform vote.
In the previous week, Magnachip Semiconductor had 2 more articles in the media than QuickLogic. MarketBeat recorded 3 mentions for Magnachip Semiconductor and 1 mentions for QuickLogic. Magnachip Semiconductor's average media sentiment score of 0.97 beat QuickLogic's score of 0.70 indicating that Magnachip Semiconductor is being referred to more favorably in the media.
Magnachip Semiconductor has a beta of 0.78, suggesting that its stock price is 22% less volatile than the S&P 500. Comparatively, QuickLogic has a beta of 1.63, suggesting that its stock price is 63% more volatile than the S&P 500.
74.3% of Magnachip Semiconductor shares are held by institutional investors. Comparatively, 31.5% of QuickLogic shares are held by institutional investors. 4.5% of Magnachip Semiconductor shares are held by insiders. Comparatively, 2.5% of QuickLogic shares are held by 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.
Magnachip Semiconductor presently has a consensus target price of $10.00, suggesting a potential upside of 107.47%. QuickLogic has a consensus target price of $14.50, suggesting a potential upside of 23.83%. Given Magnachip Semiconductor's higher probable upside, equities research analysts plainly believe Magnachip Semiconductor is more favorable than QuickLogic.
QuickLogic has a net margin of -1.24% compared to Magnachip Semiconductor's net margin of -15.92%. QuickLogic's return on equity of -1.85% beat Magnachip Semiconductor's return on equity.
QuickLogic has lower revenue, but higher earnings than Magnachip Semiconductor. QuickLogic is trading at a lower price-to-earnings ratio than Magnachip Semiconductor, indicating that it is currently the more affordable of the two stocks.
Summary
Magnachip Semiconductor beats QuickLogic on 9 of the 16 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding MX 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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