TME vs. PTC, NTAP, ASX, HPE, NOK, PINS, VOD, ENTG, WDC, and TYL
Should you be buying Tencent Music Entertainment Group stock or one of its competitors? The main competitors of Tencent Music Entertainment Group include PTC (PTC), NetApp (NTAP), ASE Technology (ASX), Hewlett Packard Enterprise (HPE), Nokia Oyj (NOK), Pinterest (PINS), Vodafone Group Public (VOD), Entegris (ENTG), Western Digital (WDC), and Tyler Technologies (TYL). These companies are all part of the "computer and technology" sector.
Tencent Music Entertainment Group (NYSE:TME) and PTC (NASDAQ:PTC) are both large-cap computer and technology companies, but which is the better investment? We will contrast the two businesses based on the strength of their earnings, profitability, valuation, analyst recommendations, media sentiment, community ranking, risk, institutional ownership and dividends.
24.3% of Tencent Music Entertainment Group shares are owned by institutional investors. Comparatively, 95.1% of PTC shares are owned by institutional investors. 1.2% of PTC shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Tencent Music Entertainment Group has higher revenue and earnings than PTC. Tencent Music Entertainment Group is trading at a lower price-to-earnings ratio than PTC, indicating that it is currently the more affordable of the two stocks.
PTC received 504 more outperform votes than Tencent Music Entertainment Group when rated by MarketBeat users. Likewise, 68.90% of users gave PTC an outperform vote while only 57.29% of users gave Tencent Music Entertainment Group an outperform vote.
In the previous week, PTC had 32 more articles in the media than Tencent Music Entertainment Group. MarketBeat recorded 40 mentions for PTC and 8 mentions for Tencent Music Entertainment Group. Tencent Music Entertainment Group's average media sentiment score of 1.28 beat PTC's score of 0.47 indicating that Tencent Music Entertainment Group is being referred to more favorably in the media.
Tencent Music Entertainment Group has a beta of 0.77, suggesting that its share price is 23% less volatile than the S&P 500. Comparatively, PTC has a beta of 1.19, suggesting that its share price is 19% more volatile than the S&P 500.
Tencent Music Entertainment Group has a net margin of 17.71% compared to PTC's net margin of 12.84%. PTC's return on equity of 13.76% beat Tencent Music Entertainment Group's return on equity.
Tencent Music Entertainment Group presently has a consensus price target of $11.63, suggesting a potential downside of 12.81%. PTC has a consensus price target of $200.64, suggesting a potential upside of 13.04%. Given PTC's higher probable upside, analysts plainly believe PTC is more favorable than Tencent Music Entertainment Group.
Summary
PTC beats Tencent Music Entertainment Group on 11 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding TME 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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