WOLF vs. ALGM, QRVO, AMKR, CRUS, IPGP, SLAB, MTSI, POWI, RMBS, and TSEM
Should you be buying Wolfspeed stock or one of its competitors? The main competitors of Wolfspeed include Allegro MicroSystems (ALGM), Qorvo (QRVO), Amkor Technology (AMKR), Cirrus Logic (CRUS), IPG Photonics (IPGP), Silicon Laboratories (SLAB), MACOM Technology Solutions (MTSI), Power Integrations (POWI), Rambus (RMBS), and Tower Semiconductor (TSEM). These companies are all part of the "semiconductors & related devices" industry.
Wolfspeed vs.
Allegro MicroSystems (NASDAQ:ALGM) and Wolfspeed (NYSE:WOLF) are both mid-cap computer and technology companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, community ranking, profitability, earnings, dividends, media sentiment, valuation, risk and institutional ownership.
Allegro MicroSystems presently has a consensus target price of $48.00, indicating a potential upside of 3.14%. Wolfspeed has a consensus target price of $100.94, indicating a potential upside of 59.09%. Given Wolfspeed's higher possible upside, analysts plainly believe Wolfspeed is more favorable than Allegro MicroSystems.
Allegro MicroSystems received 23 more outperform votes than Wolfspeed when rated by MarketBeat users. Likewise, 64.52% of users gave Allegro MicroSystems an outperform vote while only 36.17% of users gave Wolfspeed an outperform vote.
Allegro MicroSystems has a beta of 1.71, meaning that its share price is 71% more volatile than the S&P 500. Comparatively, Wolfspeed has a beta of 1.55, meaning that its share price is 55% more volatile than the S&P 500.
Allegro MicroSystems has a net margin of 16.69% compared to Wolfspeed's net margin of -18.90%. Allegro MicroSystems' return on equity of 19.55% beat Wolfspeed's return on equity.
Allegro MicroSystems has higher earnings, but lower revenue than Wolfspeed. Wolfspeed is trading at a lower price-to-earnings ratio than Allegro MicroSystems, indicating that it is currently the more affordable of the two stocks.
In the previous week, Allegro MicroSystems had 9 more articles in the media than Wolfspeed. MarketBeat recorded 12 mentions for Allegro MicroSystems and 3 mentions for Wolfspeed. Allegro MicroSystems' average media sentiment score of 0.79 beat Wolfspeed's score of 0.47 indicating that Allegro MicroSystems is being referred to more favorably in the media.
46.9% of Allegro MicroSystems shares are held by institutional investors. 13.6% of Allegro MicroSystems shares are held by company insiders. Comparatively, 0.6% of Wolfspeed shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
Summary
Allegro MicroSystems beats Wolfspeed on 15 of the 18 factors compared between the two stocks.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding WOLF and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
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.
Wolfspeed Competitors List
