WOLF vs. DRS, ALGM, CRDO, PI, LPL, SITM, NSSC, ICHR, INDI, and SHLS
Should you be buying Wolfspeed stock or one of its competitors? The main competitors of Wolfspeed include Leonardo DRS (DRS), Allegro MicroSystems (ALGM), Credo Technology Group (CRDO), Impinj (PI), LG Display (LPL), SiTime (SITM), Napco Security Technologies (NSSC), Ichor (ICHR), indie Semiconductor (INDI), and Shoals Technologies Group (SHLS). These companies are all part of the "electronic equipment" industry.
Wolfspeed (NYSE:WOLF) and Leonardo DRS (NASDAQ:DRS) are both mid-cap computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, valuation, community ranking, analyst recommendations, media sentiment, profitability, earnings, dividends and risk.
18.8% of Leonardo DRS shares are owned by institutional investors. 0.6% of Wolfspeed shares are owned by insiders. Comparatively, 0.1% of Leonardo DRS shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
In the previous week, Wolfspeed had 8 more articles in the media than Leonardo DRS. MarketBeat recorded 18 mentions for Wolfspeed and 10 mentions for Leonardo DRS. Leonardo DRS's average media sentiment score of 0.81 beat Wolfspeed's score of 0.34 indicating that Leonardo DRS is being referred to more favorably in the news media.
Wolfspeed has a beta of 1.6, indicating that its stock price is 60% more volatile than the S&P 500. Comparatively, Leonardo DRS has a beta of 0.89, indicating that its stock price is 11% less volatile than the S&P 500.
Wolfspeed presently has a consensus target price of $35.43, indicating a potential upside of 84.52%. Leonardo DRS has a consensus target price of $27.20, indicating a potential downside of 4.23%. Given Wolfspeed's higher probable upside, research analysts clearly believe Wolfspeed is more favorable than Leonardo DRS.
Leonardo DRS has a net margin of 6.28% compared to Wolfspeed's net margin of -96.12%. Leonardo DRS's return on equity of 9.35% beat Wolfspeed's return on equity.
Wolfspeed received 16 more outperform votes than Leonardo DRS when rated by MarketBeat users. However, 82.35% of users gave Leonardo DRS an outperform vote while only 30.30% of users gave Wolfspeed an outperform vote.
Leonardo DRS has higher revenue and earnings than Wolfspeed. Wolfspeed is trading at a lower price-to-earnings ratio than Leonardo DRS, indicating that it is currently the more affordable of the two stocks.
Summary
Leonardo DRS beats Wolfspeed on 12 of the 18 factors compared between the two stocks.
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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.
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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