WTS vs. ARW, MMYT, BILL, BZ, CGNX, RDDT, CIEN, S, WIX, and UI
Should you be buying Watts Water Technologies stock or one of its competitors? The main competitors of Watts Water Technologies include Arrow Electronics (ARW), MakeMyTrip (MMYT), BILL (BILL), Kanzhun (BZ), Cognex (CGNX), Reddit (RDDT), Ciena (CIEN), SentinelOne (S), Wix.com (WIX), and Ubiquiti (UI). These companies are all part of the "computer and technology" sector.
Arrow Electronics (NYSE:ARW) and Watts Water Technologies (NYSE:WTS) are both mid-cap computer and technology companies, but which is the better investment? We will contrast the two businesses based on the strength of their dividends, profitability, institutional ownership, earnings, media sentiment, valuation, community ranking, risk and analyst recommendations.
Arrow Electronics has a beta of 1.41, indicating that its share price is 41% more volatile than the S&P 500. Comparatively, Watts Water Technologies has a beta of 0.94, indicating that its share price is 6% less volatile than the S&P 500.
Arrow Electronics received 131 more outperform votes than Watts Water Technologies when rated by MarketBeat users. Likewise, 68.92% of users gave Arrow Electronics an outperform vote while only 57.01% of users gave Watts Water Technologies an outperform vote.
In the previous week, Watts Water Technologies had 1 more articles in the media than Arrow Electronics. MarketBeat recorded 7 mentions for Watts Water Technologies and 6 mentions for Arrow Electronics. Watts Water Technologies' average media sentiment score of 1.31 beat Arrow Electronics' score of 0.86 indicating that Arrow Electronics is being referred to more favorably in the media.
99.3% of Arrow Electronics shares are held by institutional investors. Comparatively, 95.0% of Watts Water Technologies shares are held by institutional investors. 0.6% of Arrow Electronics shares are held by company insiders. Comparatively, 1.1% of Watts Water Technologies shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Watts Water Technologies has a net margin of 12.75% compared to Watts Water Technologies' net margin of 2.73%. Arrow Electronics' return on equity of 19.38% beat Watts Water Technologies' return on equity.
Arrow Electronics currently has a consensus target price of $136.00, indicating a potential upside of 8.80%. Watts Water Technologies has a consensus target price of $191.20, indicating a potential downside of 7.46%. Given Watts Water Technologies' higher possible upside, research analysts clearly believe Arrow Electronics is more favorable than Watts Water Technologies.
Arrow Electronics has higher revenue and earnings than Watts Water Technologies. Arrow Electronics is trading at a lower price-to-earnings ratio than Watts Water Technologies, indicating that it is currently the more affordable of the two stocks.
Summary
Arrow Electronics beats Watts Water Technologies 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 WTS 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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