WTS vs. PSN, FRSH, SAIC, MKSI, NEWR, BZ, KT, ST, WK, and ONTO
Should you be buying Watts Water Technologies stock or one of its competitors? The main competitors of Watts Water Technologies include Parsons (PSN), Freshworks (FRSH), Science Applications International (SAIC), MKS Instruments (MKSI), New Relic (NEWR), Kanzhun (BZ), KT (KT), Sensata Technologies (ST), Workiva (WK), and Onto Innovation (ONTO). These companies are all part of the "computer and technology" sector.
Parsons (NYSE:PSN) and Watts Water Technologies (NYSE:WTS) are both mid-cap business services 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.
Parsons has a beta of 0.8, meaning that its share price is 20% less volatile than the S&P 500. Comparatively, Watts Water Technologies has a beta of 1.03, meaning that its share price is 3% more volatile than the S&P 500.
Parsons presently has a consensus target price of $54.11, indicating a potential downside of 0.15%. Watts Water Technologies has a consensus target price of $178.20, indicating a potential upside of 3.18%. Given Parsons' higher possible upside, analysts plainly believe Watts Water Technologies is more favorable than Parsons.
Watts Water Technologies has a net margin of 13.43% compared to Watts Water Technologies' net margin of 2.65%. Parsons' return on equity of 19.48% beat Watts Water Technologies' return on equity.
Watts Water Technologies received 206 more outperform votes than Parsons when rated by MarketBeat users. Likewise, 57.39% of users gave Watts Water Technologies an outperform vote while only 53.94% of users gave Parsons an outperform vote.
98.2% of Parsons shares are held by institutional investors. Comparatively, 75.1% of Watts Water Technologies shares are held by institutional investors. 0.9% of Parsons 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 endowments, large money managers and hedge funds believe a company is poised for long-term growth.
In the previous week, Parsons had 47 more articles in the media than Watts Water Technologies. MarketBeat recorded 49 mentions for Parsons and 2 mentions for Watts Water Technologies. Parsons' average media sentiment score of 1.00 beat Watts Water Technologies' score of 0.03 indicating that Watts Water Technologies is being referred to more favorably in the news media.
Watts Water Technologies has lower revenue, but higher earnings than Parsons. Watts Water Technologies is trading at a lower price-to-earnings ratio than Parsons, indicating that it is currently the more affordable of the two stocks.
Summary
Watts Water Technologies beats Parsons 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 WTS 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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