HXGBY vs. CODAF, IIVIP, GGRGF, FLXT, JELLF, KRKNF, LSRCY, LSRCF, MINDP, and MYDX
Should you be buying Hexagon AB (publ) stock or one of its competitors? The main competitors of Hexagon AB (publ) include Codan (CODAF), Coherent (IIVIP), Exail Technologies (GGRGF), Flexpoint Sensor Systems (FLXT), JEOL (JELLF), Kraken Robotics (KRKNF), Lasertec (LSRCY), Lasertec (LSRCF), MIND Technology (MINDP), and MyDx (MYDX). These companies are all part of the "scientific & technical instruments" industry.
Hexagon AB (publ) vs.
Codan (OTCMKTS:CODAF) and Hexagon AB (publ) (OTCMKTS:HXGBY) are both computer and technology companies, but which is the better stock? We will contrast the two companies based on the strength of their community ranking, valuation, institutional ownership, risk, earnings, analyst recommendations, dividends, media sentiment and profitability.
Codan pays an annual dividend of C$0.09 per share and has a dividend yield of 1.8%. Hexagon AB (publ) pays an annual dividend of $0.09 per share and has a dividend yield of 0.8%. Codan pays out 163.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Hexagon AB (publ) pays out 8.6% of its earnings in the form of a dividend.
Hexagon AB (publ) received 67 more outperform votes than Codan when rated by MarketBeat users. Likewise, 50.76% of users gave Hexagon AB (publ) an outperform vote while only 0.00% of users gave Codan an outperform vote.
Codan currently has a consensus target price of C$4.45, suggesting a potential downside of 3.66%. Hexagon AB (publ) has a consensus target price of $108.60, suggesting a potential upside of 817.60%. Given Hexagon AB (publ)'s higher probable upside, analysts clearly believe Hexagon AB (publ) is more favorable than Codan.
Hexagon AB (publ) is trading at a lower price-to-earnings ratio than Codan, indicating that it is currently the more affordable of the two stocks.
In the previous week, Codan's average media sentiment score of 0.00 equaled Hexagon AB (publ)'s average media sentiment score.
4.7% of Codan shares are owned by institutional investors. Comparatively, 0.0% of Hexagon AB (publ) shares are owned by institutional investors. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Summary
Hexagon AB (publ) beats Codan on 5 of the 9 factors compared between the two stocks.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding HXGBY and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartMedia Sentiment Over Time
This chart shows the average media sentiment of OTCMKTS 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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HXGBY vs. The Competition
Hexagon AB (publ) Competitors List
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