Hexagon AB (publ) (HXGBY) Competitors

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.

Is CODAF or HXGBY a better dividend stock?

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.

Does the MarketBeat Community believe in CODAF or HXGBY?

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.

Company	Underperform	Outperform
Codan	Outperform Votes No Votes	Underperform Votes 1 100.00%
Hexagon AB (publ)	Outperform Votes 67 50.76%	Underperform Votes 65 49.24%

Do analysts prefer CODAF or HXGBY?

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.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Codan	0 Sell rating(s)	1 Hold rating(s)	0 Buy rating(s)	0 Strong Buy rating(s)	2.00
Hexagon AB (publ)	3 Sell rating(s)	2 Hold rating(s)	0 Buy rating(s)	0 Strong Buy rating(s)	1.40

Which has better valuation & earnings, CODAF or HXGBY?

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.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Codan	N/A	N/A	N/A	C$0.05	88.83
Hexagon AB (publ)	N/A	N/A	N/A	$1.05	11.26

Is CODAF or HXGBY more profitable?

Company	Net Margins	Return on Equity	Return on Assets
Codan	N/A	N/A	N/A
Hexagon AB (publ)	N/A	N/A	N/A

Does the media favor CODAF or HXGBY?

In the previous week, Codan's average media sentiment score of 0.00 equaled Hexagon AB (publ)'s average media sentiment score.

Company	Overall Sentiment
Codan	Neutral
Hexagon AB (publ)	Neutral

Do insiders and institutionals have more ownership in CODAF or HXGBY?

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.