DQ vs. FORM, POWI, TSEM, SLAB, IPGP, SYNA, DIOD, WOLF, CRDO, and SITM
Should you be buying Daqo New Energy stock or one of its competitors? The main competitors of Daqo New Energy include FormFactor (FORM), Power Integrations (POWI), Tower Semiconductor (TSEM), Silicon Laboratories (SLAB), IPG Photonics (IPGP), Synaptics (SYNA), Diodes (DIOD), Wolfspeed (WOLF), Credo Technology Group (CRDO), and SiTime (SITM). These companies are all part of the "semiconductors & related devices" industry.
Daqo New Energy (NYSE:DQ) and FormFactor (NASDAQ:FORM) are both basic materials companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, profitability, earnings, risk, media sentiment, valuation, community ranking, dividends and analyst recommendations.
Daqo New Energy has higher revenue and earnings than FormFactor. Daqo New Energy is trading at a lower price-to-earnings ratio than FormFactor, indicating that it is currently the more affordable of the two stocks.
FormFactor has a net margin of 15.48% compared to Daqo New Energy's net margin of 7.84%. Daqo New Energy's return on equity of 2.46% beat FormFactor's return on equity.
Daqo New Energy currently has a consensus target price of $27.63, indicating a potential upside of 22.67%. FormFactor has a consensus target price of $48.40, indicating a potential downside of 11.55%. Given Daqo New Energy's higher probable upside, equities analysts clearly believe Daqo New Energy is more favorable than FormFactor.
FormFactor received 115 more outperform votes than Daqo New Energy when rated by MarketBeat users. Likewise, 68.95% of users gave FormFactor an outperform vote while only 66.60% of users gave Daqo New Energy an outperform vote.
47.2% of Daqo New Energy shares are held by institutional investors. Comparatively, 98.8% of FormFactor shares are held by institutional investors. 24.3% of Daqo New Energy shares are held by insiders. Comparatively, 1.0% of FormFactor shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
In the previous week, FormFactor had 6 more articles in the media than Daqo New Energy. MarketBeat recorded 10 mentions for FormFactor and 4 mentions for Daqo New Energy. Daqo New Energy's average media sentiment score of 0.96 beat FormFactor's score of 0.35 indicating that Daqo New Energy is being referred to more favorably in the media.
Daqo New Energy has a beta of 0.35, meaning that its stock price is 65% less volatile than the S&P 500. Comparatively, FormFactor has a beta of 1.11, meaning that its stock price is 11% more volatile than the S&P 500.
Summary
FormFactor beats Daqo New Energy on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding DQ 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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