GRMN vs. UEIC, NOC, LHX, TDY, NXT, DRS, NN, LUNR, IPAX, and CODA
Should you be buying Garmin stock or one of its competitors? The main competitors of Garmin include Universal Electronics (UEIC), Northrop Grumman (NOC), L3Harris Technologies (LHX), Teledyne Technologies (TDY), Nextracker (NXT), Leonardo DRS (DRS), NextNav (NN), Intuitive Machines (LUNR), Inflection Point Acquisition (IPAX), and Coda Octopus Group (CODA).
Garmin (NYSE:GRMN) and Universal Electronics (NASDAQ:UEIC) are both computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their community ranking, valuation, earnings, dividends, institutional ownership, profitability, analyst recommendations, risk and media sentiment.
73.4% of Garmin shares are owned by institutional investors. Comparatively, 79.4% of Universal Electronics shares are owned by institutional investors. 19.5% of Garmin shares are owned by insiders. Comparatively, 9.4% of Universal Electronics shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Garmin received 121 more outperform votes than Universal Electronics when rated by MarketBeat users. However, 57.04% of users gave Universal Electronics an outperform vote while only 52.17% of users gave Garmin an outperform vote.
Garmin has higher revenue and earnings than Universal Electronics. Universal Electronics is trading at a lower price-to-earnings ratio than Garmin, indicating that it is currently the more affordable of the two stocks.
In the previous week, Garmin had 12 more articles in the media than Universal Electronics. MarketBeat recorded 12 mentions for Garmin and 0 mentions for Universal Electronics. Garmin's average media sentiment score of 0.78 beat Universal Electronics' score of 0.00 indicating that Garmin is being referred to more favorably in the media.
Garmin has a beta of 0.98, indicating that its share price is 2% less volatile than the S&P 500. Comparatively, Universal Electronics has a beta of 1.13, indicating that its share price is 13% more volatile than the S&P 500.
Garmin has a net margin of 24.96% compared to Universal Electronics' net margin of -11.27%. Garmin's return on equity of 17.26% beat Universal Electronics' return on equity.
Garmin currently has a consensus price target of $156.83, suggesting a potential downside of 3.94%. Universal Electronics has a consensus price target of $13.00, suggesting a potential upside of 10.92%. Given Universal Electronics' higher probable upside, analysts clearly believe Universal Electronics is more favorable than Garmin.
Summary
Garmin beats Universal Electronics on 14 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding GRMN 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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