CRDO vs. SWKS, LSCC, ALAB, QRVO, AMKR, MTSI, CRUS, RMBS, ALGM, and POWI
Should you be buying Credo Technology Group stock or one of its competitors? The main competitors of Credo Technology Group include Skyworks Solutions (SWKS), Lattice Semiconductor (LSCC), Astera Labs (ALAB), Qorvo (QRVO), Amkor Technology (AMKR), MACOM Technology Solutions (MTSI), Cirrus Logic (CRUS), Rambus (RMBS), Allegro MicroSystems (ALGM), and Power Integrations (POWI). These companies are all part of the "semiconductors & related devices" industry.
Skyworks Solutions (NASDAQ:SWKS) and Credo Technology Group (NASDAQ:CRDO) are both computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their dividends, community ranking, risk, analyst recommendations, media sentiment, earnings, valuation, profitability and institutional ownership.
Skyworks Solutions currently has a consensus target price of $106.25, suggesting a potential upside of 14.67%. Credo Technology Group has a consensus target price of $26.88, suggesting a potential upside of 3.09%. Given Credo Technology Group's higher possible upside, equities research analysts clearly believe Skyworks Solutions is more favorable than Credo Technology Group.
In the previous week, Credo Technology Group had 9 more articles in the media than Skyworks Solutions. MarketBeat recorded 20 mentions for Credo Technology Group and 11 mentions for Skyworks Solutions. Credo Technology Group's average media sentiment score of 1.11 beat Skyworks Solutions' score of 0.69 indicating that Skyworks Solutions is being referred to more favorably in the media.
Skyworks Solutions received 1682 more outperform votes than Credo Technology Group when rated by MarketBeat users. Likewise, 77.73% of users gave Skyworks Solutions an outperform vote while only 55.17% of users gave Credo Technology Group an outperform vote.
Skyworks Solutions has a net margin of 18.85% compared to Skyworks Solutions' net margin of -14.70%. Credo Technology Group's return on equity of 17.00% beat Skyworks Solutions' return on equity.
Skyworks Solutions has higher revenue and earnings than Credo Technology Group. Credo Technology Group is trading at a lower price-to-earnings ratio than Skyworks Solutions, indicating that it is currently the more affordable of the two stocks.
Skyworks Solutions has a beta of 1.35, meaning that its share price is 35% more volatile than the S&P 500. Comparatively, Credo Technology Group has a beta of 2.03, meaning that its share price is 103% more volatile than the S&P 500.
85.4% of Skyworks Solutions shares are owned by institutional investors. Comparatively, 80.5% of Credo Technology Group shares are owned by institutional investors. 0.3% of Skyworks Solutions shares are owned by insiders. Comparatively, 23.9% of Credo Technology Group shares are owned 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.
Summary
Skyworks Solutions beats Credo Technology Group 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 CRDO 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 NASDAQ 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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