NVMI vs. COHR, CAMT, CYBE, OPXS, MSAI, SMAP, IIVI, KLAC, ASX, and WDC
Should you be buying Nova stock or one of its competitors? The main competitors of Nova include Coherent (COHR), Camtek (CAMT), CyberOptics (CYBE), Optex Systems (OPXS), MultiSensor AI (MSAI), SportsMap Tech Acquisition (SMAP), II-VI (IIVI), KLA (KLAC), ASE Technology (ASX), and Western Digital (WDC).
Coherent (NYSE:COHR) and Nova (NASDAQ:NVMI) are both mid-cap business services companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, profitability, media sentiment, analyst recommendations, institutional ownership, risk, valuation, community ranking and dividends.
Nova has a net margin of 26.26% compared to Nova's net margin of -6.22%. Coherent's return on equity of 19.89% beat Nova's return on equity.
Coherent received 93 more outperform votes than Nova when rated by MarketBeat users. However, 74.41% of users gave Nova an outperform vote while only 62.70% of users gave Coherent an outperform vote.
83.3% of Coherent shares are held by institutional investors. Comparatively, 83.0% of Nova shares are held by institutional investors. 1.3% of Coherent shares are held by company insiders. Comparatively, 1.0% of Nova shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Coherent currently has a consensus price target of $56.36, suggesting a potential downside of 1.23%. Nova has a consensus price target of $221.25, suggesting a potential upside of 6.04%. Given Coherent's stronger consensus rating and higher probable upside, analysts clearly believe Nova is more favorable than Coherent.
In the previous week, Coherent and Coherent both had 5 articles in the media. Coherent's average media sentiment score of 1.46 beat Nova's score of 0.18 indicating that Nova is being referred to more favorably in the news media.
Coherent has a beta of 1.69, suggesting that its share price is 69% more volatile than the S&P 500. Comparatively, Nova has a beta of 1.4, suggesting that its share price is 40% more volatile than the S&P 500.
Nova has lower revenue, but higher earnings than Coherent. Coherent is trading at a lower price-to-earnings ratio than Nova, indicating that it is currently the more affordable of the two stocks.
Summary
Nova beats Coherent on 11 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NVMI 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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