SHLS vs. FORM, POWI, TSEM, SLAB, IPGP, SYNA, DIOD, WOLF, CRDO, and SITM
Should you be buying Shoals Technologies Group stock or one of its competitors? The main competitors of Shoals Technologies Group 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.
FormFactor (NASDAQ:FORM) and Shoals Technologies Group (NASDAQ:SHLS) are both computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their risk, media sentiment, community ranking, valuation, earnings, dividends, institutional ownership, profitability and analyst recommendations.
FormFactor has higher revenue and earnings than Shoals Technologies Group. FormFactor is trading at a lower price-to-earnings ratio than Shoals Technologies Group, indicating that it is currently the more affordable of the two stocks.
FormFactor presently has a consensus price target of $48.40, indicating a potential downside of 11.55%. Shoals Technologies Group has a consensus price target of $17.29, indicating a potential upside of 119.75%. Given FormFactor's stronger consensus rating and higher possible upside, analysts clearly believe Shoals Technologies Group is more favorable than FormFactor.
98.8% of FormFactor shares are owned by institutional investors. 1.0% of FormFactor shares are owned by company insiders. Comparatively, 1.7% of Shoals Technologies Group shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
FormFactor received 394 more outperform votes than Shoals Technologies Group when rated by MarketBeat users. Likewise, 68.95% of users gave FormFactor an outperform vote while only 47.30% of users gave Shoals Technologies Group an outperform vote.
FormFactor has a net margin of 15.48% compared to FormFactor's net margin of 6.42%. FormFactor's return on equity of 13.95% beat Shoals Technologies Group's return on equity.
In the previous week, FormFactor had 4 more articles in the media than Shoals Technologies Group. MarketBeat recorded 11 mentions for FormFactor and 7 mentions for Shoals Technologies Group. FormFactor's average media sentiment score of 0.96 beat Shoals Technologies Group's score of 0.32 indicating that Shoals Technologies Group is being referred to more favorably in the news media.
FormFactor has a beta of 1.15, indicating that its share price is 15% more volatile than the S&P 500. Comparatively, Shoals Technologies Group has a beta of 1.86, indicating that its share price is 86% more volatile than the S&P 500.
Summary
FormFactor and Shoals Technologies Group tied by winning 9 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SHLS 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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