ASGN vs. AVT, WK, CWAN, PI, FORM, ZI, CVLT, ALIT, VERX, and ITRI
Should you be buying ASGN stock or one of its competitors? The main competitors of ASGN include Avnet (AVT), Workiva (WK), Clearwater Analytics (CWAN), Impinj (PI), FormFactor (FORM), ZoomInfo Technologies (ZI), Commvault Systems (CVLT), Alight (ALIT), Vertex (VERX), and Itron (ITRI). These companies are all part of the "computer and technology" sector.
ASGN (NYSE:ASGN) and Avnet (NASDAQ:AVT) are both mid-cap computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, dividends, institutional ownership, earnings, analyst recommendations, risk, valuation, community ranking and media sentiment.
95.4% of ASGN shares are owned by institutional investors. Comparatively, 95.8% of Avnet shares are owned by institutional investors. 3.4% of ASGN shares are owned by insiders. Comparatively, 1.3% of Avnet shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Avnet has higher revenue and earnings than ASGN. Avnet is trading at a lower price-to-earnings ratio than ASGN, indicating that it is currently the more affordable of the two stocks.
In the previous week, Avnet had 25 more articles in the media than ASGN. MarketBeat recorded 27 mentions for Avnet and 2 mentions for ASGN. Avnet's average media sentiment score of 0.37 beat ASGN's score of -0.33 indicating that Avnet is being referred to more favorably in the news media.
ASGN received 520 more outperform votes than Avnet when rated by MarketBeat users. Likewise, 73.27% of users gave ASGN an outperform vote while only 22.50% of users gave Avnet an outperform vote.
ASGN has a beta of 1.51, indicating that its stock price is 51% more volatile than the S&P 500. Comparatively, Avnet has a beta of 1.21, indicating that its stock price is 21% more volatile than the S&P 500.
ASGN currently has a consensus price target of $96.67, suggesting a potential downside of 4.40%. Avnet has a consensus price target of $45.00, suggesting a potential downside of 15.62%. Given ASGN's stronger consensus rating and higher probable upside, equities analysts clearly believe ASGN is more favorable than Avnet.
ASGN has a net margin of 4.76% compared to Avnet's net margin of 2.31%. ASGN's return on equity of 14.90% beat Avnet's return on equity.
Summary
ASGN beats Avnet 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 ASGN 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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