COHR vs. CGNX, BMI, ITRI, OSIS, MLAB, DAKT, VPG, FARO, NVMI, and CAMT
Should you be buying Coherent stock or one of its competitors? The main competitors of Coherent include Cognex (CGNX), Badger Meter (BMI), Itron (ITRI), OSI Systems (OSIS), Mesa Laboratories (MLAB), Daktronics (DAKT), Vishay Precision Group (VPG), FARO Technologies (FARO), Nova (NVMI), and Camtek (CAMT).
Cognex (NASDAQ:CGNX) and Coherent (NYSE:COHR) are both computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, risk, profitability, earnings, media sentiment, dividends, analyst recommendations, community ranking and valuation.
In the previous week, Coherent had 3 more articles in the media than Cognex. MarketBeat recorded 9 mentions for Coherent and 6 mentions for Cognex. Coherent's average media sentiment score of 1.48 beat Cognex's score of -0.24 indicating that Cognex is being referred to more favorably in the media.
Cognex presently has a consensus price target of $49.15, indicating a potential upside of 13.83%. Coherent has a consensus price target of $56.36, indicating a potential downside of 15.30%. Given Coherent's higher possible upside, research analysts plainly believe Cognex is more favorable than Coherent.
Cognex has higher earnings, but lower revenue than Coherent. Coherent is trading at a lower price-to-earnings ratio than Cognex, indicating that it is currently the more affordable of the two stocks.
88.1% of Cognex shares are held by institutional investors. Comparatively, 83.3% of Coherent shares are held by institutional investors. 1.3% of Cognex shares are held by insiders. Comparatively, 1.3% of Coherent shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Cognex has a net margin of 11.76% compared to Cognex's net margin of -6.22%. Coherent's return on equity of 6.81% beat Cognex's return on equity.
Cognex has a beta of 1.45, indicating that its stock price is 45% more volatile than the S&P 500. Comparatively, Coherent has a beta of 1.64, indicating that its stock price is 64% more volatile than the S&P 500.
Coherent received 26 more outperform votes than Cognex when rated by MarketBeat users. Likewise, 62.75% of users gave Coherent an outperform vote while only 60.57% of users gave Cognex an outperform vote.
Summary
Cognex beats Coherent on 11 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding COHR 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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