SEDG vs. CREE, IPGP, ALAB, LSCC, QRVO, AMKR, MTSI, CRUS, RMBS, and ALGM
Should you be buying SolarEdge Technologies stock or one of its competitors? The main competitors of SolarEdge Technologies include Cree (CREE), IPG Photonics (IPGP), Astera Labs (ALAB), Lattice Semiconductor (LSCC), Qorvo (QRVO), Amkor Technology (AMKR), MACOM Technology Solutions (MTSI), Cirrus Logic (CRUS), Rambus (RMBS), and Allegro MicroSystems (ALGM).
Cree (NASDAQ:CREE) and SolarEdge Technologies (NASDAQ:SEDG) are both mid-cap computer and technology companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, analyst recommendations, risk, earnings, media sentiment, dividends, valuation, profitability and community ranking.
Cree received 308 more outperform votes than SolarEdge Technologies when rated by MarketBeat users. Likewise, 64.96% of users gave Cree an outperform vote while only 63.32% of users gave SolarEdge Technologies an outperform vote.
SolarEdge Technologies has a consensus target price of $86.38, indicating a potential upside of 76.33%. Given Cree's higher probable upside, analysts plainly believe SolarEdge Technologies is more favorable than Cree.
In the previous week, SolarEdge Technologies had 5 more articles in the media than Cree. MarketBeat recorded 11 mentions for SolarEdge Technologies and 6 mentions for Cree. Cree's average media sentiment score of 0.94 beat SolarEdge Technologies' score of 0.29 indicating that SolarEdge Technologies is being referred to more favorably in the news media.
95.1% of SolarEdge Technologies shares are held by institutional investors. 0.4% of Cree shares are held by insiders. Comparatively, 0.7% of SolarEdge Technologies shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Cree has a beta of 1.44, suggesting that its stock price is 44% more volatile than the S&P 500. Comparatively, SolarEdge Technologies has a beta of 1.53, suggesting that its stock price is 53% more volatile than the S&P 500.
SolarEdge Technologies has higher revenue and earnings than Cree. Cree is trading at a lower price-to-earnings ratio than SolarEdge Technologies, indicating that it is currently the more affordable of the two stocks.
SolarEdge Technologies has a net margin of -11.68% compared to SolarEdge Technologies' net margin of -83.60%. Cree's return on equity of -6.43% beat SolarEdge Technologies' return on equity.
Summary
SolarEdge Technologies beats Cree on 12 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SEDG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis 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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