Head-to-head comparison: Teledyne Technologies (NYSE: TDY) and NextNav (NASDAQ: NN)
Teledyne Technologies (NYSE:TDY – Get Rating) and NextNav (NASDAQ:NN – Get Rating) are both aerospace companies, but which is the better stock? We’ll compare the two companies based on valuation strength, risk, dividends, institutional ownership, analyst recommendations, profitability and earnings.
Institutional and Insider Ownership
88.4% of Teledyne Technologies shares are held by institutional investors. 2.6% of Teledyne Technologies shares are held by insiders of the company. Strong institutional ownership indicates that hedge funds, large fund managers, and endowments believe a company will outperform the market over the long term.
This table compares the net margins, return on equity and return on assets of Teledyne Technologies and NextNav.
|Net margins||Return on equity||return on assets|
|NextNav||N / A||-219.22%||-20.11%|
This is a breakdown of current recommendations and price targets for Teledyne Technologies and NextNav, as reported by MarketBeat.
|Sales Ratings||Hold odds||Buy reviews||Strong buy odds||Rating|
Teledyne Technologies currently has a consensus price target of $507.80, suggesting a potential upside of 9.78%. NextNav has a consensus price target of $16.00, suggesting a potential upside of 115.92%. Given NextNav’s stronger consensus rating and higher likely upside, analysts clearly think NextNav is more favorable than Teledyne Technologies.
Risk and Volatility
Teledyne Technologies has a beta of 1.1, which means its stock price is 10% more volatile than the S&P 500. In comparison, NextNav has a beta of 1.84, which means its stock price is 84% more volatile than the S&P 500.
Valuation and benefits
This table compares the revenue, earnings per share (EPS) and valuation of Teledyne Technologies and NextNav.
|Gross revenue||Price/sales ratio||Net revenue||Earnings per share||Price/earnings ratio|
|Teledyne Technologies||$4.61 billion||4.73||$445.30 million||$9.91||46.68|
|NextNav||$760,000.00||941.40||-$144.67 million||N / A||N / A|
Teledyne Technologies has higher revenues and profits than NextNav.
Teledyne Technologies beats NextNav on 8 of the 12 factors compared between the two stocks.
Teledyne Technologies Company Profile (Get an evaluation)
Teledyne Technologies Incorporated provides enabling technologies for industrial growth markets in the United States, Canada, United Kingdom, Belgium, Netherlands and internationally. The Company’s Instrumentation segment offers monitoring and control instruments for marine, environmental, industrial and other applications, as well as electronic test and measurement equipment; and power and communication connectivity devices for distributed instrumentation systems and sensor networks. Its Digital Imaging segment provides visible spectrum sensors and digital cameras for industrial machine vision and automated quality control, as well as for medical, research and scientific applications; and infrared and X-ray spectra for use in industrial, government, and medical applications, as well as microelectromechanical systems and semiconductors, including analog-to-digital and digital-to-analog converters. This segment also offers thermal imaging systems, visible light imaging systems, localization systems, measurement and diagnostic systems, and threat detection solutions. The Company’s Aerospace and Defense Electronics segment provides electronic components and subsystems, as well as communications products, such as defense electronics, environmental interconnects, data acquisition and equipment. communication systems for aircraft, components and subsystems for wireless and satellite communications, and general aviation batteries. Its Engineered Systems segment offers systems engineering and integration, technology development and manufacturing solutions for defense, space, environmental and energy applications; and designs and manufactures electrochemical power systems and electronics for military applications. The Company markets and sells its products and services through a direct internal sales force, as well as third-party sales representatives and distributors. Teledyne Technologies Incorporated was founded in 1960 and is based in Thousand Oaks, California.
NextNav Company Profile (Get a rating)
NextNav Inc. provides next-generation Global Positioning System (GPS) and 3D geolocation services. The company offers next-generation positioning, navigation and timing solutions through its network-based Pinnacle and TerraPoiNT solutions. Its Pinnacle 3D geolocation service is commercially available in approximately 4,400 cities and towns in the United States; and its terrestrial encrypted TerraPoint network is deployed in a total of 51 markets nationwide. The company sells its solutions directly to customers or through partners. The company was founded in 2007 and is based in McLean, Virginia.
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