Head to Head Comparison: Newport (NEWP) versus Its Rivals
Newport (NASDAQ: NEWP) is one of 50 public companies in the “Industrial Machinery & Equipment” industry, but how does it contrast to its competitors? We will compare Newport to related companies based on the strength of its risk, valuation, analyst recommendations, profitability, dividends, institutional ownership and earnings.
This table compares Newport and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
80.1% of shares of all “Industrial Machinery & Equipment” companies are held by institutional investors. 5.5% of shares of all “Industrial Machinery & Equipment” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Valuation and Earnings
This table compares Newport and its competitors top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Newport Competitors||$3.39 billion||$248.94 million||437.91|
Newport’s competitors have higher revenue and earnings than Newport. Newport is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
This is a breakdown of recent recommendations for Newport and its competitors, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
As a group, “Industrial Machinery & Equipment” companies have a potential downside of 0.19%.
Newport competitors beat Newport on 4 of the 7 factors compared.
Newport Company Profile
Newport Corporation is a supplier of technology products and systems. The Company offers its products and services to a range of industries, including scientific research, microelectronics, defense and security, life and health sciences, and industrial markets. The Company operates through three business segments: Photonics Group, which includes photonics instruments and systems, vibration isolation systems and subsystems, precision positioning systems and subsystems, optical components for research applications, optical hardware, and three-dimensional non-contact measurement sensors and equipment; Lasers Group, which offers a portfolio of laser technology products and services, including ultrafast lasers and amplifiers, fiber lasers, diode-pumped solid-state lasers, and high-energy pulsed lasers and tunable lasers, and Optics Group, which offers precision optics and lens assemblies, thin-film filters and coatings, replicated mirrors, and ruled and holographic diffraction gratings.
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