Sparton Corporation (SPA) versus Integrated Device Technology (IDTI) Head-To-Head Analysis
Sparton Corporation (NYSE: SPA) and Integrated Device Technology (NASDAQ:IDTI) are both computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, risk, analyst recommendations, valuation, institutional ownership, profitability and earnings.
This is a breakdown of recent ratings for Sparton Corporation and Integrated Device Technology, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Integrated Device Technology||2||2||8||0||2.50|
Sparton Corporation presently has a consensus price target of $20.00, suggesting a potential downside of 14.09%. Integrated Device Technology has a consensus price target of $28.50, suggesting a potential upside of 0.32%. Given Integrated Device Technology’s stronger consensus rating and higher probable upside, analysts clearly believe Integrated Device Technology is more favorable than Sparton Corporation.
Volatility and Risk
Sparton Corporation has a beta of 1.28, meaning that its stock price is 28% more volatile than the S&P 500. Comparatively, Integrated Device Technology has a beta of 1.98, meaning that its stock price is 98% more volatile than the S&P 500.
Institutional & Insider Ownership
67.9% of Sparton Corporation shares are owned by institutional investors. Comparatively, 95.9% of Integrated Device Technology shares are owned by institutional investors. 5.0% of Sparton Corporation shares are owned by insiders. Comparatively, 1.2% of Integrated Device Technology shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
This table compares Sparton Corporation and Integrated Device Technology’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Integrated Device Technology||14.50%||20.34%||12.63%|
Valuation & Earnings
This table compares Sparton Corporation and Integrated Device Technology’s top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||EBITDA||Earnings Per Share||Price/Earnings Ratio|
|Sparton Corporation||$397.56 million||0.58||$22.01 million||$0.13||179.08|
|Integrated Device Technology||$732.83 million||5.17||$171.78 million||$0.77||36.90|
Integrated Device Technology has higher revenue and earnings than Sparton Corporation. Integrated Device Technology is trading at a lower price-to-earnings ratio than Sparton Corporation, indicating that it is currently the more affordable of the two stocks.
Integrated Device Technology beats Sparton Corporation on 12 of the 14 factors compared between the two stocks.
Sparton Corporation Company Profile
Sparton Corporation is a provider of design, development and manufacturing services for electromechanical devices, as well as engineered products complementary to the same electromechanical value stream. The Company operates through two segments: Manufacturing & Design Services (MDS) and Engineered Components & Products (ECP). The Company serves the medical and biotechnology, military and aerospace, and industrial and commercial markets. Its products and services include offerings for original equipment manufacturers (OEM) and emerging technology (ET) customers, which utilize microprocessor-based systems, such as transducers, printed circuit boards and assemblies, and sensors, as well as development and design engineering services. It develops and manufactures sonobuoys, which are anti-submarine warfare (ASW) devices. The Company also manufactures rugged flat panel display systems for military panel personal computer workstations, air traffic control and industrial applications.
Integrated Device Technology Company Profile
Integrated Device Technology, Inc. develops system-level solutions that optimize its customers’ applications. The Company operates through two segments: the Communications, and the Computing, Consumer and Industrial. It offers products in radio frequency (RF), timing, wireless power transfer, serial switching, interfaces and sensing solutions. It offers a range of mixed-signal solutions for the communications, computing, consumer, automotive and industrial segments. These products are used for development in areas, such as fourth generation (4G) infrastructure, network communications, cloud datacenters and power management for computing and mobile devices. It offers solutions in designing communications, computing, consumer, automotive and industrial applications. It markets its products to original equipment manufacturers (OEMs) through a range of channels, including direct sales, distributors and electronic manufacturing suppliers (EMSs).
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