PerkinElmer (NYSE: PKI) is one of 78 public companies in the “Advanced Medical Equipment & Technology” industry, but how does it weigh in compared to its competitors? We will compare PerkinElmer to similar businesses based on the strength of its earnings, analyst recommendations, risk, dividends, valuation, institutional ownership and profitability.

Dividends

PerkinElmer pays an annual dividend of $0.28 per share and has a dividend yield of 0.4%. PerkinElmer pays out 12.7% of its earnings in the form of a dividend. As a group, “Advanced Medical Equipment & Technology” companies pay a dividend yield of 0.9% and pay out 27.7% of their earnings in the form of a dividend.

Analyst Recommendations

This is a breakdown of current ratings and price targets for PerkinElmer and its competitors, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
PerkinElmer 2 8 5 0 2.20
PerkinElmer Competitors 275 1889 3375 106 2.59

PerkinElmer presently has a consensus target price of $68.23, indicating a potential downside of 3.01%. As a group, “Advanced Medical Equipment & Technology” companies have a potential downside of 7.72%. Given PerkinElmer’s higher possible upside, equities analysts clearly believe PerkinElmer is more favorable than its competitors.

Institutional & Insider Ownership

91.7% of PerkinElmer shares are held by institutional investors. Comparatively, 51.8% of shares of all “Advanced Medical Equipment & Technology” companies are held by institutional investors. 2.2% of PerkinElmer shares are held by insiders. Comparatively, 18.2% of shares of all “Advanced Medical Equipment & Technology” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Profitability

This table compares PerkinElmer and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
PerkinElmer 18.27% 13.11% 6.82%
PerkinElmer Competitors -151.89% -22.51% -8.72%

Volatility and Risk

PerkinElmer has a beta of 0.77, suggesting that its share price is 23% less volatile than the S&P 500. Comparatively, PerkinElmer’s competitors have a beta of 1.25, suggesting that their average share price is 25% more volatile than the S&P 500.

Earnings and Valuation

This table compares PerkinElmer and its competitors gross revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
PerkinElmer $2.12 billion $234.29 million 31.83
PerkinElmer Competitors $2.14 billion $234.27 million -31.50

PerkinElmer’s competitors have higher revenue, but lower earnings than PerkinElmer. PerkinElmer is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Summary

PerkinElmer beats its competitors on 8 of the 15 factors compared.

About PerkinElmer

PerkinElmer, Inc. is a provider of products, services and solutions to the diagnostics, research, environmental, industrial and laboratory services markets. The Company operates through two segments: Discovery & Analytical Solutions and Diagnostics. The Discovery & Analytical Solutions segment serves the environmental, food, industrial, life sciences research and laboratory services markets. It provides analytical instrumentation for the industrial market, which includes the chemical, electronics, energy, lubricant, petrochemical and polymer industries. Its products include AAnalyst, Altus, Aquamatic, Avio, AxION, Clarus, DairyGuard, AlphaLISA, AlphaPlex, AlphaScreen, Alpha SureFire, Cell carrier and cell::explorer. The Diagnostics segment is focused on reproductive health, emerging market diagnostics and applied genomics. Its products include AutoDELFIA, BACS-on-Beads, Bioo Scientific, BoBs, Datalytix, Dexela, Dexela CMOS FPDs, Evolution, ViaCord, and Zephyr.

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