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

Insider and Institutional Ownership

91.7% of PerkinElmer shares are held by institutional investors. Comparatively, 51.7% of shares of all “Advanced Medical Equipment & Technology” companies are held by institutional investors. 2.2% of PerkinElmer shares are held by company insiders. Comparatively, 18.2% of shares of all “Advanced Medical Equipment & Technology” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Earnings and Valuation

This table compares PerkinElmer and its competitors top-line revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
PerkinElmer $2.12 billion $234.29 million 20.31
PerkinElmer Competitors $2.18 billion $239.60 million -4.44

PerkinElmer’s competitors have higher revenue and 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.

Dividends

PerkinElmer pays an annual dividend of $0.28 per share and has a dividend yield of 0.4%. PerkinElmer pays out 7.8% of its earnings in the form of a dividend. As a group, “Advanced Medical Equipment & Technology” companies pay a dividend yield of 0.8% and pay out 25.2% of their earnings in the form of a dividend.

Volatility and Risk

PerkinElmer has a beta of 0.77, indicating that its stock price is 23% less volatile than the S&P 500. Comparatively, PerkinElmer’s competitors have a beta of 1.27, indicating that their average stock price is 27% more volatile than the S&P 500.

Analyst Recommendations

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

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
PerkinElmer 2 8 5 0 2.20
PerkinElmer Competitors 272 1885 3383 106 2.59

PerkinElmer currently has a consensus target price of $68.23, indicating a potential downside of 6.69%. As a group, “Advanced Medical Equipment & Technology” companies have a potential downside of 9.84%. Given PerkinElmer’s higher possible upside, analysts clearly believe PerkinElmer is more favorable than its competitors.

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 -317.09% -23.47% -9.61%

Summary

PerkinElmer competitors beat PerkinElmer 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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