SkyWater Technology (NASDAQ:SKYT – Get Free Report) and Nova (NASDAQ:NVMI – Get Free Report) are both computer and technology companies, but which is the superior stock? We will compare the two companies based on the strength of their dividends, analyst recommendations, earnings, profitability, valuation, risk and institutional ownership.
Profitability
This table compares SkyWater Technology and Nova’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| SkyWater Technology | 36.36% | -4.96% | -1.05% |
| Nova | 29.44% | 24.14% | 14.79% |
Institutional and Insider Ownership
70.0% of SkyWater Technology shares are owned by institutional investors. Comparatively, 83.0% of Nova shares are owned by institutional investors. 37.9% of SkyWater Technology shares are owned by insiders. Comparatively, 1.0% of Nova shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Volatility & Risk
Analyst Ratings
This is a breakdown of current ratings and target prices for SkyWater Technology and Nova, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| SkyWater Technology | 1 | 5 | 1 | 0 | 2.00 |
| Nova | 0 | 2 | 8 | 0 | 2.80 |
SkyWater Technology presently has a consensus price target of $32.00, suggesting a potential upside of 9.48%. Nova has a consensus price target of $426.63, suggesting a potential downside of 3.86%. Given SkyWater Technology’s higher possible upside, equities analysts plainly believe SkyWater Technology is more favorable than Nova.
Earnings & Valuation
This table compares SkyWater Technology and Nova”s gross revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| SkyWater Technology | $342.27 million | 4.14 | -$6.79 million | $2.58 | 11.33 |
| Nova | $880.58 million | 14.82 | $183.76 million | $7.65 | 58.01 |
Nova has higher revenue and earnings than SkyWater Technology. SkyWater Technology is trading at a lower price-to-earnings ratio than Nova, indicating that it is currently the more affordable of the two stocks.
Summary
Nova beats SkyWater Technology on 10 of the 14 factors compared between the two stocks.
About SkyWater Technology
SkyWater Technology, Inc., together with its subsidiaries, operates as a pure-play technology foundry that engages in the provision of semiconductor development, manufacturing, and packaging services in the United States. The company offers engineering and process development support services to co-create technologies with customers; and semiconductor manufacturing services for various silicon-based analog and mixed-signal, micro-electromechanical systems, and rad-hard integrated circuits. It serves customers operating in the computation, aerospace and defense, automotive, bio-health, consumer, and industrial sectors. The company was incorporated in 2016 and is headquartered in Bloomington, Minnesota.
About Nova
Nova Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel, Taiwan, the United States, China, Korea, and internationally. Its product portfolio includes a set of metrology platforms for dimensional, films, and materials and chemical metrology measurements for process control for various semiconductor manufacturing process steps, including lithography, etch, chemical mechanical planarization, deposition, electrochemical plating, and advanced packaging. The company serves various sectors of the integrated circuit manufacturing industry, including logic, foundries, and memory manufacturers, as well as process equipment manufacturers. Nova Ltd. was formerly known as Nova Measuring Instruments Ltd. and changed its name to Nova Ltd. in July 2021. Nova Ltd. was incorporated in 1993 and is headquartered in Rehovot, Israel.
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