Neonode (NASDAQ:NEON – Get Free Report) and Teledyne Technologies (NYSE:TDY – Get Free Report) are both technology companies, but which is the better business? We will compare the two companies based on the strength of their dividends, analyst recommendations, profitability, earnings, risk, institutional ownership and valuation.
Analyst Ratings
This is a summary of recent ratings and target prices for Neonode and Teledyne Technologies, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Neonode | 1 | 0 | 0 | 0 | 1.00 |
| Teledyne Technologies | 0 | 4 | 3 | 1 | 2.62 |
Teledyne Technologies has a consensus price target of $731.83, suggesting a potential upside of 15.80%. Given Teledyne Technologies’ stronger consensus rating and higher possible upside, analysts clearly believe Teledyne Technologies is more favorable than Neonode.
Institutional and Insider Ownership
11.6% of Neonode shares are held by institutional investors. Comparatively, 91.6% of Teledyne Technologies shares are held by institutional investors. 21.9% of Neonode shares are held by company insiders. Comparatively, 1.4% of Teledyne Technologies shares are held by company 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.
Risk and Volatility
Neonode has a beta of 1.82, suggesting that its stock price is 82% more volatile than the S&P 500. Comparatively, Teledyne Technologies has a beta of 0.89, suggesting that its stock price is 11% less volatile than the S&P 500.
Valuation and Earnings
This table compares Neonode and Teledyne Technologies”s top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Neonode | $2.06 million | 5.10 | $8.49 million | ($0.33) | -1.90 |
| Teledyne Technologies | $6.12 billion | 4.76 | $894.80 million | $21.88 | 28.88 |
Teledyne Technologies has higher revenue and earnings than Neonode. Neonode is trading at a lower price-to-earnings ratio than Teledyne Technologies, indicating that it is currently the more affordable of the two stocks.
Profitability
This table compares Neonode and Teledyne Technologies’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Neonode | 397.84% | -32.35% | -28.42% |
| Teledyne Technologies | 15.75% | 10.89% | 7.65% |
Summary
Teledyne Technologies beats Neonode on 11 of the 15 factors compared between the two stocks.
About Neonode
Neonode Inc., together with its subsidiaries, develops optical sensing solutions for contactless touch, touch, and gesture sensing in the United States, Japan, South Korea, Germany, Switzerland, France, Sweden, China, and internationally. It also offers software solutions for machine perception to detect and track persons and objects in video streams from cameras and other types of imagers. In addition, the company sells touch sensor modules to OEMs, original design manufacturers, and systems integrators. Further, it licenses its zForce technology to original equipment manufacturers and automotive Tier 1 suppliers, as well as provides non-recurring engineering services related to application development. It serves office equipment, automotive, industrial automation, medical, military, and avionics markets. Neonode Inc. was incorporated in 1997 and is headquartered in Stockholm, Sweden.
About Teledyne Technologies
Teledyne Technologies Incorporated, together with its subsidiaries, provides enabling technologies for industrial growth markets in the United States and internationally. Its Digital Imaging segment provides visible spectrum sensors and digital cameras; and infrared, ultraviolet, visible, and X-ray spectra; as well as micro electromechanical systems and semiconductors, including analog-to-digital and digital-to-analog converters. This segment also offers cooled and uncooled infrared or thermal products, including sensors, camera cores, and camera systems; high-resolution, low-dose X-ray sensors, high-power microwave, and high-energy X-ray subsystems; and instruments for the measurement of physical properties and maritime products; as well as develops and manufactures multi-spectrum electro-optic/infrared imaging systems and associated products, such as lasers, optics, and radars, CBRNE (Chemical, Biological, Radiological, Nuclear and Explosive detectors), and unmanned air and ground systems. The company's Instrumentation segment offers monitoring, control, and electronic test and measurement equipment; and power and communications connectivity devices for distributed instrumentation systems and sensor networks. The company's Aerospace and Defense Electronics segment provides electronic components and subsystems, data acquisition and communications components and equipment, harsh environment interconnects, general aviation batteries, and other components; and onboard avionics systems and ground-based applications, aircraft data and connectivity solutions, hardware systems, and software applications. Its Engineered Systems segment offers systems engineering and integration, technology development, and manufacturing solutions for defense, space, environmental, and energy applications; and designs and manufactures electrochemical energy systems and electronics for military applications. The company was founded in 1960 and is headquartered in Thousand Oaks, California.
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