RDVT vs. BLZE, AEYE, ONTF, CTV, PRCH, MTLS, AMSWA, MIXT, EGAN, and CMCM
Should you be buying Red Violet stock or one of its competitors? The main competitors of Red Violet include Backblaze (BLZE), AudioEye (AEYE), ON24 (ONTF), Innovid (CTV), Porch Group (PRCH), Materialise (MTLS), American Software (AMSWA), MiX Telematics (MIXT), eGain (EGAN), and Cheetah Mobile (CMCM). These companies are all part of the "prepackaged software" industry.
Red Violet (NASDAQ:RDVT) and Backblaze (NASDAQ:BLZE) are both small-cap computer and technology companies, but which is the better stock? We will compare the two companies based on the strength of their media sentiment, earnings, risk, valuation, profitability, institutional ownership, dividends, community ranking and analyst recommendations.
Red Violet received 43 more outperform votes than Backblaze when rated by MarketBeat users. Likewise, 62.26% of users gave Red Violet an outperform vote while only 57.50% of users gave Backblaze an outperform vote.
Red Violet presently has a consensus target price of $25.00, indicating a potential upside of 15.69%. Backblaze has a consensus target price of $14.00, indicating a potential upside of 109.27%. Given Backblaze's higher probable upside, analysts clearly believe Backblaze is more favorable than Red Violet.
Red Violet has a net margin of 23.14% compared to Backblaze's net margin of -48.62%. Red Violet's return on equity of 17.94% beat Backblaze's return on equity.
In the previous week, Backblaze had 10 more articles in the media than Red Violet. MarketBeat recorded 12 mentions for Backblaze and 2 mentions for Red Violet. Red Violet's average media sentiment score of 1.29 beat Backblaze's score of 0.31 indicating that Red Violet is being referred to more favorably in the media.
Red Violet has higher earnings, but lower revenue than Backblaze. Backblaze is trading at a lower price-to-earnings ratio than Red Violet, indicating that it is currently the more affordable of the two stocks.
Red Violet has a beta of 1.16, meaning that its share price is 16% more volatile than the S&P 500. Comparatively, Backblaze has a beta of 1.21, meaning that its share price is 21% more volatile than the S&P 500.
63.6% of Red Violet shares are owned by institutional investors. Comparatively, 54.0% of Backblaze shares are owned by institutional investors. 9.5% of Red Violet shares are owned by company insiders. Comparatively, 5.2% of Backblaze shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Summary
Red Violet beats Backblaze on 12 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding RDVT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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