RNG vs. RDDT, TOST, GLOB, BILI, MARA, PEGA, STNE, PAGS, CLVT, and ATHM
Should you be buying RingCentral stock or one of its competitors? The main competitors of RingCentral include Reddit (RDDT), Toast (TOST), Globant (GLOB), Bilibili (BILI), Marathon Digital (MARA), Pegasystems (PEGA), StoneCo (STNE), PagSeguro Digital (PAGS), Clarivate (CLVT), and Autohome (ATHM). These companies are all part of the "data processing & preparation" industry.
Reddit (NYSE:RDDT) and RingCentral (NYSE:RNG) are both mid-cap computer and technology companies, but which is the better stock? We will compare the two businesses based on the strength of their risk, dividends, institutional ownership, earnings, valuation, media sentiment, profitability, community ranking and analyst recommendations.
Reddit has a net margin of 0.00% compared to Reddit's net margin of -6.18%.
RingCentral received 890 more outperform votes than Reddit when rated by MarketBeat users. Likewise, 73.17% of users gave RingCentral an outperform vote while only 64.29% of users gave Reddit an outperform vote.
In the previous week, Reddit had 6 more articles in the media than RingCentral. MarketBeat recorded 9 mentions for Reddit and 3 mentions for RingCentral. Reddit's average media sentiment score of 0.84 beat RingCentral's score of 0.25 indicating that RingCentral is being referred to more favorably in the news media.
Reddit has higher earnings, but lower revenue than RingCentral.
98.6% of RingCentral shares are owned by institutional investors. 6.8% of RingCentral shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
RingCentral has a consensus target price of $39.28, indicating a potential upside of 38.89%. Given Reddit's higher probable upside, analysts clearly believe RingCentral is more favorable than Reddit.
Summary
RingCentral beats Reddit on 7 of the 13 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding RNG 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 NYSE 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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