SQ vs. PLTR, GEN, DOCU, PATH, ESTC, FIS, PAYX, VRSK, CPRT, and IT
Should you be buying Block stock or one of its competitors? The main competitors of Block include Palantir Technologies (PLTR), Gen Digital (GEN), DocuSign (DOCU), UiPath (PATH), Elastic (ESTC), Fidelity National Information Services (FIS), Paychex (PAYX), Verisk Analytics (VRSK), Copart (CPRT), and Gartner (IT). These companies are all part of the "business services" sector.
Block (NYSE:SQ) and Palantir Technologies (NYSE:PLTR) are both large-cap business services companies, but which is the better business? We will compare the two companies based on the strength of their community ranking, analyst recommendations, institutional ownership, valuation, earnings, risk, media sentiment, dividends and profitability.
Block received 1344 more outperform votes than Palantir Technologies when rated by MarketBeat users. Likewise, 69.52% of users gave Block an outperform vote while only 44.91% of users gave Palantir Technologies an outperform vote.
70.4% of Block shares are owned by institutional investors. Comparatively, 45.7% of Palantir Technologies shares are owned by institutional investors. 10.5% of Block shares are owned by insiders. Comparatively, 12.9% of Palantir Technologies shares are owned by 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.
Palantir Technologies has a net margin of 12.79% compared to Block's net margin of 2.18%. Palantir Technologies' return on equity of 8.28% beat Block's return on equity.
Block has a beta of 2.57, suggesting that its share price is 157% more volatile than the S&P 500. Comparatively, Palantir Technologies has a beta of 2.76, suggesting that its share price is 176% more volatile than the S&P 500.
Block presently has a consensus target price of $87.59, suggesting a potential upside of 32.08%. Palantir Technologies has a consensus target price of $20.65, suggesting a potential upside of 0.02%. Given Block's stronger consensus rating and higher probable upside, analysts plainly believe Block is more favorable than Palantir Technologies.
In the previous week, Palantir Technologies had 34 more articles in the media than Block. MarketBeat recorded 48 mentions for Palantir Technologies and 14 mentions for Block. Block's average media sentiment score of 0.67 beat Palantir Technologies' score of 0.48 indicating that Block is being referred to more favorably in the media.
Palantir Technologies has lower revenue, but higher earnings than Block. Block is trading at a lower price-to-earnings ratio than Palantir Technologies, indicating that it is currently the more affordable of the two stocks.
Summary
Block and Palantir Technologies tied by winning 9 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SQ 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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