Credo Technology Group (CRDO) Competitors

$17.68
+0.34 (+1.96%)
(As of 05/10/2024 08:54 PM ET)

CRDO vs. ICFI, INST, RIOT, MQ, NPO, FLYW, QFIN, EVTC, PAY, and WNS

Should you be buying Credo Technology Group stock or one of its competitors? The main competitors of Credo Technology Group include ICF International (ICFI), Instructure (INST), Riot Platforms (RIOT), Marqeta (MQ), Enpro (NPO), Flywire (FLYW), Qifu Technology (QFIN), EVERTEC (EVTC), Paymentus (PAY), and WNS (WNS). These companies are all part of the "business services" sector.

Credo Technology Group vs.

ICF International (NASDAQ:ICFI) and Credo Technology Group (NASDAQ:CRDO) are both mid-cap business services companies, but which is the superior investment? We will compare the two companies based on the strength of their community ranking, valuation, institutional ownership, dividends, earnings, profitability, media sentiment, analyst recommendations and risk.

ICF International currently has a consensus price target of $162.75, suggesting a potential upside of 6.36%. Credo Technology Group has a consensus price target of $24.25, suggesting a potential upside of 37.16%. Given ICF International's higher possible upside, analysts clearly believe Credo Technology Group is more favorable than ICF International.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ICF International
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.75
Credo Technology Group
1 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.63

94.1% of ICF International shares are held by institutional investors. Comparatively, 80.5% of Credo Technology Group shares are held by institutional investors. 1.4% of ICF International shares are held by company insiders. Comparatively, 23.9% of Credo Technology Group shares are held by company 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.

ICF International received 315 more outperform votes than Credo Technology Group when rated by MarketBeat users. Likewise, 67.38% of users gave ICF International an outperform vote while only 54.55% of users gave Credo Technology Group an outperform vote.

CompanyUnderperformOutperform
ICF InternationalOutperform Votes
345
67.38%
Underperform Votes
167
32.62%
Credo Technology GroupOutperform Votes
30
54.55%
Underperform Votes
25
45.45%

ICF International has a beta of 0.61, meaning that its stock price is 39% less volatile than the S&P 500. Comparatively, Credo Technology Group has a beta of 2.03, meaning that its stock price is 103% more volatile than the S&P 500.

ICF International has higher revenue and earnings than Credo Technology Group. Credo Technology Group is trading at a lower price-to-earnings ratio than ICF International, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ICF International$1.96B1.46$82.61M$4.9231.10
Credo Technology Group$164.28M17.57-$16.55M-$0.23-76.87

ICF International has a net margin of 4.74% compared to ICF International's net margin of -20.59%. Credo Technology Group's return on equity of 14.42% beat ICF International's return on equity.

Company Net Margins Return on Equity Return on Assets
ICF International4.74% 14.42% 6.33%
Credo Technology Group -20.59%-7.82%-6.89%

In the previous week, Credo Technology Group had 3 more articles in the media than ICF International. MarketBeat recorded 8 mentions for Credo Technology Group and 5 mentions for ICF International. Credo Technology Group's average media sentiment score of 1.10 beat ICF International's score of 1.09 indicating that ICF International is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
ICF International
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Credo Technology Group
5 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

ICF International beats Credo Technology Group on 12 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CRDO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

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.
Skip Chart

CRDO vs. The Competition

MetricCredo Technology GroupSemiconductors & related devices IndustryBusiness SectorNASDAQ Exchange
Market Cap$2.89B$45.00B$6.18B$7.76B
Dividend YieldN/A2.14%3.05%3.94%
P/E Ratio-76.8714.8627.7614.62
Price / Sales17.5714.4486.2375.23
Price / CashN/A24.1726.8634.04
Price / Book7.565.284.724.57
Net Income-$16.55M$910.70M$114.35M$215.03M
7 Day Performance2.49%3.63%14.96%0.44%
1 Month Performance-17.54%4.06%17.03%2.35%
1 Year Performance123.51%21.54%31.02%10.68%

Credo Technology Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ICFI
ICF International
2.5879 of 5 stars
$150.60
-0.3%
$162.75
+8.1%
+33.6%$2.82B$1.96B30.619,000
INST
Instructure
2.884 of 5 stars
$19.93
+0.6%
$29.67
+48.9%
-15.7%$2.91B$530.21M-83.021,496Analyst Downgrade
RIOT
Riot Platforms
3.6526 of 5 stars
$10.17
-5.6%
$18.33
+80.2%
-13.3%$2.94B$280.70M11.69534Short Interest ↑
MQ
Marqeta
3.0513 of 5 stars
$5.83
+1.6%
$7.57
+29.9%
+23.8%$3.00B$676.17M-13.88771Earnings Report
Analyst Revision
NPO
Enpro
1.8156 of 5 stars
$145.33
-5.3%
$158.00
+8.7%
+61.4%$3.04B$1.06B137.113,500Earnings Report
Gap Down
High Trading Volume
FLYW
Flywire
2.6122 of 5 stars
$20.54
+2.6%
$34.07
+65.9%
-40.5%$2.52B$403.09M-228.201,200Earnings Report
Analyst Revision
High Trading Volume
QFIN
Qifu Technology
4.7811 of 5 stars
$19.91
+1.6%
$24.73
+24.2%
+19.1%$3.21B$2.29B5.442,199Upcoming Earnings
EVTC
EVERTEC
2.2578 of 5 stars
$37.16
-0.3%
$41.33
+11.2%
+6.3%$2.39B$694.71M37.545,000Short Interest ↑
PAY
Paymentus
2.3373 of 5 stars
$19.20
-13.5%
$19.06
-0.7%
+103.8%$2.38B$614.49M106.671,273Gap Down
High Trading Volume
WNS
WNS
4.023 of 5 stars
$49.74
+2.1%
$72.44
+45.6%
-30.2%$2.38B$1.32B17.5859,755Short Interest ↑

Related Companies and Tools

This page (NASDAQ:CRDO) was last updated on 5/13/2024 by MarketBeat.com Staff

From Our Partners