MMYT vs. RDDT, CGNX, ARW, YNDX, DJT, MTSI, CIEN, BZ, WIX, and WTS
Should you be buying MakeMyTrip stock or one of its competitors? The main competitors of MakeMyTrip include Reddit (RDDT), Cognex (CGNX), Arrow Electronics (ARW), Yandex (YNDX), Trump Media & Technology Group (DJT), MACOM Technology Solutions (MTSI), Ciena (CIEN), Kanzhun (BZ), Wix.com (WIX), and Watts Water Technologies (WTS). These companies are all part of the "computer and technology" sector.
Reddit (NYSE:RDDT) and MakeMyTrip (NASDAQ:MMYT) are both mid-cap computer and technology companies, but which is the better business? We will contrast the two companies based on the strength of their earnings, risk, analyst recommendations, dividends, institutional ownership, valuation, profitability, community ranking and media sentiment.
Reddit has higher earnings, but lower revenue than MakeMyTrip.
MakeMyTrip has a consensus price target of $52.50, indicating a potential downside of 27.48%. Given Reddit's higher possible upside, analysts plainly believe MakeMyTrip is more favorable than Reddit.
MakeMyTrip received 356 more outperform votes than Reddit when rated by MarketBeat users. Likewise, 58.78% of users gave MakeMyTrip an outperform vote while only 56.25% of users gave Reddit an outperform vote.
In the previous week, Reddit had 6 more articles in the media than MakeMyTrip. MarketBeat recorded 14 mentions for Reddit and 8 mentions for MakeMyTrip. Reddit's average media sentiment score of 1.02 beat MakeMyTrip's score of 0.35 indicating that MakeMyTrip is being referred to more favorably in the news media.
MakeMyTrip has a net margin of 6.93% compared to MakeMyTrip's net margin of 0.00%. Reddit's return on equity of 10.13% beat MakeMyTrip's return on equity.
51.9% of MakeMyTrip shares are held by institutional investors. 10.3% of MakeMyTrip shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Summary
MakeMyTrip beats Reddit on 10 of the 14 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding MMYT 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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