SPOT vs. NU, RSG, MRVL, CPRT, PLTR, SQ, PAYX, WCN, FIS, and TT
Should you be buying Spotify Technology stock or one of its competitors? The main competitors of Spotify Technology include NU (NU), Republic Services (RSG), Marvell Technology (MRVL), Copart (CPRT), Palantir Technologies (PLTR), Block (SQ), Paychex (PAYX), Waste Connections (WCN), Fidelity National Information Services (FIS), and Trane Technologies (TT). These companies are all part of the "business services" sector.
Spotify Technology (NYSE:SPOT) and NU (NYSE:NU) are both large-cap business services companies, but which is the superior investment? We will contrast the two companies based on the strength of their dividends, risk, valuation, community ranking, media sentiment, analyst recommendations, profitability, institutional ownership and earnings.
NU has lower revenue, but higher earnings than Spotify Technology. Spotify Technology is trading at a lower price-to-earnings ratio than NU, indicating that it is currently the more affordable of the two stocks.
NU has a net margin of 12.84% compared to Spotify Technology's net margin of -0.80%. NU's return on equity of 20.02% beat Spotify Technology's return on equity.
Spotify Technology received 335 more outperform votes than NU when rated by MarketBeat users. Likewise, 60.50% of users gave Spotify Technology an outperform vote while only 52.08% of users gave NU an outperform vote.
Spotify Technology currently has a consensus price target of $306.42, suggesting a potential upside of 2.75%. NU has a consensus price target of $10.00, suggesting a potential downside of 16.56%. Given Spotify Technology's higher probable upside, equities analysts plainly believe Spotify Technology is more favorable than NU.
84.1% of Spotify Technology shares are owned by institutional investors. Comparatively, 80.9% of NU shares are owned by institutional investors. 0.4% of Spotify Technology shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Spotify Technology has a beta of 1.61, suggesting that its share price is 61% more volatile than the S&P 500. Comparatively, NU has a beta of 1.11, suggesting that its share price is 11% more volatile than the S&P 500.
In the previous week, Spotify Technology had 6 more articles in the media than NU. MarketBeat recorded 32 mentions for Spotify Technology and 26 mentions for NU. Spotify Technology's average media sentiment score of 0.38 beat NU's score of 0.28 indicating that Spotify Technology is being referred to more favorably in the media.
Summary
Spotify Technology beats NU on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SPOT 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.
Spotify Technology Competitors List
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