GGR vs. RGP, RERE, TTEC, BBCP, ADTN, SOS, GCI, TRMR, NEXN, and GRRR
Should you be buying Gogoro stock or one of its competitors? The main competitors of Gogoro include Resources Connection (RGP), ATRenew (RERE), TTEC (TTEC), Concrete Pumping (BBCP), ADTRAN (ADTN), SOS (SOS), Gannett (GCI), Tremor International (TRMR), Nexxen International (NEXN), and Gorilla Technology Group (GRRR). These companies are all part of the "business services" sector.
Gogoro (NASDAQ:GGR) and Resources Connection (NASDAQ:RGP) are both small-cap business services companies, but which is the superior investment? We will contrast the two companies based on the strength of their media sentiment, profitability, dividends, institutional ownership, earnings, analyst recommendations, community ranking, valuation and risk.
Gogoro presently has a consensus price target of $4.25, suggesting a potential upside of 197.20%. Resources Connection has a consensus price target of $13.50, suggesting a potential upside of 22.17%. Given Gogoro's stronger consensus rating and higher possible upside, equities analysts clearly believe Gogoro is more favorable than Resources Connection.
15.9% of Gogoro shares are owned by institutional investors. Comparatively, 93.2% of Resources Connection shares are owned by institutional investors. 4.8% of Gogoro shares are owned by company insiders. Comparatively, 7.4% of Resources Connection shares are owned by company 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.
In the previous week, Gogoro had 2 more articles in the media than Resources Connection. MarketBeat recorded 3 mentions for Gogoro and 1 mentions for Resources Connection. Gogoro's average media sentiment score of 0.60 beat Resources Connection's score of 0.44 indicating that Gogoro is being referred to more favorably in the media.
Resources Connection received 20 more outperform votes than Gogoro when rated by MarketBeat users. Likewise, 52.50% of users gave Resources Connection an outperform vote while only 16.67% of users gave Gogoro an outperform vote.
Gogoro has a beta of 0.39, meaning that its share price is 61% less volatile than the S&P 500. Comparatively, Resources Connection has a beta of 0.61, meaning that its share price is 39% less volatile than the S&P 500.
Resources Connection has higher revenue and earnings than Gogoro. Gogoro is trading at a lower price-to-earnings ratio than Resources Connection, indicating that it is currently the more affordable of the two stocks.
Resources Connection has a net margin of 3.34% compared to Gogoro's net margin of -21.97%. Resources Connection's return on equity of 6.86% beat Gogoro's return on equity.
Summary
Resources Connection beats Gogoro on 12 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding GGR 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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