RCAT vs. MGIC, CGNT, SVCO, DDD, CCSI, MKTW, BBAI, MIXT, PFDR, and XPER
Should you be buying Red Cat stock or one of its competitors? The main competitors of Red Cat include Magic Software Enterprises (MGIC), Cognyte Software (CGNT), Silvaco Group (SVCO), 3D Systems (DDD), Consensus Cloud Solutions (CCSI), MarketWise (MKTW), BigBear.ai (BBAI), MiX Telematics (MIXT), Pathfinder Acquisition (PFDR), and Xperi (XPER). These companies are all part of the "prepackaged software" industry.
Magic Software Enterprises (NASDAQ:MGIC) and Red Cat (NASDAQ:RCAT) are both small-cap computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their profitability, media sentiment, dividends, institutional ownership, analyst recommendations, valuation, earnings, risk and community ranking.
In the previous week, Magic Software Enterprises had 3 more articles in the media than Red Cat. MarketBeat recorded 8 mentions for Magic Software Enterprises and 5 mentions for Red Cat. Magic Software Enterprises' average media sentiment score of 0.63 beat Red Cat's score of 0.58 indicating that Red Cat is being referred to more favorably in the news media.
Magic Software Enterprises has a net margin of 6.83% compared to Magic Software Enterprises' net margin of -206.42%. Red Cat's return on equity of 16.36% beat Magic Software Enterprises' return on equity.
Magic Software Enterprises has a beta of 1.06, suggesting that its stock price is 6% more volatile than the S&P 500. Comparatively, Red Cat has a beta of -0.11, suggesting that its stock price is 111% less volatile than the S&P 500.
Magic Software Enterprises presently has a consensus target price of $14.00, suggesting a potential upside of 19.86%. Red Cat has a consensus target price of $4.00, suggesting a potential upside of 75.44%. Given Magic Software Enterprises' higher probable upside, analysts clearly believe Red Cat is more favorable than Magic Software Enterprises.
Magic Software Enterprises received 290 more outperform votes than Red Cat when rated by MarketBeat users. However, 100.00% of users gave Red Cat an outperform vote while only 60.54% of users gave Magic Software Enterprises an outperform vote.
24.7% of Magic Software Enterprises shares are owned by institutional investors. Comparatively, 38.0% of Red Cat shares are owned by institutional investors. 4.5% of Magic Software Enterprises shares are owned by company insiders. Comparatively, 30.5% of Red Cat shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Magic Software Enterprises has higher revenue and earnings than Red Cat. Red Cat is trading at a lower price-to-earnings ratio than Magic Software Enterprises, indicating that it is currently the more affordable of the two stocks.
Summary
Magic Software Enterprises beats Red Cat on 10 of the 16 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding RCAT 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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