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Remitly Global (RELY) Competitors

Remitly Global logo
$18.50 +0.25 (+1.34%)
Closing price 07/3/2025 03:51 PM Eastern
Extended Trading
$18.40 -0.11 (-0.57%)
As of 07/3/2025 04:53 PM Eastern
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RELY vs. ULS, QXO, STN, ALLE, RTO, CART, FTAI, ICLR, HQY, and MEDP

Should you be buying Remitly Global stock or one of its competitors? The main competitors of Remitly Global include UL Solutions (ULS), QXO (QXO), Stantec (STN), Allegion (ALLE), Rentokil Initial (RTO), Maplebear (CART), FTAI Aviation (FTAI), Icon (ICLR), HealthEquity (HQY), and Medpace (MEDP). These companies are all part of the "business services" industry.

Remitly Global vs. Its Competitors

Remitly Global (NASDAQ:RELY) and UL Solutions (NYSE:ULS) are both business services companies, but which is the better stock? We will contrast the two businesses based on the strength of their earnings, risk, media sentiment, valuation, institutional ownership, profitability, analyst recommendations and dividends.

In the previous week, UL Solutions had 2 more articles in the media than Remitly Global. MarketBeat recorded 6 mentions for UL Solutions and 4 mentions for Remitly Global. Remitly Global's average media sentiment score of 1.03 beat UL Solutions' score of 0.65 indicating that Remitly Global is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Remitly Global
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
UL Solutions
1 Very Positive mention(s)
5 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

UL Solutions has a net margin of 11.60% compared to Remitly Global's net margin of -0.34%. UL Solutions' return on equity of 40.79% beat Remitly Global's return on equity.

Company Net Margins Return on Equity Return on Assets
Remitly Global-0.34% -0.70% -0.45%
UL Solutions 11.60%40.79%12.99%

UL Solutions has higher revenue and earnings than Remitly Global. Remitly Global is trading at a lower price-to-earnings ratio than UL Solutions, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Remitly Global$1.36B2.78-$36.98M-$0.03-616.83
UL Solutions$2.87B4.94$326M$1.6742.32

74.3% of Remitly Global shares are held by institutional investors. 7.5% of Remitly Global shares are held by insiders. Comparatively, 1.2% of UL Solutions shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Remitly Global presently has a consensus target price of $28.88, suggesting a potential upside of 56.04%. UL Solutions has a consensus target price of $69.43, suggesting a potential downside of 1.77%. Given Remitly Global's stronger consensus rating and higher possible upside, equities analysts clearly believe Remitly Global is more favorable than UL Solutions.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Remitly Global
0 Sell rating(s)
1 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.89
UL Solutions
0 Sell rating(s)
5 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.38

Remitly Global has a beta of 0.13, indicating that its stock price is 87% less volatile than the S&P 500. Comparatively, UL Solutions has a beta of 1.02, indicating that its stock price is 2% more volatile than the S&P 500.

Summary

UL Solutions beats Remitly Global on 10 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

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

MetricRemitly GlobalFinancial Transaction Services IndustryBusiness SectorNASDAQ Exchange
Market Cap$3.77B$35.00B$13.06B$9.02B
Dividend YieldN/A2.36%2.56%4.10%
P/E Ratio-616.8330.2228.8620.30
Price / Sales2.7810.3043.46104.24
Price / CashN/A19.9325.6857.47
Price / Book5.518.046.285.68
Net Income-$36.98M$1.11B$188.91M$249.13M
7 Day Performance-2.14%2.01%3.57%3.30%
1 Month Performance-10.99%7.21%4.16%5.20%
1 Year Performance48.63%51.63%27.98%21.37%

Remitly Global Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RELY
Remitly Global
3.5007 of 5 stars
$18.51
+1.3%
$28.88
+56.0%
+48.6%$3.77B$1.36B-616.832,800Positive News
ULS
UL Solutions
2.6164 of 5 stars
$72.77
+0.8%
$69.43
-4.6%
+64.4%$14.59B$2.87B43.5715,094
QXO
QXO
3.6982 of 5 stars
$21.54
+3.9%
$34.33
+59.4%
N/A$12.46B$55.95M-2.36195Analyst Forecast
High Trading Volume
STN
Stantec
2.6888 of 5 stars
$108.85
-0.7%
N/A+28.9%$12.42B$5.47B44.9832,000High Trading Volume
ALLE
Allegion
4.3225 of 5 stars
$144.22
+0.2%
$145.33
+0.8%
+28.0%$12.41B$3.77B20.2614,400
RTO
Rentokil Initial
1.7401 of 5 stars
$24.00
-1.7%
N/A-19.8%$12.12B$6.95B15.8968,485
CART
Maplebear
2.7827 of 5 stars
$45.24
+0.8%
$51.91
+14.7%
+38.4%$11.88B$3.46B29.763,265
FTAI
FTAI Aviation
4.7861 of 5 stars
$115.04
-3.0%
$171.83
+49.4%
+7.6%$11.80B$1.91B547.8140News Coverage
Positive News
ICLR
Icon
4.3945 of 5 stars
$145.45
+0.6%
$213.08
+46.5%
-52.8%$11.75B$8.28B15.8441,900
HQY
HealthEquity
3.7453 of 5 stars
$104.76
-0.1%
$118.09
+12.7%
+19.1%$9.06B$1.20B76.473,120
MEDP
Medpace
4.463 of 5 stars
$313.86
+1.0%
$344.82
+9.9%
-20.2%$9.02B$2.16B23.965,900

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This page (NASDAQ:RELY) was last updated on 7/4/2025 by MarketBeat.com Staff
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