RELY vs. ULS, FTAI, CART, ALLE, RTO, STN, QXO, 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), FTAI Aviation (FTAI), Maplebear (CART), Allegion (ALLE), Rentokil Initial (RTO), Stantec (STN), QXO (QXO), ICON Public (ICLR), HealthEquity (HQY), and Medpace (MEDP). These companies are all part of the "business services" industry.
Remitly Global vs. Its Competitors
UL Solutions (NYSE:ULS) and Remitly Global (NASDAQ:RELY) are both business services companies, but which is the superior investment? We will compare the two companies based on the strength of their earnings, profitability, dividends, analyst recommendations, valuation, institutional ownership, risk, community ranking and media sentiment.
74.3% of Remitly Global shares are owned by institutional investors. 1.2% of UL Solutions shares are owned by company insiders. Comparatively, 7.5% of Remitly Global shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
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.
UL Solutions presently has a consensus price target of $69.43, indicating a potential downside of 1.13%. Remitly Global has a consensus price target of $28.88, indicating a potential upside of 44.95%. Given Remitly Global's stronger consensus rating and higher possible upside, analysts plainly believe Remitly Global is more favorable than UL Solutions.
UL Solutions has a net margin of 11.36% compared to Remitly Global's net margin of -2.93%. UL Solutions' return on equity of 44.52% beat Remitly Global's return on equity.
Remitly Global received 271 more outperform votes than UL Solutions when rated by MarketBeat users. Likewise, 68.79% of users gave Remitly Global an outperform vote while only 58.82% of users gave UL Solutions an outperform vote.
In the previous week, Remitly Global had 3 more articles in the media than UL Solutions. MarketBeat recorded 5 mentions for Remitly Global and 2 mentions for UL Solutions. UL Solutions' average media sentiment score of 1.85 beat Remitly Global's score of 0.89 indicating that UL Solutions is being referred to more favorably in the media.
UL Solutions has a beta of 1.21, suggesting that its share price is 21% more volatile than the S&P 500. Comparatively, Remitly Global has a beta of 0.18, suggesting that its share price is 82% less volatile than the S&P 500.
Summary
UL Solutions beats Remitly Global on 10 of the 18 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.
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.
Remitly Global Competitors List
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This page (NASDAQ:RELY) was last updated on 6/12/2025 by MarketBeat.com Staff
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