KORE Group (KORE) Competitors

$0.77
-0.04 (-4.97%)
(As of 04/25/2024 ET)

KORE vs. SURG, CXDO, SOTK, ASYS, CODA, UPLD, LDTC, SNCR, ELTK, and GCTS

Should you be buying KORE Group stock or one of its competitors? The main competitors of KORE Group include SurgePays (SURG), Crexendo (CXDO), Sono-Tek (SOTK), Amtech Systems (ASYS), Coda Octopus Group (CODA), Upland Software (UPLD), LeddarTech (LDTC), Synchronoss Technologies (SNCR), Eltek (ELTK), and GCT Semiconductor (GCTS). These companies are all part of the "computer and technology" sector.

KORE Group vs.

KORE Group (NYSE:KORE) and SurgePays (NASDAQ:SURG) are both small-cap computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, profitability, media sentiment, earnings, analyst recommendations, institutional ownership, risk, community ranking and valuation.

KORE Group presently has a consensus price target of $2.94, suggesting a potential upside of 284.26%. SurgePays has a consensus price target of $10.00, suggesting a potential upside of 197.62%. Given KORE Group's stronger consensus rating and higher possible upside, equities analysts clearly believe KORE Group is more favorable than SurgePays.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
KORE Group
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60
SurgePays
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50

SurgePays received 162 more outperform votes than KORE Group when rated by MarketBeat users. Likewise, 68.72% of users gave SurgePays an outperform vote while only 16.13% of users gave KORE Group an outperform vote.

CompanyUnderperformOutperform
KORE GroupOutperform Votes
5
16.13%
Underperform Votes
26
83.87%
SurgePaysOutperform Votes
167
68.72%
Underperform Votes
76
31.28%

SurgePays has a net margin of 15.03% compared to KORE Group's net margin of -60.39%. SurgePays' return on equity of 104.66% beat KORE Group's return on equity.

Company Net Margins Return on Equity Return on Assets
KORE Group-60.39% -85.34% -14.75%
SurgePays 15.03%104.66%49.78%

57.5% of KORE Group shares are held by institutional investors. Comparatively, 6.9% of SurgePays shares are held by institutional investors. 0.8% of KORE Group shares are held by insiders. Comparatively, 29.4% of SurgePays shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

In the previous week, SurgePays had 4 more articles in the media than KORE Group. MarketBeat recorded 6 mentions for SurgePays and 2 mentions for KORE Group. SurgePays' average media sentiment score of 0.33 beat KORE Group's score of 0.02 indicating that SurgePays is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
KORE Group
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
SurgePays
2 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

KORE Group has a beta of 2.81, suggesting that its stock price is 181% more volatile than the S&P 500. Comparatively, SurgePays has a beta of 1.08, suggesting that its stock price is 8% more volatile than the S&P 500.

SurgePays has lower revenue, but higher earnings than KORE Group. KORE Group is trading at a lower price-to-earnings ratio than SurgePays, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
KORE Group$276.61M0.23-$167.04M-$1.93-0.40
SurgePays$137.14M0.47$20.62M$1.392.42

Summary

SurgePays beats KORE Group on 12 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding KORE 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 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.
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KORE vs. The Competition

MetricKORE GroupCommunication services IndustryComputer SectorNYSE Exchange
Market Cap$63.66M$1.42B$19.45B$17.39B
Dividend YieldN/A4.36%2.72%3.53%
P/E Ratio-0.409.38252.2325.07
Price / Sales0.236.16521.4710.66
Price / Cash1.1111.9928.1317.79
Price / Book1.703.506.674.90
Net Income-$167.04M-$290.72M$646.71M$964.96M
7 Day Performance-7.53%0.25%1.87%1.22%
1 Month Performance-8.92%-7.80%-2.83%-2.16%
1 Year Performance-34.61%-16.71%16.75%103.12%

KORE Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SURG
SurgePays
2.0339 of 5 stars
$3.66
-2.1%
$10.00
+173.2%
-21.9%$70.60M$137.14M2.6322Analyst Revision
CXDO
Crexendo
1.6834 of 5 stars
$4.29
-2.5%
$6.88
+60.3%
+216.3%$110.25M$53.20M-214.50182
SOTK
Sono-Tek
0.369 of 5 stars
$4.15
-3.0%
N/A-22.4%$65.32M$15.06M59.2973Positive News
Gap Down
ASYS
Amtech Systems
2.519 of 5 stars
$4.84
+0.8%
N/A-43.2%$68.68M$113.32M-3.59405Short Interest ↓
News Coverage
Positive News
CODA
Coda Octopus Group
2.2851 of 5 stars
$6.17
+0.8%
$10.00
+62.1%
-13.5%$68.92M$19.35M29.3883
UPLD
Upland Software
3.518 of 5 stars
$2.24
-3.0%
$3.83
+71.1%
-38.3%$64.62M$297.85M-0.391,061Upcoming Earnings
News Coverage
Gap Up
LDTC
LeddarTech
1.9401 of 5 stars
$2.22
-3.1%
$7.00
+215.3%
N/A$63.87M$6.50M0.00150Short Interest ↓
Gap Down
SNCR
Synchronoss Technologies
0.8965 of 5 stars
$6.85
-9.3%
$36.00
+425.5%
-23.6%$70.62M$164.20M-1.031,321
ELTK
Eltek
3.9887 of 5 stars
$10.25
+3.1%
N/A+186.4%$62.21M$46.70M9.58294Short Interest ↓
GCTS
GCT Semiconductor
0 of 5 stars
$4.88
-12.4%
N/AN/A$61.34MN/A0.00N/AGap Down

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This page (NYSE:KORE) was last updated on 4/26/2024 by MarketBeat.com Staff

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