RNG vs. YY, STNE, PEGA, CSGS, UPWK, ETWO, SSTK, DXC, TASK, and CLVT
Should you be buying RingCentral stock or one of its competitors? The main competitors of RingCentral include JOYY (YY), StoneCo (STNE), Pegasystems (PEGA), CSG Systems International (CSGS), Upwork (UPWK), E2open Parent (ETWO), Shutterstock (SSTK), DXC Technology (DXC), TaskUs (TASK), and Clarivate (CLVT). These companies are all part of the "data processing & preparation" industry.
RingCentral (NYSE:RNG) and JOYY (NASDAQ:YY) are both mid-cap computer and technology companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, risk, media sentiment, profitability, community ranking, dividends, valuation, institutional ownership and earnings.
RingCentral presently has a consensus target price of $43.52, indicating a potential upside of 50.70%. JOYY has a consensus target price of $41.50, indicating a potential upside of 8.44%. Given RingCentral's higher probable upside, equities analysts plainly believe RingCentral is more favorable than JOYY.
JOYY has higher revenue and earnings than RingCentral. RingCentral is trading at a lower price-to-earnings ratio than JOYY, indicating that it is currently the more affordable of the two stocks.
RingCentral has a beta of 0.92, meaning that its share price is 8% less volatile than the S&P 500. Comparatively, JOYY has a beta of 0.62, meaning that its share price is 38% less volatile than the S&P 500.
In the previous week, JOYY had 5 more articles in the media than RingCentral. MarketBeat recorded 6 mentions for JOYY and 1 mentions for RingCentral. JOYY's average media sentiment score of 0.54 beat RingCentral's score of -0.15 indicating that JOYY is being referred to more favorably in the news media.
84.5% of RingCentral shares are held by institutional investors. Comparatively, 36.8% of JOYY shares are held by institutional investors. 6.5% of RingCentral shares are held by insiders. Comparatively, 43.0% of JOYY 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.
RingCentral received 350 more outperform votes than JOYY when rated by MarketBeat users. Likewise, 74.01% of users gave RingCentral an outperform vote while only 67.49% of users gave JOYY an outperform vote.
JOYY has a net margin of 13.81% compared to RingCentral's net margin of -30.59%. JOYY's return on equity of 4.60% beat RingCentral's return on equity.
Summary
JOYY beats RingCentral on 11 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding RNG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis 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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