SNAP vs. SHOP, PLTR, TTD, SNOW, DDOG, BIDU, VEEV, NET, PINS, and HUBS
Should you be buying Snap stock or one of its competitors? The main competitors of Snap include Shopify (SHOP), Palantir Technologies (PLTR), Trade Desk (TTD), Snowflake (SNOW), Datadog (DDOG), Baidu (BIDU), Veeva Systems (VEEV), Cloudflare (NET), Pinterest (PINS), and HubSpot (HUBS). These companies are all part of the "computer software" industry.
Snap (NYSE:SNAP) and Shopify (NYSE:SHOP) are both large-cap computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their institutional ownership, risk, community ranking, earnings, valuation, media sentiment, profitability, analyst recommendations and dividends.
In the previous week, Shopify had 11 more articles in the media than Snap. MarketBeat recorded 27 mentions for Shopify and 16 mentions for Snap. Snap's average media sentiment score of 0.55 beat Shopify's score of 0.54 indicating that Snap is being referred to more favorably in the media.
47.5% of Snap shares are held by institutional investors. Comparatively, 69.3% of Shopify shares are held by institutional investors. 22.7% of Snap shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Shopify has a net margin of -2.82% compared to Snap's net margin of -26.99%. Shopify's return on equity of 7.36% beat Snap's return on equity.
Snap currently has a consensus price target of $14.94, suggesting a potential upside of 12.06%. Shopify has a consensus price target of $77.62, suggesting a potential upside of 29.54%. Given Shopify's stronger consensus rating and higher probable upside, analysts plainly believe Shopify is more favorable than Snap.
Shopify received 296 more outperform votes than Snap when rated by MarketBeat users. Likewise, 66.81% of users gave Shopify an outperform vote while only 59.33% of users gave Snap an outperform vote.
Snap has a beta of 1.03, suggesting that its stock price is 3% more volatile than the S&P 500. Comparatively, Shopify has a beta of 2.3, suggesting that its stock price is 130% more volatile than the S&P 500.
Shopify has higher revenue and earnings than Snap. Shopify is trading at a lower price-to-earnings ratio than Snap, indicating that it is currently the more affordable of the two stocks.
Summary
Shopify beats Snap on 15 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SNAP 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 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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