SPOT vs. RSG, MRVL, TT, CPRT, NU, TRI, PLTR, SQ, PAYX, and WCN
Should you be buying Spotify Technology stock or one of its competitors? The main competitors of Spotify Technology include Republic Services (RSG), Marvell Technology (MRVL), Trane Technologies (TT), Copart (CPRT), NU (NU), Thomson Reuters (TRI), Palantir Technologies (PLTR), Block (SQ), Paychex (PAYX), and Waste Connections (WCN). These companies are all part of the "business services" sector.
Republic Services (NYSE:RSG) and Spotify Technology (NYSE:SPOT) are both large-cap business services companies, but which is the better business? We will contrast the two businesses based on the strength of their analyst recommendations, risk, community ranking, valuation, profitability, earnings, institutional ownership, dividends and media sentiment.
Republic Services has a beta of 0.68, indicating that its stock price is 32% less volatile than the S&P 500. Comparatively, Spotify Technology has a beta of 1.63, indicating that its stock price is 63% more volatile than the S&P 500.
57.7% of Republic Services shares are owned by institutional investors. Comparatively, 84.1% of Spotify Technology shares are owned by institutional investors. 0.1% of Republic Services shares are owned by company insiders. Comparatively, 0.4% of Spotify Technology shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Republic Services has higher revenue and earnings than Spotify Technology. Spotify Technology is trading at a lower price-to-earnings ratio than Republic Services, indicating that it is currently the more affordable of the two stocks.
Republic Services has a net margin of 11.57% compared to Republic Services' net margin of -0.80%. Spotify Technology's return on equity of 17.32% beat Republic Services' return on equity.
Republic Services received 117 more outperform votes than Spotify Technology when rated by MarketBeat users. Likewise, 65.08% of users gave Republic Services an outperform vote while only 60.61% of users gave Spotify Technology an outperform vote.
Republic Services presently has a consensus target price of $199.77, suggesting a potential upside of 4.05%. Spotify Technology has a consensus target price of $301.81, suggesting a potential upside of 7.28%. Given Republic Services' stronger consensus rating and higher probable upside, analysts plainly believe Spotify Technology is more favorable than Republic Services.
In the previous week, Spotify Technology had 91 more articles in the media than Republic Services. MarketBeat recorded 102 mentions for Spotify Technology and 11 mentions for Republic Services. Spotify Technology's average media sentiment score of 1.00 beat Republic Services' score of 0.71 indicating that Republic Services is being referred to more favorably in the media.
Summary
Republic Services beats Spotify Technology on 11 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SPOT 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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