SPOT vs. VRSK, WCN, FIS, IT, NU, SQ, GPN, SYM, PLTR, and PAYX
Should you be buying Spotify Technology stock or one of its competitors? The main competitors of Spotify Technology include Verisk Analytics (VRSK), Waste Connections (WCN), Fidelity National Information Services (FIS), Gartner (IT), NU (NU), Block (SQ), Global Payments (GPN), Symbotic (SYM), Palantir Technologies (PLTR), and Paychex (PAYX). These companies are all part of the "business services" sector.
Spotify Technology (NYSE:SPOT) and Verisk Analytics (NASDAQ:VRSK) are both large-cap business services companies, but which is the better business? We will contrast the two companies based on the strength of their profitability, community ranking, institutional ownership, analyst recommendations, risk, media sentiment, dividends, earnings and valuation.
Spotify Technology presently has a consensus target price of $169.50, suggesting a potential downside of 7.03%. Verisk Analytics has a consensus target price of $248.23, suggesting a potential upside of 4.18%. Given Verisk Analytics' higher probable upside, analysts clearly believe Verisk Analytics is more favorable than Spotify Technology.
Verisk Analytics has lower revenue, but higher earnings than Spotify Technology. Spotify Technology is trading at a lower price-to-earnings ratio than Verisk Analytics, indicating that it is currently the more affordable of the two stocks.
In the previous week, Spotify Technology had 30 more articles in the media than Verisk Analytics. MarketBeat recorded 39 mentions for Spotify Technology and 9 mentions for Verisk Analytics. Verisk Analytics' average media sentiment score of 1.43 beat Spotify Technology's score of 0.47 indicating that Verisk Analytics is being referred to more favorably in the news media.
Verisk Analytics has a net margin of 19.04% compared to Spotify Technology's net margin of -5.70%. Verisk Analytics' return on equity of 135.34% beat Spotify Technology's return on equity.
Verisk Analytics received 223 more outperform votes than Spotify Technology when rated by MarketBeat users. Likewise, 65.43% of users gave Verisk Analytics an outperform vote while only 58.87% of users gave Spotify Technology an outperform vote.
Spotify Technology has a beta of 1.65, suggesting that its share price is 65% more volatile than the S&P 500. Comparatively, Verisk Analytics has a beta of 0.85, suggesting that its share price is 15% less volatile than the S&P 500.
56.9% of Spotify Technology shares are owned by institutional investors. Comparatively, 90.8% of Verisk Analytics shares are owned by institutional investors. 0.4% of Spotify Technology shares are owned by company insiders. Comparatively, 1.3% of Verisk Analytics 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.
Summary
Verisk Analytics beats Spotify Technology on 13 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.
Spotify Technology Competitors List
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