HGTY vs. ACT, CRVL, BWIN, BRP, GSHD, WDH, SLQT, GOCO, RDZN, and FANH
Should you be buying Hagerty stock or one of its competitors? The main competitors of Hagerty include Enact (ACT), CorVel (CRVL), The Baldwin Insurance Group (BWIN), The Baldwin Insurance Group (BRP), Goosehead Insurance (GSHD), Waterdrop (WDH), SelectQuote (SLQT), GoHealth (GOCO), Roadzen (RDZN), and Fanhua (FANH). These companies are all part of the "insurance agents, brokers, & service" industry.
Hagerty (NYSE:HGTY) and Enact (NASDAQ:ACT) are both mid-cap retail/wholesale companies, but which is the superior business? We will compare the two companies based on the strength of their media sentiment, institutional ownership, earnings, profitability, analyst recommendations, dividends, valuation, risk and community ranking.
20.5% of Hagerty shares are held by institutional investors. Comparatively, 18.0% of Enact shares are held by institutional investors. 17.9% of Hagerty shares are held by insiders. Comparatively, 0.2% of Enact shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
In the previous week, Hagerty had 3 more articles in the media than Enact. MarketBeat recorded 9 mentions for Hagerty and 6 mentions for Enact. Hagerty's average media sentiment score of 0.58 beat Enact's score of 0.15 indicating that Hagerty is being referred to more favorably in the media.
Enact has higher revenue and earnings than Hagerty. Enact is trading at a lower price-to-earnings ratio than Hagerty, indicating that it is currently the more affordable of the two stocks.
Hagerty currently has a consensus price target of $10.00, suggesting a potential upside of 3.95%. Enact has a consensus price target of $0.00, suggesting a potential upside of 0.00%. Given Hagerty's stronger consensus rating and higher possible upside, equities research analysts plainly believe Hagerty is more favorable than Enact.
Enact has a net margin of 55.87% compared to Hagerty's net margin of 1.82%. Enact's return on equity of 14.68% beat Hagerty's return on equity.
Hagerty has a beta of 0.77, meaning that its share price is 23% less volatile than the S&P 500. Comparatively, Enact has a beta of 0.6, meaning that its share price is 40% less volatile than the S&P 500.
Enact received 62 more outperform votes than Hagerty when rated by MarketBeat users. Likewise, 48.44% of users gave Enact an outperform vote while only 0.00% of users gave Hagerty an outperform vote.
Summary
Enact beats Hagerty on 9 of the 17 factors compared between the two stocks.
Get Hagerty News Delivered to You Automatically
Sign up to receive the latest news and ratings for HGTY and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding HGTY 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.
Related Companies and Tools
