RNG vs. TOST, RDDT, GLOB, BILI, MARA, PEGA, STNE, PAGS, CLVT, and FIVN
Should you be buying RingCentral stock or one of its competitors? The main competitors of RingCentral include Toast (TOST), Reddit (RDDT), Globant (GLOB), Bilibili (BILI), Marathon Digital (MARA), Pegasystems (PEGA), StoneCo (STNE), PagSeguro Digital (PAGS), Clarivate (CLVT), and Five9 (FIVN). These companies are all part of the "data processing & preparation" industry.
RingCentral (NYSE:RNG) and Toast (NYSE:TOST) are both computer and technology companies, but which is the better business? We will compare the two businesses based on the strength of their risk, media sentiment, valuation, institutional ownership, earnings, community ranking, dividends, profitability and analyst recommendations.
In the previous week, Toast had 16 more articles in the media than RingCentral. MarketBeat recorded 22 mentions for Toast and 6 mentions for RingCentral. RingCentral's average media sentiment score of 1.05 beat Toast's score of 0.55 indicating that RingCentral is being referred to more favorably in the media.
RingCentral presently has a consensus target price of $39.28, suggesting a potential upside of 14.85%. Toast has a consensus target price of $26.14, suggesting a potential upside of 7.89%. Given RingCentral's stronger consensus rating and higher possible upside, research analysts clearly believe RingCentral is more favorable than Toast.
98.6% of RingCentral shares are held by institutional investors. Comparatively, 82.9% of Toast shares are held by institutional investors. 6.8% of RingCentral shares are held by insiders. Comparatively, 13.3% of Toast shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
RingCentral has higher earnings, but lower revenue than Toast. Toast is trading at a lower price-to-earnings ratio than RingCentral, indicating that it is currently the more affordable of the two stocks.
RingCentral received 855 more outperform votes than Toast when rated by MarketBeat users. Likewise, 73.17% of users gave RingCentral an outperform vote while only 37.59% of users gave Toast an outperform vote.
Toast has a net margin of -6.02% compared to RingCentral's net margin of -6.18%. RingCentral's return on equity of 0.00% beat Toast's return on equity.
RingCentral has a beta of 0.94, meaning that its share price is 6% less volatile than the S&P 500. Comparatively, Toast has a beta of 1.77, meaning that its share price is 77% more volatile than the S&P 500.
Summary
RingCentral beats Toast 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.
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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