SPOT vs. NU, CPRT, MRVL, RSG, PLTR, PAYX, SQ, WCN, FIS, and TT Should you be buying Spotify Technology stock or one of its competitors? The main competitors of Spotify Technology include NU (NU), Copart (CPRT), Marvell Technology (MRVL), Republic Services (RSG), Palantir Technologies (PLTR), Paychex (PAYX), Block (SQ), Waste Connections (WCN), Fidelity National Information Services (FIS), and Trane Technologies (TT). These companies are all part of the "business services" sector.
NU (NYSE:NU ) and Spotify Technology (NYSE:SPOT ) are both large-cap business services companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, risk, community ranking, dividends, valuation, earnings, media sentiment, institutional ownership and profitability.
NU has a beta of 1.11, indicating that its share price is 11% more volatile than the S&P 500. Comparatively, Spotify Technology has a beta of 1.61, indicating that its share price is 61% more volatile than the S&P 500.
Spotify Technology received 334 more outperform votes than NU when rated by MarketBeat users. Likewise, 60.50% of users gave Spotify Technology an outperform vote while only 53.06% of users gave NU an outperform vote.
NU has higher earnings, but lower revenue than Spotify Technology. Spotify Technology is trading at a lower price-to-earnings ratio than NU, indicating that it is currently the more affordable of the two stocks.
80.9% of NU shares are held by institutional investors. Comparatively, 84.1% of Spotify Technology shares are held by institutional investors. 1.2% of NU shares are held by company insiders. Comparatively, 0.4% of Spotify Technology shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
NU has a net margin of 13.86% compared to NU's net margin of -0.80%. Spotify Technology's return on equity of 22.94% beat NU's return on equity.
NU currently has a consensus price target of $10.74, indicating a potential downside of 7.91%. Spotify Technology has a consensus price target of $306.42, indicating a potential upside of 1.19%. Given NU's higher probable upside, analysts plainly believe Spotify Technology is more favorable than NU.
In the previous week, NU had 17 more articles in the media than Spotify Technology. MarketBeat recorded 40 mentions for NU and 23 mentions for Spotify Technology. Spotify Technology's average media sentiment score of 0.46 beat NU's score of 0.40 indicating that NU is being referred to more favorably in the media.
Summary NU beats Spotify Technology on 11 of the 18 factors compared between the two stocks.
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.
Skip Chart 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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