SQ vs. PLTR, GEN, DOCU, PATH, ESTC, PAYX, WCN, FIS, CPRT, and VRSK
Should you be buying Block stock or one of its competitors? The main competitors of Block include Palantir Technologies (PLTR), Gen Digital (GEN), DocuSign (DOCU), UiPath (PATH), Elastic (ESTC), Paychex (PAYX), Waste Connections (WCN), Fidelity National Information Services (FIS), Copart (CPRT), and Verisk Analytics (VRSK). These companies are all part of the "business services" sector.
Palantir Technologies (NYSE:PLTR) and Block (NYSE:SQ) are both large-cap business services companies, but which is the superior investment? We will compare the two companies based on the strength of their community ranking, valuation, institutional ownership, dividends, earnings, profitability, media sentiment, analyst recommendations and risk.
In the previous week, Palantir Technologies had 47 more articles in the media than Block. MarketBeat recorded 63 mentions for Palantir Technologies and 16 mentions for Block. Palantir Technologies' average media sentiment score of 0.87 beat Block's score of 0.39 indicating that Block is being referred to more favorably in the news media.
Palantir Technologies has a net margin of 12.79% compared to Palantir Technologies' net margin of 2.18%. Block's return on equity of 8.28% beat Palantir Technologies' return on equity.
45.7% of Palantir Technologies shares are held by institutional investors. Comparatively, 70.4% of Block shares are held by institutional investors. 14.0% of Palantir Technologies shares are held by company insiders. Comparatively, 10.8% of Block shares are held 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.
Block received 1344 more outperform votes than Palantir Technologies when rated by MarketBeat users. Likewise, 69.52% of users gave Block an outperform vote while only 44.91% of users gave Palantir Technologies an outperform vote.
Palantir Technologies has a beta of 2.76, meaning that its stock price is 176% more volatile than the S&P 500. Comparatively, Block has a beta of 2.57, meaning that its stock price is 157% more volatile than the S&P 500.
Palantir Technologies currently has a consensus price target of $20.65, suggesting a potential downside of 5.06%. Block has a consensus price target of $87.59, suggesting a potential upside of 21.19%. Given Palantir Technologies' stronger consensus rating and higher possible upside, analysts clearly believe Block is more favorable than Palantir Technologies.
Palantir Technologies has higher earnings, but lower revenue than Block. Block is trading at a lower price-to-earnings ratio than Palantir Technologies, indicating that it is currently the more affordable of the two stocks.
Summary
Palantir Technologies and Block tied by winning 9 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SQ 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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