RDVT vs. PRCH, ONTF, CTV, BLZE, DOMO, MTLS, AMSWA, AEYE, MIXT, and CRNC
Should you be buying Red Violet stock or one of its competitors? The main competitors of Red Violet include Porch Group (PRCH), ON24 (ONTF), Innovid (CTV), Backblaze (BLZE), Domo (DOMO), Materialise (MTLS), American Software (AMSWA), AudioEye (AEYE), MiX Telematics (MIXT), and Cerence (CRNC). These companies are all part of the "prepackaged software" industry.
Porch Group (NASDAQ:PRCH) and Red Violet (NASDAQ:RDVT) are both small-cap computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, valuation, risk, earnings, media sentiment, dividends, profitability, community ranking and analyst recommendations.
Red Violet received 29 more outperform votes than Porch Group when rated by MarketBeat users. However, 64.91% of users gave Porch Group an outperform vote while only 62.26% of users gave Red Violet an outperform vote.
48.5% of Porch Group shares are held by institutional investors. Comparatively, 63.6% of Red Violet shares are held by institutional investors. 23.5% of Porch Group shares are held by insiders. Comparatively, 10.4% of Red Violet shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Red Violet has lower revenue, but higher earnings than Porch Group. Porch Group is trading at a lower price-to-earnings ratio than Red Violet, indicating that it is currently the more affordable of the two stocks.
Porch Group currently has a consensus price target of $7.19, suggesting a potential upside of 157.62%. Red Violet has a consensus price target of $25.00, suggesting a potential upside of 22.25%. Given Red Violet's higher probable upside, equities research analysts plainly believe Porch Group is more favorable than Red Violet.
In the previous week, Red Violet had 4 more articles in the media than Porch Group. MarketBeat recorded 4 mentions for Red Violet and 0 mentions for Porch Group. Porch Group's average media sentiment score of 0.95 beat Red Violet's score of -0.28 indicating that Red Violet is being referred to more favorably in the news media.
Porch Group has a beta of 2.22, suggesting that its stock price is 122% more volatile than the S&P 500. Comparatively, Red Violet has a beta of 1.16, suggesting that its stock price is 16% more volatile than the S&P 500.
Red Violet has a net margin of 23.14% compared to Red Violet's net margin of -23.68%. Porch Group's return on equity of 17.94% beat Red Violet's return on equity.
Summary
Red Violet beats Porch Group on 12 of the 18 factors compared between the two stocks.
This chart shows the number of new MarketBeat users adding RDVT 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 NASDAQ 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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