RELY vs. AKAM, CART, FOUR, HQY, EXLS, WEX, LYFT, ETSY, AMTM, and NVEI
Should you be buying Remitly Global stock or one of its competitors? The main competitors of Remitly Global include Akamai Technologies (AKAM), Maplebear (CART), Shift4 Payments (FOUR), HealthEquity (HQY), ExlService (EXLS), WEX (WEX), Lyft (LYFT), Etsy (ETSY), Amentum (AMTM), and Nuvei (NVEI). These companies are all part of the "business services, not elsewhere classified" industry.
Remitly Global vs.
Remitly Global (NASDAQ:RELY) and Akamai Technologies (NASDAQ:AKAM) are both business services companies, but which is the better business? We will compare the two companies based on the strength of their earnings, media sentiment, analyst recommendations, community ranking, profitability, risk, valuation, institutional ownership and dividends.
74.3% of Remitly Global shares are owned by institutional investors. Comparatively, 94.3% of Akamai Technologies shares are owned by institutional investors. 8.1% of Remitly Global shares are owned by company insiders. Comparatively, 2.0% of Akamai Technologies shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Akamai Technologies has higher revenue and earnings than Remitly Global. Remitly Global is trading at a lower price-to-earnings ratio than Akamai Technologies, indicating that it is currently the more affordable of the two stocks.
Remitly Global currently has a consensus target price of $22.75, indicating a potential upside of 11.19%. Akamai Technologies has a consensus target price of $117.47, indicating a potential upside of 33.55%. Given Akamai Technologies' higher possible upside, analysts plainly believe Akamai Technologies is more favorable than Remitly Global.
In the previous week, Akamai Technologies had 11 more articles in the media than Remitly Global. MarketBeat recorded 20 mentions for Akamai Technologies and 9 mentions for Remitly Global. Akamai Technologies' average media sentiment score of 0.63 beat Remitly Global's score of 0.56 indicating that Akamai Technologies is being referred to more favorably in the news media.
Remitly Global has a beta of 0.03, suggesting that its stock price is 97% less volatile than the S&P 500. Comparatively, Akamai Technologies has a beta of 0.68, suggesting that its stock price is 32% less volatile than the S&P 500.
Akamai Technologies has a net margin of 13.27% compared to Remitly Global's net margin of -5.63%. Akamai Technologies' return on equity of 14.63% beat Remitly Global's return on equity.
Akamai Technologies received 946 more outperform votes than Remitly Global when rated by MarketBeat users. Likewise, 68.69% of users gave Akamai Technologies an outperform vote while only 68.14% of users gave Remitly Global an outperform vote.
Summary
Akamai Technologies beats Remitly Global on 16 of the 19 factors compared between the two stocks.
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New MarketBeat Followers Over Time
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Media Sentiment Over Time
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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This page (NASDAQ:RELY) was last updated on 11/21/2024 by MarketBeat.com Staff
