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Remitly Global (RELY) Competitors

Remitly Global logo
$22.61 +1.00 (+4.63%)
(As of 12/20/2024 05:40 PM ET)

RELY vs. AKAM, CART, FOUR, HQY, EXLS, WEX, ETSY, AMTM, LYFT, 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), Etsy (ETSY), Amentum (AMTM), Lyft (LYFT), and Nuvei (NVEI). These companies are all part of the "business services, not elsewhere classified" industry.

Remitly Global vs.

Akamai Technologies (NASDAQ:AKAM) and Remitly Global (NASDAQ:RELY) are both computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their community ranking, dividends, media sentiment, analyst recommendations, earnings, institutional ownership, valuation, profitability and risk.

In the previous week, Akamai Technologies had 19 more articles in the media than Remitly Global. MarketBeat recorded 24 mentions for Akamai Technologies and 5 mentions for Remitly Global. Remitly Global's average media sentiment score of 1.21 beat Akamai Technologies' score of 0.23 indicating that Remitly Global is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Akamai Technologies
6 Very Positive mention(s)
2 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Remitly Global
3 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Akamai Technologies received 948 more outperform votes than Remitly Global when rated by MarketBeat users. Likewise, 68.68% of users gave Akamai Technologies an outperform vote while only 68.14% of users gave Remitly Global an outperform vote.

CompanyUnderperformOutperform
Akamai TechnologiesOutperform Votes
1226
68.68%
Underperform Votes
559
31.32%
Remitly GlobalOutperform Votes
278
68.14%
Underperform Votes
130
31.86%

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Akamai Technologies$3.97B3.63$547.63M$3.3828.37
Remitly Global$1.18B3.81-$117.84M-$0.35-64.60

Akamai Technologies has a beta of 0.65, meaning that its stock price is 35% less volatile than the S&P 500. Comparatively, Remitly Global has a beta of 0.1, meaning that its stock price is 90% 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.

Company Net Margins Return on Equity Return on Assets
Akamai Technologies13.27% 14.63% 6.85%
Remitly Global -5.63%-11.58%-6.57%

Akamai Technologies presently has a consensus price target of $116.85, indicating a potential upside of 21.86%. Remitly Global has a consensus price target of $22.75, indicating a potential upside of 0.62%. Given Akamai Technologies' higher probable upside, research analysts clearly believe Akamai Technologies is more favorable than Remitly Global.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Akamai Technologies
1 Sell rating(s)
5 Hold rating(s)
14 Buy rating(s)
2 Strong Buy rating(s)
2.77
Remitly Global
0 Sell rating(s)
1 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.89

94.3% of Akamai Technologies shares are held by institutional investors. Comparatively, 74.3% of Remitly Global shares are held by institutional investors. 1.8% of Akamai Technologies shares are held by insiders. Comparatively, 8.1% of Remitly Global shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Summary

Akamai Technologies beats Remitly Global on 15 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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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RELY vs. The Competition

MetricRemitly GlobalBusiness services IndustryBusiness SectorNASDAQ Exchange
Market Cap$4.48B$20.08B$7.27B$9.08B
Dividend YieldN/A2.61%2.34%4.23%
P/E Ratio-64.6028.2128.4117.20
Price / Sales3.8110.88407.80117.04
Price / CashN/A35.3431.3137.85
Price / Book7.915.905.874.78
Net Income-$117.84M$529.51M$126.23M$225.60M
7 Day Performance9.02%-0.64%4.04%-1.23%
1 Month Performance7.46%-3.00%7.09%0.46%
1 Year Performance19.44%14.82%16.88%15.24%

Remitly Global Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RELY
Remitly Global
1.2138 of 5 stars
$22.61
+4.6%
$22.75
+0.6%
+20.6%$4.48B$1.18B-64.602,700Positive News
AKAM
Akamai Technologies
4.1003 of 5 stars
$98.06
-1.2%
$117.21
+19.5%
-19.8%$14.73B$3.97B29.1710,250Analyst Forecast
Analyst Revision
CART
Maplebear
4.241 of 5 stars
$42.62
+2.0%
$47.14
+10.6%
+79.6%$10.95B$3.04B28.563,380Insider Trade
Positive News
FOUR
Shift4 Payments
3.1133 of 5 stars
$104.04
+2.2%
$103.10
-0.9%
+38.9%$9.37B$3.15B55.353,030Analyst Forecast
HQY
HealthEquity
3.2981 of 5 stars
$93.11
-2.6%
$110.71
+18.9%
+45.3%$8.07B$1.15B87.723,150Positive News
EXLS
ExlService
3.8257 of 5 stars
$46.22
+0.6%
$42.86
-7.3%
+47.0%$7.44B$1.63B40.2954,000Positive News
WEX
WEX
4.8661 of 5 stars
$177.18
+0.6%
$235.91
+33.1%
-12.7%$7.05B$2.66B22.365,500Analyst Forecast
ETSY
Etsy
4.4527 of 5 stars
$61.41
+4.1%
$63.17
+2.9%
-33.4%$6.91B$2.75B31.262,420
AMTM
Amentum
N/A$24.20
+5.0%
$30.50
+26.0%
N/A$6.03B$5.62B0.0018,000
LYFT
Lyft
4.6849 of 5 stars
$14.30
+1.1%
$17.77
+24.3%
-13.0%$5.93B$5.46B-88.382,945
NVEI
Nuvei
1.5819 of 5 stars
$33.99
+0.0%
$32.08
-5.6%
+29.2%$4.82B$1.19B226.602,202Positive News
High Trading Volume

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This page (NASDAQ:RELY) was last updated on 12/22/2024 by MarketBeat.com Staff
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