SQ vs. PLTR, GEN, DOCU, PAYX, WCN, FIS, NU, CPRT, SPOT, and MRVL
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), Paychex (PAYX), Waste Connections (WCN), Fidelity National Information Services (FIS), NU (NU), Copart (CPRT), Spotify Technology (SPOT), and Marvell Technology (MRVL). 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 contrast the two companies based on the strength of their profitability, earnings, valuation, media sentiment, analyst recommendations, dividends, risk, community ranking and institutional ownership.
Palantir Technologies has a beta of 2.76, suggesting that its share price is 176% more volatile than the S&P 500. Comparatively, Block has a beta of 2.57, suggesting that its share price is 157% more volatile than the S&P 500.
Palantir Technologies currently has a consensus price target of $19.19, indicating a potential downside of 23.90%. Block has a consensus price target of $87.55, indicating a potential upside of 19.06%. Given Palantir Technologies' stronger consensus rating and higher possible upside, analysts plainly 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.
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 46.30% of users gave Palantir Technologies an outperform vote.
Palantir Technologies has a net margin of 9.43% compared to Palantir Technologies' net margin of 2.18%. Block's return on equity of 6.17% beat Palantir Technologies' return on equity.
45.7% of Palantir Technologies shares are owned by institutional investors. Comparatively, 70.4% of Block shares are owned by institutional investors. 14.0% of Palantir Technologies shares are owned by company insiders. Comparatively, 10.8% of Block shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
In the previous week, Palantir Technologies had 3 more articles in the media than Block. MarketBeat recorded 65 mentions for Palantir Technologies and 62 mentions for Block. Block's average media sentiment score of 0.52 beat Palantir Technologies' score of 0.13 indicating that Palantir Technologies is being referred to more favorably in the media.
Summary
Palantir Technologies beats Block on 10 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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