CRDO vs. QFIN, MQ, INST, ICFI, ZETA, KFY, CXM, RIOT, PAY, and FLYW
Should you be buying Credo Technology Group stock or one of its competitors? The main competitors of Credo Technology Group include Qifu Technology (QFIN), Marqeta (MQ), Instructure (INST), ICF International (ICFI), Zeta Global (ZETA), Korn Ferry (KFY), Sprinklr (CXM), Riot Platforms (RIOT), Paymentus (PAY), and Flywire (FLYW). These companies are all part of the "business services" sector.
Credo Technology Group (NASDAQ:CRDO) and Qifu Technology (NASDAQ:QFIN) are both mid-cap business services companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, earnings, community ranking, media sentiment, analyst recommendations, risk, dividends, institutional ownership and profitability.
Credo Technology Group has a beta of 2.03, suggesting that its share price is 103% more volatile than the S&P 500. Comparatively, Qifu Technology has a beta of 0.57, suggesting that its share price is 43% less volatile than the S&P 500.
Qifu Technology received 72 more outperform votes than Credo Technology Group when rated by MarketBeat users. Likewise, 60.71% of users gave Qifu Technology an outperform vote while only 54.55% of users gave Credo Technology Group an outperform vote.
Qifu Technology has a net margin of 26.29% compared to Credo Technology Group's net margin of -20.59%. Qifu Technology's return on equity of 20.44% beat Credo Technology Group's return on equity.
80.5% of Credo Technology Group shares are owned by institutional investors. Comparatively, 74.8% of Qifu Technology shares are owned by institutional investors. 23.9% of Credo Technology Group shares are owned by insiders. Comparatively, 17.1% of Qifu Technology shares are owned 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.
In the previous week, Credo Technology Group had 5 more articles in the media than Qifu Technology. MarketBeat recorded 8 mentions for Credo Technology Group and 3 mentions for Qifu Technology. Qifu Technology's average media sentiment score of 0.56 beat Credo Technology Group's score of 0.27 indicating that Qifu Technology is being referred to more favorably in the news media.
Credo Technology Group presently has a consensus target price of $24.25, suggesting a potential upside of 40.91%. Qifu Technology has a consensus target price of $24.73, suggesting a potential upside of 24.23%. Given Credo Technology Group's higher probable upside, equities analysts plainly believe Credo Technology Group is more favorable than Qifu Technology.
Qifu Technology has higher revenue and earnings than Credo Technology Group. Credo Technology Group is trading at a lower price-to-earnings ratio than Qifu Technology, indicating that it is currently the more affordable of the two stocks.
Summary
Qifu Technology beats Credo Technology Group on 11 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding CRDO 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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