PLTR vs. SQ, GEN, DOCU, PAYX, WCN, FIS, CPRT, NU, SPOT, and RSG
Should you be buying Palantir Technologies stock or one of its competitors? The main competitors of Palantir Technologies include Block (SQ), Gen Digital (GEN), DocuSign (DOCU), Paychex (PAYX), Waste Connections (WCN), Fidelity National Information Services (FIS), Copart (CPRT), NU (NU), Spotify Technology (SPOT), and Republic Services (RSG). These companies are all part of the "business services" sector.
Block (NYSE:SQ) and Palantir Technologies (NYSE:PLTR) are both large-cap business services companies, but which is the better stock? We will contrast the two companies based on the strength of their analyst recommendations, profitability, media sentiment, institutional ownership, risk, dividends, valuation, earnings and community ranking.
Block presently has a consensus target price of $87.59, suggesting a potential upside of 25.60%. Palantir Technologies has a consensus target price of $20.65, suggesting a potential downside of 1.32%. Given Palantir Technologies' stronger consensus rating and higher probable upside, equities research analysts plainly believe Block is more favorable than Palantir Technologies.
Block has a beta of 2.57, suggesting that its share price is 157% more volatile than the S&P 500. Comparatively, Palantir Technologies has a beta of 2.76, suggesting that its share price is 176% more volatile than the S&P 500.
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 44.91% of users gave Palantir Technologies an outperform vote.
In the previous week, Palantir Technologies had 109 more articles in the media than Block. MarketBeat recorded 130 mentions for Palantir Technologies and 21 mentions for Block. Block's average media sentiment score of 0.38 beat Palantir Technologies' score of 0.19 indicating that Palantir Technologies is being referred to more favorably in the news media.
70.4% of Block shares are owned by institutional investors. Comparatively, 45.7% of Palantir Technologies shares are owned by institutional investors. 10.8% of Block shares are owned by company insiders. Comparatively, 14.0% of Palantir Technologies shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Palantir Technologies has a net margin of 12.79% compared to Palantir Technologies' net margin of 2.18%. Block's return on equity of 8.28% beat Palantir Technologies' return on equity.
Palantir Technologies has lower revenue, but higher earnings 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.
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 PLTR 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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