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Red Cat (RCAT) Competitors

$1.00
-0.01 (-0.99%)
(As of 05/31/2024 ET)

RCAT vs. MTLS, RDVT, AEYE, BLZE, DOMO, ONTF, INSE, ALAR, API, and GMGI

Should you be buying Red Cat stock or one of its competitors? The main competitors of Red Cat include Materialise (MTLS), Red Violet (RDVT), AudioEye (AEYE), Backblaze (BLZE), Domo (DOMO), ON24 (ONTF), Inspired Entertainment (INSE), Alarum Technologies (ALAR), Agora (API), and Golden Matrix Group (GMGI). These companies are all part of the "prepackaged software" industry.

Red Cat vs.

Materialise (NASDAQ:MTLS) and Red Cat (NASDAQ:RCAT) are both small-cap computer and technology companies, but which is the superior stock? We will contrast the two businesses based on the strength of their community ranking, analyst recommendations, valuation, dividends, media sentiment, risk, profitability, earnings and institutional ownership.

Materialise presently has a consensus target price of $9.50, indicating a potential upside of 90.00%. Given Red Cat's higher probable upside, equities research analysts clearly believe Materialise is more favorable than Red Cat.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Materialise
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
Red Cat
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

19.3% of Materialise shares are held by institutional investors. Comparatively, 38.0% of Red Cat shares are held by institutional investors. 1.2% of Materialise shares are held by company insiders. Comparatively, 30.5% of Red Cat shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

In the previous week, Materialise had 2 more articles in the media than Red Cat. MarketBeat recorded 6 mentions for Materialise and 4 mentions for Red Cat. Materialise's average media sentiment score of 0.90 beat Red Cat's score of 0.77 indicating that Red Cat is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Materialise
1 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Red Cat
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Materialise has higher revenue and earnings than Red Cat. Red Cat is trading at a lower price-to-earnings ratio than Materialise, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Materialise$277.18M1.07$7.28M$0.1241.67
Red Cat$9.91M7.50-$27.09M-$0.52-1.92

Materialise has a net margin of 2.55% compared to Materialise's net margin of -206.42%. Red Cat's return on equity of 4.51% beat Materialise's return on equity.

Company Net Margins Return on Equity Return on Assets
Materialise2.55% 4.51% 2.69%
Red Cat -206.42%-52.40%-47.59%

Materialise received 320 more outperform votes than Red Cat when rated by MarketBeat users. However, 100.00% of users gave Red Cat an outperform vote while only 62.40% of users gave Materialise an outperform vote.

CompanyUnderperformOutperform
MaterialiseOutperform Votes
322
62.40%
Underperform Votes
194
37.60%
Red CatOutperform Votes
2
100.00%
Underperform Votes
No Votes

Summary

Materialise beats Red Cat on 11 of the 16 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding RCAT 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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RCAT vs. The Competition

MetricRed CatPrepackaged software IndustryBusiness SectorNASDAQ Exchange
Market Cap$74.28M$20.96B$6.65B$7.96B
Dividend YieldN/A2.12%2.91%4.01%
P/E Ratio-1.9275.7220.2118.57
Price / Sales7.508.09584.3491.65
Price / CashN/A67.4729.3231.51
Price / Book1.008.714.664.59
Net Income-$27.09M$365.37M$119.57M$213.90M
7 Day Performance-2.44%-3.20%-0.32%0.87%
1 Month Performance-33.77%-3.25%1.39%3.60%
1 Year Performance5.22%4.84%6.55%7.91%

Red Cat Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MTLS
Materialise
3.0047 of 5 stars
$5.00
-1.2%
$9.50
+90.0%
-48.2%$295.34M$253.88M41.672,437Analyst Downgrade
Short Interest ↓
News Coverage
RDVT
Red Violet
2.2452 of 5 stars
$20.97
+0.8%
$25.00
+19.2%
+2.7%$287.92M$60.20M20.56183Positive News
AEYE
AudioEye
1.1245 of 5 stars
$24.00
+1.1%
$18.50
-22.9%
+298.0%$279.36M$31.32M-61.54114Short Interest ↑
BLZE
Backblaze
3.12 of 5 stars
$6.11
-5.7%
$14.00
+129.1%
+42.1%$253.57M$102.02M-4.30393Short Interest ↓
DOMO
Domo
3.3884 of 5 stars
$6.66
+3.6%
$10.20
+53.2%
-48.8%$253.28M$318.99M-3.17958High Trading Volume
ONTF
ON24
2.902 of 5 stars
$5.94
-1.0%
$8.00
+34.7%
-23.5%$248.71M$163.71M-5.71462Short Interest ↓
INSE
Inspired Entertainment
2.5565 of 5 stars
$9.11
+1.1%
$16.00
+75.6%
-33.8%$242.05M$323M151.861,700Short Interest ↑
ALAR
Alarum Technologies
0.2179 of 5 stars
$35.58
-2.2%
$23.00
-35.4%
+1,208.1%$228.74M$29.22M-24.2052Short Interest ↑
News Coverage
Gap Up
API
Agora
2.5634 of 5 stars
$2.46
-0.8%
$3.20
+30.1%
-18.7%$226.81M$141.54M-3.041,001Short Interest ↓
GMGI
Golden Matrix Group
0.3698 of 5 stars
$6.07
+1.2%
N/A+155.0%$222.28M$44.17M-303.5030Short Interest ↑

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This page (NASDAQ:RCAT) was last updated on 6/2/2024 by MarketBeat.com Staff

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