RNG vs. TOST, RDDT, GLOB, BILI, MARA, PEGA, STNE, PAGS, CLVT, and PLTK
Should you be buying RingCentral stock or one of its competitors? The main competitors of RingCentral include Toast (TOST), Reddit (RDDT), Globant (GLOB), Bilibili (BILI), Marathon Digital (MARA), Pegasystems (PEGA), StoneCo (STNE), PagSeguro Digital (PAGS), Clarivate (CLVT), and Playtika (PLTK). These companies are all part of the "data processing & preparation" industry.
RingCentral (NYSE:RNG) and Toast (NYSE:TOST) are both computer and technology companies, but which is the better stock? We will compare the two businesses based on the strength of their risk, earnings, community ranking, valuation, profitability, dividends, institutional ownership, analyst recommendations and media sentiment.
RingCentral received 855 more outperform votes than Toast when rated by MarketBeat users. Likewise, 73.17% of users gave RingCentral an outperform vote while only 37.59% of users gave Toast an outperform vote.
RingCentral has higher earnings, but lower revenue than Toast. Toast is trading at a lower price-to-earnings ratio than RingCentral, indicating that it is currently the more affordable of the two stocks.
Toast has a net margin of -6.02% compared to RingCentral's net margin of -6.18%. RingCentral's return on equity of 0.00% beat Toast's return on equity.
In the previous week, Toast had 4 more articles in the media than RingCentral. MarketBeat recorded 6 mentions for Toast and 2 mentions for RingCentral. RingCentral's average media sentiment score of 1.48 beat Toast's score of 0.96 indicating that RingCentral is being referred to more favorably in the media.
98.6% of RingCentral shares are held by institutional investors. Comparatively, 82.9% of Toast shares are held by institutional investors. 6.8% of RingCentral shares are held by insiders. Comparatively, 13.3% of Toast shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
RingCentral has a beta of 1.02, suggesting that its share price is 2% more volatile than the S&P 500. Comparatively, Toast has a beta of 1.75, suggesting that its share price is 75% more volatile than the S&P 500.
RingCentral presently has a consensus target price of $39.28, suggesting a potential upside of 13.45%. Toast has a consensus target price of $26.14, suggesting a potential upside of 17.39%. Given Toast's higher probable upside, analysts plainly believe Toast is more favorable than RingCentral.
Summary
RingCentral beats Toast on 10 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding RNG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis 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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