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KORE Group (KORE) Competitors

$0.63
-0.01 (-1.56%)
(As of 05/31/2024 ET)

KORE vs. SPIR, TSAT, MYNA, BZFD, UCL, ANGH, MARK, AYRO, SATS, and CCOI

Should you be buying KORE Group stock or one of its competitors? The main competitors of KORE Group include Spire Global (SPIR), Telesat (TSAT), Mynaric (MYNA), BuzzFeed (BZFD), uCloudlink Group (UCL), Anghami (ANGH), Remark (MARK), Ayro (AYRO), EchoStar (SATS), and Cogent Communications (CCOI). These companies are all part of the "communication services, not elsewhere classified" industry.

KORE Group vs.

Spire Global (NYSE:SPIR) and KORE Group (NYSE:KORE) are both small-cap aerospace companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, community ranking, analyst recommendations, valuation, profitability, media sentiment, risk, dividends and earnings.

In the previous week, Spire Global had 2 more articles in the media than KORE Group. MarketBeat recorded 4 mentions for Spire Global and 2 mentions for KORE Group. KORE Group's average media sentiment score of -0.25 beat Spire Global's score of -0.41 indicating that Spire Global is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Spire Global
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
KORE Group
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Spire Global has higher earnings, but lower revenue than KORE Group. Spire Global is trading at a lower price-to-earnings ratio than KORE Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Spire Global$105.70M2.11-$63.96M-$3.48-2.63
KORE Group$276.61M0.19-$167.04M-$1.88-0.34

Spire Global has a beta of 2.04, meaning that its stock price is 104% more volatile than the S&P 500. Comparatively, KORE Group has a beta of 2.71, meaning that its stock price is 171% more volatile than the S&P 500.

KORE Group has a net margin of -57.97% compared to KORE Group's net margin of -66.72%. KORE Group's return on equity of -66.19% beat Spire Global's return on equity.

Company Net Margins Return on Equity Return on Assets
Spire Global-66.72% -66.19% -20.82%
KORE Group -57.97%-123.65%-14.99%

Spire Global presently has a consensus target price of $17.60, suggesting a potential upside of 92.35%. KORE Group has a consensus target price of $2.94, suggesting a potential upside of 364.60%. Given Spire Global's higher possible upside, analysts clearly believe KORE Group is more favorable than Spire Global.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Spire Global
0 Sell rating(s)
0 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
3.00
KORE Group
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60

20.0% of Spire Global shares are owned by institutional investors. Comparatively, 57.5% of KORE Group shares are owned by institutional investors. 17.1% of Spire Global shares are owned by insiders. Comparatively, 30.6% of KORE Group shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Spire Global received 5 more outperform votes than KORE Group when rated by MarketBeat users. Likewise, 55.56% of users gave Spire Global an outperform vote while only 16.13% of users gave KORE Group an outperform vote.

CompanyUnderperformOutperform
Spire GlobalOutperform Votes
10
55.56%
Underperform Votes
8
44.44%
KORE GroupOutperform Votes
5
16.13%
Underperform Votes
26
83.87%

Summary

Spire Global and KORE Group tied by winning 9 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

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

MetricKORE GroupCommunication services IndustryComputer SectorNYSE Exchange
Market Cap$52.65M$1.56B$21.02B$17.81B
Dividend YieldN/A4.97%2.68%3.54%
P/E Ratio-0.349.55210.9522.43
Price / Sales0.1911.70539.3810.50
Price / Cash0.8912.0630.3218.95
Price / Book2.343.516.405.90
Net Income-$167.04M-$289.77M$625.65M$976.46M
7 Day Performance-9.82%4.67%-0.65%0.62%
1 Month Performance-16.01%19.82%2.86%4.79%
1 Year Performance-56.95%8.90%27.59%24.00%

KORE Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SPIR
Spire Global
1.5015 of 5 stars
$9.00
+10.4%
$17.60
+95.6%
+55.5%$218.86M$107.22M-2.59407Short Interest ↑
TSAT
Telesat
0.9818 of 5 stars
$9.45
+8.2%
$9.00
-4.8%
+61.8%$128.61M$521.59M1.32N/AGap Up
High Trading Volume
MYNA
Mynaric
0 of 5 stars
$4.78
flat
N/A-30.0%$108.07M$5.83M0.00293Positive News
Gap Up
BZFD
BuzzFeed
0.2737 of 5 stars
$2.80
+6.1%
N/A+9.3%$102.51M$252.68M-1.14925Short Interest ↑
UCL
uCloudlink Group
0 of 5 stars
$1.61
-0.6%
N/A-46.9%$60.29M$85.58M53.67393Positive News
ANGH
Anghami
0 of 5 stars
$1.11
flat
N/A-2.6%$32.98M$41.38M0.00143Short Interest ↓
MARK
Remark
0 of 5 stars
$0.14
flat
N/A-88.8%$6.64M$4.40M-0.0946Gap Up
AYRO
Ayro
0 of 5 stars
$1.14
flat
N/A-80.0%$6.04M$500,000.00-0.1358Short Interest ↓
Positive News
SATS
EchoStar
0.7943 of 5 stars
$18.49
+1.6%
$23.00
+24.4%
+21.8%$5.02B$17.02B-2.4015,300Analyst Upgrade
CCOI
Cogent Communications
4.6987 of 5 stars
$59.14
+1.1%
$75.14
+27.1%
-3.7%$2.90B$940.92M2.341,947Short Interest ↑

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This page (NYSE:KORE) was last updated on 6/1/2024 by MarketBeat.com Staff

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