Tiga Acquisition (NYSE:TINV – Get Free Report) and Snap (NYSE:SNAP – Get Free Report) are both business services companies, but which is the superior stock? We will compare the two companies based on the strength of their analyst recommendations, valuation, dividends, institutional ownership, profitability, earnings and risk.
Profitability
This table compares Tiga Acquisition and Snap’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Tiga Acquisition | N/A | -36.88% | -2.91% |
Snap | -18.49% | -35.60% | -10.42% |
Valuation & Earnings
This table compares Tiga Acquisition and Snap”s revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Tiga Acquisition | N/A | N/A | $23.19 million | N/A | N/A |
Snap | $4.61 billion | 3.97 | -$1.32 billion | ($0.58) | -18.78 |
Analyst Recommendations
This is a breakdown of recent ratings and price targets for Tiga Acquisition and Snap, as reported by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Tiga Acquisition | 0 | 0 | 0 | 0 | 0.00 |
Snap | 1 | 22 | 9 | 0 | 2.25 |
Snap has a consensus price target of $36.99, suggesting a potential upside of 239.47%. Given Snap’s stronger consensus rating and higher probable upside, analysts plainly believe Snap is more favorable than Tiga Acquisition.
Volatility and Risk
Tiga Acquisition has a beta of -0.02, suggesting that its share price is 102% less volatile than the S&P 500. Comparatively, Snap has a beta of 0.98, suggesting that its share price is 2% less volatile than the S&P 500.
Institutional and Insider Ownership
54.5% of Tiga Acquisition shares are owned by institutional investors. Comparatively, 47.5% of Snap shares are owned by institutional investors. 4.5% of Tiga Acquisition shares are owned by insiders. Comparatively, 22.7% of Snap shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Summary
Snap beats Tiga Acquisition on 7 of the 11 factors compared between the two stocks.
About Tiga Acquisition
Tiga Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is headquartered in Singapore.
About Snap
Snap Inc. operates as a technology company in North America, Europe, and internationally. The company offers Snapchat, a visual messaging application with various tabs, such as camera, visual messaging, snap map, stories, and spotlight that enable people to communicate visually through short videos and images. It also provides Spectacles, an eyewear product that connects with Snapchat and captures photos and video from a human perspective; and advertising products, including AR ads and Snap ads comprises a single image or video ads, collection ads, dynamic ads, story ads, and commercials. The company was formerly known as Snapchat, Inc. and changed its name to Snap Inc. in September 2016. Snap Inc. was founded in 2010 and is headquartered in Santa Monica, California.
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