Reddit (NYSE:RDDT – Get Free Report) is one of 151 public companies in the “Data processing & preparation” industry, but how does it compare to its competitors? We will compare Reddit to similar companies based on the strength of its earnings, profitability, analyst recommendations, dividends, risk, institutional ownership and valuation.
Institutional and Insider Ownership
46.1% of shares of all “Data processing & preparation” companies are held by institutional investors. 20.2% of shares of all “Data processing & preparation” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Analyst Ratings
This is a summary of current ratings and price targets for Reddit and its competitors, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
1 | 9 | 11 | 1 | 2.55 | |
Reddit Competitors | 878 | 4653 | 6222 | 164 | 2.48 |
Earnings and Valuation
This table compares Reddit and its competitors gross revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
$1.30 billion | -$484.28 million | -16.52 | |
Reddit Competitors | $5.51 billion | $11.45 million | -11.12 |
Reddit’s competitors have higher revenue and earnings than Reddit. Reddit is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Profitability
This table compares Reddit and its competitors’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
-37.25% | -24.71% | -22.52% | |
Reddit Competitors | -158.77% | -1,791.07% | -8.24% |
Summary
Reddit competitors beat Reddit on 7 of the 12 factors compared.
About Reddit
Reddit, Inc. operates a website that organizes digital communities. It organizes communities based on specific interests that enable users to engage in conversations by sharing experiences, submitting links, uploading images and videos, and replying to one another. The company was founded in 2005 and is headquartered in San Francisco, California.
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