Reddit (NYSE:RDDT – Get Free Report) is one of 151 publicly-traded companies in the “Data processing & preparation” industry, but how does it weigh in compared to its peers? We will compare Reddit to similar businesses based on the strength of its profitability, valuation, risk, earnings, institutional ownership, analyst recommendations and dividends.
Insider & Institutional Ownership
46.1% of shares of all “Data processing & preparation” companies are owned by institutional investors. 20.2% of shares of all “Data processing & preparation” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Analyst Recommendations
This is a breakdown of current ratings for Reddit and its peers, as reported by MarketBeat.com.
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 peers 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 peers have higher revenue and earnings than Reddit. Reddit is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Profitability
This table compares Reddit and its peers’ 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 peers beat Reddit on 7 of the 12 factors compared.
Reddit Company Profile
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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