2 days Ago By ABMN Staff
Karooooo ( NASDAQ:KARO – Get Free Report ) and Red Violet ( NASDAQ:RDVT – Get Free Report ) are both computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their earnings, risk, valuation, institutional ownership, profitability, analyst recommendations and dividends. Insider and Institutional Ownership 63.6% of Red Violet shares are owned by institutional investors.
74.7% of Karooooo shares are owned by company insiders. Comparatively, 9.
5% of Red Violet shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term. Profitability This table compares Karooooo and Red Violet’s net margins, return on equity and return on assets.
Analyst Recommendations Karooooo currently has a consensus target price of $33.00, suggesting a potential downside of 20.19%.
Red Violet has a consensus target price of $25.00, suggesting a potential downside of 34.40%.
Given Karooooo’s higher probable upside, research analysts clearly believe Karooooo is more favorable than Red Violet. Earnings & Valuation This table compares Karooooo and Red Violet”s revenue, earnings per share and valuation. Karooooo has higher revenue and earnings than Red Violet.
Karooooo is trading at a lower price-to-earnings ratio than Red Violet, indicating that it is currently the more affordable of the two stocks. Volatility and Risk Karooooo has a beta of 1.01, meaning that its share price is 1% more volatile than the S&P 500.
Comparatively, Red Violet has a beta of 1.46, meaning that its share price is 46% more volatile than the S&P 500. Summary Karooooo beats Red Violet on 9 of the 12 factors compared between the two stocks.
About Karooooo ( Get Free Report ) Karooooo Ltd. provides mobility software-as-a-service (SaaS) platform for connected vehicles in South Africa, rest of Africa, Europe, the Asia-Pacific, the Middle East, and the United States. The company offers Fleet Telematics, a fleet management SaaS platform that provides real-time insights; LiveVision, which offers pro-active risk management and fleet visibility; MiFleet advanced fleet administration and business intelligence that provides cost management and administration capability services; and Karooooo Logistics, a software application for management of last mile delivery and general operational logistics.
It provides Cartrack Field Service, a software application for management of field and on site workers; Business Intelligence for high-level view of fleet statistics; asset tracking for tracking and tracing moveable assets; asset recovery services that assists vehicle owners and insurance companies with the recovery of vehicles and other assets; and insurance telematics that allows insurers to tailor premiums for commercial and consumer customers using analytics; Protector, a safety package for consumer vehicles; and Car Watch, a mobile application that lets users track and watch their vehicles. In addition, the company offers specialist mobility solutions that include Bike Track, a GPS-based solution for commercial motorbike fleets; Credit Management that predicts payment cycles and facilitate active credit management for asset-based vehicle finance; electronic monitoring services application that allows law enforcement agencies to monitor persons of interest; and mobility and monitoring solutions, such as Carzuka, cartrack insurance agency, and on-demand rideshare taxi application, as well as smart IoT products. It provides its solutions through direct sales force to consumers and sole proprietors, small and medium-sized businesses, large enterprises, and other connected devices.
Karooooo Ltd. was founded in 2001 and is headquartered in Singapore. About Red Violet ( Get Free Report ) Red Violet, Inc.
, a software and services company, specializes in proprietary technologies and applying analytical capabilities to deliver identity intelligence in the United States. It offers idiCORE, an investigative solution used to address various organizational challenges, which include due diligence, risk mitigation, identity authentication, fraud detection and prevention, customer acquisition, and regulatory compliance; and FOREWARN, an app-based solution that provides instant knowledge before face-to-face engagement with a consumer, as well as helps professionals to identify and mitigate risk. The company serves financial services, insurance, healthcare, retail, telecommunication companies, law enforcement and government agencies, collections, law, corporate security, and investigative firms.
It markets its products and services through value-added distributors, resellers, and strategic partners; and trade shows and seminars, advertising, public relations, distribution of sales literature, and product specifications and ongoing communication with prospective customers, distributors, resellers, strategic partners, and installed base of current customers, as well as through direct sales. The company was incorporated in 2017 and is headquartered in Boca Raton, Florida. Receive News & Ratings for Karooooo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Karooooo and related companies with MarketBeat.
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