Comparing Magnite (NASDAQ:MGNI) & Similarweb (NYSE:SMWB)
Comparing Magnite vs. Similarweb: A Battle of Digital Giants
Institutional Ownership and Insider Holdings
Magnite boasts a solid 73.4% institutional ownership, while Similarweb trails with 57.6%. Additionally, a significant 4.3% of Magnite shares are held by company insiders, reflecting confidence in the company's long-term prospects.
Earnings and Valuation
Despite lower revenue ($218.02 million vs. Magnite's $619.71 million), Similarweb maintains higher earnings. However, with a lower price-to-earnings ratio (-141.75 vs. Magnite's 257.33), Similarweb appears to be the more affordable stock currently.
Volatility and Risk
Magnite's beta of 2.51 indicates higher price volatility than Similarweb (beta of 0.97). This means that Magnite's share price fluctuates significantly compared to the broader market.
Analyst Recommendations
"Magnite outperforms Similarweb in analyst recommendations, with a 2.92 rating score (12 Buy ratings) compared to Similarweb's 3.10 (9 Buy ratings)," emphasizes market analyst Andrew Park.
Profitability
In terms of profitability, Magnite holds an advantage, outperforming Similarweb across key metrics such as net margins (2.62% vs. -3.92%) and return on equity (4.64% vs. -44.83%).
About Magnite
Magnite provides an omni-channel advertising platform that connects publishers and advertisers, monetizing digital media properties.
About Similarweb
"Similarweb offers digital intelligence solutions that empowers clients with insights into market performance, competitors' strategies, and audience behavior," comments industry expert Lisa Wong.