Snap (NYSE:SNAP – Get Free Report) and Tiga Acquisition (NYSE:TINV – Get Free Report) are both computer and technology companies, but which is the better business? We will contrast the two companies based on the strength of their profitability, earnings, institutional ownership, dividends, valuation, analyst recommendations and risk.
Insider and Institutional Ownership
47.5% of Snap shares are held by institutional investors. Comparatively, 54.5% of Tiga Acquisition shares are held by institutional investors. 22.7% of Snap shares are held by company insiders. Comparatively, 4.5% of Tiga Acquisition shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Earnings & Valuation
This table compares Snap and Tiga Acquisition”s revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Snap | $4.61 billion | 4.07 | -$1.32 billion | ($0.58) | -19.28 |
Tiga Acquisition | N/A | N/A | $23.19 million | N/A | N/A |
Analyst Recommendations
This is a breakdown of current ratings and recommmendations for Snap and Tiga Acquisition, as provided by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Snap | 1 | 22 | 9 | 0 | 2.25 |
Tiga Acquisition | 0 | 0 | 0 | 0 | 0.00 |
Snap presently has a consensus target price of $36.99, indicating a potential upside of 230.73%. Given Snap’s stronger consensus rating and higher probable upside, analysts plainly believe Snap is more favorable than Tiga Acquisition.
Volatility and Risk
Snap has a beta of 0.98, indicating that its share price is 2% less volatile than the S&P 500. Comparatively, Tiga Acquisition has a beta of -0.02, indicating that its share price is 102% less volatile than the S&P 500.
Profitability
This table compares Snap and Tiga Acquisition’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Snap | -18.49% | -35.60% | -10.42% |
Tiga Acquisition | N/A | -36.88% | -2.91% |
Summary
Snap beats Tiga Acquisition on 7 of the 11 factors compared between the two stocks.
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.
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.
Receive News & Ratings for Snap Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Snap and related companies with MarketBeat.com's FREE daily email newsletter.