Remitly Global (NASDAQ:RELY) and Marqeta (NASDAQ:MQ) Financial Survey

Marqeta (NASDAQ:MQ) and Remitly Global (NASDAQ:RELY) are both mid-cap business services companies, but which is the better investment? We will compare the two businesses based on the strength of their risk, earnings, analyst recommendations, institutional ownership, profitability, valuation and dividends.

Valuation & Earnings

This table compares Marqeta and Remitly Global”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Marqeta	$506.99 million	4.00	$27.29 million	($0.13)	-34.85
Remitly Global	$1.26 billion	2.62	-$36.98 million	$0.06	267.33

Marqeta has higher earnings, but lower revenue than Remitly Global. Marqeta is trading at a lower price-to-earnings ratio than Remitly Global, indicating that it is currently the more affordable of the two stocks.

Volatility and Risk

Marqeta has a beta of 1.49, suggesting that its stock price is 49% more volatile than the S&P 500. Comparatively, Remitly Global has a beta of 0.1, suggesting that its stock price is 90% less volatile than the S&P 500.

Insider & Institutional Ownership

78.6% of Marqeta shares are held by institutional investors. Comparatively, 74.3% of Remitly Global shares are held by institutional investors. 12.6% of Marqeta shares are held by insiders. Comparatively, 8.1% of Remitly Global shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Analyst Ratings

This is a summary of current ratings and target prices for Marqeta and Remitly Global, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Marqeta	2	10	3	1	2.19
Remitly Global	1	2	8	0	2.64

Marqeta presently has a consensus target price of $5.77, suggesting a potential upside of 27.39%. Remitly Global has a consensus target price of $27.25, suggesting a potential upside of 69.89%. Given Remitly Global’s stronger consensus rating and higher probable upside, analysts plainly believe Remitly Global is more favorable than Marqeta.

Profitability

This table compares Marqeta and Remitly Global’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Marqeta	-11.69%	-6.45%	-4.73%
Remitly Global	0.96%	2.31%	1.51%

Summary

Remitly Global beats Marqeta on 9 of the 15 factors compared between the two stocks.

About Marqeta

Marqeta, Inc. operates a cloud-based open application programming interface platform that delivers card issuing and transaction processing services. It offers its solutions in various verticals, including financial services, on-demand services, expense management, and e-commerce enablement, as well as buy now, pay later. Marqeta, Inc. was incorporated in 2010 and is headquartered in Oakland, California.

About Remitly Global

Remitly Global, Inc. provides digital financial services for immigrants and their families. It primarily offers cross-border remittance services in approximately 170 countries. The company was incorporated in 2011 and is headquartered in Seattle, Washington.