Logiq (OTCMKTS:LGIQ) vs. RideNow Group (NASDAQ:RDNW) Financial Survey

Logiq (OTCMKTS:LGIQGet Free Report) and RideNow Group (NASDAQ:RDNWGet Free Report) are both retail/wholesale companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, valuation, risk, analyst recommendations, earnings, dividends and profitability.

Profitability

This table compares Logiq and RideNow Group’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Logiq N/A N/A N/A
RideNow Group -9.87% -101.83% -4.77%

Analyst Recommendations

This is a breakdown of recent ratings and target prices for Logiq and RideNow Group, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Logiq 0 0 0 0 0.00
RideNow Group 1 4 1 0 2.00

RideNow Group has a consensus target price of $4.50, indicating a potential upside of 21.95%. Given RideNow Group’s stronger consensus rating and higher possible upside, analysts plainly believe RideNow Group is more favorable than Logiq.

Risk & Volatility

Logiq has a beta of -1.42, indicating that its stock price is 242% less volatile than the S&P 500. Comparatively, RideNow Group has a beta of 0.94, indicating that its stock price is 6% less volatile than the S&P 500.

Institutional & Insider Ownership

66.1% of RideNow Group shares are owned by institutional investors. 44.7% of Logiq shares are owned by insiders. Comparatively, 54.7% of RideNow Group shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Valuation & Earnings

This table compares Logiq and RideNow Group”s gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Logiq N/A N/A -$20.10 million N/A N/A
RideNow Group $1.21 billion 0.12 -$78.60 million ($3.01) -1.23

Logiq has higher earnings, but lower revenue than RideNow Group.

Summary

RideNow Group beats Logiq on 7 of the 11 factors compared between the two stocks.

About Logiq

(Get Free Report)

Logiq, Inc. provides e-commerce solutions and services in the European Union, Southeast Asia, Africa, South Korea, and North America. The company operates its DATALogiq-branded consumer data management platform by lead generation, online marketing, and multichannel reengagement strategies through its owned and operated brands. Its DATALogiq develops a proprietary data management platform and integrates with various third-party service providers to optimize the return on its marketing efforts. The company was formerly known as Weyland Tech Inc. and changed its name to Logiq, Inc. in September 2020. Logiq, Inc. was incorporated in 2004 and is headquartered in New York, New York.

About RideNow Group

(Get Free Report)

RumbleOn, Inc. primarily operates as a powersports retailer in the United States. It operates in two segments, Powersports and Vehicle Transportation Services. The Powersports segment provides new and pre-owned motorcycles, all-terrain vehicles, utility terrain or side-by-side vehicles, personal watercraft, snowmobiles, and other powersports products. It also offers parts, apparel, accessories, finance and insurance products and services, and aftermarket products, as well as repair and maintenance services. The Vehicle Transportation Services segment provides asset-light transportation brokerage services facilitating automobile transportation. The company was formerly known as Smart Server, Inc. and changed its name to RumbleOn, Inc. in February 2017. The company was incorporated in 2013 and is based in Irving, Texas.

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