Stingray vs Tesla Which Is Stronger?
Stingray and Tesla stocks are both popular choices among investors in the technology and automotive industries. Stingray, a Canadian media company, offers a diversified portfolio of television channels and radio stations, while Tesla, an American electric vehicle manufacturer, is renowned for its innovative technology and sustainable practices. Both companies have seen significant growth in recent years, but investors may find themselves torn between the steady performance of Stingray and the potential for explosive growth with Tesla. Understanding the differences and similarities between these two stocks can help investors make informed decisions in their portfolios.
Stingray or Tesla?
When comparing Stingray and Tesla, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between Stingray and Tesla.
Dividend Investors:
Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company.
Stingray has a dividend yield of 3.73%, while Tesla has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Stingray reports a 5-year dividend growth of 5.46% year and a payout ratio of -85.31%. On the other hand, Tesla reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%.
Value Investors:
Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with Stingray P/E ratio at -22.81 and Tesla's P/E ratio at 88.11. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Stingray P/B ratio is 2.16 while Tesla's P/B ratio is 16.01.
Growth Investors:
Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Stingray has seen a 5-year revenue growth of 0.49%, while Tesla's is 2.63%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Stingray's ROE at -9.08% and Tesla's ROE at 19.29%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are C$8.00 for Stingray and $336.00 for Tesla. Over the past year, Stingray's prices ranged from C$5.09 to C$8.54, with a yearly change of 67.78%. Tesla's prices fluctuated between $138.80 and $358.64, with a yearly change of 158.39%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.