Financial Review: OppFi (NYSE:OPFI) versus Remitly Global (NASDAQ:RELY)

Remitly Global (NASDAQ:RELY) and OppFi (NYSE:OPFI) are both business services companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, analyst recommendations, risk, valuation, institutional ownership, profitability and dividends.

Insider & Institutional Ownership

74.3% of Remitly Global shares are owned by institutional investors. Comparatively, 7.1% of OppFi shares are owned by institutional investors. 8.1% of Remitly Global shares are owned by company insiders. Comparatively, 72.0% of OppFi shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Valuation and Earnings

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Remitly Global	$1.26 billion	2.34	-$36.98 million	$0.09	157.44
OppFi	$525.96 million	1.63	$7.26 million	($0.75)	-13.21

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

Risk and Volatility

Remitly Global has a beta of 0.11, meaning that its stock price is 89% less volatile than the S&P 500. Comparatively, OppFi has a beta of 1.69, meaning that its stock price is 69% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent ratings for Remitly Global and OppFi, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Remitly Global	1	1	8	1	2.82
OppFi	1	2	3	0	2.33

Remitly Global presently has a consensus price target of $25.25, indicating a potential upside of 78.19%. OppFi has a consensus price target of $13.63, indicating a potential upside of 37.56%. Given Remitly Global’s stronger consensus rating and higher probable upside, research analysts clearly believe Remitly Global is more favorable than OppFi.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Remitly Global	1.36%	3.12%	2.05%
OppFi	0.68%	55.59%	20.07%

Summary

Remitly Global beats OppFi on 10 of the 15 factors compared between the two stocks.

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.

About OppFi

OppFi Inc. operates a cialty finance platform that allows banks to offer credit access. Its platform facilitates the OppLoans, an installment loan product; SalaryTap, a payroll deduction secured installment loan product; and OppFi Card, a credit card product. OppFi Inc. was founded in 2012 and is headquartered in Chicago, Illinois.