Parkit Enterprise (OTCMKTS:PKTEF – Get Free Report) and Newmark Group (NASDAQ:NMRK – Get Free Report) are both real estate companies, but which is the better stock? We will contrast the two companies based on the strength of their dividends, earnings, analyst recommendations, profitability, institutional ownership, valuation and risk.
Institutional & Insider Ownership
76.4% of Parkit Enterprise shares are held by institutional investors. Comparatively, 58.4% of Newmark Group shares are held by institutional investors. 31.8% of Newmark Group shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Profitability
This table compares Parkit Enterprise and Newmark Group’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Parkit Enterprise | N/A | N/A | N/A |
Newmark Group | 1.75% | 17.78% | 6.05% |
Valuation and Earnings
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Parkit Enterprise | N/A | N/A | N/A | C($0.19) | -2.51 |
Newmark Group | $2.54 billion | 1.05 | $42.58 million | $0.22 | 70.32 |
Newmark Group has higher revenue and earnings than Parkit Enterprise. Parkit Enterprise is trading at a lower price-to-earnings ratio than Newmark Group, indicating that it is currently the more affordable of the two stocks.
Analyst Ratings
This is a breakdown of current recommendations for Parkit Enterprise and Newmark Group, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Parkit Enterprise | 0 | 0 | 0 | 0 | N/A |
Newmark Group | 0 | 0 | 3 | 0 | 3.00 |
Newmark Group has a consensus target price of $16.17, indicating a potential upside of 4.17%. Given Newmark Group’s higher probable upside, analysts clearly believe Newmark Group is more favorable than Parkit Enterprise.
Summary
Newmark Group beats Parkit Enterprise on 9 of the 10 factors compared between the two stocks.
About Parkit Enterprise
Parkit Enterprise is an industrial real estate platform focused on the acquisition, growth and management of strategically located industrial properties across key urban markets in Canada. The firm has parking assets across various markets in the United States of America. The firm seeks to invest in the United States. Parkit Enterprise Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada, with an additional office in Ottawa, Canada.
About Newmark Group
Newmark Group, Inc. provides commercial real estate services in the United States, the United Kingdom, and internationally. The company offers capital markets consisting of investment sales and commercial mortgage brokerage; landlord or agency representation leasing; valuation and advisory; property management; commercial real estate technology platform and capabilities; the United Kingdom business rates services; due diligence, consulting, and other advisory services; GSEs and the Federal Housing Administration lending services comprising multifamily lending and loan servicing; asset management; and flexible workspace solutions for owners. It also provides tenant representation leasing; and global corporate services consisting of workplace and occupancy strategy, energy and sustainability services, technology, project management, real estate and lease administration, and facilities management. The company offers its services to commercial real estate tenants, investors, owners, occupiers, and developers; lenders; small and medium size businesses; and multi-national corporations. The company was formerly known as Newmark Grubb Knight Frank Capital Group and changed its name to Newmark Group, Inc. in October 2017. Newmark Group, Inc. was founded in 1929 and is based in New York, New York. Newmark Group, Inc.operates is a subsidiary of Cantor Fitzgerald, L.P.
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