Opinions
Pete Najarian
Marqeta
MQ-Q
COMMENT
May 13, 2022
Stock price when the opinion was issued
You might be interested:
MQ provides transaction processing solutions for different verticals within the financial sector, while PAY operates as a fintech company that provides digital banking solutions to gig economy workers. Both are classified as financial services industries but are not direct competitors.
MQ’s revenue has declined meaningfully in recent years, while the company still operates at a loss. MQ has a strong balance sheet with $1.1B in net cash (compared to its market cap of $1.9B), and the company is also repurchasing shares aggressively. That being said, the consensus estimate does not expect MQ to be profitable anytime soon. Its partnership with some large players does not make the company attractive overnight. We think if the company manages to return to stronger growth, it may look attractive, other than that we think there are better opportunities in the current market.
Unlock Premium - Try 5i Free