ONIT
Price
$30.36
Change
-$0.08 (-0.26%)
Updated
Nov 14 closing price
103 days until earnings call
RKT
Price
$13.66
Change
-$0.47 (-3.33%)
Updated
Nov 14 closing price
97 days until earnings call
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ONIT vs RKT

Header iconONIT vs RKT Comparison
Open Charts ONIT vs RKTBanner chart's image
Onity Group
Price$30.36
Change-$0.08 (-0.26%)
Volume$35.54K
CapitalizationN/A
Rocket Companies
Price$13.66
Change-$0.47 (-3.33%)
Volume$4.99M
CapitalizationN/A
ONIT vs RKT Comparison Chart
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RKT
Daily Signalchanged days ago
Gain/Loss if shorted
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VS
ONIT vs. RKT commentary
Nov 15, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is ONIT is a Hold and RKT is a Hold.

COMPARISON
Comparison
Nov 15, 2024
Stock price -- (ONIT: $30.44 vs. RKT: $14.13)
Brand notoriety: ONIT and RKT are both not notable
Both companies represent the Finance/Rental/Leasing industry
Current volume relative to the 65-day Moving Average: ONIT: 138% vs. RKT: 378%
Market capitalization -- ONIT: $207.4M vs. RKT: $1.99B
ONIT [@Finance/Rental/Leasing] is valued at $207.4M. RKT’s [@Finance/Rental/Leasing] market capitalization is $1.99B. The market cap for tickers in the [@Finance/Rental/Leasing] industry ranges from $573.25B to $0. The average market capitalization across the [@Finance/Rental/Leasing] industry is $12.25B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

ONIT’s FA Score shows that 0 FA rating(s) are green whileRKT’s FA Score has 1 green FA rating(s).

  • ONIT’s FA Score: 0 green, 5 red.
  • RKT’s FA Score: 1 green, 4 red.
According to our system of comparison, both ONIT and RKT are a bad buy in the long-term.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

RKT’s TA Score shows that 3 TA indicator(s) are bullish.

  • RKT’s TA Score: 3 bullish, 4 bearish.

Price Growth

ONIT (@Finance/Rental/Leasing) experienced а -1.87% price change this week, while RKT (@Finance/Rental/Leasing) price change was -10.29% for the same time period.

The average weekly price growth across all stocks in the @Finance/Rental/Leasing industry was +0.04%. For the same industry, the average monthly price growth was +5.21%, and the average quarterly price growth was +20.00%.

Reported Earning Dates

ONIT is expected to report earnings on Feb 26, 2025.

RKT is expected to report earnings on Feb 20, 2025.

Industries' Descriptions

@Finance/Rental/Leasing (+0.04% weekly)

A leasing company (e.g. United Rentals, Inc. ) is typically the legal owner of the asset for the duration of the lease, while the lessee has operating control over the asset while also having some share of the economic risks and returns from the change in the valuation of the underlying asset. Per capita disposable income and corporate earnings or cash flow could be some of the critical metrics for this business – the higher the values of these metrics, the potentially greater ability of consumers/businesses to afford apartments/office spaces for rent. Other finance companies include credit/debit card payment processing companies (e.g. Visa Inc. and Mastercard), private label credit cards providers (e.g. Synchrony Financial) and automobile finance companies (e.g. Credit Acceptance Corporation).

SUMMARIES
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FUNDAMENTALS
Fundamentals
RKT($1.99B) has a higher market cap than ONIT($207M). RKT has higher P/E ratio than ONIT: RKT (30.21) vs ONIT (10.13). ONIT YTD gains are higher at: -1.040 vs. RKT (-2.417). RKT has less debt than ONIT: RKT (5.25B) vs ONIT (10.9B). RKT has higher revenues than ONIT: RKT (3.65B) vs ONIT (1.15B).
ONITRKTONIT / RKT
Capitalization207M1.99B10%
EBITDA239MN/A-
Gain YTD-1.040-2.41743%
P/E Ratio10.1330.2134%
Revenue1.15B3.65B31%
Total Cash202MN/A-
Total Debt10.9B5.25B208%
FUNDAMENTALS RATINGS
ONIT: Fundamental Ratings
ONIT
OUTLOOK RATING
1..100
4
VALUATION
overvalued / fair valued / undervalued
1..100
95
Overvalued
PROFIT vs RISK RATING
1..100
91
SMR RATING
1..100
93
PRICE GROWTH RATING
1..100
46
P/E GROWTH RATING
1..100
51
SEASONALITY SCORE
1..100
50

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

TECHNICAL ANALYSIS
Technical Analysis
RKT
RSI
ODDS (%)
Bullish Trend 2 days ago
85%
Stochastic
ODDS (%)
Bullish Trend 2 days ago
74%
Momentum
ODDS (%)
Bearish Trend 2 days ago
83%
MACD
ODDS (%)
Bearish Trend 2 days ago
88%
TrendWeek
ODDS (%)
Bearish Trend 2 days ago
78%
TrendMonth
ODDS (%)
Bearish Trend 2 days ago
77%
Advances
ODDS (%)
N/A
Declines
ODDS (%)
Bearish Trend 2 days ago
79%
BollingerBands
ODDS (%)
Bullish Trend 2 days ago
76%
Aroon
ODDS (%)
Bearish Trend 2 days ago
81%
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RKT
Daily Signalchanged days ago
Gain/Loss if shorted
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ONIT and

Correlation & Price change

A.I.dvisor indicates that over the last year, ONIT has been loosely correlated with WD. These tickers have moved in lockstep 49% of the time. This A.I.-generated data suggests there is some statistical probability that if ONIT jumps, then WD could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ONIT
1D Price
Change %
ONIT100%
-0.85%
WD - ONIT
49%
Loosely correlated
-1.09%
UHAL - ONIT
45%
Loosely correlated
-1.17%
UWMC - ONIT
42%
Loosely correlated
-1.99%
CAR - ONIT
42%
Loosely correlated
+6.48%
RKT - ONIT
40%
Loosely correlated
-9.07%
More

RKT and

Correlation & Price change

A.I.dvisor indicates that over the last year, RKT has been loosely correlated with ALLY. These tickers have moved in lockstep 55% of the time. This A.I.-generated data suggests there is some statistical probability that if RKT jumps, then ALLY could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RKT
1D Price
Change %
RKT100%
-9.07%
ALLY - RKT
55%
Loosely correlated
-0.22%
UHAL - RKT
52%
Loosely correlated
-1.17%
HRI - RKT
50%
Loosely correlated
-1.03%
LDI - RKT
50%
Loosely correlated
-6.50%
LC - RKT
48%
Loosely correlated
-0.83%
More