MNDY vs. ESTC, PCOR, CTXS, PCTY, COUP, SNOW, TEAM, DDOG, SQ, and EA
Should you be buying monday.com stock or one of its competitors? The main competitors of monday.com include Elastic (ESTC), Procore Technologies (PCOR), Citrix Systems (CTXS), Paylocity (PCTY), Coupa Software (COUP), Snowflake (SNOW), Atlassian (TEAM), Datadog (DDOG), Block (SQ), and Electronic Arts (EA).
monday.com (NASDAQ:MNDY) and Elastic (NYSE:ESTC) are both large-cap computer and technology companies, but which is the superior investment? We will compare the two companies based on the strength of their dividends, valuation, institutional ownership, risk, profitability, earnings, media sentiment, community ranking and analyst recommendations.
In the previous week, Elastic had 7 more articles in the media than monday.com. MarketBeat recorded 19 mentions for Elastic and 12 mentions for monday.com. monday.com's average media sentiment score of 0.97 beat Elastic's score of 0.10 indicating that monday.com is being referred to more favorably in the media.
monday.com currently has a consensus price target of $252.50, indicating a potential upside of 13.56%. Elastic has a consensus price target of $118.05, indicating a potential upside of 5.05%. Given monday.com's stronger consensus rating and higher probable upside, research analysts plainly believe monday.com is more favorable than Elastic.
Elastic has higher revenue and earnings than monday.com. Elastic is trading at a lower price-to-earnings ratio than monday.com, indicating that it is currently the more affordable of the two stocks.
Elastic received 222 more outperform votes than monday.com when rated by MarketBeat users. Likewise, 64.78% of users gave Elastic an outperform vote while only 61.70% of users gave monday.com an outperform vote.
monday.com has a beta of 1.3, indicating that its stock price is 30% more volatile than the S&P 500. Comparatively, Elastic has a beta of 0.92, indicating that its stock price is 8% less volatile than the S&P 500.
73.7% of monday.com shares are held by institutional investors. Comparatively, 97.0% of Elastic shares are held by institutional investors. 22.3% of monday.com shares are held by insiders. Comparatively, 18.1% of Elastic shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Elastic has a net margin of 4.87% compared to monday.com's net margin of 2.53%. monday.com's return on equity of 2.42% beat Elastic's return on equity.
Summary
monday.com and Elastic tied by winning 9 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding MNDY and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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