SPLK vs. VRSN, OKTA, DDOG, PAYC, WIX, ZS, MDB, VOD, FTV, and TME
Should you be buying Splunk stock or one of its competitors? The main competitors of Splunk include VeriSign (VRSN), Okta (OKTA), Datadog (DDOG), Paycom Software (PAYC), Wix.com (WIX), Zscaler (ZS), MongoDB (MDB), Vodafone Group Public (VOD), Fortive (FTV), and Tencent Music Entertainment Group (TME). These companies are all part of the "computer and technology" sector.
Splunk (NASDAQ:SPLK) and VeriSign (NASDAQ:VRSN) are both large-cap computer and technology companies, but which is the better stock? We will compare the two companies based on the strength of their profitability, valuation, analyst recommendations, earnings, media sentiment, institutional ownership, community ranking, risk and dividends.
VeriSign has lower revenue, but higher earnings than Splunk. VeriSign is trading at a lower price-to-earnings ratio than Splunk, indicating that it is currently the more affordable of the two stocks.
Splunk currently has a consensus target price of $135.31, suggesting a potential downside of 13.76%. VeriSign has a consensus target price of $218.00, suggesting a potential upside of 25.91%. Given VeriSign's stronger consensus rating and higher possible upside, analysts plainly believe VeriSign is more favorable than Splunk.
In the previous week, VeriSign had 11 more articles in the media than Splunk. MarketBeat recorded 13 mentions for VeriSign and 2 mentions for Splunk. VeriSign's average media sentiment score of 0.82 beat Splunk's score of 0.23 indicating that VeriSign is being referred to more favorably in the news media.
Splunk has a beta of 1, meaning that its share price has a similar volatility profile to the S&P 500.Comparatively, VeriSign has a beta of 0.89, meaning that its share price is 11% less volatile than the S&P 500.
Splunk received 1406 more outperform votes than VeriSign when rated by MarketBeat users. Likewise, 77.68% of users gave Splunk an outperform vote while only 62.26% of users gave VeriSign an outperform vote.
VeriSign has a net margin of 55.04% compared to Splunk's net margin of 6.26%. Splunk's return on equity of 32,117.42% beat VeriSign's return on equity.
87.6% of Splunk shares are held by institutional investors. Comparatively, 92.9% of VeriSign shares are held by institutional investors. 0.2% of Splunk shares are held by company insiders. Comparatively, 0.8% of VeriSign shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Summary
VeriSign beats Splunk on 11 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SPLK 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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