Elastic (ESTC) Competitors

$107.52
+1.47 (+1.39%)
(As of 05/13/2024 ET)

ESTC vs. DUOL, PATH, PCOR, DOCU, GEN, CFLT, SPSC, KVYO, BRZE, and CXM

Should you be buying Elastic stock or one of its competitors? The main competitors of Elastic include Duolingo (DUOL), UiPath (PATH), Procore Technologies (PCOR), DocuSign (DOCU), Gen Digital (GEN), Confluent (CFLT), SPS Commerce (SPSC), Klaviyo (KVYO), Braze (BRZE), and Sprinklr (CXM). These companies are all part of the "prepackaged software" industry.

Elastic vs.

Duolingo (NASDAQ:DUOL) and Elastic (NYSE:ESTC) are both business services companies, but which is the better business? We will contrast the two businesses based on the strength of their earnings, community ranking, profitability, risk, institutional ownership, valuation, dividends, analyst recommendations and media sentiment.

Duolingo has higher earnings, but lower revenue than Elastic. Duolingo is trading at a lower price-to-earnings ratio than Elastic, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Duolingo$531.11M14.61$16.07M$0.97186.59
Elastic$1.07B10.14-$236.16M$0.46233.74

Duolingo has a net margin of 7.82% compared to Duolingo's net margin of 4.63%. Elastic's return on equity of 7.08% beat Duolingo's return on equity.

Company Net Margins Return on Equity Return on Assets
Duolingo7.82% 7.08% 4.89%
Elastic 4.63%-23.94%-6.51%

91.6% of Duolingo shares are owned by institutional investors. Comparatively, 97.0% of Elastic shares are owned by institutional investors. 19.9% of Duolingo shares are owned by insiders. Comparatively, 18.1% of Elastic shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Duolingo presently has a consensus target price of $244.63, suggesting a potential upside of 35.16%. Elastic has a consensus target price of $111.26, suggesting a potential upside of 3.48%. Given Elastic's higher possible upside, equities analysts clearly believe Duolingo is more favorable than Elastic.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Duolingo
1 Sell rating(s)
5 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.36
Elastic
0 Sell rating(s)
7 Hold rating(s)
14 Buy rating(s)
0 Strong Buy rating(s)
2.67

Elastic received 268 more outperform votes than Duolingo when rated by MarketBeat users. Likewise, 64.45% of users gave Elastic an outperform vote while only 41.25% of users gave Duolingo an outperform vote.

CompanyUnderperformOutperform
DuolingoOutperform Votes
33
41.25%
Underperform Votes
47
58.75%
ElasticOutperform Votes
301
64.45%
Underperform Votes
166
35.55%

In the previous week, Duolingo had 62 more articles in the media than Elastic. MarketBeat recorded 69 mentions for Duolingo and 7 mentions for Elastic. Elastic's average media sentiment score of 0.61 beat Duolingo's score of 0.57 indicating that Duolingo is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Duolingo
22 Very Positive mention(s)
7 Positive mention(s)
19 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Positive
Elastic
4 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Duolingo has a beta of 0.82, meaning that its stock price is 18% less volatile than the S&P 500. Comparatively, Elastic has a beta of 0.92, meaning that its stock price is 8% less volatile than the S&P 500.

Summary

Duolingo beats Elastic on 10 of the 18 factors compared between the two stocks.

Get Elastic News Delivered to You Automatically

Sign up to receive the latest news and ratings for ESTC and its competitors with MarketBeat's FREE daily newsletter.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ESTC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NYSE 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.
Skip Chart

ESTC vs. The Competition

MetricElasticPrepackaged software IndustryBusiness SectorNYSE Exchange
Market Cap$10.84B$21.08B$6.39B$17.80B
Dividend YieldN/A2.06%2.97%3.47%
P/E Ratio233.7460.2333.2923.89
Price / Sales10.1410.111,000.6010.53
Price / CashN/A65.8424.2215.76
Price / Book26.039.764.694.96
Net Income-$236.16M$363.55M$117.26M$964.97M
7 Day Performance0.18%-1.01%-0.41%0.96%
1 Month Performance10.57%0.01%0.78%3.18%
1 Year Performance83.95%19.35%7.99%131.46%

Elastic Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
DUOL
Duolingo
3.9785 of 5 stars
$248.84
+0.3%
$245.13
-1.5%
+28.0%$10.67B$531.11M731.90720Earnings Report
Short Interest ↑
Analyst Revision
PATH
UiPath
3.7719 of 5 stars
$20.01
+0.8%
$27.41
+37.0%
+39.0%$11.39B$1.31B-117.704,035
PCOR
Procore Technologies
3.6736 of 5 stars
$68.45
-0.1%
$81.79
+19.5%
+24.9%$10.02B$950.01M-71.303,694
DOCU
DocuSign
3.4631 of 5 stars
$58.31
-2.0%
$60.25
+3.3%
+22.3%$11.98B$2.76B161.986,840Short Interest ↓
GEN
Gen Digital
3.208 of 5 stars
$19.96
+1.3%
N/A+48.0%$12.71B$3.79B9.243,700Dividend Announcement
Short Interest ↑
CFLT
Confluent
2.3335 of 5 stars
$27.83
-2.8%
$30.64
+10.1%
+31.3%$8.70B$776.95M-18.932,744Short Interest ↓
Analyst Revision
SPSC
SPS Commerce
2.6745 of 5 stars
$192.68
+2.0%
$196.57
+2.0%
+23.7%$7.13B$536.91M105.292,489Short Interest ↓
Analyst Revision
KVYO
Klaviyo
2.4713 of 5 stars
$23.38
+0.7%
$36.88
+57.7%
N/A$6.11B$698.10M0.001,815Earnings Report
BRZE
Braze
3.7887 of 5 stars
$42.08
-1.2%
$64.12
+52.4%
+40.4%$4.24B$471.80M-31.641,548Positive News
CXM
Sprinklr
3.8836 of 5 stars
$12.82
+3.6%
$16.90
+31.8%
+6.0%$3.50B$732.36M71.233,869

Related Companies and Tools

This page (NYSE:ESTC) was last updated on 5/14/2024 by MarketBeat.com Staff

From Our Partners