SNOW vs. ADSK, TEAM, NTES, DDOG, SHOP, VEEV, HUBS, CDNS, MSTR, and ANSS
Should you be buying Snowflake stock or one of its competitors? The main competitors of Snowflake include Autodesk (ADSK), Atlassian (TEAM), NetEase (NTES), Datadog (DDOG), Shopify (SHOP), Veeva Systems (VEEV), HubSpot (HUBS), Cadence Design Systems (CDNS), MicroStrategy (MSTR), and ANSYS (ANSS). These companies are all part of the "prepackaged software" industry.
Autodesk (NASDAQ:ADSK) and Snowflake (NYSE:SNOW) 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 media sentiment, valuation, community ranking, analyst recommendations, institutional ownership, dividends, profitability, earnings and risk.
Autodesk has a beta of 1.45, suggesting that its share price is 45% more volatile than the S&P 500. Comparatively, Snowflake has a beta of 0.9, suggesting that its share price is 10% less volatile than the S&P 500.
Autodesk has a net margin of 16.48% compared to Autodesk's net margin of -30.80%. Snowflake's return on equity of 75.01% beat Autodesk's return on equity.
Autodesk presently has a consensus price target of $270.17, indicating a potential upside of 28.38%. Snowflake has a consensus price target of $200.64, indicating a potential upside of 33.09%. Given Autodesk's stronger consensus rating and higher possible upside, analysts plainly believe Snowflake is more favorable than Autodesk.
90.2% of Autodesk shares are owned by institutional investors. Comparatively, 65.1% of Snowflake shares are owned by institutional investors. 0.1% of Autodesk shares are owned by insiders. Comparatively, 7.8% of Snowflake shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
In the previous week, Snowflake had 77 more articles in the media than Autodesk. MarketBeat recorded 105 mentions for Snowflake and 28 mentions for Autodesk. Snowflake's average media sentiment score of 0.40 beat Autodesk's score of 0.23 indicating that Autodesk is being referred to more favorably in the media.
Autodesk has higher revenue and earnings than Snowflake. Snowflake is trading at a lower price-to-earnings ratio than Autodesk, indicating that it is currently the more affordable of the two stocks.
Autodesk received 1032 more outperform votes than Snowflake when rated by MarketBeat users. Likewise, 69.41% of users gave Autodesk an outperform vote while only 46.46% of users gave Snowflake an outperform vote.
Summary
Autodesk beats Snowflake on 12 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SNOW and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis 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.
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