ASAN vs. ESTC, MNDY, GWRE, DOCU, NICE, CYBR, TWLO, PCOR, PAYC, and INFA
Should you be buying Asana stock or one of its competitors? The main competitors of Asana include Elastic (ESTC), monday.com (MNDY), Guidewire Software (GWRE), DocuSign (DOCU), NICE (NICE), CyberArk Software (CYBR), Twilio (TWLO), Procore Technologies (PCOR), Paycom Software (PAYC), and Informatica (INFA). These companies are all part of the "prepackaged software" industry.
Elastic (NYSE:ESTC) and Asana (NYSE:ASAN) are both business services companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, media sentiment, risk, analyst recommendations, earnings, community ranking, institutional ownership, valuation and dividends.
Elastic has a net margin of 4.87% compared to Elastic's net margin of -38.55%. Asana's return on equity of -22.95% beat Elastic's return on equity.
Elastic has a beta of 0.92, suggesting that its stock price is 8% less volatile than the S&P 500. Comparatively, Asana has a beta of 1.15, suggesting that its stock price is 15% more volatile than the S&P 500.
In the previous week, Elastic had 5 more articles in the media than Asana. MarketBeat recorded 13 mentions for Elastic and 8 mentions for Asana. Elastic's average media sentiment score of 0.81 beat Asana's score of 0.69 indicating that Asana is being referred to more favorably in the news media.
Elastic has higher revenue and earnings than Asana. Asana is trading at a lower price-to-earnings ratio than Elastic, indicating that it is currently the more affordable of the two stocks.
Elastic presently has a consensus target price of $118.05, indicating a potential upside of 5.45%. Asana has a consensus target price of $18.75, indicating a potential upside of 38.89%. Given Elastic's higher possible upside, analysts plainly believe Asana is more favorable than Elastic.
Elastic received 238 more outperform votes than Asana when rated by MarketBeat users. Likewise, 64.78% of users gave Elastic an outperform vote while only 42.77% of users gave Asana an outperform vote.
97.0% of Elastic shares are owned by institutional investors. Comparatively, 26.2% of Asana shares are owned by institutional investors. 18.1% of Elastic shares are owned by company insiders. Comparatively, 64.0% of Asana shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Summary
Elastic beats Asana on 14 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ASAN 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 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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