FRSH vs. TENB, SMAR, SQSP, ZI, VRNS, QLYS, BILL, S, VERX, and CVLT
Should you be buying Freshworks stock or one of its competitors? The main competitors of Freshworks include Tenable (TENB), Smartsheet (SMAR), Squarespace (SQSP), ZoomInfo Technologies (ZI), Varonis Systems (VRNS), Qualys (QLYS), BILL (BILL), SentinelOne (S), Vertex (VERX), and Commvault Systems (CVLT). These companies are all part of the "prepackaged software" industry.
Freshworks (NASDAQ:FRSH) and Tenable (NASDAQ:TENB) are both mid-cap computer and technology companies, but which is the superior business? We will contrast the two businesses based on the strength of their valuation, institutional ownership, analyst recommendations, dividends, media sentiment, profitability, risk, earnings and community ranking.
Tenable has a net margin of -8.18% compared to Freshworks' net margin of -18.93%. Tenable's return on equity of -10.59% beat Freshworks' return on equity.
Tenable has higher revenue and earnings than Freshworks. Tenable is trading at a lower price-to-earnings ratio than Freshworks, indicating that it is currently the more affordable of the two stocks.
Freshworks has a beta of 0.88, indicating that its share price is 12% less volatile than the S&P 500. Comparatively, Tenable has a beta of 0.94, indicating that its share price is 6% less volatile than the S&P 500.
Tenable received 215 more outperform votes than Freshworks when rated by MarketBeat users. Likewise, 68.27% of users gave Tenable an outperform vote while only 38.68% of users gave Freshworks an outperform vote.
Freshworks currently has a consensus price target of $22.59, indicating a potential upside of 61.00%. Tenable has a consensus price target of $57.20, indicating a potential upside of 28.25%. Given Freshworks' higher probable upside, equities analysts clearly believe Freshworks is more favorable than Tenable.
In the previous week, Freshworks had 18 more articles in the media than Tenable. MarketBeat recorded 45 mentions for Freshworks and 27 mentions for Tenable. Tenable's average media sentiment score of 0.28 beat Freshworks' score of 0.04 indicating that Tenable is being referred to more favorably in the news media.
75.6% of Freshworks shares are owned by institutional investors. Comparatively, 89.1% of Tenable shares are owned by institutional investors. 19.2% of Freshworks shares are owned by insiders. Comparatively, 4.3% of Tenable shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
Summary
Tenable beats Freshworks 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 FRSH 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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