TENB vs. FRSH, SMAR, VRNS, SQSP, ZI, QLYS, VERX, CVLT, WK, and SPSC
Should you be buying Tenable stock or one of its competitors? The main competitors of Tenable include Freshworks (FRSH), Smartsheet (SMAR), Varonis Systems (VRNS), Squarespace (SQSP), ZoomInfo Technologies (ZI), Qualys (QLYS), Vertex (VERX), Commvault Systems (CVLT), Workiva (WK), and SPS Commerce (SPSC). 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 stock? We will compare the two businesses based on the strength of their analyst recommendations, community ranking, dividends, valuation, institutional ownership, earnings, media sentiment, profitability and risk.
Freshworks presently has a consensus price target of $22.59, suggesting a potential upside of 64.76%. Tenable has a consensus price target of $57.20, suggesting a potential upside of 27.82%. Given Tenable's higher possible upside, equities analysts plainly believe Freshworks is more favorable than Tenable.
In the previous week, Freshworks had 9 more articles in the media than Tenable. MarketBeat recorded 22 mentions for Freshworks and 13 mentions for Tenable. Freshworks' average media sentiment score of 1.27 beat Tenable's score of 0.23 indicating that Tenable is being referred to more favorably in the news media.
Tenable has a net margin of -8.18% compared to Tenable's net margin of -18.93%. Freshworks' return on equity of -10.40% beat Tenable's return on equity.
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 company insiders. Comparatively, 4.3% of Tenable shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Tenable received 214 more outperform votes than Freshworks when rated by MarketBeat users. Likewise, 68.27% of users gave Tenable an outperform vote while only 39.25% of users gave Freshworks an outperform vote.
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 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.
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 TENB 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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