SMAR vs. FRSH, TENB, VRNS, SQSP, VERX, CVLT, ZI, QLYS, WK, and FROG
Should you be buying Smartsheet stock or one of its competitors? The main competitors of Smartsheet include Freshworks (FRSH), Tenable (TENB), Varonis Systems (VRNS), Squarespace (SQSP), Vertex (VERX), Commvault Systems (CVLT), ZoomInfo Technologies (ZI), Qualys (QLYS), Workiva (WK), and JFrog (FROG). These companies are all part of the "prepackaged software" industry.
Freshworks (NASDAQ:FRSH) and Smartsheet (NYSE:SMAR) are both mid-cap computer and technology companies, but which is the better stock? We will contrast the two companies based on the strength of their media sentiment, institutional ownership, analyst recommendations, risk, profitability, valuation, earnings, community ranking and dividends.
Freshworks has a beta of 0.88, suggesting that its stock price is 12% less volatile than the S&P 500. Comparatively, Smartsheet has a beta of 0.73, suggesting that its stock price is 27% less volatile than the S&P 500.
Smartsheet received 341 more outperform votes than Freshworks when rated by MarketBeat users. Likewise, 65.47% of users gave Smartsheet an outperform vote while only 39.25% of users gave Freshworks an outperform vote.
Freshworks currently has a consensus price target of $22.59, suggesting a potential upside of 61.11%. Smartsheet has a consensus price target of $49.75, suggesting a potential upside of 27.11%. Given Smartsheet's higher probable upside, equities research analysts plainly believe Freshworks is more favorable than Smartsheet.
Smartsheet has higher revenue and earnings than Freshworks. Smartsheet is trading at a lower price-to-earnings ratio than Freshworks, indicating that it is currently the more affordable of the two stocks.
Smartsheet has a net margin of -10.92% compared to Smartsheet's net margin of -18.93%. Smartsheet's return on equity of -10.66% beat Freshworks' return on equity.
75.6% of Freshworks shares are held by institutional investors. Comparatively, 90.0% of Smartsheet shares are held by institutional investors. 19.2% of Freshworks shares are held by insiders. Comparatively, 4.7% of Smartsheet shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
In the previous week, Freshworks had 30 more articles in the media than Smartsheet. MarketBeat recorded 36 mentions for Freshworks and 6 mentions for Smartsheet. Freshworks' average media sentiment score of 1.18 beat Smartsheet's score of 0.05 indicating that Smartsheet is being referred to more favorably in the news media.
Summary
Smartsheet beats Freshworks on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SMAR 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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