WEAV vs. MGIC, BAND, WKME, CGNT, SCWX, DDD, LAW, KC, GDYN, and BLZE
Should you be buying Weave Communications stock or one of its competitors? The main competitors of Weave Communications include Magic Software Enterprises (MGIC), Bandwidth (BAND), WalkMe (WKME), Cognyte Software (CGNT), SecureWorks (SCWX), 3D Systems (DDD), CS Disco (LAW), Kingsoft Cloud (KC), Grid Dynamics (GDYN), and Backblaze (BLZE). These companies are all part of the "prepackaged software" industry.
Weave Communications (NYSE:WEAV) and Magic Software Enterprises (NASDAQ:MGIC) are both small-cap computer and technology companies, but which is the better stock? We will compare the two companies based on the strength of their earnings, risk, institutional ownership, media sentiment, profitability, dividends, community ranking, analyst recommendations and valuation.
Magic Software Enterprises has a net margin of 6.92% compared to Weave Communications' net margin of -17.06%. Magic Software Enterprises' return on equity of 17.33% beat Weave Communications' return on equity.
In the previous week, Weave Communications had 2 more articles in the media than Magic Software Enterprises. MarketBeat recorded 5 mentions for Weave Communications and 3 mentions for Magic Software Enterprises. Weave Communications' average media sentiment score of 0.41 beat Magic Software Enterprises' score of 0.00 indicating that Weave Communications is being referred to more favorably in the media.
Weave Communications presently has a consensus target price of $14.00, suggesting a potential upside of 57.66%. Magic Software Enterprises has a consensus target price of $14.00, suggesting a potential upside of 12.90%. Given Weave Communications' higher possible upside, equities analysts plainly believe Weave Communications is more favorable than Magic Software Enterprises.
Magic Software Enterprises received 272 more outperform votes than Weave Communications when rated by MarketBeat users. Likewise, 60.21% of users gave Magic Software Enterprises an outperform vote while only 44.74% of users gave Weave Communications an outperform vote.
Weave Communications has a beta of 2.23, meaning that its stock price is 123% more volatile than the S&P 500. Comparatively, Magic Software Enterprises has a beta of 1.12, meaning that its stock price is 12% more volatile than the S&P 500.
86.8% of Weave Communications shares are held by institutional investors. Comparatively, 24.7% of Magic Software Enterprises shares are held by institutional investors. 36.3% of Weave Communications shares are held by insiders. Comparatively, 4.5% of Magic Software Enterprises shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Magic Software Enterprises has higher revenue and earnings than Weave Communications. Weave Communications is trading at a lower price-to-earnings ratio than Magic Software Enterprises, indicating that it is currently the more affordable of the two stocks.
Summary
Magic Software Enterprises beats Weave Communications on 10 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding WEAV 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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