Workiva (WK) Competitors

$82.26
-0.28 (-0.34%)
(As of 05/10/2024 ET)

WK vs. VERX, CWAN, FRSH, CVLT, FROG, BLKB, VRNS, SQSP, ACIW, and BOX

Should you be buying Workiva stock or one of its competitors? The main competitors of Workiva include Vertex (VERX), Clearwater Analytics (CWAN), Freshworks (FRSH), Commvault Systems (CVLT), JFrog (FROG), Blackbaud (BLKB), Varonis Systems (VRNS), Squarespace (SQSP), ACI Worldwide (ACIW), and BOX (BOX). These companies are all part of the "prepackaged software" industry.

Workiva vs.

Vertex (NASDAQ:VERX) and Workiva (NYSE:WK) are both mid-cap computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their community ranking, profitability, media sentiment, analyst recommendations, institutional ownership, risk, earnings, valuation and dividends.

Vertex has a net margin of 1.29% compared to Vertex's net margin of -14.20%. Workiva's return on equity of 18.67% beat Vertex's return on equity.

Company Net Margins Return on Equity Return on Assets
Vertex1.29% 18.67% 5.98%
Workiva -14.20%N/A -7.94%

Vertex has higher earnings, but lower revenue than Workiva. Workiva is trading at a lower price-to-earnings ratio than Vertex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Vertex$596.42M8.20-$13.09M$0.04792.50
Workiva$630.04M7.15-$127.53M-$1.72-47.83

Vertex has a beta of 0.65, meaning that its stock price is 35% less volatile than the S&P 500. Comparatively, Workiva has a beta of 1.04, meaning that its stock price is 4% more volatile than the S&P 500.

Workiva received 363 more outperform votes than Vertex when rated by MarketBeat users. Likewise, 65.50% of users gave Workiva an outperform vote while only 39.47% of users gave Vertex an outperform vote.

CompanyUnderperformOutperform
VertexOutperform Votes
30
39.47%
Underperform Votes
46
60.53%
WorkivaOutperform Votes
393
65.50%
Underperform Votes
207
34.50%

Vertex presently has a consensus target price of $35.67, indicating a potential upside of 12.51%. Workiva has a consensus target price of $111.86, indicating a potential upside of 35.98%. Given Vertex's stronger consensus rating and higher probable upside, analysts clearly believe Workiva is more favorable than Vertex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Vertex
0 Sell rating(s)
4 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.60
Workiva
0 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.86

In the previous week, Vertex had 17 more articles in the media than Workiva. MarketBeat recorded 28 mentions for Vertex and 11 mentions for Workiva. Vertex's average media sentiment score of 0.81 beat Workiva's score of 0.74 indicating that Workiva is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Vertex
10 Very Positive mention(s)
4 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Workiva
8 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

59.1% of Vertex shares are owned by institutional investors. Comparatively, 92.2% of Workiva shares are owned by institutional investors. 45.0% of Vertex shares are owned by insiders. Comparatively, 3.9% of Workiva shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Summary

Vertex beats Workiva on 9 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding WK and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

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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WK vs. The Competition

MetricWorkivaPrepackaged software IndustryComputer SectorNYSE Exchange
Market Cap$4.50B$22.06B$20.86B$17.99B
Dividend YieldN/A2.05%2.73%3.46%
P/E Ratio-47.8362.84247.6524.33
Price / Sales7.159.57534.3910.47
Price / CashN/A65.2829.1318.08
Price / Book-54.129.536.546.05
Net Income-$127.53M$368.27M$636.58M$967.12M
7 Day Performance0.71%-0.55%0.42%1.48%
1 Month Performance2.15%-3.72%-0.76%0.92%
1 Year Performance-7.19%16.20%30.92%122.16%

Workiva Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
VERX
Vertex
3.2558 of 5 stars
$30.15
-0.5%
$35.67
+18.3%
+52.3%$4.65B$572.39M-301.501,500Short Interest ↑
News Coverage
CWAN
Clearwater Analytics
1.4698 of 5 stars
$17.65
+1.0%
$21.70
+22.9%
+19.9%$4.32B$368.17M-220.631,756Short Interest ↑
FRSH
Freshworks
3.6906 of 5 stars
$14.26
+0.9%
$22.59
+58.4%
+0.4%$4.25B$596.43M-35.654,900Analyst Forecast
CVLT
Commvault Systems
2.3671 of 5 stars
$109.00
+0.1%
$114.25
+4.8%
+77.0%$4.76B$839.25M28.992,779
FROG
JFrog
3.7672 of 5 stars
$41.02
0.0%
$43.46
+6.0%
+45.0%$4.18B$349.89M-68.371,400Earnings Report
Analyst Forecast
Options Volume
News Coverage
Gap Down
BLKB
Blackbaud
4.2068 of 5 stars
$78.60
-0.7%
$88.00
+12.0%
+10.8%$4.06B$1.11B191.713,000Analyst Upgrade
VRNS
Varonis Systems
3.4352 of 5 stars
$45.00
+0.9%
$49.06
+9.0%
+85.3%$5.02B$499.16M-48.912,233Analyst Forecast
Insider Selling
Analyst Revision
News Coverage
High Trading Volume
SQSP
Squarespace
2.4892 of 5 stars
$36.88
+4.1%
$38.54
+4.5%
+32.5%$5.04B$1.01B-737.601,749Analyst Forecast
Analyst Revision
News Coverage
Gap Up
High Trading Volume
ACIW
ACI Worldwide
3.3099 of 5 stars
$35.88
+1.0%
$40.00
+11.5%
+46.7%$3.81B$1.45B26.783,212Short Interest ↑
Gap Up
BOX
BOX
4.7247 of 5 stars
$26.45
+0.2%
$30.89
+16.8%
-2.8%$3.81B$1.04B39.472,530Short Interest ↓
Positive News

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This page (NYSE:WK) was last updated on 5/11/2024 by MarketBeat.com Staff

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