AVDX vs. ALKT, INTA, PRGS, AI, APPN, PD, RPD, SWI, SEMR, and SPNS
Should you be buying AvidXchange stock or one of its competitors? The main competitors of AvidXchange include Alkami Technology (ALKT), Intapp (INTA), Progress Software (PRGS), C3.ai (AI), Appian (APPN), PagerDuty (PD), Rapid7 (RPD), SolarWinds (SWI), Semrush (SEMR), and Sapiens International (SPNS). These companies are all part of the "prepackaged software" industry.
AvidXchange (NASDAQ:AVDX) and Alkami Technology (NASDAQ:ALKT) are both mid-cap computer and technology companies, but which is the better business? We will contrast the two companies based on the strength of their earnings, institutional ownership, media sentiment, risk, analyst recommendations, dividends, valuation, community ranking and profitability.
AvidXchange currently has a consensus price target of $13.07, suggesting a potential upside of 14.62%. Alkami Technology has a consensus price target of $26.10, suggesting a potential upside of 9.21%. Given AvidXchange's higher possible upside, research analysts plainly believe AvidXchange is more favorable than Alkami Technology.
AvidXchange has a net margin of -12.43% compared to Alkami Technology's net margin of -23.76%. AvidXchange's return on equity of -3.84% beat Alkami Technology's return on equity.
Alkami Technology received 5 more outperform votes than AvidXchange when rated by MarketBeat users. Likewise, 62.12% of users gave Alkami Technology an outperform vote while only 45.00% of users gave AvidXchange an outperform vote.
AvidXchange has higher revenue and earnings than Alkami Technology. AvidXchange is trading at a lower price-to-earnings ratio than Alkami Technology, indicating that it is currently the more affordable of the two stocks.
AvidXchange has a beta of 1.04, indicating that its stock price is 4% more volatile than the S&P 500. Comparatively, Alkami Technology has a beta of 0.4, indicating that its stock price is 60% less volatile than the S&P 500.
In the previous week, AvidXchange had 2 more articles in the media than Alkami Technology. MarketBeat recorded 10 mentions for AvidXchange and 8 mentions for Alkami Technology. Alkami Technology's average media sentiment score of 0.56 beat AvidXchange's score of 0.10 indicating that Alkami Technology is being referred to more favorably in the news media.
80.6% of AvidXchange shares are held by institutional investors. Comparatively, 55.0% of Alkami Technology shares are held by institutional investors. 10.3% of AvidXchange shares are held by company insiders. Comparatively, 38.0% of Alkami Technology shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Summary
AvidXchange beats Alkami Technology 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 AVDX 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 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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