BLZE vs. PRCH, AMSWA, MIXT, CTV, DOMO, MTLS, ONTF, LAW, BAND, and CCSI
Should you be buying Backblaze stock or one of its competitors? The main competitors of Backblaze include Porch Group (PRCH), American Software (AMSWA), MiX Telematics (MIXT), Innovid (CTV), Domo (DOMO), Materialise (MTLS), ON24 (ONTF), CS Disco (LAW), Bandwidth (BAND), and Consensus Cloud Solutions (CCSI). These companies are all part of the "prepackaged software" industry.
Backblaze (NASDAQ:BLZE) and Porch Group (NASDAQ:PRCH) are both small-cap computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, valuation, profitability, institutional ownership, risk, community ranking, analyst recommendations, earnings and media sentiment.
Porch Group has a net margin of -31.12% compared to Backblaze's net margin of -57.70%. Backblaze's return on equity of -101.48% beat Porch Group's return on equity.
In the previous week, Porch Group had 1 more articles in the media than Backblaze. MarketBeat recorded 8 mentions for Porch Group and 7 mentions for Backblaze. Porch Group's average media sentiment score of 0.41 beat Backblaze's score of 0.36 indicating that Porch Group is being referred to more favorably in the news media.
Backblaze has higher earnings, but lower revenue than Porch Group. Backblaze is trading at a lower price-to-earnings ratio than Porch Group, indicating that it is currently the more affordable of the two stocks.
54.0% of Backblaze shares are held by institutional investors. Comparatively, 48.5% of Porch Group shares are held by institutional investors. 27.1% of Backblaze shares are held by company insiders. Comparatively, 21.0% of Porch Group shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Backblaze currently has a consensus target price of $13.50, indicating a potential upside of 34.19%. Porch Group has a consensus target price of $6.92, indicating a potential upside of 67.47%. Given Porch Group's higher possible upside, analysts plainly believe Porch Group is more favorable than Backblaze.
Backblaze has a beta of 1.22, meaning that its share price is 22% more volatile than the S&P 500. Comparatively, Porch Group has a beta of 2.13, meaning that its share price is 113% more volatile than the S&P 500.
Porch Group received 13 more outperform votes than Backblaze when rated by MarketBeat users. Likewise, 63.64% of users gave Porch Group an outperform vote while only 56.41% of users gave Backblaze an outperform vote.
Summary
Porch Group beats Backblaze on 11 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding BLZE 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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