DDOG vs. VEEV, NET, HUBS, ANSS, SNOW, MSTR, MDB, SPLK, ADSK, and TEAM
Should you be buying Datadog stock or one of its competitors? The main competitors of Datadog include Veeva Systems (VEEV), Cloudflare (NET), HubSpot (HUBS), ANSYS (ANSS), Snowflake (SNOW), MicroStrategy (MSTR), MongoDB (MDB), Splunk (SPLK), Autodesk (ADSK), and Atlassian (TEAM). These companies are all part of the "prepackaged software" industry.
Datadog (NASDAQ:DDOG) and Veeva Systems (NYSE:VEEV) are both large-cap computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their analyst recommendations, dividends, community ranking, valuation, risk, earnings, profitability, media sentiment and institutional ownership.
Datadog has a beta of 1.17, indicating that its stock price is 17% more volatile than the S&P 500. Comparatively, Veeva Systems has a beta of 0.74, indicating that its stock price is 26% less volatile than the S&P 500.
Datadog presently has a consensus target price of $128.18, indicating a potential upside of 6.05%. Veeva Systems has a consensus target price of $231.90, indicating a potential upside of 1.51%. Given Datadog's stronger consensus rating and higher possible upside, equities research analysts clearly believe Datadog is more favorable than Veeva Systems.
Veeva Systems has higher revenue and earnings than Datadog. Veeva Systems is trading at a lower price-to-earnings ratio than Datadog, indicating that it is currently the more affordable of the two stocks.
In the previous week, Datadog had 16 more articles in the media than Veeva Systems. MarketBeat recorded 33 mentions for Datadog and 17 mentions for Veeva Systems. Veeva Systems' average media sentiment score of 0.76 beat Datadog's score of 0.41 indicating that Veeva Systems is being referred to more favorably in the news media.
68.3% of Datadog shares are owned by institutional investors. Comparatively, 80.1% of Veeva Systems shares are owned by institutional investors. 15.0% of Datadog shares are owned by company insiders. Comparatively, 11.0% of Veeva Systems shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Veeva Systems received 441 more outperform votes than Datadog when rated by MarketBeat users. Likewise, 69.68% of users gave Veeva Systems an outperform vote while only 63.41% of users gave Datadog an outperform vote.
Veeva Systems has a net margin of 22.24% compared to Datadog's net margin of 2.28%. Veeva Systems' return on equity of 11.59% beat Datadog's return on equity.
Summary
Veeva Systems beats Datadog 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 DDOG 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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