FRSH vs. SMAR, TENB, VRNS, SQSP, ZI, QLYS, WK, FROG, CVLT, and BL
Should you be buying Freshworks stock or one of its competitors? The main competitors of Freshworks include Smartsheet (SMAR), Tenable (TENB), Varonis Systems (VRNS), Squarespace (SQSP), ZoomInfo Technologies (ZI), Qualys (QLYS), Workiva (WK), JFrog (FROG), Commvault Systems (CVLT), and BlackLine (BL). These companies are all part of the "prepackaged software" industry.
Freshworks (NASDAQ:FRSH) and Smartsheet (NYSE:SMAR) are both mid-cap computer and technology companies, but which is the superior stock? We will contrast the two businesses based on the strength of their dividends, analyst recommendations, profitability, risk, earnings, media sentiment, valuation, institutional ownership and community ranking.
Freshworks currently has a consensus target price of $25.00, suggesting a potential upside of 42.13%. Smartsheet has a consensus target price of $49.75, suggesting a potential upside of 35.12%. Given Freshworks' stronger consensus rating and higher possible upside, equities research analysts clearly believe Freshworks is more favorable than Smartsheet.
Freshworks has a beta of 0.9, meaning that its share price is 10% less volatile than the S&P 500. Comparatively, Smartsheet has a beta of 0.73, meaning that its share price is 27% less volatile than the S&P 500.
In the previous week, Smartsheet had 5 more articles in the media than Freshworks. MarketBeat recorded 15 mentions for Smartsheet and 10 mentions for Freshworks. Smartsheet's average media sentiment score of 0.66 beat Freshworks' score of 0.60 indicating that Smartsheet is being referred to more favorably in the news media.
Smartsheet has higher revenue and earnings than Freshworks. Smartsheet is trading at a lower price-to-earnings ratio than Freshworks, indicating that it is currently the more affordable of the two stocks.
75.6% of Freshworks shares are owned by institutional investors. Comparatively, 90.0% of Smartsheet shares are owned by institutional investors. 26.7% of Freshworks shares are owned by insiders. Comparatively, 4.7% of Smartsheet shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Smartsheet received 347 more outperform votes than Freshworks when rated by MarketBeat users. Likewise, 65.47% of users gave Smartsheet an outperform vote while only 37.11% of users gave Freshworks an outperform vote.
Smartsheet has a net margin of -10.92% compared to Freshworks' net margin of -23.04%. Freshworks' return on equity of -12.55% beat Smartsheet's return on equity.
Summary
Freshworks and Smartsheet tied by winning 9 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding FRSH 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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