MNDY vs. ESTC, PCOR, CTXS, PCTY, SMAR, SNOW, DDOG, SQ, EA, and VEEV
Should you be buying monday.com stock or one of its competitors? The main competitors of monday.com include Elastic (ESTC), Procore Technologies (PCOR), Citrix Systems (CTXS), Paylocity (PCTY), Smartsheet (SMAR), Snowflake (SNOW), Datadog (DDOG), Block (SQ), Electronic Arts (EA), and Veeva Systems (VEEV).
Elastic (NYSE:ESTC) and monday.com (NASDAQ:MNDY) are both large-cap business services companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, institutional ownership, community ranking, profitability, valuation, analyst recommendations, media sentiment, risk and earnings.
Elastic has higher revenue and earnings than monday.com. Elastic is trading at a lower price-to-earnings ratio than monday.com, indicating that it is currently the more affordable of the two stocks.
Elastic has a beta of 0.98, meaning that its stock price is 2% less volatile than the S&P 500. Comparatively, monday.com has a beta of 1.3, meaning that its stock price is 30% more volatile than the S&P 500.
Elastic has a net margin of 4.87% compared to Elastic's net margin of 2.53%. Elastic's return on equity of 2.42% beat monday.com's return on equity.
Elastic currently has a consensus target price of $118.05, suggesting a potential upside of 3.41%. monday.com has a consensus target price of $255.53, suggesting a potential upside of 7.00%. Given Elastic's stronger consensus rating and higher possible upside, analysts plainly believe monday.com is more favorable than Elastic.
Elastic received 216 more outperform votes than monday.com when rated by MarketBeat users. Likewise, 64.78% of users gave Elastic an outperform vote while only 62.42% of users gave monday.com an outperform vote.
In the previous week, monday.com had 9 more articles in the media than Elastic. MarketBeat recorded 17 mentions for monday.com and 8 mentions for Elastic. Elastic's average media sentiment score of 0.88 beat monday.com's score of 0.59 indicating that monday.com is being referred to more favorably in the news media.
97.0% of Elastic shares are owned by institutional investors. Comparatively, 73.7% of monday.com shares are owned by institutional investors. 18.1% of Elastic shares are owned by company insiders. Comparatively, 22.3% of monday.com 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.
Summary
monday.com beats Elastic 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 MNDY 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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