OKTA vs. CTXS, PAYC, COUP, ANSS, PLTR, TTD, SNOW, BIDU, VEEV, and PINS
Should you be buying Okta stock or one of its competitors? The main competitors of Okta include Citrix Systems (CTXS), Paycom Software (PAYC), Coupa Software (COUP), ANSYS (ANSS), Palantir Technologies (PLTR), Trade Desk (TTD), Snowflake (SNOW), Baidu (BIDU), Veeva Systems (VEEV), and Pinterest (PINS).
Citrix Systems (NASDAQ:CTXS) and Okta (NASDAQ:OKTA) are both large-cap computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their media sentiment, earnings, analyst recommendations, community ranking, dividends, risk, institutional ownership, profitability and valuation.
Okta has a consensus price target of $105.58, suggesting a potential upside of 12.94%. Given Citrix Systems' higher possible upside, analysts plainly believe Okta is more favorable than Citrix Systems.
Citrix Systems received 421 more outperform votes than Okta when rated by MarketBeat users. Likewise, 67.42% of users gave Citrix Systems an outperform vote while only 59.60% of users gave Okta an outperform vote.
Citrix Systems has a beta of 0.08, indicating that its share price is 92% less volatile than the S&P 500. Comparatively, Okta has a beta of 1.03, indicating that its share price is 3% more volatile than the S&P 500.
Citrix Systems has a net margin of 9.97% compared to Citrix Systems' net margin of -11.69%. Okta's return on equity of 68.95% beat Citrix Systems' return on equity.
Citrix Systems has higher revenue and earnings than Okta. Okta is trading at a lower price-to-earnings ratio than Citrix Systems, indicating that it is currently the more affordable of the two stocks.
In the previous week, Okta had 20 more articles in the media than Citrix Systems. MarketBeat recorded 21 mentions for Okta and 1 mentions for Citrix Systems. Citrix Systems' average media sentiment score of 0.78 beat Okta's score of 0.00 indicating that Okta is being referred to more favorably in the news media.
87.3% of Citrix Systems shares are owned by institutional investors. Comparatively, 86.6% of Okta shares are owned by institutional investors. 0.6% of Citrix Systems shares are owned by insiders. Comparatively, 7.0% of Okta 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.
Summary
Citrix Systems beats Okta on 10 of the 17 factors compared between the two stocks.
Get Okta News Delivered to You Automatically
Sign up to receive the latest news and ratings for OKTA and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding OKTA and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This 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.
Related Companies and Tools
Free OKTA Stock Alerts