SNPS vs. CDNS, ADSK, ANSS, SPLK, INTU, ADBE, CRM, SHOP, NTES, and VMW
Should you be buying Synopsys stock or one of its competitors? The main competitors of Synopsys include Cadence Design Systems (CDNS), Autodesk (ADSK), ANSYS (ANSS), Splunk (SPLK), Intuit (INTU), Adobe (ADBE), Salesforce (CRM), Shopify (SHOP), NetEase (NTES), and VMware (VMW). These companies are all part of the "prepackaged software" industry.
Synopsys vs.
Synopsys (NASDAQ:SNPS) and Cadence Design Systems (NASDAQ:CDNS) are both large-cap computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their media sentiment, institutional ownership, analyst recommendations, profitability, community ranking, risk, earnings, dividends and valuation.
Synopsys has a beta of 1.18, indicating that its share price is 18% more volatile than the S&P 500. Comparatively, Cadence Design Systems has a beta of 1.07, indicating that its share price is 7% more volatile than the S&P 500.
Synopsys currently has a consensus price target of $424.18, indicating a potential upside of 13.87%. Cadence Design Systems has a consensus price target of $211.55, indicating a potential upside of 2.26%. Given Synopsys' stronger consensus rating and higher possible upside, analysts clearly believe Synopsys is more favorable than Cadence Design Systems.
Synopsys has higher revenue and earnings than Cadence Design Systems. Synopsys is trading at a lower price-to-earnings ratio than Cadence Design Systems, indicating that it is currently the more affordable of the two stocks.
Synopsys received 244 more outperform votes than Cadence Design Systems when rated by MarketBeat users. However, 72.41% of users gave Cadence Design Systems an outperform vote while only 72.01% of users gave Synopsys an outperform vote.
Cadence Design Systems has a net margin of 23.83% compared to Synopsys' net margin of 18.22%. Cadence Design Systems' return on equity of 33.89% beat Synopsys' return on equity.
84.7% of Synopsys shares are owned by institutional investors. Comparatively, 84.1% of Cadence Design Systems shares are owned by institutional investors. 0.7% of Synopsys shares are owned by insiders. Comparatively, 2.0% of Cadence Design Systems shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
In the previous week, Cadence Design Systems had 17 more articles in the media than Synopsys. MarketBeat recorded 22 mentions for Cadence Design Systems and 5 mentions for Synopsys. Cadence Design Systems' average media sentiment score of 0.43 beat Synopsys' score of 0.20 indicating that Cadence Design Systems is being referred to more favorably in the news media.
Summary
Synopsys and Cadence Design Systems tied by winning 9 of the 18 factors compared between the two stocks.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding SNPS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
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.
Synopsys Competitors List
