SPLK vs. TYL, SSNC, MANH, GWRE, ANSS, ADSK, CDNS, PAYC, PTC, and CHKP
Should you be buying Splunk stock or one of its competitors? The main competitors of Splunk include Tyler Technologies (TYL), SS&C Technologies (SSNC), Manhattan Associates (MANH), Guidewire Software (GWRE), ANSYS (ANSS), Autodesk (ADSK), Cadence Design Systems (CDNS), Paycom Software (PAYC), PTC (PTC), and Check Point Software Technologies (CHKP). These companies are all part of the "prepackaged software" industry.
Splunk vs.
Tyler Technologies (NYSE:TYL) and Splunk (NASDAQ:SPLK) are both large-cap computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their profitability, institutional ownership, valuation, risk, analyst recommendations, media sentiment, earnings, community ranking and dividends.
Tyler Technologies has higher earnings, but lower revenue than Splunk. Splunk is trading at a lower price-to-earnings ratio than Tyler Technologies, indicating that it is currently the more affordable of the two stocks.
Tyler Technologies has a net margin of 8.31% compared to Splunk's net margin of -4.56%. Tyler Technologies' return on equity of 9.02% beat Splunk's return on equity.
Tyler Technologies presently has a consensus price target of $435.38, suggesting a potential upside of 9.48%. Splunk has a consensus price target of $118.19, suggesting a potential upside of 14.88%. Given Splunk's higher probable upside, analysts clearly believe Splunk is more favorable than Tyler Technologies.
89.5% of Tyler Technologies shares are held by institutional investors. Comparatively, 85.7% of Splunk shares are held by institutional investors. 2.2% of Tyler Technologies shares are held by company insiders. Comparatively, 0.2% of Splunk shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Tyler Technologies has a beta of 0.83, suggesting that its stock price is 17% less volatile than the S&P 500. Comparatively, Splunk has a beta of 1.28, suggesting that its stock price is 28% more volatile than the S&P 500.
Splunk received 1144 more outperform votes than Tyler Technologies when rated by MarketBeat users. Likewise, 78.64% of users gave Splunk an outperform vote while only 74.60% of users gave Tyler Technologies an outperform vote.
In the previous week, Splunk had 6 more articles in the media than Tyler Technologies. MarketBeat recorded 10 mentions for Splunk and 4 mentions for Tyler Technologies. Tyler Technologies' average media sentiment score of 0.94 beat Splunk's score of 0.41 indicating that Tyler Technologies is being referred to more favorably in the media.
Summary
Tyler Technologies beats Splunk on 11 of the 18 factors compared between the two stocks.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding SPLK and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartMedia 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.
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