TENB vs. FRSH, ZI, SMAR, SQSP, SPSC, VRNS, QLYS, VERX, S, and BILL
Should you be buying Tenable stock or one of its competitors? The main competitors of Tenable include Freshworks (FRSH), ZoomInfo Technologies (ZI), Smartsheet (SMAR), Squarespace (SQSP), SPS Commerce (SPSC), Varonis Systems (VRNS), Qualys (QLYS), Vertex (VERX), SentinelOne (S), and BILL (BILL). These companies are all part of the "prepackaged software" industry.
Freshworks (NASDAQ:FRSH) and Tenable (NASDAQ:TENB) are both mid-cap computer and technology companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, dividends, community ranking, profitability, analyst recommendations, valuation, risk, institutional ownership and media sentiment.
75.6% of Freshworks shares are owned by institutional investors. Comparatively, 89.1% of Tenable shares are owned by institutional investors. 26.7% of Freshworks shares are owned by insiders. Comparatively, 4.3% of Tenable shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Tenable has higher revenue and earnings than Freshworks. Tenable is trading at a lower price-to-earnings ratio than Freshworks, indicating that it is currently the more affordable of the two stocks.
Tenable has a net margin of -9.80% compared to Tenable's net margin of -23.04%. Tenable's return on equity of -12.55% beat Freshworks' return on equity.
Freshworks currently has a consensus price target of $25.29, indicating a potential upside of 36.58%. Tenable has a consensus price target of $57.93, indicating a potential upside of 24.79%. Given Tenable's higher probable upside, research analysts plainly believe Freshworks is more favorable than Tenable.
Tenable received 218 more outperform votes than Freshworks when rated by MarketBeat users. Likewise, 68.28% of users gave Tenable an outperform vote while only 37.11% of users gave Freshworks an outperform vote.
Freshworks has a beta of 0.9, meaning that its share price is 10% less volatile than the S&P 500. Comparatively, Tenable has a beta of 0.94, meaning that its share price is 6% less volatile than the S&P 500.
In the previous week, Freshworks had 1 more articles in the media than Tenable. MarketBeat recorded 8 mentions for Freshworks and 7 mentions for Tenable. Tenable's average media sentiment score of 0.71 beat Freshworks' score of 0.12 indicating that Freshworks is being referred to more favorably in the media.
Summary
Tenable beats Freshworks on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding TENB 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.
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