VRNS vs. TENB, FRSH, SMAR, ZI, WK, VERX, QLYS, SQSP, FROG, and BOX
Should you be buying Varonis Systems stock or one of its competitors? The main competitors of Varonis Systems include Tenable (TENB), Freshworks (FRSH), Smartsheet (SMAR), ZoomInfo Technologies (ZI), Workiva (WK), Vertex (VERX), Qualys (QLYS), Squarespace (SQSP), JFrog (FROG), and BOX (BOX). These companies are all part of the "prepackaged software" industry.
Varonis Systems (NASDAQ:VRNS) and Tenable (NASDAQ:TENB) are both mid-cap computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, institutional ownership, analyst recommendations, valuation, media sentiment, profitability, earnings, risk and community ranking.
Varonis Systems has a beta of 0.86, indicating that its share price is 14% less volatile than the S&P 500. Comparatively, Tenable has a beta of 0.94, indicating that its share price is 6% less volatile than the S&P 500.
In the previous week, Tenable had 3 more articles in the media than Varonis Systems. MarketBeat recorded 14 mentions for Tenable and 11 mentions for Varonis Systems. Tenable's average media sentiment score of 0.93 beat Varonis Systems' score of 0.81 indicating that Tenable is being referred to more favorably in the news media.
Varonis Systems received 614 more outperform votes than Tenable when rated by MarketBeat users. Likewise, 73.93% of users gave Varonis Systems an outperform vote while only 68.02% of users gave Tenable an outperform vote.
Tenable has higher revenue and earnings than Varonis Systems. Tenable is trading at a lower price-to-earnings ratio than Varonis Systems, indicating that it is currently the more affordable of the two stocks.
Varonis Systems presently has a consensus target price of $48.81, indicating a potential downside of 0.69%. Tenable has a consensus target price of $56.63, indicating a potential upside of 20.63%. Given Tenable's stronger consensus rating and higher probable upside, analysts plainly believe Tenable is more favorable than Varonis Systems.
92.5% of Varonis Systems shares are held by institutional investors. Comparatively, 88.1% of Tenable shares are held by institutional investors. 2.4% of Varonis Systems shares are held by insiders. Comparatively, 4.5% of Tenable shares are held 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 a net margin of -9.80% compared to Varonis Systems' net margin of -20.22%. Tenable's return on equity of -15.19% beat Varonis Systems' return on equity.
Summary
Tenable beats Varonis Systems on 13 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding VRNS 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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