WDAY vs. FTNT, ANET, NTES, SNOW, VMW, RELX, ROP, MSI, NXPI, and APH
Should you be buying Workday stock or one of its competitors? The main competitors of Workday include Fortinet (FTNT), Arista Networks (ANET), NetEase (NTES), Snowflake (SNOW), VMware (VMW), Relx (RELX), Roper Technologies (ROP), Motorola Solutions (MSI), NXP Semiconductors (NXPI), and Amphenol (APH). These companies are all part of the "computer and technology" sector.
Workday vs.
Workday (NASDAQ:WDAY) and Fortinet (NASDAQ:FTNT) are both large-cap computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their media sentiment, institutional ownership, risk, analyst recommendations, community ranking, dividends, valuation, earnings and profitability.
Workday presently has a consensus target price of $223.44, indicating a potential upside of 4.22%. Fortinet has a consensus target price of $72.30, indicating a potential upside of 6.21%. Given Fortinet's stronger consensus rating and higher possible upside, analysts plainly believe Fortinet is more favorable than Workday.
Workday received 105 more outperform votes than Fortinet when rated by MarketBeat users. However, 68.78% of users gave Fortinet an outperform vote while only 65.52% of users gave Workday an outperform vote.
In the previous week, Workday had 29 more articles in the media than Fortinet. MarketBeat recorded 36 mentions for Workday and 7 mentions for Fortinet. Fortinet's average media sentiment score of 0.58 beat Workday's score of 0.51 indicating that Fortinet is being referred to more favorably in the news media.
Workday has a beta of 1.27, meaning that its share price is 27% more volatile than the S&P 500. Comparatively, Fortinet has a beta of 1.15, meaning that its share price is 15% more volatile than the S&P 500.
Fortinet has a net margin of 20.46% compared to Workday's net margin of -4.09%. Workday's return on equity of -0.44% beat Fortinet's return on equity.
Fortinet has lower revenue, but higher earnings than Workday. Workday is trading at a lower price-to-earnings ratio than Fortinet, indicating that it is currently the more affordable of the two stocks.
67.0% of Workday shares are held by institutional investors. Comparatively, 64.4% of Fortinet shares are held by institutional investors. 21.1% of Workday shares are held by insiders. Comparatively, 18.6% of Fortinet shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Summary
Fortinet beats Workday 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 WDAY 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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