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Asana (ASAN) Competitors

$13.58
+0.06 (+0.44%)
(As of 07/12/2024 08:51 PM ET)

ASAN vs. DOCU, GWRE, CYBR, MNDY, NICE, TWLO, PCOR, APPF, YMM, and DSGX

Should you be buying Asana stock or one of its competitors? The main competitors of Asana include DocuSign (DOCU), Guidewire Software (GWRE), CyberArk Software (CYBR), monday.com (MNDY), NICE (NICE), Twilio (TWLO), Procore Technologies (PCOR), AppFolio (APPF), Full Truck Alliance (YMM), and The Descartes Systems Group (DSGX). These companies are all part of the "prepackaged software" industry.

Asana vs.

Asana (NYSE:ASAN) and DocuSign (NASDAQ:DOCU) are both computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their community ranking, analyst recommendations, institutional ownership, valuation, earnings, risk, media sentiment, dividends and profitability.

DocuSign has a net margin of 3.81% compared to Asana's net margin of -38.55%. DocuSign's return on equity of 15.44% beat Asana's return on equity.

Company Net Margins Return on Equity Return on Assets
Asana-38.55% -77.48% -26.46%
DocuSign 3.81%15.44%5.04%

DocuSign has higher revenue and earnings than Asana. Asana is trading at a lower price-to-earnings ratio than DocuSign, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Asana$652.50M4.75-$257.03M-$1.17-11.61
DocuSign$2.76B4.18$73.98M$0.52108.43

Asana has a beta of 1.16, suggesting that its share price is 16% more volatile than the S&P 500. Comparatively, DocuSign has a beta of 0.94, suggesting that its share price is 6% less volatile than the S&P 500.

Asana presently has a consensus target price of $18.17, suggesting a potential upside of 33.78%. DocuSign has a consensus target price of $59.36, suggesting a potential upside of 5.29%. Given Asana's stronger consensus rating and higher probable upside, analysts plainly believe Asana is more favorable than DocuSign.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Asana
2 Sell rating(s)
7 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.08
DocuSign
2 Sell rating(s)
8 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.00

26.2% of Asana shares are owned by institutional investors. Comparatively, 77.6% of DocuSign shares are owned by institutional investors. 64.0% of Asana shares are owned by insiders. Comparatively, 1.7% of DocuSign shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

DocuSign received 344 more outperform votes than Asana when rated by MarketBeat users. Likewise, 59.37% of users gave DocuSign an outperform vote while only 42.26% of users gave Asana an outperform vote.

CompanyUnderperformOutperform
AsanaOutperform Votes
71
42.26%
Underperform Votes
97
57.74%
DocuSignOutperform Votes
415
59.37%
Underperform Votes
284
40.63%

In the previous week, DocuSign had 12 more articles in the media than Asana. MarketBeat recorded 16 mentions for DocuSign and 4 mentions for Asana. DocuSign's average media sentiment score of 0.85 beat Asana's score of 0.01 indicating that DocuSign is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Asana
0 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
DocuSign
9 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

DocuSign beats Asana on 12 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ASAN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE 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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ASAN vs. The Competition

MetricAsanaPrepackaged software IndustryComputer SectorNYSE Exchange
Market Cap$3.10B$22.56B$21.94B$18.17B
Dividend YieldN/A2.05%2.65%3.49%
P/E Ratio-11.6147.10207.8721.80
Price / Sales4.758.80551.1115.14
Price / CashN/A70.8031.2120.14
Price / Book9.379.537.064.82
Net Income-$257.03M$364.55M$610.23M$967.95M
7 Day Performance0.85%2.99%5.24%5.63%
1 Month Performance10.14%3.15%6.16%6.99%
1 Year Performance-41.01%0.36%12.53%10.31%

Asana Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
DOCU
DocuSign
3.7383 of 5 stars
3.74 / 5 stars
$56.38
+3.8%
$59.36
+5.3%
+6.9%$11.54B$2.76B108.436,840Short Interest ↑
GWRE
Guidewire Software
3.2741 of 5 stars
3.27 / 5 stars
$138.14
+0.8%
$133.08
-3.7%
+75.2%$11.42B$905.34M-1,062.503,415Positive News
CYBR
CyberArk Software
1.2245 of 5 stars
1.22 / 5 stars
$269.91
+0.3%
$280.63
+4.0%
+66.2%$11.41B$751.89M-421.733,018Short Interest ↑
Positive News
MNDY
monday.com
3.3492 of 5 stars
3.35 / 5 stars
$231.58
+0.1%
$255.83
+10.5%
+32.7%$11.18B$784.35M609.441,168Analyst Forecast
NICE
NICE
4.2119 of 5 stars
4.21 / 5 stars
$174.19
+2.2%
$272.07
+56.2%
-15.4%$10.72B$2.46B31.448,384Positive News
TWLO
Twilio
4.2479 of 5 stars
4.25 / 5 stars
$57.87
+1.5%
$69.38
+19.9%
-13.5%$9.91B$4.15B-14.435,867Analyst Upgrade
Short Interest ↑
PCOR
Procore Technologies
2.3303 of 5 stars
2.33 / 5 stars
$67.16
+3.5%
$80.87
+20.4%
-6.9%$9.83B$950.01M-69.962,880Analyst Forecast
APPF
AppFolio
1.9197 of 5 stars
1.92 / 5 stars
$264.35
+5.0%
$248.71
-5.9%
+40.2%$9.57B$620.45M127.711,504Analyst Forecast
YMM
Full Truck Alliance
3.3722 of 5 stars
3.37 / 5 stars
$8.25
-1.0%
$9.50
+15.2%
+14.3%$9.12B$9.00B25.787,585Positive News
DSGX
The Descartes Systems Group
3.6201 of 5 stars
3.62 / 5 stars
$101.07
+0.9%
$102.00
+0.9%
+27.1%$8.63B$572.90M72.192,175Short Interest ↓
Positive News

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This page (NYSE:ASAN) was last updated on 7/15/2024 by MarketBeat.com Staff

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