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NYSE:ESTC

Elastic - ESTC Competitors

$57.37
+2.20 (+3.99%)
(As of 03/21/2023 05:17 PM ET)
Add
Compare
Today's Range
$55.32
$57.88
50-Day Range
$50.50
$65.10
52-Week Range
$46.18
$96.12
Volume
779,603 shs
Average Volume
1.27 million shs
Market Capitalization
$5.54 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$77.38

ESTC vs. SPSC, DUOL, CFLT, INST, BRZE, CXM, PATH, YMM, JAMF, and PCOR

Should you be buying Elastic stock or one of its competitors? The main competitors of Elastic include SPS Commerce (SPSC), Duolingo (DUOL), Confluent (CFLT), Instructure (INST), Braze (BRZE), Sprinklr (CXM), UiPath (PATH), Full Truck Alliance (YMM), Jamf (JAMF), and Procore Technologies (PCOR). These companies are all part of the "prepackaged software" industry.

Elastic vs.

SPS Commerce (NASDAQ:SPSC) and Elastic (NYSE:ESTC) are both mid-cap business services companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, risk, community ranking, institutional ownership, dividends, earnings, analyst recommendations, media sentiment and profitability.

99.3% of SPS Commerce shares are owned by institutional investors. Comparatively, 78.4% of Elastic shares are owned by institutional investors. 1.3% of SPS Commerce shares are owned by insiders. Comparatively, 18.8% of Elastic shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

SPS Commerce has higher earnings, but lower revenue than Elastic. Elastic is trading at a lower price-to-earnings ratio than SPS Commerce, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
SPS Commerce$450.88 million11.95$55.13 million$1.4999.62
Elastic$862.37 million6.42-$203.85 million-$2.70-21.25

SPS Commerce has a beta of 0.77, suggesting that its stock price is 23% less volatile than the S&P 500. Comparatively, Elastic has a beta of 1.09, suggesting that its stock price is 9% more volatile than the S&P 500.

SPS Commerce received 339 more outperform votes than Elastic when rated by MarketBeat users. Likewise, 74.55% of users gave SPS Commerce an outperform vote while only 66.83% of users gave Elastic an outperform vote.

CompanyUnderperformOutperform
SPS CommerceOutperform Votes
615
74.55%
Underperform Votes
210
25.45%
ElasticOutperform Votes
276
66.83%
Underperform Votes
137
33.17%

SPS Commerce has a net margin of 12.23% compared to Elastic's net margin of -24.80%. SPS Commerce's return on equity of 12.55% beat Elastic's return on equity.

Company Net Margins Return on Equity Return on Assets
SPS Commerce 12.23% 12.55% 10.02%
Elastic -24.80% -52.03% -12.82%

SPS Commerce presently has a consensus target price of $156.17, suggesting a potential upside of 5.21%. Elastic has a consensus target price of $77.38, suggesting a potential upside of 34.87%. Given Elastic's stronger consensus rating and higher probable upside, analysts clearly believe Elastic is more favorable than SPS Commerce.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SPS Commerce
0 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.50
Elastic
1 Sell rating(s)
4 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.65

In the previous week, SPS Commerce and SPS Commerce both had 4 articles in the media. SPS Commerce's average media sentiment score of 0.20 beat Elastic's score of 0.10 indicating that SPS Commerce is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
SPS Commerce
1 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Elastic
0 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

SPS Commerce beats Elastic on 11 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ESTC 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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ESTC vs. The Competition

MetricElasticPrepackaged software IndustryBusiness SectorNYSE Exchange
Market Cap$5.54B$15.33B$4.71B$14.30B
Dividend YieldN/A2.00%4.92%3.94%
P/E Ratio-21.2535.56251.9720.02
Price / Sales6.427.61332.1310.31
Price / CashN/A55.3420.3216.34
Price / Book12.9210.714.406.99
Net Income-$203.85M$274.78M$115.16M$874.19M
7 Day Performance4.08%1.16%-0.63%-0.71%
1 Month Performance-2.28%-3.49%-6.39%-6.19%
1 Year Performance-33.45%-26.49%-21.30%-13.49%

Elastic Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SPSC
SPS Commerce
1.9905 of 5 stars
$146.67
+0.3%
$156.17
+6.5%
+10.9%$5.33B$450.88M98.442,215
DUOL
Duolingo
1.9647 of 5 stars
$122.91
-0.7%
$116.33
-5.4%
+45.9%$4.99B$369.50M-81.94500High Trading Volume
CFLT
Confluent
2.6188 of 5 stars
$22.14
-2.0%
$30.74
+38.8%
-42.5%$6.45B$585.94M-13.752,761
INST
Instructure
2.373 of 5 stars
$24.24
+0.2%
$32.50
+34.1%
+18.2%$3.46B$475.19M-101.001,397
BRZE
Braze
2.4093 of 5 stars
$31.73
+2.9%
$41.56
+31.0%
-19.9%$3.04B$327.19M-19.001,164
CXM
Sprinklr
1.6189 of 5 stars
$10.05
+0.1%
$11.50
+14.4%
-12.5%$2.62B$588.53M-28.713,245High Trading Volume
PATH
UiPath
1.6211 of 5 stars
$14.64
+1.9%
$17.97
+22.8%
-45.0%$8.09B$892.25M-21.852,863
YMM
Full Truck Alliance
2.0263 of 5 stars
$7.33
-2.3%
$11.00
+50.1%
+1.0%$8.10B$6.73B146.637,103Gap Down
JAMF
Jamf
2.1742 of 5 stars
$19.97
+1.0%
$27.00
+35.2%
-47.3%$2.46B$478.78M-17.072,796
PCOR
Procore Technologies
2.2391 of 5 stars
$58.59
-1.9%
$72.67
+24.0%
-2.0%$8.22B$720.20M-27.903,568Analyst Report
This page (NYSE:ESTC) was last updated on 3/21/2023 by MarketBeat.com Staff