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Elastic (ESTC) Competitors

$112.63
-1.00 (-0.88%)
(As of 07/26/2024 ET)

ESTC vs. TTD, SNOW, DDOG, BIDU, VEEV, NET, PINS, HUBS, RBLX, and SNAP

Should you be buying Elastic stock or one of its competitors? The main competitors of Elastic include Trade Desk (TTD), Snowflake (SNOW), Datadog (DDOG), Baidu (BIDU), Veeva Systems (VEEV), Cloudflare (NET), Pinterest (PINS), HubSpot (HUBS), Roblox (RBLX), and Snap (SNAP). These companies are all part of the "computer software" industry.

Elastic vs.

Trade Desk (NASDAQ:TTD) and Elastic (NYSE:ESTC) are both large-cap computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their dividends, risk, media sentiment, community ranking, valuation, earnings, analyst recommendations, institutional ownership and profitability.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Trade Desk$1.95B23.23$178.94M$0.40231.08
Elastic$1.27B9.04$61.72M$0.53212.51

In the previous week, Trade Desk had 27 more articles in the media than Elastic. MarketBeat recorded 34 mentions for Trade Desk and 7 mentions for Elastic. Elastic's average media sentiment score of 0.83 beat Trade Desk's score of 0.59 indicating that Trade Desk is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Trade Desk
15 Very Positive mention(s)
10 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Elastic
3 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

67.8% of Trade Desk shares are owned by institutional investors. Comparatively, 97.0% of Elastic shares are owned by institutional investors. 10.2% of Trade Desk shares are owned by company insiders. Comparatively, 18.1% of Elastic shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Trade Desk currently has a consensus target price of $100.38, suggesting a potential upside of 8.60%. Elastic has a consensus target price of $118.05, suggesting a potential upside of 4.81%. Given Elastic's stronger consensus rating and higher possible upside, equities research analysts plainly believe Trade Desk is more favorable than Elastic.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Trade Desk
1 Sell rating(s)
2 Hold rating(s)
24 Buy rating(s)
0 Strong Buy rating(s)
2.85
Elastic
0 Sell rating(s)
6 Hold rating(s)
15 Buy rating(s)
0 Strong Buy rating(s)
2.71

Trade Desk received 456 more outperform votes than Elastic when rated by MarketBeat users. Likewise, 76.12% of users gave Trade Desk an outperform vote while only 64.78% of users gave Elastic an outperform vote.

CompanyUnderperformOutperform
Trade DeskOutperform Votes
765
76.12%
Underperform Votes
240
23.88%
ElasticOutperform Votes
309
64.78%
Underperform Votes
168
35.22%

Trade Desk has a beta of 1.48, meaning that its share price is 48% more volatile than the S&P 500. Comparatively, Elastic has a beta of 0.98, meaning that its share price is 2% less volatile than the S&P 500.

Trade Desk has a net margin of 9.80% compared to Trade Desk's net margin of 4.87%. Elastic's return on equity of 9.41% beat Trade Desk's return on equity.

Company Net Margins Return on Equity Return on Assets
Trade Desk9.80% 9.41% 4.37%
Elastic 4.87%-20.83%-6.21%

Summary

Trade Desk beats Elastic on 15 of the 18 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$11.46B$22.73B$6.55B$18.51B
Dividend YieldN/A2.04%2.94%3.51%
P/E Ratio212.5169.5521.2324.86
Price / Sales9.048.831,124.2115.32
Price / CashN/A68.7728.8319.61
Price / Book15.399.524.485.07
Net Income$61.72M$374.40M$117.40M$976.63M
7 Day Performance0.72%2.43%1.43%1.50%
1 Month Performance2.34%5.63%4.50%6.13%
1 Year Performance76.51%3.37%0.56%7.83%

Elastic Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TTD
Trade Desk
3.5088 of 5 stars
3.51 / 5 stars
$92.43
+1.7%
$100.38
+8.6%
+9.3%$44.45B$1.95B231.083,115Analyst Forecast
Insider Selling
News Coverage
Gap Up
SNOW
Snowflake
4.6685 of 5 stars
4.67 / 5 stars
$128.96
-0.5%
$197.31
+53.0%
-24.1%$43.39B$2.81B-46.067,004
DDOG
Datadog
4.8235 of 5 stars
4.82 / 5 stars
$118.31
-1.7%
$138.21
+16.8%
+6.9%$39.57B$2.13B369.725,200Short Interest ↓
BIDU
Baidu
4.8441 of 5 stars
4.84 / 5 stars
$88.98
+1.4%
$149.60
+68.1%
-40.5%$31.20B$18.96B11.9139,800Short Interest ↑
Gap Down
VEEV
Veeva Systems
4.7024 of 5 stars
4.70 / 5 stars
$192.55
+3.2%
$228.27
+18.6%
-4.2%$30.16B$2.36B56.807,172Analyst Revision
News Coverage
NET
Cloudflare
4.4787 of 5 stars
4.48 / 5 stars
$78.08
+0.1%
$90.92
+16.4%
+18.8%$26.52B$1.30B-147.323,682Upcoming Earnings
PINS
Pinterest
3.9921 of 5 stars
3.99 / 5 stars
$37.56
-0.8%
$42.60
+13.4%
+35.6%$25.88B$3.06B178.874,014Upcoming Earnings
Analyst Forecast
News Coverage
HUBS
HubSpot
4.7817 of 5 stars
4.78 / 5 stars
$492.73
-0.6%
$633.88
+28.6%
-10.2%$25.11B$2.17B-185.947,663Short Interest ↓
RBLX
Roblox
1.9948 of 5 stars
1.99 / 5 stars
$40.51
-0.1%
$42.59
+5.1%
+1.4%$23.97B$2.80B-21.782,457Upcoming Earnings
Insider Selling
SNAP
Snap
1.2726 of 5 stars
1.27 / 5 stars
$13.33
-0.9%
$15.11
+13.3%
+24.2%$22.07B$4.61B-16.465,289Upcoming Earnings
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This page (NYSE:ESTC) was last updated on 7/27/2024 by MarketBeat.com Staff

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