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.
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.
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.
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.
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.
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.
Skip ChartMedia 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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