NEWR vs. S, NTNX, CYBR, SMAR, GTLB, APPF, WK, DSGX, GWRE, and TDC
Should you be buying New Relic stock or one of its competitors? The main competitors of New Relic include SentinelOne (S), Nutanix (NTNX), CyberArk Software (CYBR), Smartsheet (SMAR), GitLab (GTLB), AppFolio (APPF), Workiva (WK), The Descartes Systems Group (DSGX), Guidewire Software (GWRE), and Teradata (TDC). These companies are all part of the "prepackaged software" industry.
New Relic vs.
New Relic (NYSE:NEWR) and SentinelOne (NYSE:S) are both mid-cap computer and technology companies, but which is the superior investment? We will contrast the two businesses based on the strength of their profitability, risk, dividends, valuation, media sentiment, analyst recommendations, earnings, institutional ownership and community ranking.
New Relic has a net margin of -19.47% compared to SentinelOne's net margin of -89.70%. SentinelOne's return on equity of -21.15% beat New Relic's return on equity.
New Relic has higher revenue and earnings than SentinelOne. New Relic is trading at a lower price-to-earnings ratio than SentinelOne, indicating that it is currently the more affordable of the two stocks.
83.6% of New Relic shares are held by institutional investors. Comparatively, 79.2% of SentinelOne shares are held by institutional investors. 21.0% of New Relic shares are held by company insiders. Comparatively, 5.9% of SentinelOne shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
New Relic has a beta of 0.9, suggesting that its stock price is 10% less volatile than the S&P 500. Comparatively, SentinelOne has a beta of 0.52, suggesting that its stock price is 48% less volatile than the S&P 500.
New Relic currently has a consensus target price of $81.13, suggesting a potential upside of 12.16%. SentinelOne has a consensus target price of $21.16, suggesting a potential upside of 2.47%. Given New Relic's higher probable upside, analysts clearly believe New Relic is more favorable than SentinelOne.
In the previous week, New Relic had 22 more articles in the media than SentinelOne. MarketBeat recorded 44 mentions for New Relic and 22 mentions for SentinelOne. SentinelOne's average media sentiment score of 0.46 beat New Relic's score of 0.23 indicating that SentinelOne is being referred to more favorably in the news media.
New Relic received 487 more outperform votes than SentinelOne when rated by MarketBeat users. Likewise, 68.10% of users gave New Relic an outperform vote while only 33.03% of users gave SentinelOne an outperform vote.
Summary
New Relic beats SentinelOne 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 NEWR 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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New Relic Competitors List
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