PATH vs. ESTC, DOCU, PCOR, DUOL, CFLT, GEN, SPSC, KVYO, BRZE, and CXM
Should you be buying UiPath stock or one of its competitors? The main competitors of UiPath include Elastic (ESTC), DocuSign (DOCU), Procore Technologies (PCOR), Duolingo (DUOL), Confluent (CFLT), Gen Digital (GEN), SPS Commerce (SPSC), Klaviyo (KVYO), Braze (BRZE), and Sprinklr (CXM). These companies are all part of the "prepackaged software" industry.
UiPath (NYSE:PATH) and Elastic (NYSE:ESTC) are both large-cap business services companies, but which is the better investment? We will contrast the two businesses based on the strength of their dividends, profitability, community ranking, risk, earnings, analyst recommendations, institutional ownership, valuation and media sentiment.
62.5% of UiPath shares are held by institutional investors. Comparatively, 97.0% of Elastic shares are held by institutional investors. 31.0% of UiPath shares are held by company insiders. Comparatively, 18.1% of Elastic shares are held by company 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.
In the previous week, UiPath had 6 more articles in the media than Elastic. MarketBeat recorded 16 mentions for UiPath and 10 mentions for Elastic. UiPath's average media sentiment score of 0.57 beat Elastic's score of 0.47 indicating that UiPath is being referred to more favorably in the media.
Elastic received 176 more outperform votes than UiPath when rated by MarketBeat users. Likewise, 64.45% of users gave Elastic an outperform vote while only 45.13% of users gave UiPath an outperform vote.
Elastic has a net margin of 4.63% compared to UiPath's net margin of -6.87%. UiPath's return on equity of -3.29% beat Elastic's return on equity.
UiPath has higher revenue and earnings than Elastic. UiPath is trading at a lower price-to-earnings ratio than Elastic, indicating that it is currently the more affordable of the two stocks.
UiPath currently has a consensus price target of $27.41, suggesting a potential upside of 43.89%. Elastic has a consensus price target of $111.26, suggesting a potential upside of 5.66%. Given UiPath's higher probable upside, analysts clearly believe UiPath is more favorable than Elastic.
UiPath has a beta of 0.96, suggesting that its stock price is 4% less volatile than the S&P 500. Comparatively, Elastic has a beta of 0.94, suggesting that its stock price is 6% less volatile than the S&P 500.
Summary
UiPath and Elastic tied by winning 9 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding PATH and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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