PCOR vs. ESTC, DUOL, DOCU, CFLT, GEN, SPSC, KVYO, BRZE, CXM, and MQ
Should you be buying Procore Technologies stock or one of its competitors? The main competitors of Procore Technologies include Elastic (ESTC), Duolingo (DUOL), DocuSign (DOCU), Confluent (CFLT), Gen Digital (GEN), SPS Commerce (SPSC), Klaviyo (KVYO), Braze (BRZE), Sprinklr (CXM), and Marqeta (MQ). These companies are all part of the "prepackaged software" industry.
Procore Technologies (NYSE:PCOR) and Elastic (NYSE:ESTC) are both large-cap business services companies, but which is the superior stock? We will contrast the two businesses based on the strength of their institutional ownership, valuation, analyst recommendations, dividends, earnings, media sentiment, risk, community ranking and profitability.
In the previous week, Procore Technologies had 3 more articles in the media than Elastic. MarketBeat recorded 8 mentions for Procore Technologies and 5 mentions for Elastic. Procore Technologies' average media sentiment score of 0.78 beat Elastic's score of 0.45 indicating that Procore Technologies is being referred to more favorably in the media.
Procore Technologies has higher earnings, but lower revenue than Elastic. Procore Technologies is trading at a lower price-to-earnings ratio than Elastic, indicating that it is currently the more affordable of the two stocks.
Procore Technologies has a beta of 0.71, suggesting that its stock price is 29% 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.
Elastic has a net margin of 4.63% compared to Procore Technologies' net margin of -19.97%. Procore Technologies' return on equity of -12.26% beat Elastic's return on equity.
Procore Technologies presently has a consensus target price of $81.86, suggesting a potential upside of 17.19%. Elastic has a consensus target price of $111.26, suggesting a potential upside of 6.18%. Given Procore Technologies' stronger consensus rating and higher probable upside, research analysts plainly believe Procore Technologies is more favorable than Elastic.
81.1% of Procore Technologies shares are held by institutional investors. Comparatively, 97.0% of Elastic shares are held by institutional investors. 39.2% of Procore Technologies shares are held by insiders. Comparatively, 18.1% of Elastic shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Elastic received 232 more outperform votes than Procore Technologies when rated by MarketBeat users. Likewise, 64.45% of users gave Elastic an outperform vote while only 55.65% of users gave Procore Technologies an outperform vote.
Summary
Elastic beats Procore Technologies on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding PCOR 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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