QTWO vs. OKTA, GEN, DT, ESTC, DOCU, PCOR, WIX, PAYC, LNW, and MTCH
Should you be buying Q2 stock or one of its competitors? The main competitors of Q2 include Okta (OKTA), Gen Digital (GEN), Dynatrace (DT), Elastic (ESTC), DocuSign (DOCU), Procore Technologies (PCOR), Wix.com (WIX), Paycom Software (PAYC), Light & Wonder (LNW), and Match Group (MTCH). These companies are all part of the "computer software" industry.
Q2 (NYSE:QTWO) and Okta (NASDAQ:OKTA) are both computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their media sentiment, profitability, valuation, dividends, earnings, analyst recommendations, institutional ownership, risk and community ranking.
Okta received 64 more outperform votes than Q2 when rated by MarketBeat users. However, 69.35% of users gave Q2 an outperform vote while only 59.60% of users gave Okta an outperform vote.
Q2 presently has a consensus target price of $56.27, indicating a potential downside of 18.44%. Okta has a consensus target price of $105.58, indicating a potential upside of 12.94%. Given Okta's higher possible upside, analysts plainly believe Okta is more favorable than Q2.
86.6% of Okta shares are owned by institutional investors. 3.6% of Q2 shares are owned by insiders. Comparatively, 7.0% of Okta shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Q2 has higher earnings, but lower revenue than Okta. Okta is trading at a lower price-to-earnings ratio than Q2, indicating that it is currently the more affordable of the two stocks.
Okta has a net margin of -11.69% compared to Q2's net margin of -12.35%. Okta's return on equity of -3.81% beat Q2's return on equity.
In the previous week, Q2 had 207 more articles in the media than Okta. MarketBeat recorded 229 mentions for Q2 and 22 mentions for Okta. Okta's average media sentiment score of 0.78 beat Q2's score of -0.20 indicating that Okta is being referred to more favorably in the news media.
Q2 has a beta of 1.55, suggesting that its share price is 55% more volatile than the S&P 500. Comparatively, Okta has a beta of 1.03, suggesting that its share price is 3% more volatile than the S&P 500.
Summary
Okta beats Q2 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 QTWO 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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