SMAR vs. FRSH, TENB, VRNS, ZI, QLYS, WK, VERX, BILL, SQSP, and FROG
Should you be buying Smartsheet stock or one of its competitors? The main competitors of Smartsheet include Freshworks (FRSH), Tenable (TENB), Varonis Systems (VRNS), ZoomInfo Technologies (ZI), Qualys (QLYS), Workiva (WK), Vertex (VERX), BILL (BILL), Squarespace (SQSP), and JFrog (FROG). These companies are all part of the "prepackaged software" industry.
Smartsheet (NYSE:SMAR) and Freshworks (NASDAQ:FRSH) are both mid-cap computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their dividends, community ranking, risk, institutional ownership, profitability, valuation, earnings, media sentiment and analyst recommendations.
Freshworks has lower revenue, but higher earnings than Smartsheet. Smartsheet is trading at a lower price-to-earnings ratio than Freshworks, indicating that it is currently the more affordable of the two stocks.
89.0% of Smartsheet shares are owned by institutional investors. Comparatively, 57.4% of Freshworks shares are owned by institutional investors. 4.7% of Smartsheet shares are owned by company insiders. Comparatively, 26.7% of Freshworks shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Smartsheet currently has a consensus price target of $50.18, suggesting a potential upside of 29.82%. Freshworks has a consensus price target of $25.00, suggesting a potential upside of 39.12%. Given Freshworks' higher probable upside, analysts plainly believe Freshworks is more favorable than Smartsheet.
In the previous week, Smartsheet had 46 more articles in the media than Freshworks. MarketBeat recorded 56 mentions for Smartsheet and 10 mentions for Freshworks. Freshworks' average media sentiment score of 0.80 beat Smartsheet's score of 0.34 indicating that Freshworks is being referred to more favorably in the news media.
Smartsheet has a net margin of -10.92% compared to Freshworks' net margin of -23.04%. Freshworks' return on equity of -12.55% beat Smartsheet's return on equity.
Smartsheet has a beta of 0.75, suggesting that its share price is 25% less volatile than the S&P 500. Comparatively, Freshworks has a beta of 0.93, suggesting that its share price is 7% less volatile than the S&P 500.
Smartsheet received 347 more outperform votes than Freshworks when rated by MarketBeat users. Likewise, 65.58% of users gave Smartsheet an outperform vote while only 37.50% of users gave Freshworks an outperform vote.
Summary
Smartsheet and Freshworks 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 SMAR and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis 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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