SMAR vs. FRSH, SQSP, VRNS, TENB, VERX, ZI, WK, CVLT, BLKB, and QLYS
Should you be buying Smartsheet stock or one of its competitors? The main competitors of Smartsheet include Freshworks (FRSH), Squarespace (SQSP), Varonis Systems (VRNS), Tenable (TENB), Vertex (VERX), ZoomInfo Technologies (ZI), Workiva (WK), Commvault Systems (CVLT), Blackbaud (BLKB), and Qualys (QLYS). These companies are all part of the "prepackaged software" industry.
Freshworks (NASDAQ:FRSH) and Smartsheet (NYSE:SMAR) are both mid-cap computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their valuation, media sentiment, earnings, analyst recommendations, institutional ownership, risk, community ranking, profitability and dividends.
Smartsheet received 347 more outperform votes than Freshworks when rated by MarketBeat users. Likewise, 65.47% of users gave Smartsheet an outperform vote while only 37.11% of users gave Freshworks an outperform vote.
Smartsheet has higher revenue and earnings than Freshworks. Smartsheet is trading at a lower price-to-earnings ratio than Freshworks, indicating that it is currently the more affordable of the two stocks.
Freshworks has a beta of 0.9, indicating that its share price is 10% less volatile than the S&P 500. Comparatively, Smartsheet has a beta of 0.73, indicating that its share price is 27% less volatile than the S&P 500.
Freshworks presently has a consensus price target of $25.29, indicating a potential upside of 37.17%. Smartsheet has a consensus price target of $49.75, indicating a potential upside of 29.93%. Given Smartsheet's stronger consensus rating and higher probable upside, equities analysts clearly believe Freshworks is more favorable than Smartsheet.
75.6% of Freshworks shares are owned by institutional investors. Comparatively, 90.0% of Smartsheet shares are owned by institutional investors. 26.7% of Freshworks shares are owned by insiders. Comparatively, 4.7% of Smartsheet shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Smartsheet has a net margin of -10.92% compared to Smartsheet's net margin of -23.04%. Smartsheet's return on equity of -12.55% beat Freshworks' return on equity.
In the previous week, Smartsheet had 5 more articles in the media than Freshworks. MarketBeat recorded 11 mentions for Smartsheet and 6 mentions for Freshworks. Freshworks' average media sentiment score of 0.62 beat Smartsheet's score of 0.62 indicating that Smartsheet is being referred to more favorably in the news media.
Summary
Smartsheet beats Freshworks on 9 of the 17 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.
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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