SQ vs. NOW, SNPS, SHOP, CDNS, CRWD, PLTR, NTES, ADSK, TEAM, and SNOW
Should you be buying Block stock or one of its competitors? The main competitors of Block include ServiceNow (NOW), Synopsys (SNPS), Shopify (SHOP), Cadence Design Systems (CDNS), CrowdStrike (CRWD), Palantir Technologies (PLTR), NetEase (NTES), Autodesk (ADSK), Atlassian (TEAM), and Snowflake (SNOW). These companies are all part of the "prepackaged software" industry.
ServiceNow (NYSE:NOW) and Block (NYSE:SQ) are both large-cap computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their risk, valuation, institutional ownership, community ranking, earnings, profitability, dividends, media sentiment and analyst recommendations.
87.2% of ServiceNow shares are owned by institutional investors. Comparatively, 70.4% of Block shares are owned by institutional investors. 0.3% of ServiceNow shares are owned by insiders. Comparatively, 10.5% of Block 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.
ServiceNow currently has a consensus target price of $842.22, indicating a potential upside of 1.74%. Block has a consensus target price of $87.64, indicating a potential upside of 45.67%. Given ServiceNow's higher possible upside, analysts plainly believe Block is more favorable than ServiceNow.
Block received 89 more outperform votes than ServiceNow when rated by MarketBeat users. However, 74.75% of users gave ServiceNow an outperform vote while only 69.57% of users gave Block an outperform vote.
ServiceNow has a net margin of 11.51% compared to ServiceNow's net margin of 2.18%. Block's return on equity of 15.01% beat ServiceNow's return on equity.
ServiceNow has a beta of 0.99, suggesting that its stock price is 1% less volatile than the S&P 500. Comparatively, Block has a beta of 2.52, suggesting that its stock price is 152% more volatile than the S&P 500.
In the previous week, ServiceNow had 35 more articles in the media than Block. MarketBeat recorded 54 mentions for ServiceNow and 19 mentions for Block. Block's average media sentiment score of 0.63 beat ServiceNow's score of 0.39 indicating that ServiceNow is being referred to more favorably in the media.
ServiceNow has higher earnings, but lower revenue than Block. Block is trading at a lower price-to-earnings ratio than ServiceNow, indicating that it is currently the more affordable of the two stocks.
Summary
ServiceNow beats Block on 12 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SQ 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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