Workiva (WK) Competitors

$80.62
+0.69 (+0.86%)
(As of 04/26/2024 ET)

WK vs. BLKB, AVT, FIVN, ITRI, DJT, NVEI, VERX, CRUS, CVLT, and SATS

Should you be buying Workiva stock or one of its competitors? The main competitors of Workiva include Blackbaud (BLKB), Avnet (AVT), Five9 (FIVN), Itron (ITRI), Trump Media & Technology Group (DJT), Nuvei (NVEI), Vertex (VERX), Cirrus Logic (CRUS), Commvault Systems (CVLT), and EchoStar (SATS). These companies are all part of the "computer and technology" sector.

Workiva vs.

Workiva (NYSE:WK) and Blackbaud (NASDAQ:BLKB) are both mid-cap computer and technology companies, but which is the better investment? We will compare the two companies based on the strength of their media sentiment, risk, community ranking, earnings, institutional ownership, dividends, analyst recommendations, valuation and profitability.

Workiva currently has a consensus target price of $111.63, suggesting a potential upside of 38.46%. Blackbaud has a consensus target price of $88.00, suggesting a potential upside of 12.89%. Given Workiva's higher probable upside, equities analysts clearly believe Workiva is more favorable than Blackbaud.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Workiva
0 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.83
Blackbaud
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00

In the previous week, Workiva had 1 more articles in the media than Blackbaud. MarketBeat recorded 8 mentions for Workiva and 7 mentions for Blackbaud. Blackbaud's average media sentiment score of 0.72 beat Workiva's score of 0.62 indicating that Blackbaud is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Workiva
3 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Blackbaud
2 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Blackbaud has higher revenue and earnings than Workiva. Workiva is trading at a lower price-to-earnings ratio than Blackbaud, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Workiva$630.04M7.00-$127.53M-$2.37-34.02
Blackbaud$1.11B3.64$1.82M$0.032,598.33

Blackbaud has a net margin of 0.16% compared to Workiva's net margin of -20.24%. Blackbaud's return on equity of 14.59% beat Workiva's return on equity.

Company Net Margins Return on Equity Return on Assets
Workiva-20.24% N/A -12.16%
Blackbaud 0.16%14.59%4.01%

92.2% of Workiva shares are owned by institutional investors. Comparatively, 94.2% of Blackbaud shares are owned by institutional investors. 5.7% of Workiva shares are owned by insiders. Comparatively, 1.9% of Blackbaud shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Workiva has a beta of 1.03, suggesting that its share price is 3% more volatile than the S&P 500. Comparatively, Blackbaud has a beta of 1.04, suggesting that its share price is 4% more volatile than the S&P 500.

Workiva received 6 more outperform votes than Blackbaud when rated by MarketBeat users. Likewise, 65.44% of users gave Workiva an outperform vote while only 60.98% of users gave Blackbaud an outperform vote.

CompanyUnderperformOutperform
WorkivaOutperform Votes
392
65.44%
Underperform Votes
207
34.56%
BlackbaudOutperform Votes
386
60.98%
Underperform Votes
247
39.02%

Summary

Blackbaud beats Workiva on 11 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding WK and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

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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WK vs. The Competition

MetricWorkivaPrepackaged software IndustryComputer SectorNYSE Exchange
Market Cap$4.41B$19.38B$19.93B$17.47B
Dividend YieldN/A2.19%2.77%3.55%
P/E Ratio-34.0279.52239.5822.77
Price / Sales7.009.39516.1110.49
Price / CashN/A66.2728.3517.65
Price / Book-48.869.516.724.87
Net Income-$127.53M$334.18M$636.74M$964.96M
7 Day Performance3.54%4.75%2.92%1.90%
1 Month Performance-4.37%-2.68%-2.87%-3.08%
1 Year Performance-14.73%20.37%16.87%96.69%

Workiva Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BLKB
Blackbaud
4.0891 of 5 stars
$79.18
+0.7%
$88.00
+11.1%
+13.3%$4.20B$1.11B2,639.333,000Upcoming Earnings
Analyst Upgrade
Short Interest ↑
AVT
Avnet
4.6136 of 5 stars
$48.47
+2.3%
$45.50
-6.1%
+23.3%$4.38B$26.54B6.6915,800Upcoming Earnings
Short Interest ↓
Positive News
FIVN
Five9
3.1829 of 5 stars
$60.14
+3.2%
$86.13
+43.2%
-4.8%$4.44B$910.49M-53.222,684Upcoming Earnings
Analyst Report
Options Volume
News Coverage
ITRI
Itron
4.6306 of 5 stars
$94.84
+3.7%
$97.60
+2.9%
+83.0%$4.35B$2.17B45.165,081Upcoming Earnings
Analyst Report
Short Interest ↑
News Coverage
DJT
Trump Media & Technology Group
0 of 5 stars
$32.57
-8.3%
N/AN/A$4.45BN/A0.00N/A
NVEI
Nuvei
2.0756 of 5 stars
$32.08
-0.1%
$31.94
-0.4%
-19.1%$4.47B$1.19B-534.582,202Positive News
VERX
Vertex
3.2795 of 5 stars
$27.94
-7.0%
$35.67
+27.7%
+44.9%$4.31B$572.39M-279.401,500Analyst Report
Gap Down
High Trading Volume
CRUS
Cirrus Logic
2.6345 of 5 stars
$84.25
-0.3%
$96.43
+14.5%
+4.4%$4.54B$1.90B26.751,702Short Interest ↑
Analyst Revision
CVLT
Commvault Systems
0.8165 of 5 stars
$97.17
+1.7%
$85.60
-11.9%
+68.9%$4.18B$819.43M-3,237.922,779Upcoming Earnings
SATS
EchoStar
2.6366 of 5 stars
$15.30
+1.6%
$23.00
+50.3%
-6.8%$4.15B$17.02B-2.2015,300

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This page (NYSE:WK) was last updated on 4/28/2024 by MarketBeat.com Staff

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