ASAN vs. NICE, DOCU, MNDY, ESTC, TWLO, PCOR, YMM, CYBR, GWRE, and CFLT
Should you be buying Asana stock or one of its competitors? The main competitors of Asana include NICE (NICE), DocuSign (DOCU), monday.com (MNDY), Elastic (ESTC), Twilio (TWLO), Procore Technologies (PCOR), Full Truck Alliance (YMM), CyberArk Software (CYBR), Guidewire Software (GWRE), and Confluent (CFLT). These companies are all part of the "prepackaged software" industry.
NICE (NASDAQ:NICE) and Asana (NYSE:ASAN) are both computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their earnings, media sentiment, community ranking, valuation, risk, institutional ownership, profitability, analyst recommendations and dividends.
NICE received 574 more outperform votes than Asana when rated by MarketBeat users. Likewise, 68.98% of users gave NICE an outperform vote while only 43.03% of users gave Asana an outperform vote.
NICE has higher revenue and earnings than Asana. Asana is trading at a lower price-to-earnings ratio than NICE, indicating that it is currently the more affordable of the two stocks.
NICE has a net margin of 14.92% compared to NICE's net margin of -38.55%. Asana's return on equity of 14.05% beat NICE's return on equity.
63.3% of NICE shares are held by institutional investors. Comparatively, 26.2% of Asana shares are held by institutional investors. 0.0% of NICE shares are held by company insiders. Comparatively, 64.0% of Asana shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
NICE has a beta of 1.04, meaning that its share price is 4% more volatile than the S&P 500. Comparatively, Asana has a beta of 1.22, meaning that its share price is 22% more volatile than the S&P 500.
NICE currently has a consensus price target of $285.92, indicating a potential upside of 55.76%. Asana has a consensus price target of $19.23, indicating a potential upside of 47.36%. Given Asana's stronger consensus rating and higher probable upside, equities analysts plainly believe NICE is more favorable than Asana.
In the previous week, Asana had 10 more articles in the media than NICE. MarketBeat recorded 35 mentions for Asana and 25 mentions for NICE. Asana's average media sentiment score of 0.89 beat NICE's score of 0.18 indicating that NICE is being referred to more favorably in the media.
Summary
NICE beats Asana on 15 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ASAN 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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