AVDX vs. RPD, SEMR, PRGS, APPN, ALKT, PYCR, BB, SWI, PD, and EVCM
Should you be buying AvidXchange stock or one of its competitors? The main competitors of AvidXchange include Rapid7 (RPD), Semrush (SEMR), Progress Software (PRGS), Appian (APPN), Alkami Technology (ALKT), Paycor HCM (PYCR), BlackBerry (BB), SolarWinds (SWI), PagerDuty (PD), and EverCommerce (EVCM). These companies are all part of the "prepackaged software" industry.
Rapid7 (NASDAQ:RPD) and AvidXchange (NASDAQ:AVDX) are both mid-cap computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their valuation, institutional ownership, profitability, analyst recommendations, earnings, dividends, community ranking, risk and media sentiment.
Rapid7 has a beta of 1.01, suggesting that its share price is 1% more volatile than the S&P 500. Comparatively, AvidXchange has a beta of 1.07, suggesting that its share price is 7% more volatile than the S&P 500.
Rapid7 received 503 more outperform votes than AvidXchange when rated by MarketBeat users. Likewise, 57.02% of users gave Rapid7 an outperform vote while only 45.68% of users gave AvidXchange an outperform vote.
AvidXchange has a net margin of -8.10% compared to AvidXchange's net margin of -15.14%. Rapid7's return on equity of -1.75% beat AvidXchange's return on equity.
95.7% of Rapid7 shares are owned by institutional investors. Comparatively, 80.6% of AvidXchange shares are owned by institutional investors. 2.6% of Rapid7 shares are owned by insiders. Comparatively, 10.3% of AvidXchange shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
In the previous week, AvidXchange had 10 more articles in the media than Rapid7. MarketBeat recorded 19 mentions for AvidXchange and 9 mentions for Rapid7. Rapid7's average media sentiment score of 0.36 beat AvidXchange's score of 0.08 indicating that AvidXchange is being referred to more favorably in the news media.
AvidXchange has lower revenue, but higher earnings than Rapid7. AvidXchange is trading at a lower price-to-earnings ratio than Rapid7, indicating that it is currently the more affordable of the two stocks.
Rapid7 currently has a consensus target price of $51.73, suggesting a potential upside of 34.41%. AvidXchange has a consensus target price of $13.14, suggesting a potential upside of 18.51%. Given AvidXchange's stronger consensus rating and higher probable upside, equities research analysts clearly believe Rapid7 is more favorable than AvidXchange.
Summary
Rapid7 and AvidXchange 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 AVDX 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 NASDAQ 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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