DDOG vs. VEEV, ADSK, HUBS, TEAM, ANSS, MDB, NET, TTWO, SNOW, and MSTR
Should you be buying Datadog stock or one of its competitors? The main competitors of Datadog include Veeva Systems (VEEV), Autodesk (ADSK), HubSpot (HUBS), Atlassian (TEAM), ANSYS (ANSS), MongoDB (MDB), Cloudflare (NET), Take-Two Interactive Software (TTWO), Snowflake (SNOW), and MicroStrategy (MSTR). These companies are all part of the "prepackaged software" industry.
Datadog (NASDAQ:DDOG) and Veeva Systems (NYSE:VEEV) are both large-cap computer and technology companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, risk, dividends, community ranking, valuation, analyst recommendations, media sentiment, profitability and earnings.
Veeva Systems has higher revenue and earnings than Datadog. Veeva Systems is trading at a lower price-to-earnings ratio than Datadog, indicating that it is currently the more affordable of the two stocks.
78.3% of Datadog shares are held by institutional investors. Comparatively, 88.2% of Veeva Systems shares are held by institutional investors. 11.8% of Datadog shares are held by insiders. Comparatively, 10.5% of Veeva Systems shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
In the previous week, Datadog had 1 more articles in the media than Veeva Systems. MarketBeat recorded 22 mentions for Datadog and 21 mentions for Veeva Systems. Datadog's average media sentiment score of 0.97 beat Veeva Systems' score of 0.76 indicating that Datadog is being referred to more favorably in the media.
Veeva Systems received 435 more outperform votes than Datadog when rated by MarketBeat users. Likewise, 69.83% of users gave Veeva Systems an outperform vote while only 64.23% of users gave Datadog an outperform vote.
Veeva Systems has a net margin of 22.24% compared to Datadog's net margin of 5.11%. Veeva Systems' return on equity of 11.26% beat Datadog's return on equity.
Datadog presently has a consensus price target of $135.58, indicating a potential upside of 12.91%. Veeva Systems has a consensus price target of $234.90, indicating a potential upside of 11.71%. Given Datadog's stronger consensus rating and higher possible upside, analysts clearly believe Datadog is more favorable than Veeva Systems.
Datadog has a beta of 1.14, meaning that its stock price is 14% more volatile than the S&P 500. Comparatively, Veeva Systems has a beta of 0.76, meaning that its stock price is 24% less volatile than the S&P 500.
Summary
Datadog beats Veeva Systems on 10 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding DDOG 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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