OKTA vs. NTNX, BSY, CHKP, SSNC, NICE, DT, MANH, TYL, TWLO, and PTC
Should you be buying Okta stock or one of its competitors? The main competitors of Okta include Nutanix (NTNX), Bentley Systems (BSY), Check Point Software Technologies (CHKP), SS&C Technologies (SSNC), NICE (NICE), Dynatrace (DT), Manhattan Associates (MANH), Tyler Technologies (TYL), Twilio (TWLO), and PTC (PTC). These companies are all part of the "prepackaged software" industry.
Nutanix (NASDAQ:NTNX) and Okta (NASDAQ:OKTA) are both large-cap computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their analyst recommendations, media sentiment, dividends, profitability, valuation, earnings, community ranking, risk and institutional ownership.
Nutanix has higher earnings, but lower revenue than Okta. Nutanix is trading at a lower price-to-earnings ratio than Okta, indicating that it is currently the more affordable of the two stocks.
In the previous week, Okta had 1 more articles in the media than Nutanix. MarketBeat recorded 11 mentions for Okta and 10 mentions for Nutanix. Okta's average media sentiment score of 0.99 beat Nutanix's score of 0.90 indicating that Nutanix is being referred to more favorably in the media.
Nutanix received 132 more outperform votes than Okta when rated by MarketBeat users. Likewise, 69.64% of users gave Nutanix an outperform vote while only 59.53% of users gave Okta an outperform vote.
Nutanix has a net margin of -3.84% compared to Nutanix's net margin of -15.69%. Okta's return on equity of 0.00% beat Nutanix's return on equity.
85.3% of Nutanix shares are owned by institutional investors. Comparatively, 86.6% of Okta shares are owned by institutional investors. 0.5% of Nutanix shares are owned by company insiders. Comparatively, 7.0% of Okta shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Nutanix currently has a consensus price target of $65.69, indicating a potential downside of 6.54%. Okta has a consensus price target of $101.84, indicating a potential downside of 1.09%. Given Nutanix's higher possible upside, analysts clearly believe Okta is more favorable than Nutanix.
Nutanix has a beta of 1.27, suggesting that its share price is 27% more volatile than the S&P 500. Comparatively, Okta has a beta of 0.98, suggesting that its share price is 2% less volatile than the S&P 500.
Summary
Nutanix beats Okta 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 OKTA 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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