SCWX vs. CGNT, BAND, DDD, MGIC, WEAV, LAW, WKME, BBAI, CCSI, and MIXT
Should you be buying SecureWorks stock or one of its competitors? The main competitors of SecureWorks include Cognyte Software (CGNT), Bandwidth (BAND), 3D Systems (DDD), Magic Software Enterprises (MGIC), Weave Communications (WEAV), CS Disco (LAW), WalkMe (WKME), BigBear.ai (BBAI), Consensus Cloud Solutions (CCSI), and MiX Telematics (MIXT). These companies are all part of the "prepackaged software" industry.
Cognyte Software (NASDAQ:CGNT) and SecureWorks (NASDAQ:SCWX) are both small-cap computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, profitability, institutional ownership, media sentiment, dividends, community ranking, earnings, valuation and risk.
72.9% of Cognyte Software shares are held by institutional investors. Comparatively, 14.4% of SecureWorks shares are held by institutional investors. 62.7% of Cognyte Software shares are held by insiders. Comparatively, 83.1% of SecureWorks shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Cognyte Software currently has a consensus price target of $7.75, suggesting a potential upside of 0.39%. SecureWorks has a consensus price target of $7.08, suggesting a potential upside of 12.97%. Given Cognyte Software's higher possible upside, analysts plainly believe SecureWorks is more favorable than Cognyte Software.
Cognyte Software has a net margin of -4.97% compared to Cognyte Software's net margin of -23.52%. Cognyte Software's return on equity of -9.56% beat SecureWorks' return on equity.
Cognyte Software has a beta of 1.72, indicating that its stock price is 72% more volatile than the S&P 500. Comparatively, SecureWorks has a beta of 0.99, indicating that its stock price is 1% less volatile than the S&P 500.
In the previous week, Cognyte Software had 1 more articles in the media than SecureWorks. MarketBeat recorded 3 mentions for Cognyte Software and 2 mentions for SecureWorks. SecureWorks' average media sentiment score of 0.87 beat Cognyte Software's score of 0.53 indicating that Cognyte Software is being referred to more favorably in the media.
Cognyte Software has higher earnings, but lower revenue than SecureWorks. Cognyte Software is trading at a lower price-to-earnings ratio than SecureWorks, indicating that it is currently the more affordable of the two stocks.
SecureWorks received 89 more outperform votes than Cognyte Software when rated by MarketBeat users. Likewise, 57.14% of users gave SecureWorks an outperform vote while only 56.25% of users gave Cognyte Software an outperform vote.
Summary
Cognyte Software beats SecureWorks on 10 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SCWX 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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