AvidXchange (AVDX) Competitors

AvidXchange (NASDAQ:AVDX) and Elastic (NYSE:ESTC) are both mid-cap computer and technology companies, but which is the superior investment? We will contrast the two businesses based on the strength of their earnings, risk, analyst recommendations, valuation, institutional ownership, media sentiment, dividends and profitability.

Which has more volatility & risk, AVDX or ESTC?

AvidXchange has a beta of 1.2, suggesting that its share price is 20% more volatile than the S&P 500. Comparatively, Elastic has a beta of 1.07, suggesting that its share price is 7% more volatile than the S&P 500.

Is AVDX or ESTC more profitable?

AvidXchange has a net margin of -1.80% compared to Elastic's net margin of -7.29%. AvidXchange's return on equity of 1.15% beat Elastic's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
AvidXchange	-1.80%	1.15%	0.39%
Elastic	-7.29%	-4.46%	-1.61%

Do institutionals and insiders believe in AVDX or ESTC?

80.6% of AvidXchange shares are held by institutional investors. Comparatively, 97.0% of Elastic shares are held by institutional investors. 11.1% of AvidXchange shares are held by insiders. Comparatively, 15.9% of Elastic shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Does the media refer more to AVDX or ESTC?

In the previous week, Elastic had 8 more articles in the media than AvidXchange. MarketBeat recorded 13 mentions for Elastic and 5 mentions for AvidXchange. Elastic's average media sentiment score of 1.19 beat AvidXchange's score of 0.91 indicating that Elastic is being referred to more favorably in the news media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
AvidXchange	2 Very Positive mention(s)	0 Positive mention(s)	2 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive
Elastic	9 Very Positive mention(s)	0 Positive mention(s)	3 Neutral mention(s)	1 Negative mention(s)	0 Very Negative mention(s)	Positive

Which has higher earnings and valuation, AVDX or ESTC?

AvidXchange has higher earnings, but lower revenue than Elastic. AvidXchange is trading at a lower price-to-earnings ratio than Elastic, indicating that it is currently the more affordable of the two stocks.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
AvidXchange	$438.94M	4.69	$8.15M	-$0.05	-198.40
Elastic	$1.48B	5.54	-$108.11M	-$1.05	-74.09

Do analysts recommend AVDX or ESTC?

AvidXchange currently has a consensus target price of $10.04, indicating a potential upside of 1.17%. Elastic has a consensus target price of $110.60, indicating a potential upside of 42.16%. Given Elastic's stronger consensus rating and higher probable upside, analysts clearly believe Elastic is more favorable than AvidXchange.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
AvidXchange	2 Sell rating(s)	14 Hold rating(s)	1 Buy rating(s)	0 Strong Buy rating(s)	1.94
Elastic	0 Sell rating(s)	8 Hold rating(s)	20 Buy rating(s)	1 Strong Buy rating(s)	2.76

Summary

Elastic beats AvidXchange on 11 of the 17 factors compared between the two stocks.