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Cerence (CRNC) Competitors

$3.44
-0.14 (-3.91%)
(As of 05/31/2024 ET)

CRNC vs. BIGC, WEAV, DH, CGNT, BAND, MGIC, SCWX, DDD, MKTW, and XPER

Should you be buying Cerence stock or one of its competitors? The main competitors of Cerence include BigCommerce (BIGC), Weave Communications (WEAV), Definitive Healthcare (DH), Cognyte Software (CGNT), Bandwidth (BAND), Magic Software Enterprises (MGIC), SecureWorks (SCWX), 3D Systems (DDD), MarketWise (MKTW), and Xperi (XPER). These companies are all part of the "prepackaged software" industry.

Cerence vs.

BigCommerce (NASDAQ:BIGC) and Cerence (NASDAQ:CRNC) are both small-cap retail/wholesale companies, but which is the superior stock? We will compare the two businesses based on the strength of their community ranking, earnings, analyst recommendations, valuation, risk, media sentiment, dividends, institutional ownership and profitability.

BigCommerce has a beta of 0.84, suggesting that its stock price is 16% less volatile than the S&P 500. Comparatively, Cerence has a beta of 2.57, suggesting that its stock price is 157% more volatile than the S&P 500.

79.2% of BigCommerce shares are held by institutional investors. Comparatively, 91.4% of Cerence shares are held by institutional investors. 9.1% of BigCommerce shares are held by insiders. Comparatively, 1.2% of Cerence shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

BigCommerce has a net margin of -15.39% compared to BigCommerce's net margin of -80.93%. BigCommerce's return on equity of 3.66% beat Cerence's return on equity.

Company Net Margins Return on Equity Return on Assets
BigCommerce-15.39% -109.97% -6.10%
Cerence -80.93%3.66%1.95%

Cerence received 27 more outperform votes than BigCommerce when rated by MarketBeat users. Likewise, 57.72% of users gave Cerence an outperform vote while only 44.03% of users gave BigCommerce an outperform vote.

CompanyUnderperformOutperform
BigCommerceOutperform Votes
59
44.03%
Underperform Votes
75
55.97%
CerenceOutperform Votes
86
57.72%
Underperform Votes
63
42.28%

BigCommerce presently has a consensus price target of $9.63, suggesting a potential upside of 16.81%. Cerence has a consensus price target of $10.08, suggesting a potential upside of 193.12%. Given BigCommerce's higher probable upside, analysts plainly believe Cerence is more favorable than BigCommerce.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
BigCommerce
1 Sell rating(s)
6 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Cerence
0 Sell rating(s)
6 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
BigCommerce$309.39M2.06-$64.67M-$0.64-12.88
Cerence$294.48M0.49-$56.25M-$6.83-0.50

In the previous week, BigCommerce had 6 more articles in the media than Cerence. MarketBeat recorded 9 mentions for BigCommerce and 3 mentions for Cerence. Cerence's average media sentiment score of 0.60 beat BigCommerce's score of 0.22 indicating that BigCommerce is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
BigCommerce
4 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cerence
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Cerence beats BigCommerce on 9 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CRNC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

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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CRNC vs. The Competition

MetricCerencePrepackaged software IndustryComputer SectorNASDAQ Exchange
Market Cap$143.71M$21.11B$21.73B$7.99B
Dividend YieldN/A2.14%2.69%4.00%
P/E Ratio-0.5052.23207.1614.93
Price / Sales0.498.15534.7373.53
Price / CashN/A67.4630.9631.55
Price / Book0.318.716.524.59
Net Income-$56.25M$365.37M$632.14M$213.90M
7 Day Performance7.17%-3.20%-0.69%0.87%
1 Month Performance-64.68%-4.02%1.93%1.82%
1 Year Performance-88.14%4.85%26.74%5.90%

Cerence Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BIGC
BigCommerce
0.7479 of 5 stars
$8.23
+1.1%
$9.63
+17.0%
-6.8%$636.01M$309.39M-12.861,321Insider Selling
Positive News
WEAV
Weave Communications
2.8723 of 5 stars
$8.82
-0.5%
$14.00
+58.7%
+11.8%$627.28M$170.47M-20.51844
DH
Definitive Healthcare
4.1818 of 5 stars
$5.30
-3.1%
$9.94
+87.6%
-48.8%$625.03M$251.41M-3.03950Short Interest ↓
CGNT
Cognyte Software
3.1135 of 5 stars
$7.76
+0.8%
$7.75
-0.1%
+47.9%$551.12M$313.40M-33.741,613Short Interest ↓
Positive News
BAND
Bandwidth
4.9134 of 5 stars
$20.40
-2.3%
$25.38
+24.4%
+66.9%$550.96M$634.31M-18.211,100Short Interest ↓
MGIC
Magic Software Enterprises
3.2933 of 5 stars
$10.69
-2.2%
$14.00
+31.0%
-6.8%$524.88M$535.05M14.643,628Short Interest ↑
SCWX
SecureWorks
1.9846 of 5 stars
$5.81
-2.5%
$7.08
+21.9%
-29.3%$512.95M$365.88M-5.751,516Upcoming Earnings
News Coverage
Positive News
DDD
3D Systems
2.3901 of 5 stars
$3.52
-4.3%
$7.13
+102.4%
-57.8%$469.67M$488.07M-1.242,032Upcoming Earnings
Gap Down
MKTW
MarketWise
2.9148 of 5 stars
$1.33
-4.3%
$3.50
+163.2%
-44.4%$438.28M$448.18M33.26581Short Interest ↑
High Trading Volume
XPER
Xperi
0 of 5 stars
$8.74
-1.9%
$22.50
+157.4%
-16.7%$394.61M$521.33M-3.212,100

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This page (NASDAQ:CRNC) was last updated on 6/2/2024 by MarketBeat.com Staff

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