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Asana (ASAN) Competitors

Asana logo
$13.94 +0.16 (+1.16%)
(As of 11/20/2024 ET)

ASAN vs. OKTA, PAYC, MNDY, DAY, PCTY, NICE, AUR, PCOR, WIX, and PSN

Should you be buying Asana stock or one of its competitors? The main competitors of Asana include Okta (OKTA), Paycom Software (PAYC), monday.com (MNDY), Dayforce (DAY), Paylocity (PCTY), NICE (NICE), Aurora Innovation (AUR), Procore Technologies (PCOR), Wix.com (WIX), and Parsons (PSN). These companies are all part of the "computer software" industry.

Asana vs.

Asana (NYSE:ASAN) and Okta (NASDAQ:OKTA) are both computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their institutional ownership, media sentiment, profitability, risk, community ranking, earnings, analyst recommendations, dividends and valuation.

Asana presently has a consensus price target of $14.27, suggesting a potential upside of 2.38%. Okta has a consensus price target of $98.30, suggesting a potential upside of 33.40%. Given Okta's stronger consensus rating and higher possible upside, analysts plainly believe Okta is more favorable than Asana.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Asana
3 Sell rating(s)
9 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.00
Okta
1 Sell rating(s)
19 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.34

Okta received 475 more outperform votes than Asana when rated by MarketBeat users. Likewise, 58.76% of users gave Okta an outperform vote while only 40.76% of users gave Asana an outperform vote.

CompanyUnderperformOutperform
AsanaOutperform Votes
75
40.76%
Underperform Votes
109
59.24%
OktaOutperform Votes
550
58.76%
Underperform Votes
386
41.24%

26.2% of Asana shares are owned by institutional investors. Comparatively, 86.6% of Okta shares are owned by institutional investors. 64.0% of Asana shares are owned by insiders. Comparatively, 7.0% of Okta shares are owned by 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.

Asana has a beta of 1.13, meaning that its share price is 13% more volatile than the S&P 500. Comparatively, Okta has a beta of 1.02, meaning that its share price is 2% more volatile than the S&P 500.

In the previous week, Okta had 2 more articles in the media than Asana. MarketBeat recorded 13 mentions for Okta and 11 mentions for Asana. Asana's average media sentiment score of 0.81 beat Okta's score of 0.03 indicating that Asana is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Asana
5 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Okta
2 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
2 Negative mention(s)
2 Very Negative mention(s)
Neutral

Okta has a net margin of -5.55% compared to Asana's net margin of -37.73%. Okta's return on equity of -1.10% beat Asana's return on equity.

Company Net Margins Return on Equity Return on Assets
Asana-37.73% -81.88% -27.14%
Okta -5.55%-1.10%-0.73%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Asana$652.50M4.87-$257.03M-$1.15-12.12
Okta$2.26B5.53-$355M-$0.84-87.73

Summary

Okta beats Asana on 13 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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 NYSE 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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ASAN vs. The Competition

MetricAsanaPrepackaged software IndustryComputer SectorNYSE Exchange
Market Cap$3.18B$25.00B$24.07B$19.87B
Dividend YieldN/A2.33%2.79%3.53%
P/E Ratio-12.1293.20258.4042.94
Price / Sales4.878.053,506.6818.99
Price / CashN/A87.3932.8917.86
Price / Book9.6111.017.415.52
Net Income-$257.03M$444.73M$667.83M$986.45M
7 Day Performance-2.28%-0.07%0.21%0.45%
1 Month Performance14.69%4.17%0.76%1.05%
1 Year Performance-32.91%23.90%18.79%24.67%

Asana Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ASAN
Asana
1.1906 of 5 stars
$13.94
+1.2%
$14.27
+2.4%
-36.1%$3.18B$652.50M-12.121,840Analyst Forecast
OKTA
Okta
4.8697 of 5 stars
$73.69
-1.1%
$98.30
+33.4%
+2.3%$12.66B$2.26B0.005,908Analyst Forecast
PAYC
Paycom Software
4.6629 of 5 stars
$219.67
+1.3%
$193.67
-11.8%
+20.4%$12.51B$1.69B26.437,308Positive News
MNDY
monday.com
3.6335 of 5 stars
$260.15
+1.2%
$310.81
+19.5%
+50.7%$12.41B$729.70M634.511,168Analyst Upgrade
Positive News
DAY
Dayforce
2.4151 of 5 stars
$75.91
+1.5%
$78.77
+3.8%
N/A$11.97B$1.51B230.049,084Analyst Forecast
Short Interest ↓
PCTY
Paylocity
4.7583 of 5 stars
$195.28
+0.3%
$196.64
+0.7%
+28.2%$10.86B$1.40B49.946,400Insider Trade
NICE
NICE
4.4588 of 5 stars
$170.97
-1.0%
$260.57
+52.4%
-12.4%$10.86B$2.38B26.478,384Analyst Revision
AUR
Aurora Innovation
0.8813 of 5 stars
$6.01
-3.7%
$4.63
-23.0%
+170.7%$10.72B$68M0.001,800Insider Trade
Short Interest ↓
PCOR
Procore Technologies
2.0672 of 5 stars
$70.26
+0.3%
$70.25
0.0%
+24.6%$10.41B$950.01M0.003,694Analyst Forecast
WIX
Wix.com
4.2763 of 5 stars
$210.27
+14.3%
$197.38
-6.1%
+113.9%$10.08B$1.56B166.884,600Analyst Forecast
Options Volume
News Coverage
Gap Up
High Trading Volume
PSN
Parsons
3.4095 of 5 stars
$95.29
+0.9%
$104.88
+10.1%
+51.7%$10.03B$5.44B144.3818,500

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This page (NYSE:ASAN) was last updated on 11/21/2024 by MarketBeat.com Staff
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