WK vs. CHKP, OKTA, GEN, SSNC, BSY, MANH, DT, NICE, MNDY, and DOCU
Should you be buying Workiva stock or one of its competitors? The main competitors of Workiva include Check Point Software Technologies (CHKP), Okta (OKTA), Gen Digital (GEN), SS&C Technologies (SSNC), Bentley Systems (BSY), Manhattan Associates (MANH), Dynatrace (DT), NICE (NICE), monday.com (MNDY), and DocuSign (DOCU). These companies are all part of the "prepackaged software" industry.
Workiva (NYSE:WK) and Check Point Software Technologies (NASDAQ:CHKP) are both computer and technology companies, but which is the better investment? We will compare the two businesses based on the strength of their analyst recommendations, community ranking, valuation, earnings, profitability, institutional ownership, media sentiment, risk and dividends.
Workiva has a beta of 1.04, suggesting that its stock price is 4% more volatile than the S&P 500. Comparatively, Check Point Software Technologies has a beta of 0.64, suggesting that its stock price is 36% less volatile than the S&P 500.
In the previous week, Check Point Software Technologies had 3 more articles in the media than Workiva. MarketBeat recorded 11 mentions for Check Point Software Technologies and 8 mentions for Workiva. Check Point Software Technologies' average media sentiment score of 1.12 beat Workiva's score of 0.17 indicating that Check Point Software Technologies is being referred to more favorably in the news media.
Check Point Software Technologies has a net margin of 34.33% compared to Workiva's net margin of -14.20%. Check Point Software Technologies' return on equity of 31.42% beat Workiva's return on equity.
Check Point Software Technologies received 507 more outperform votes than Workiva when rated by MarketBeat users. Likewise, 65.55% of users gave Check Point Software Technologies an outperform vote while only 65.50% of users gave Workiva an outperform vote.
92.2% of Workiva shares are owned by institutional investors. Comparatively, 87.6% of Check Point Software Technologies shares are owned by institutional investors. 3.9% of Workiva shares are owned by insiders. Comparatively, 29.0% of Check Point Software Technologies shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Check Point Software Technologies has higher revenue and earnings than Workiva. Workiva is trading at a lower price-to-earnings ratio than Check Point Software Technologies, indicating that it is currently the more affordable of the two stocks.
Workiva presently has a consensus price target of $111.86, suggesting a potential upside of 45.33%. Check Point Software Technologies has a consensus price target of $169.18, suggesting a potential upside of 12.41%. Given Workiva's stronger consensus rating and higher probable upside, analysts plainly believe Workiva is more favorable than Check Point Software Technologies.
Summary
Check Point Software Technologies beats Workiva on 14 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding WK 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 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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