AVDX vs. ALKT, INTA, PRGS, APPN, AI, RPD, SPT, SWI, PD, and SEMR
Should you be buying AvidXchange stock or one of its competitors? The main competitors of AvidXchange include Alkami Technology (ALKT), Intapp (INTA), Progress Software (PRGS), Appian (APPN), C3.ai (AI), Rapid7 (RPD), Sprout Social (SPT), SolarWinds (SWI), PagerDuty (PD), and Semrush (SEMR). These companies are all part of the "prepackaged software" industry.
Alkami Technology (NASDAQ:ALKT) and AvidXchange (NASDAQ:AVDX) are both mid-cap computer and technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their analyst recommendations, media sentiment, profitability, earnings, institutional ownership, risk, community ranking, dividends and valuation.
Alkami Technology has a beta of 0.4, suggesting that its share price is 60% less volatile than the S&P 500. Comparatively, AvidXchange has a beta of 1.07, suggesting that its share price is 7% more volatile than the S&P 500.
Alkami Technology currently has a consensus price target of $26.90, suggesting a potential downside of 2.64%. AvidXchange has a consensus price target of $13.14, suggesting a potential upside of 9.62%. Given Alkami Technology's higher possible upside, analysts clearly believe AvidXchange is more favorable than Alkami Technology.
In the previous week, Alkami Technology had 15 more articles in the media than AvidXchange. MarketBeat recorded 17 mentions for Alkami Technology and 2 mentions for AvidXchange. Alkami Technology's average media sentiment score of 0.50 beat AvidXchange's score of 0.47 indicating that AvidXchange is being referred to more favorably in the news media.
AvidXchange has higher revenue and earnings than Alkami Technology. AvidXchange is trading at a lower price-to-earnings ratio than Alkami Technology, indicating that it is currently the more affordable of the two stocks.
55.0% of Alkami Technology shares are held by institutional investors. Comparatively, 80.6% of AvidXchange shares are held by institutional investors. 25.9% of Alkami Technology shares are held by company insiders. Comparatively, 10.3% of AvidXchange shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
AvidXchange has a net margin of -12.43% compared to AvidXchange's net margin of -20.42%. Alkami Technology's return on equity of -3.84% beat AvidXchange's return on equity.
Alkami Technology received 7 more outperform votes than AvidXchange when rated by MarketBeat users. Likewise, 63.24% of users gave Alkami Technology an outperform vote while only 45.00% of users gave AvidXchange an outperform vote.
Summary
AvidXchange beats Alkami Technology on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding AVDX 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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