DDOG vs. VEEV, HUBS, ANSS, ADSK, TEAM, SPLK, MDB, TTWO, NET, and SNOW
Should you be buying Datadog stock or one of its competitors? The main competitors of Datadog include Veeva Systems (VEEV), HubSpot (HUBS), ANSYS (ANSS), Autodesk (ADSK), Atlassian (TEAM), Splunk (SPLK), MongoDB (MDB), Take-Two Interactive Software (TTWO), Cloudflare (NET), and Snowflake (SNOW).
Veeva Systems (NYSE:VEEV) and Datadog (NASDAQ:DDOG) are both large-cap computer and technology companies, but which is the better investment? We will compare the two companies based on the strength of their profitability, dividends, community ranking, analyst recommendations, risk, institutional ownership, earnings, media sentiment and valuation.
Veeva Systems has a beta of 0.76, indicating that its stock price is 24% less volatile than the S&P 500. Comparatively, Datadog has a beta of 1.14, indicating that its stock price is 14% more volatile than the S&P 500.
In the previous week, Datadog had 54 more articles in the media than Veeva Systems. MarketBeat recorded 66 mentions for Datadog and 12 mentions for Veeva Systems. Datadog's average media sentiment score of 1.11 beat Veeva Systems' score of 0.53 indicating that Veeva Systems is being referred to more favorably in the media.
Veeva Systems received 437 more outperform votes than Datadog when rated by MarketBeat users. Likewise, 69.83% of users gave Veeva Systems an outperform vote while only 64.22% of users gave Datadog an outperform vote.
88.2% of Veeva Systems shares are held by institutional investors. Comparatively, 78.3% of Datadog shares are held by institutional investors. 10.5% of Veeva Systems shares are held by insiders. Comparatively, 11.8% of Datadog shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Veeva Systems has a net margin of 22.24% compared to Veeva Systems' net margin of 2.28%. Datadog's return on equity of 11.26% beat Veeva Systems' return on equity.
Veeva Systems currently has a consensus target price of $234.90, suggesting a potential upside of 16.44%. Datadog has a consensus target price of $135.58, suggesting a potential upside of 15.60%. Given Datadog's higher possible upside, equities analysts plainly believe Veeva Systems is more favorable than Datadog.
Veeva Systems has higher revenue and earnings than Datadog. Veeva Systems is trading at a lower price-to-earnings ratio than Datadog, indicating that it is currently the more affordable of the two stocks.
Summary
Veeva Systems beats Datadog on 11 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding DDOG 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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