GDYN vs. WEAV, KC, WKME, TUYA, MGIC, SCWX, CGNT, BAND, LAW, and DDD
Should you be buying Grid Dynamics stock or one of its competitors? The main competitors of Grid Dynamics include Weave Communications (WEAV), Kingsoft Cloud (KC), WalkMe (WKME), Tuya (TUYA), Magic Software Enterprises (MGIC), SecureWorks (SCWX), Cognyte Software (CGNT), Bandwidth (BAND), CS Disco (LAW), and 3D Systems (DDD). These companies are all part of the "prepackaged software" industry.
Grid Dynamics (NASDAQ:GDYN) and Weave Communications (NYSE:WEAV) are both small-cap computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their community ranking, analyst recommendations, institutional ownership, media sentiment, earnings, profitability, valuation, dividends and risk.
Grid Dynamics has a beta of 1, suggesting that its share price has a similar volatility profile to the S&P 500.Comparatively, Weave Communications has a beta of 2.23, suggesting that its share price is 123% more volatile than the S&P 500.
In the previous week, Grid Dynamics had 8 more articles in the media than Weave Communications. MarketBeat recorded 17 mentions for Grid Dynamics and 9 mentions for Weave Communications. Grid Dynamics' average media sentiment score of 0.26 beat Weave Communications' score of -0.04 indicating that Grid Dynamics is being referred to more favorably in the media.
Grid Dynamics has higher revenue and earnings than Weave Communications. Weave Communications is trading at a lower price-to-earnings ratio than Grid Dynamics, indicating that it is currently the more affordable of the two stocks.
Grid Dynamics has a net margin of 0.72% compared to Weave Communications' net margin of -17.06%. Grid Dynamics' return on equity of 3.31% beat Weave Communications' return on equity.
Grid Dynamics presently has a consensus price target of $15.75, indicating a potential upside of 49.01%. Weave Communications has a consensus price target of $14.00, indicating a potential upside of 55.56%. Given Weave Communications' higher possible upside, analysts clearly believe Weave Communications is more favorable than Grid Dynamics.
71.2% of Grid Dynamics shares are held by institutional investors. Comparatively, 86.8% of Weave Communications shares are held by institutional investors. 7.4% of Grid Dynamics shares are held by company insiders. Comparatively, 36.3% of Weave Communications shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Grid Dynamics received 42 more outperform votes than Weave Communications when rated by MarketBeat users. Likewise, 70.24% of users gave Grid Dynamics an outperform vote while only 44.74% of users gave Weave Communications an outperform vote.
Summary
Grid Dynamics beats Weave Communications on 13 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding GDYN 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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