ESTC vs. PATH, PCOR, DOCU, CFLT, DUOL, SPSC, GEN, KVYO, BRZE, and ZETA
Should you be buying Elastic stock or one of its competitors? The main competitors of Elastic include UiPath (PATH), Procore Technologies (PCOR), DocuSign (DOCU), Confluent (CFLT), Duolingo (DUOL), SPS Commerce (SPSC), Gen Digital (GEN), Klaviyo (KVYO), Braze (BRZE), and Zeta Global (ZETA). These companies are all part of the "prepackaged software" industry.
Elastic (NYSE:ESTC) and UiPath (NYSE:PATH) are both large-cap business services companies, but which is the superior investment? We will compare the two companies based on the strength of their valuation, risk, dividends, community ranking, analyst recommendations, institutional ownership, media sentiment, profitability and earnings.
Elastic currently has a consensus price target of $111.26, suggesting a potential upside of 0.54%. UiPath has a consensus price target of $27.41, suggesting a potential upside of 37.20%. Given UiPath's higher probable upside, analysts clearly believe UiPath is more favorable than Elastic.
In the previous week, UiPath had 8 more articles in the media than Elastic. MarketBeat recorded 19 mentions for UiPath and 11 mentions for Elastic. Elastic's average media sentiment score of 1.07 beat UiPath's score of 0.82 indicating that Elastic is being referred to more favorably in the media.
97.0% of Elastic shares are held by institutional investors. Comparatively, 62.5% of UiPath shares are held by institutional investors. 18.1% of Elastic shares are held by insiders. Comparatively, 22.4% of UiPath shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Elastic has a net margin of 4.63% compared to UiPath's net margin of -6.87%. UiPath's return on equity of -3.29% beat Elastic's return on equity.
Elastic received 176 more outperform votes than UiPath when rated by MarketBeat users. Likewise, 64.45% of users gave Elastic an outperform vote while only 45.13% of users gave UiPath an outperform vote.
Elastic has a beta of 0.92, suggesting that its share price is 8% less volatile than the S&P 500. Comparatively, UiPath has a beta of 1.01, suggesting that its share price is 1% more volatile than the S&P 500.
UiPath has higher revenue and earnings than Elastic. UiPath is trading at a lower price-to-earnings ratio than Elastic, indicating that it is currently the more affordable of the two stocks.
Summary
Elastic beats UiPath 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 ESTC 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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