SMAR vs. FRSH, TENB, VRNS, SQSP, VERX, CVLT, ZI, QLYS, WK, and FROG
Should you be buying Smartsheet stock or one of its competitors? The main competitors of Smartsheet include Freshworks (FRSH), Tenable (TENB), Varonis Systems (VRNS), Squarespace (SQSP), Vertex (VERX), Commvault Systems (CVLT), ZoomInfo Technologies (ZI), Qualys (QLYS), Workiva (WK), and JFrog (FROG). These companies are all part of the "prepackaged software" industry.
Smartsheet (NYSE:SMAR) and Freshworks (NASDAQ:FRSH) are both mid-cap computer and technology companies, but which is the superior stock? We will contrast the two businesses based on the strength of their community ranking, institutional ownership, valuation, analyst recommendations, media sentiment, earnings, profitability, risk and dividends.
Smartsheet has a net margin of -10.92% compared to Freshworks' net margin of -18.93%. Freshworks' return on equity of -10.66% beat Smartsheet's return on equity.
Smartsheet currently has a consensus price target of $49.75, suggesting a potential upside of 25.57%. Freshworks has a consensus price target of $22.59, suggesting a potential upside of 56.00%. Given Freshworks' higher probable upside, analysts clearly believe Freshworks is more favorable than Smartsheet.
Smartsheet has a beta of 0.73, suggesting that its stock price is 27% less volatile than the S&P 500. Comparatively, Freshworks has a beta of 0.88, suggesting that its stock price is 12% less volatile than the S&P 500.
Smartsheet received 342 more outperform votes than Freshworks when rated by MarketBeat users. Likewise, 65.47% of users gave Smartsheet an outperform vote while only 38.68% of users gave Freshworks an outperform vote.
In the previous week, Freshworks had 46 more articles in the media than Smartsheet. MarketBeat recorded 54 mentions for Freshworks and 8 mentions for Smartsheet. Smartsheet's average media sentiment score of 1.01 beat Freshworks' score of 0.03 indicating that Smartsheet is being referred to more favorably in the media.
90.0% of Smartsheet shares are owned by institutional investors. Comparatively, 75.6% of Freshworks shares are owned by institutional investors. 4.7% of Smartsheet shares are owned by insiders. Comparatively, 19.2% of Freshworks shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Smartsheet has higher revenue and earnings than Freshworks. Smartsheet is trading at a lower price-to-earnings ratio than Freshworks, indicating that it is currently the more affordable of the two stocks.
Summary
Smartsheet beats Freshworks 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 SMAR 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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