WEAV vs. MGIC, BAND, WKME, CGNT, SCWX, DDD, LAW, KC, GDYN, and BLZE
Should you be buying Weave Communications stock or one of its competitors? The main competitors of Weave Communications include Magic Software Enterprises (MGIC), Bandwidth (BAND), WalkMe (WKME), Cognyte Software (CGNT), SecureWorks (SCWX), 3D Systems (DDD), CS Disco (LAW), Kingsoft Cloud (KC), Grid Dynamics (GDYN), and Backblaze (BLZE). These companies are all part of the "prepackaged software" industry.
Magic Software Enterprises (NASDAQ:MGIC) and Weave Communications (NYSE:WEAV) are both small-cap computer and technology companies, but which is the better stock? We will contrast the two companies based on the strength of their profitability, valuation, risk, media sentiment, analyst recommendations, institutional ownership, community ranking, earnings and dividends.
Magic Software Enterprises has a beta of 1.12, indicating that its stock price is 12% more volatile than the S&P 500. Comparatively, Weave Communications has a beta of 2.23, indicating that its stock price is 123% more volatile than the S&P 500.
Magic Software Enterprises has a net margin of 6.92% compared to Magic Software Enterprises' net margin of -17.06%. Weave Communications' return on equity of 17.33% beat Magic Software Enterprises' return on equity.
24.7% of Magic Software Enterprises shares are owned by institutional investors. Comparatively, 86.8% of Weave Communications shares are owned by institutional investors. 4.5% of Magic Software Enterprises shares are owned by insiders. Comparatively, 36.3% of Weave Communications shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Magic Software Enterprises has higher revenue and earnings than Weave Communications. Weave Communications is trading at a lower price-to-earnings ratio than Magic Software Enterprises, indicating that it is currently the more affordable of the two stocks.
Magic Software Enterprises received 272 more outperform votes than Weave Communications when rated by MarketBeat users. Likewise, 60.21% of users gave Magic Software Enterprises an outperform vote while only 44.74% of users gave Weave Communications an outperform vote.
Magic Software Enterprises presently has a consensus target price of $14.00, suggesting a potential upside of 12.54%. Weave Communications has a consensus target price of $14.00, suggesting a potential upside of 55.38%. Given Magic Software Enterprises' higher probable upside, analysts plainly believe Weave Communications is more favorable than Magic Software Enterprises.
In the previous week, Weave Communications had 10 more articles in the media than Magic Software Enterprises. MarketBeat recorded 11 mentions for Weave Communications and 1 mentions for Magic Software Enterprises. Weave Communications' average media sentiment score of 0.00 beat Magic Software Enterprises' score of -0.04 indicating that Magic Software Enterprises is being referred to more favorably in the media.
Summary
Magic Software Enterprises beats Weave Communications on 11 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding WEAV 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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