Workiva (WK) Competitors

$80.15
-1.91 (-2.33%)
(As of 04:10 PM ET)

WK vs. VERX, CWAN, FRSH, CVLT, FROG, BLKB, VRNS, SQSP, ACIW, and BOX

Should you be buying Workiva stock or one of its competitors? The main competitors of Workiva include Vertex (VERX), Clearwater Analytics (CWAN), Freshworks (FRSH), Commvault Systems (CVLT), JFrog (FROG), Blackbaud (BLKB), Varonis Systems (VRNS), Squarespace (SQSP), ACI Worldwide (ACIW), and BOX (BOX). These companies are all part of the "prepackaged software" industry.

Workiva vs.

Workiva (NYSE:WK) and Vertex (NASDAQ:VERX) are both mid-cap computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, dividends, earnings, risk, valuation, profitability, community ranking, media sentiment and analyst recommendations.

92.2% of Workiva shares are held by institutional investors. Comparatively, 59.1% of Vertex shares are held by institutional investors. 3.9% of Workiva shares are held by insiders. Comparatively, 45.0% of Vertex 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.

Workiva has a beta of 1.04, indicating that its share price is 4% more volatile than the S&P 500. Comparatively, Vertex has a beta of 0.65, indicating that its share price is 35% less volatile than the S&P 500.

Vertex has a net margin of -2.29% compared to Workiva's net margin of -14.20%. Vertex's return on equity of 16.15% beat Workiva's return on equity.

Company Net Margins Return on Equity Return on Assets
Workiva-14.20% N/A -7.94%
Vertex -2.29%16.15%5.08%

Workiva received 363 more outperform votes than Vertex when rated by MarketBeat users. Likewise, 65.50% of users gave Workiva an outperform vote while only 39.47% of users gave Vertex an outperform vote.

CompanyUnderperformOutperform
WorkivaOutperform Votes
393
65.50%
Underperform Votes
207
34.50%
VertexOutperform Votes
30
39.47%
Underperform Votes
46
60.53%

Vertex has lower revenue, but higher earnings than Workiva. Vertex is trading at a lower price-to-earnings ratio than Workiva, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Workiva$630.04M7.06-$127.53M-$1.72-47.27
Vertex$572.39M7.95-$13.09M-$0.10-294.90

Workiva currently has a consensus price target of $111.86, indicating a potential upside of 36.20%. Vertex has a consensus price target of $35.67, indicating a potential upside of 18.30%. Given Workiva's stronger consensus rating and higher probable upside, equities research analysts clearly believe Workiva is more favorable than Vertex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Workiva
0 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.86
Vertex
0 Sell rating(s)
4 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.60

In the previous week, Workiva had 14 more articles in the media than Vertex. MarketBeat recorded 24 mentions for Workiva and 10 mentions for Vertex. Workiva's average media sentiment score of 0.69 beat Vertex's score of 0.60 indicating that Workiva is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Workiva
9 Very Positive mention(s)
5 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Vertex
2 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Workiva beats Vertex on 10 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding WK and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

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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WK vs. The Competition

MetricWorkivaPrepackaged software IndustryComputer SectorNYSE Exchange
Market Cap$4.45B$21.24B$19.77B$17.67B
Dividend YieldN/A2.05%2.75%3.52%
P/E Ratio-47.2789.21264.7524.76
Price / Sales7.069.60542.6410.70
Price / CashN/A67.6728.5015.59
Price / Book-53.4910.176.815.12
Net Income-$127.53M$368.79M$631.00M$967.29M
7 Day Performance1.09%1.99%1.93%2.83%
1 Month Performance-0.12%-1.38%-0.58%-1.19%
1 Year Performance-7.93%20.12%29.51%105.18%

Workiva Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
VERX
Vertex
3.5055 of 5 stars
$30.15
-0.5%
$35.67
+18.3%
+49.3%$4.65B$572.39M-301.501,500Analyst Forecast
CWAN
Clearwater Analytics
1.4688 of 5 stars
$17.65
+1.0%
$21.70
+22.9%
+22.9%$4.32B$368.17M-220.631,756Earnings Report
Analyst Revision
FRSH
Freshworks
3.1541 of 5 stars
$14.26
+0.9%
$22.59
+58.4%
+8.6%$4.25B$596.43M-35.654,900Analyst Forecast
CVLT
Commvault Systems
2.3962 of 5 stars
$109.00
+0.1%
$114.25
+4.8%
+78.3%$4.76B$839.25M28.992,779
FROG
JFrog
1.0345 of 5 stars
$41.02
0.0%
$43.46
+6.0%
+95.4%$4.18B$349.89M-68.371,400Upcoming Earnings
BLKB
Blackbaud
4.3205 of 5 stars
$78.60
-0.7%
$88.00
+12.0%
+12.3%$4.06B$1.11B191.713,000
VRNS
Varonis Systems
2.3612 of 5 stars
$45.00
+0.9%
$49.06
+9.0%
+95.4%$5.02B$499.16M-48.912,233Analyst Forecast
News Coverage
High Trading Volume
SQSP
Squarespace
2.2133 of 5 stars
$36.88
+4.1%
$38.54
+4.5%
+34.2%$5.04B$1.01B-737.601,749Analyst Forecast
News Coverage
Gap Up
High Trading Volume
ACIW
ACI Worldwide
3.3375 of 5 stars
$35.88
+1.0%
$40.00
+11.5%
+47.4%$3.81B$1.45B26.783,212
BOX
BOX
4.4812 of 5 stars
$26.45
+0.2%
$30.89
+16.8%
-0.5%$3.81B$1.04B39.472,530Positive News

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This page (NYSE:WK) was last updated on 5/8/2024 by MarketBeat.com Staff

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