NTNX vs. OKTA, CHKP, BSY, SSNC, NICE, DT, MANH, TYL, TWLO, and PTC
Should you be buying Nutanix stock or one of its competitors? The main competitors of Nutanix include Okta (OKTA), Check Point Software Technologies (CHKP), Bentley Systems (BSY), SS&C Technologies (SSNC), NICE (NICE), Dynatrace (DT), Manhattan Associates (MANH), Tyler Technologies (TYL), Twilio (TWLO), and PTC (PTC). These companies are all part of the "prepackaged software" industry.
Nutanix (NASDAQ:NTNX) and Okta (NASDAQ:OKTA) are both large-cap computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their dividends, analyst recommendations, risk, media sentiment, community ranking, institutional ownership, earnings, valuation and profitability.
85.3% of Nutanix shares are owned by institutional investors. Comparatively, 86.6% of Okta shares are owned by institutional investors. 0.5% of Nutanix shares are owned by insiders. Comparatively, 7.0% of Okta shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Nutanix presently has a consensus target price of $65.69, suggesting a potential downside of 6.54%. Okta has a consensus target price of $101.84, suggesting a potential downside of 1.09%. Given Okta's higher possible upside, analysts plainly believe Okta is more favorable than Nutanix.
Nutanix received 132 more outperform votes than Okta when rated by MarketBeat users. Likewise, 69.64% of users gave Nutanix an outperform vote while only 59.53% of users gave Okta an outperform vote.
Nutanix has a beta of 1.27, meaning that its stock price is 27% more volatile than the S&P 500. Comparatively, Okta has a beta of 0.98, meaning that its stock price is 2% less volatile than the S&P 500.
Nutanix has higher earnings, but lower revenue than Okta. Nutanix is trading at a lower price-to-earnings ratio than Okta, indicating that it is currently the more affordable of the two stocks.
In the previous week, Okta had 5 more articles in the media than Nutanix. MarketBeat recorded 13 mentions for Okta and 8 mentions for Nutanix. Nutanix's average media sentiment score of 0.99 beat Okta's score of 0.90 indicating that Nutanix is being referred to more favorably in the media.
Nutanix has a net margin of -3.84% compared to Okta's net margin of -15.69%. Nutanix's return on equity of 0.00% beat Okta's return on equity.
Summary
Nutanix beats Okta on 12 of the 18 factors compared between the two stocks.
Get Nutanix News Delivered to You Automatically
Sign up to receive the latest news and ratings for NTNX and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding NTNX 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.
Related Companies and Tools
