SMAR vs. TENB, SQSP, VRNS, BILL, ZI, QLYS, CVLT, VERX, WK, and CWAN
Should you be buying Smartsheet stock or one of its competitors? The main competitors of Smartsheet include Tenable (TENB), Squarespace (SQSP), Varonis Systems (VRNS), BILL (BILL), ZoomInfo Technologies (ZI), Qualys (QLYS), Commvault Systems (CVLT), Vertex (VERX), Workiva (WK), and Clearwater Analytics (CWAN). These companies are all part of the "prepackaged software" industry.
Smartsheet (NYSE:SMAR) and Tenable (NASDAQ:TENB) are both mid-cap computer and technology companies, but which is the superior investment? We will compare the two companies based on the strength of their community ranking, profitability, earnings, valuation, media sentiment, analyst recommendations, risk, institutional ownership and dividends.
Tenable has lower revenue, but higher earnings than Smartsheet. Tenable is trading at a lower price-to-earnings ratio than Smartsheet, indicating that it is currently the more affordable of the two stocks.
In the previous week, Smartsheet had 10 more articles in the media than Tenable. MarketBeat recorded 15 mentions for Smartsheet and 5 mentions for Tenable. Smartsheet's average media sentiment score of 1.03 beat Tenable's score of 0.46 indicating that Smartsheet is being referred to more favorably in the media.
Smartsheet currently has a consensus target price of $49.75, suggesting a potential upside of 18.37%. Tenable has a consensus target price of $57.20, suggesting a potential upside of 30.00%. Given Tenable's stronger consensus rating and higher probable upside, analysts clearly believe Tenable is more favorable than Smartsheet.
Smartsheet received 126 more outperform votes than Tenable when rated by MarketBeat users. However, 68.35% of users gave Tenable an outperform vote while only 65.47% of users gave Smartsheet an outperform vote.
Tenable has a net margin of -8.18% compared to Smartsheet's net margin of -10.92%. Tenable's return on equity of -10.40% beat Smartsheet's return on equity.
90.0% of Smartsheet shares are owned by institutional investors. Comparatively, 89.1% of Tenable shares are owned by institutional investors. 4.5% of Smartsheet shares are owned by company insiders. Comparatively, 4.3% of Tenable shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Smartsheet has a beta of 0.73, suggesting that its stock price is 27% less volatile than the S&P 500. Comparatively, Tenable has a beta of 0.94, suggesting that its stock price is 6% less volatile than the S&P 500.
Summary
Tenable beats Smartsheet on 11 of the 18 factors compared between the two stocks.
Get Smartsheet News Delivered to You Automatically
Sign up to receive the latest news and ratings for SMAR and its competitors with MarketBeat's FREE daily newsletter.
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.
Smartsheet Competitors List
Related Companies and Tools
