SQSP vs. VRNS, CVLT, TENB, VERX, SMAR, WK, CWAN, FRSH, FROG, and BLKB
Should you be buying Squarespace stock or one of its competitors? The main competitors of Squarespace include Varonis Systems (VRNS), Commvault Systems (CVLT), Tenable (TENB), Vertex (VERX), Smartsheet (SMAR), Workiva (WK), Clearwater Analytics (CWAN), Freshworks (FRSH), JFrog (FROG), and Blackbaud (BLKB). These companies are all part of the "prepackaged software" industry.
Squarespace (NYSE:SQSP) and Varonis Systems (NASDAQ:VRNS) are both mid-cap computer and technology companies, but which is the better investment? We will contrast the two businesses based on the strength of their profitability, valuation, analyst recommendations, media sentiment, community ranking, dividends, risk, institutional ownership and earnings.
Squarespace has higher revenue and earnings than Varonis Systems. Squarespace is trading at a lower price-to-earnings ratio than Varonis Systems, indicating that it is currently the more affordable of the two stocks.
Squarespace has a beta of 0.52, meaning that its stock price is 48% less volatile than the S&P 500. Comparatively, Varonis Systems has a beta of 0.84, meaning that its stock price is 16% less volatile than the S&P 500.
Squarespace has a net margin of -0.70% compared to Varonis Systems' net margin of -20.38%. Squarespace's return on equity of 0.00% beat Varonis Systems' return on equity.
Squarespace currently has a consensus price target of $42.08, suggesting a potential downside of 3.96%. Varonis Systems has a consensus price target of $49.06, suggesting a potential upside of 13.75%. Given Varonis Systems' stronger consensus rating and higher possible upside, analysts plainly believe Varonis Systems is more favorable than Squarespace.
In the previous week, Squarespace had 62 more articles in the media than Varonis Systems. MarketBeat recorded 71 mentions for Squarespace and 9 mentions for Varonis Systems. Varonis Systems' average media sentiment score of 0.83 beat Squarespace's score of 0.34 indicating that Varonis Systems is being referred to more favorably in the news media.
92.3% of Squarespace shares are owned by institutional investors. Comparatively, 95.7% of Varonis Systems shares are owned by institutional investors. 45.0% of Squarespace shares are owned by company insiders. Comparatively, 2.6% of Varonis Systems shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Varonis Systems received 806 more outperform votes than Squarespace when rated by MarketBeat users. Likewise, 73.83% of users gave Varonis Systems an outperform vote while only 49.59% of users gave Squarespace an outperform vote.
Summary
Varonis Systems beats Squarespace 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 SQSP 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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