WEAV vs. MGIC, BAND, SCWX, WKME, CGNT, DDD, GDYN, LAW, KC, and BBAI
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), SecureWorks (SCWX), WalkMe (WKME), Cognyte Software (CGNT), 3D Systems (DDD), Grid Dynamics (GDYN), CS Disco (LAW), Kingsoft Cloud (KC), and BigBear.ai (BBAI). 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 superior stock? We will compare the two companies based on the strength of their earnings, community ranking, media sentiment, valuation, profitability, risk, analyst recommendations, dividends and institutional ownership.
Magic Software Enterprises has a net margin of 6.83% compared to Magic Software Enterprises' net margin of -17.06%. Weave Communications' return on equity of 16.56% beat Magic Software Enterprises' return on equity.
Magic Software Enterprises currently has a consensus price target of $14.00, suggesting a potential upside of 17.85%. Weave Communications has a consensus price target of $14.00, suggesting a potential upside of 56.08%. Given Magic Software Enterprises' higher possible upside, analysts plainly believe Weave Communications is more favorable than Magic Software Enterprises.
In the previous week, Magic Software Enterprises had 7 more articles in the media than Weave Communications. MarketBeat recorded 8 mentions for Magic Software Enterprises and 1 mentions for Weave Communications. Weave Communications' average media sentiment score of 0.50 beat Magic Software Enterprises' score of 0.00 indicating that Magic Software Enterprises is being referred to more favorably in the media.
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 company insiders. Comparatively, 36.3% of Weave Communications shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
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 has a beta of 1.12, meaning that its share price is 12% more volatile than the S&P 500. Comparatively, Weave Communications has a beta of 2.23, meaning that its share price is 123% more volatile than the S&P 500.
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.
Summary
Magic Software Enterprises beats Weave Communications on 12 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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