GEN vs. OKTA, DT, CHKP, NUAN, LDOS, NTES, PLTR, ADSK, SNOW, and TEAM
Should you be buying Gen Digital stock or one of its competitors? The main competitors of Gen Digital include Okta (OKTA), Dynatrace (DT), Check Point Software Technologies (CHKP), Nuance Communications (NUAN), Leidos (LDOS), NetEase (NTES), Palantir Technologies (PLTR), Autodesk (ADSK), Snowflake (SNOW), and Atlassian (TEAM).
Okta (NASDAQ:OKTA) and Gen Digital (NASDAQ:GEN) are both large-cap computer and technology companies, but which is the better investment? We will compare the two companies based on the strength of their earnings, institutional ownership, analyst recommendations, risk, valuation, community ranking, media sentiment, dividends and profitability.
Okta received 465 more outperform votes than Gen Digital when rated by MarketBeat users. However, 64.81% of users gave Gen Digital an outperform vote while only 59.51% of users gave Okta an outperform vote.
Okta presently has a consensus price target of $104.48, indicating a potential upside of 18.91%. Given Gen Digital's higher probable upside, equities research analysts clearly believe Okta is more favorable than Gen Digital.
Okta has a beta of 1.03, indicating that its stock price is 3% more volatile than the S&P 500. Comparatively, Gen Digital has a beta of 0.83, indicating that its stock price is 17% less volatile than the S&P 500.
86.6% of Okta shares are owned by institutional investors. Comparatively, 81.4% of Gen Digital shares are owned by institutional investors. 7.0% of Okta shares are owned by company insiders. Comparatively, 11.8% of Gen Digital shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Gen Digital has a net margin of 16.16% compared to Gen Digital's net margin of -11.69%. Okta's return on equity of 49.04% beat Gen Digital's return on equity.
Gen Digital has higher revenue and earnings than Okta. Okta is trading at a lower price-to-earnings ratio than Gen Digital, indicating that it is currently the more affordable of the two stocks.
In the previous week, Okta had 12 more articles in the media than Gen Digital. MarketBeat recorded 14 mentions for Okta and 2 mentions for Gen Digital. Gen Digital's average media sentiment score of 0.92 beat Okta's score of 0.58 indicating that Okta is being referred to more favorably in the media.
Summary
Gen Digital beats Okta on 11 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding GEN 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.
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