MNDY vs. ESTC, PCOR, PCTY, CTXS, COUP, TEAM, SQ, DDOG, EA, and HUBS
Should you be buying monday.com stock or one of its competitors? The main competitors of monday.com include Elastic (ESTC), Procore Technologies (PCOR), Paylocity (PCTY), Citrix Systems (CTXS), Coupa Software (COUP), Atlassian (TEAM), Block (SQ), Datadog (DDOG), Electronic Arts (EA), and HubSpot (HUBS).
monday.com (NASDAQ:MNDY) and Elastic (NYSE:ESTC) are both large-cap computer and technology companies, but which is the better business? We will compare the two businesses based on the strength of their risk, earnings, community ranking, media sentiment, profitability, dividends, valuation, analyst recommendations and institutional ownership.
Elastic received 223 more outperform votes than monday.com when rated by MarketBeat users. Likewise, 64.78% of users gave Elastic an outperform vote while only 61.43% of users gave monday.com an outperform vote.
monday.com currently has a consensus target price of $252.50, indicating a potential upside of 12.48%. Elastic has a consensus target price of $118.05, indicating a potential upside of 7.91%. Given monday.com's stronger consensus rating and higher probable upside, research analysts plainly believe monday.com is more favorable than Elastic.
Elastic has a net margin of 4.87% compared to monday.com's net margin of 2.53%. monday.com's return on equity of 2.42% beat Elastic's return on equity.
73.7% of monday.com shares are held by institutional investors. Comparatively, 97.0% of Elastic shares are held by institutional investors. 22.3% of monday.com shares are held by insiders. Comparatively, 18.1% of Elastic shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
In the previous week, Elastic had 4 more articles in the media than monday.com. MarketBeat recorded 12 mentions for Elastic and 8 mentions for monday.com. monday.com's average media sentiment score of 1.11 beat Elastic's score of 0.82 indicating that monday.com is being referred to more favorably in the media.
Elastic has higher revenue and earnings than monday.com. Elastic is trading at a lower price-to-earnings ratio than monday.com, indicating that it is currently the more affordable of the two stocks.
monday.com has a beta of 1.3, meaning that its share price is 30% more volatile than the S&P 500. Comparatively, Elastic has a beta of 0.92, meaning that its share price is 8% less volatile than the S&P 500.
Summary
monday.com and Elastic tied by winning 9 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding MNDY 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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