OKTA vs. CTXS, PAYC, COUP, NET, ANSS, NTES, PLTR, SNOW, ADSK, and TEAM
Should you be buying Okta stock or one of its competitors? The main competitors of Okta include Citrix Systems (CTXS), Paycom Software (PAYC), Coupa Software (COUP), Cloudflare (NET), ANSYS (ANSS), NetEase (NTES), Palantir Technologies (PLTR), Snowflake (SNOW), Autodesk (ADSK), and Atlassian (TEAM).
Okta (NASDAQ:OKTA) and Citrix Systems (NASDAQ:CTXS) are both large-cap computer and technology companies, but which is the superior investment? We will compare the two companies based on the strength of their analyst recommendations, risk, earnings, profitability, institutional ownership, media sentiment, valuation, dividends and community ranking.
86.6% of Okta shares are held by institutional investors. Comparatively, 87.3% of Citrix Systems shares are held by institutional investors. 7.0% of Okta shares are held by company insiders. Comparatively, 0.6% of Citrix Systems shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Okta has a beta of 1.03, indicating that its stock price is 3% more volatile than the S&P 500. Comparatively, Citrix Systems has a beta of 0.08, indicating that its stock price is 92% less volatile than the S&P 500.
Citrix Systems received 423 more outperform votes than Okta when rated by MarketBeat users. Likewise, 67.42% of users gave Citrix Systems an outperform vote while only 59.51% of users gave Okta an outperform vote.
Citrix Systems has higher revenue and earnings than Okta. Okta is trading at a lower price-to-earnings ratio than Citrix Systems, indicating that it is currently the more affordable of the two stocks.
Okta presently has a consensus price target of $104.48, indicating a potential upside of 18.91%. Given Okta's higher possible upside, equities analysts clearly believe Okta is more favorable than Citrix Systems.
Citrix Systems has a net margin of 9.97% compared to Okta's net margin of -11.69%. Citrix Systems' return on equity of 68.95% beat Okta's return on equity.
In the previous week, Okta had 14 more articles in the media than Citrix Systems. MarketBeat recorded 14 mentions for Okta and 0 mentions for Citrix Systems. Okta's average media sentiment score of 0.92 beat Citrix Systems' score of 0.00 indicating that Okta is being referred to more favorably in the media.
Summary
Citrix Systems beats Okta on 10 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding OKTA 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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