SQ vs. NOW, SNPS, CRWD, CDNS, SHOP, NTES, SNOW, PLTR, ADSK, and TEAM
Should you be buying Block stock or one of its competitors? The main competitors of Block include ServiceNow (NOW), Synopsys (SNPS), CrowdStrike (CRWD), Cadence Design Systems (CDNS), Shopify (SHOP), NetEase (NTES), Snowflake (SNOW), Palantir Technologies (PLTR), Autodesk (ADSK), and Atlassian (TEAM). These companies are all part of the "prepackaged software" industry.
ServiceNow (NYSE:NOW) and Block (NYSE:SQ) are both large-cap computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their valuation, profitability, community ranking, institutional ownership, analyst recommendations, risk, media sentiment, earnings and dividends.
ServiceNow has a net margin of 20.34% compared to ServiceNow's net margin of 2.18%. Block's return on equity of 13.59% beat ServiceNow's return on equity.
ServiceNow currently has a consensus target price of $814.48, indicating a potential upside of 23.98%. Block has a consensus target price of $87.59, indicating a potential upside of 36.69%. Given ServiceNow's higher possible upside, analysts plainly believe Block is more favorable than ServiceNow.
ServiceNow has a beta of 0.98, suggesting that its share price is 2% less volatile than the S&P 500. Comparatively, Block has a beta of 2.57, suggesting that its share price is 157% more volatile than the S&P 500.
In the previous week, ServiceNow had 26 more articles in the media than Block. MarketBeat recorded 39 mentions for ServiceNow and 13 mentions for Block. Block's average media sentiment score of 0.70 beat ServiceNow's score of 0.39 indicating that ServiceNow is being referred to more favorably in the media.
ServiceNow has higher earnings, but lower revenue than Block. ServiceNow is trading at a lower price-to-earnings ratio than Block, indicating that it is currently the more affordable of the two stocks.
87.2% of ServiceNow shares are held by institutional investors. Comparatively, 70.4% of Block shares are held by institutional investors. 0.3% of ServiceNow shares are held by company insiders. Comparatively, 10.5% of Block shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Block received 101 more outperform votes than ServiceNow when rated by MarketBeat users. However, 74.63% of users gave ServiceNow an outperform vote while only 69.52% of users gave Block an outperform vote.
Summary
ServiceNow beats Block on 11 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SQ 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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