CRNC vs. BIGC, WEAV, DH, CGNT, BAND, MGIC, SCWX, DDD, MKTW, and XPER
Should you be buying Cerence stock or one of its competitors? The main competitors of Cerence include BigCommerce (BIGC), Weave Communications (WEAV), Definitive Healthcare (DH), Cognyte Software (CGNT), Bandwidth (BAND), Magic Software Enterprises (MGIC), SecureWorks (SCWX), 3D Systems (DDD), MarketWise (MKTW), and Xperi (XPER). These companies are all part of the "prepackaged software" industry.
Cerence (NASDAQ:CRNC) and BigCommerce (NASDAQ:BIGC) are both small-cap computer and technology companies, but which is the superior stock? We will contrast the two businesses based on the strength of their profitability, analyst recommendations, community ranking, institutional ownership, media sentiment, risk, valuation, earnings and dividends.
Cerence received 27 more outperform votes than BigCommerce when rated by MarketBeat users. Likewise, 57.72% of users gave Cerence an outperform vote while only 44.03% of users gave BigCommerce an outperform vote.
Cerence has a beta of 2.57, suggesting that its stock price is 157% more volatile than the S&P 500. Comparatively, BigCommerce has a beta of 0.84, suggesting that its stock price is 16% less volatile than the S&P 500.
91.4% of Cerence shares are owned by institutional investors. Comparatively, 79.2% of BigCommerce shares are owned by institutional investors. 1.2% of Cerence shares are owned by company insiders. Comparatively, 9.1% of BigCommerce shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Cerence has higher earnings, but lower revenue than BigCommerce. BigCommerce is trading at a lower price-to-earnings ratio than Cerence, indicating that it is currently the more affordable of the two stocks.
Cerence currently has a consensus price target of $10.08, indicating a potential upside of 193.12%. BigCommerce has a consensus price target of $9.63, indicating a potential upside of 16.81%. Given Cerence's higher probable upside, research analysts clearly believe Cerence is more favorable than BigCommerce.
BigCommerce has a net margin of -15.39% compared to Cerence's net margin of -80.93%. Cerence's return on equity of 3.66% beat BigCommerce's return on equity.
In the previous week, BigCommerce had 5 more articles in the media than Cerence. MarketBeat recorded 8 mentions for BigCommerce and 3 mentions for Cerence. BigCommerce's average media sentiment score of 0.60 beat Cerence's score of 0.22 indicating that BigCommerce is being referred to more favorably in the news media.
Summary
Cerence beats BigCommerce on 9 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding CRNC 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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