OKTA vs. CTXS, PAYC, NET, COUP, ANSS, NTES, SNOW, PLTR, 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), Cloudflare (NET), Coupa Software (COUP), ANSYS (ANSS), NetEase (NTES), Snowflake (SNOW), Palantir Technologies (PLTR), 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 stock? We will contrast the two businesses based on the strength of their analyst recommendations, profitability, institutional ownership, risk, media sentiment, community ranking, dividends, valuation and earnings.
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 59.58% of users gave Okta an outperform vote.
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.
86.6% of Okta shares are owned by institutional investors. Comparatively, 87.3% of Citrix Systems shares are owned by institutional investors. 7.0% of Okta shares are owned by insiders. Comparatively, 0.6% of Citrix Systems shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Okta presently has a consensus target price of $104.81, suggesting a potential upside of 18.18%. Given Okta's higher probable upside, equities research analysts plainly believe Okta is more favorable than Citrix Systems.
In the previous week, Okta had 49 more articles in the media than Citrix Systems. MarketBeat recorded 49 mentions for Okta and 0 mentions for Citrix Systems. Okta's average media sentiment score of 0.49 beat Citrix Systems' score of 0.00 indicating that Okta is being referred to more favorably in the media.
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 has a beta of 0.98, meaning that its share price is 2% less volatile than the S&P 500. Comparatively, Citrix Systems has a beta of 0.08, meaning that its share price is 92% less volatile than the S&P 500.
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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