TEAM vs. ADSK, SNOW, DDOG, VEEV, NTES, HUBS, ANSS, MDB, NET, and MSTR
Should you be buying Atlassian stock or one of its competitors? The main competitors of Atlassian include Autodesk (ADSK), Snowflake (SNOW), Datadog (DDOG), Veeva Systems (VEEV), NetEase (NTES), HubSpot (HUBS), ANSYS (ANSS), MongoDB (MDB), Cloudflare (NET), and MicroStrategy (MSTR). These companies are all part of the "prepackaged software" industry.
Atlassian (NASDAQ:TEAM) and Autodesk (NASDAQ:ADSK) are both large-cap computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, media sentiment, institutional ownership, profitability, valuation, dividends, community ranking, earnings and risk.
Atlassian has a beta of 0.67, meaning that its stock price is 33% less volatile than the S&P 500. Comparatively, Autodesk has a beta of 1.45, meaning that its stock price is 45% more volatile than the S&P 500.
In the previous week, Autodesk had 4 more articles in the media than Atlassian. MarketBeat recorded 22 mentions for Autodesk and 18 mentions for Atlassian. Autodesk's average media sentiment score of 0.22 beat Atlassian's score of 0.06 indicating that Autodesk is being referred to more favorably in the news media.
Autodesk received 597 more outperform votes than Atlassian when rated by MarketBeat users. Likewise, 69.35% of users gave Autodesk an outperform vote while only 64.77% of users gave Atlassian an outperform vote.
93.0% of Atlassian shares are held by institutional investors. Comparatively, 90.2% of Autodesk shares are held by institutional investors. 40.5% of Atlassian shares are held by insiders. Comparatively, 0.1% of Autodesk shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Autodesk has a net margin of 16.48% compared to Atlassian's net margin of -3.90%. Autodesk's return on equity of 75.01% beat Atlassian's return on equity.
Atlassian presently has a consensus target price of $223.22, suggesting a potential upside of 24.21%. Autodesk has a consensus target price of $274.67, suggesting a potential upside of 24.17%. Given Atlassian's stronger consensus rating and higher probable upside, research analysts clearly believe Atlassian is more favorable than Autodesk.
Autodesk has higher revenue and earnings than Atlassian. Atlassian is trading at a lower price-to-earnings ratio than Autodesk, indicating that it is currently the more affordable of the two stocks.
Summary
Autodesk beats Atlassian on 12 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding TEAM and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis 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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