DAY vs. VEEV, HUBS, ANSS, TTWO, MSTR, NET, MDB, PTC, MBLY, and TYL
Should you be buying Dayforce stock or one of its competitors? The main competitors of Dayforce include Veeva Systems (VEEV), HubSpot (HUBS), ANSYS (ANSS), Take-Two Interactive Software (TTWO), MicroStrategy (MSTR), Cloudflare (NET), MongoDB (MDB), PTC (PTC), Mobileye Global (MBLY), and Tyler Technologies (TYL). These companies are all part of the "prepackaged software" industry.
Dayforce (NYSE:DAY) and Veeva Systems (NYSE:VEEV) are both computer and technology companies, but which is the better stock? We will compare the two businesses based on the strength of their earnings, dividends, community ranking, analyst recommendations, valuation, profitability, risk, institutional ownership and media sentiment.
In the previous week, Veeva Systems had 30 more articles in the media than Dayforce. MarketBeat recorded 38 mentions for Veeva Systems and 8 mentions for Dayforce. Dayforce's average media sentiment score of 0.23 beat Veeva Systems' score of 0.21 indicating that Dayforce is being referred to more favorably in the media.
Veeva Systems has a net margin of 22.34% compared to Dayforce's net margin of 3.30%. Veeva Systems' return on equity of 13.10% beat Dayforce's return on equity.
Veeva Systems has higher revenue and earnings than Dayforce. Veeva Systems is trading at a lower price-to-earnings ratio than Dayforce, indicating that it is currently the more affordable of the two stocks.
Dayforce presently has a consensus target price of $72.50, suggesting a potential upside of 46.58%. Veeva Systems has a consensus target price of $228.65, suggesting a potential upside of 31.22%. Given Dayforce's higher probable upside, research analysts clearly believe Dayforce is more favorable than Veeva Systems.
Dayforce has a beta of 1.3, suggesting that its stock price is 30% more volatile than the S&P 500. Comparatively, Veeva Systems has a beta of 0.76, suggesting that its stock price is 24% less volatile than the S&P 500.
88.2% of Veeva Systems shares are held by institutional investors. 4.9% of Dayforce shares are held by company insiders. Comparatively, 10.5% of Veeva Systems shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Veeva Systems received 699 more outperform votes than Dayforce when rated by MarketBeat users. Likewise, 69.63% of users gave Veeva Systems an outperform vote while only 45.45% of users gave Dayforce an outperform vote.
Summary
Veeva Systems beats Dayforce on 14 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding DAY 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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