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Symantec (SYMC) and Okta (NASDAQ:OKTA) Critical Analysis

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Okta (NASDAQ:OKTA) and Symantec (NASDAQ:SYMC) are both computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their dividends, risk, earnings, institutional ownership, analyst recommendations, valuation and profitability.

Analyst Ratings

This is a breakdown of current ratings and price targets for Okta and Symantec, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Okta 0 6 15 0 2.71
Symantec 2 18 3 0 2.04

Okta presently has a consensus target price of $80.33, indicating a potential downside of 1.20%. Symantec has a consensus target price of $22.62, indicating a potential downside of 1.41%. Given Okta’s stronger consensus rating and higher probable upside, research analysts plainly believe Okta is more favorable than Symantec.

Dividends

Symantec pays an annual dividend of $0.30 per share and has a dividend yield of 1.3%. Okta does not pay a dividend. Symantec pays out 31.6% of its earnings in the form of a dividend.

Profitability

This table compares Okta and Symantec’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Okta -31.43% -44.56% -14.02%
Symantec -0.86% 13.24% 4.67%

Earnings & Valuation

This table compares Okta and Symantec’s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Okta $399.25 million 22.86 -$125.50 million ($1.03) -78.94
Symantec $4.85 billion 3.03 $1.14 billion $0.95 24.15

Symantec has higher revenue and earnings than Okta. Okta is trading at a lower price-to-earnings ratio than Symantec, indicating that it is currently the more affordable of the two stocks.

Insider and Institutional Ownership

66.8% of Okta shares are owned by institutional investors. Comparatively, 89.9% of Symantec shares are owned by institutional investors. 20.6% of Okta shares are owned by insiders. Comparatively, 1.9% of Symantec shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Volatility & Risk

Okta has a beta of 1.2, indicating that its stock price is 20% more volatile than the S&P 500. Comparatively, Symantec has a beta of 1.09, indicating that its stock price is 9% more volatile than the S&P 500.

Summary

Symantec beats Okta on 9 of the 16 factors compared between the two stocks.

About Okta

Okta, Inc. provides identity solutions for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally. The company offers Okta Identity Cloud, a platform that offers a suite of products to manage and secure identities, such as Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization; Single Sign-On that enables users to access their applications in the cloud or on-premise from various devices with a single entry of their user credentials; Adaptive Multi-Factor Authentication, a product that provides an additional layer of security for Web and mobile applications, and data of organization; Lifecycle Management, which enables IT organizations or developers to manage a user’s identity throughout its lifecycle; API Access Management that enables organizations to secure APIs; and Mobility Management, which simplifies and automates mobile device administration and provisioning across phones, tablets, and laptops. It also offers customer support and training, and professional services. Okta, Inc. sells its products directly to customers through sales force, as well as through channel partners. The company was formerly known as Saasure, Inc. Okta, Inc. was founded in 2009 and is headquartered in San Francisco, California.

About Symantec

Symantec Corporation provides cybersecurity products, services, and solutions worldwide. The company operates through two segments, Enterprise Security and Consumer Digital Safety. The Enterprise Security segment provides endpoint and information protection products, including endpoint security, advanced threat protection, and information protection solutions and their related support services; and network and Web security products, such as network security, Web security, and cloud security solutions and their related support services. It also offers consulting, premium support, and cyber security services. The Consumer Digital Safety segment provides Norton Security solutions as a subscription service providing protection for devices against malware, viruses, adware, and ransomware on various platforms; and LifeLock identity theft protection solution that provides identity monitoring, alerts, and restoration to its customers, as well as Norton Wi-Fi Privacy services. The company serves business, government, and public-sector customers; small, medium, and large enterprises; and individuals, households, and small businesses. It markets and sells its products and related services through direct sales force, direct marketing and co-marketing programs, e-commerce and telesales platforms, distributors, Internet-based resellers, system builders, Internet service providers, employee benefits providers, wireless carriers, retailers, original equipment manufacturers, and retail and online stores. Symantec Corporation has strategic alliance with Ernst & Young LLP to help organizations address intellectual property and data, as well as manage cyber risk. The company was founded in 1982 and is headquartered in Mountain View, California.



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Source: on 2019-03-28 22:26:15

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