Procore Technologies (NYSE:PCOR – Get Free Report) and Atlassian (NASDAQ:TEAM – Get Free Report) are both business services companies, but which is the superior stock? We will compare the two companies based on the strength of their dividends, analyst recommendations, earnings, profitability, valuation, risk and institutional ownership.
Analyst Ratings
This is a breakdown of current ratings and target prices for Procore Technologies and Atlassian, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Procore Technologies | 0 | 1 | 12 | 0 | 2.92 |
| Atlassian | 0 | 7 | 11 | 0 | 2.61 |
Procore Technologies presently has a consensus price target of $79.14, suggesting a potential upside of 22.87%. Atlassian has a consensus price target of $199.81, suggesting a potential upside of 1.71%. Given Procore Technologies’ stronger consensus rating and higher possible upside, equities analysts plainly believe Procore Technologies is more favorable than Atlassian.
Volatility & Risk
Institutional and Insider Ownership
81.1% of Procore Technologies shares are owned by institutional investors. Comparatively, 53.4% of Atlassian shares are owned by institutional investors. 39.2% of Procore Technologies shares are owned by insiders. Comparatively, 43.1% of Atlassian shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Earnings & Valuation
This table compares Procore Technologies and Atlassian’s top-line revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Procore Technologies | $830.54 million | 11.04 | -$286.93 million | ($1.85) | -34.82 |
| Atlassian | $3.53 billion | 14.31 | -$486.76 million | ($1.89) | -103.95 |
Procore Technologies has higher earnings, but lower revenue than Atlassian. Atlassian is trading at a lower price-to-earnings ratio than Procore Technologies, indicating that it is currently the more affordable of the two stocks.
Profitability
This table compares Procore Technologies and Atlassian’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Procore Technologies | -31.15% | -18.16% | -11.82% |
| Atlassian | -13.77% | -61.15% | -9.40% |
Summary
Procore Technologies beats Atlassian on 8 of the 14 factors compared between the two stocks.
About Procore Technologies
Procore Technologies, Inc. provides a cloud-based construction management platform and related software products in the United States and internationally. The company's platform enables owners, general and specialty contractors, architects, and engineers to collaborate on construction projects. It offers Preconstruction that facilitates collaboration between internal and external stakeholders during the planning, budgeting, estimating, bidding, and partner selection phase of a construction project; and Project Management, which enables real-time collaboration, information storage, design, BIM model clash detection, and regulation compliance for teams on the jobsite and in the back office. The company also provides workforce management that helps contractors to schedule, track, and forecast labor productivity, enhance time management, communication with workforces, and manage profitability on construction projects; and Financial Management, which provides customers with visibility into the financial health of their individual construction projects and portfolios, as well as facilitates untethered access to financial data, linking the field, and the office in real-time. It serves owners, general contractors, and specialty contractors operating in the commercial, residential, industrial, and infrastructure segments of the construction industry. The company allow users to access its products on computers, smartphones, and tablets through any web browser or from its mobile application available for iOS and Android platforms through its direct sales team. Procore Technologies, Inc. was incorporated in 2002 and is headquartered in Carpinteria, California.
About Atlassian
Atlassian Corporation, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. Its product portfolio includes Jira Software and Jira Work Management, a project management system that connects technical and business teams so they can better plan, organize, track and manage their work and projects; Confluence, a connected workspace that organizes knowledge across all teams to move work forward; and Trello, a collaboration and organization product that captures and adds structure to fluid and fast-forming work for teams. The company also offers Jira Service Management, an intuitive and flexible service desk product for creating and managing service experiences for various service team providers, such as IT, legal, and HR teams; and Jira Align, an Atlassian's enterprise agility solution designed to help businesses to adapt and respond dynamic business conditions with a focus on value-creation. In addition, it provides Bitbucket, an enterprise-ready Git solution that enables professional dev teams to manage, collaborate, and deploy quality code; Atlassian Access, an enterprise-wide product for enhanced security and centralized administration that works across every Atlassian cloud product; and Jira Product, a prioritization and road mapping tool. Further, the company's portfolio includes Atlas, a teamwork directory; Bamboo, a continuous delivery pipeline; Crowd, a single sign-on; Crucible, a collaborative code review; Fisheye, a search, track, and visualize code change software; and Compass, a developer experience platform. Additionally, it offers Opsgenie, an on-call and alert management software; Sourcetree, a free git client for windows and mac; Statuspage that communicates real-time status to users; Beacon, an intelligent threat detection software; and Atlassian Access that enhance data security and governance for Atlassian Cloud products. The company was founded in 2002 and is headquartered in Sydney, Australia.
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