Benzinga
Published Apr 18, 2024 16:00
Updated Apr 18, 2024 17:10
Comparative Study: Palantir Technologies And Industry Competitors In Software Industry
Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Amidst the fast-paced and highly competitive business environment of today, conducting comprehensive company analysis is essential for investors and industry enthusiasts. In this article, we will delve into an extensive industry comparison, evaluating Palantir Technologies (NYSE:PLTR) in comparison to its major competitors within the Software industry. By analyzing critical financial metrics, market position, and growth potential, our objective is to provide valuable insights for investors and offer a deeper understanding of company's performance in the industry.
Palantir Technologies Background Palantir is an analytical software company that focuses on leveraging data to create efficiencies in its clients' organizations. The firm serves commercial and government clients via its Foundry and Gotham platforms, respectively. The Denver-based company was founded in 2003 and went public in 2020.
Palantir Technologies Inc | 236.78 | 13.57 | 22.01 | 2.8% | $0.11 | $0.5 | 19.61% |
Salesforce Inc | 65.79 | 4.49 | 7.80 | 2.46% | $2.75 | $7.14 | 10.77% |
Adobe Inc | 45.33 | 13.75 | 10.90 | 3.88% | $1.21 | $4.59 | 11.32% |
SAP SE | 54.99 | 4.58 | 6.40 | 3.05% | $2.32 | $6.2 | 5.02% |
Intuit Inc | 62.64 | 10.15 | 11.52 | 2.08% | $0.6 | $2.53 | 11.34% |
Synopsys Inc | 58.21 | 12.06 | 13.36 | 7.01% | $0.53 | $1.32 | 21.15% |
Cadence Design Systems Inc | 76.86 | 23.51 | 19.58 | 9.94% | $0.41 | $0.96 | 18.75% |
Workday Inc | 49.31 | 8.40 | 9.39 | 16.16% | $0.24 | $1.46 | 16.75% |
Roper Technologies Inc | 41.32 | 3.23 | 9.15 | 2.26% | $0.72 | $1.13 | 12.76% |
Autodesk Inc | 51.29 | 24.78 | 8.45 | 16.9% | $0.35 | $1.34 | 3.89% |
Datadog Inc | 882.29 | 20.24 | 20.33 | 2.82% | $0.07 | $0.48 | 25.62% |
Ansys Inc | 56.85 | 5.28 | 12.54 | 5.29% | $0.37 | $0.74 | 15.99% |
AppLovin Corp | 72.30 | 18.70 | 7.82 | 14.58% | $0.37 | $0.68 | 35.73% |
PTC Inc | 89.64 | 7.56 | 9.74 | 2.42% | $0.16 | $0.44 | 18.09% |
MicroStrategy Inc | 44.91 | 9.67 | 39.61 | 5.93% | $-0.04 | $0.1 | -6.09% |
Zoom Video Communications Inc | 28.54 | 2.27 | 4.03 | 3.87% | $0.2 | $0.87 | 2.56% |
Tyler Technologies Inc | 103.82 | 5.82 | 8.83 | 1.34% | $0.09 | $0.21 | 6.35% |
Bentley Systems Inc | 50.07 | 17 | 13.55 | 22.81% | $0.05 | $0.24 | 8.26% |
NICE Ltd | 45.17 | 4.36 | 6.43 | 2.49% | $0.19 | $0.42 | 9.61% |
Manhattan Associates Inc | 81 | 50.54 | 15.40 | 19.96% | $0.06 | $0.13 | 20.27% |
Dynatrace Inc | 67.32 | 6.87 | 9.68 | 2.3% | $0.05 | $0.3 | 22.74% |
Average | 101.38 | 12.66 | 12.23 | 7.38% | $0.53 | $1.56 | 13.54% |
th, td { padding: 8px; text-align: left; }
th { background-color: #293a5a; color: #fff; text-align: left; }
tr:nth-child(even) { background-color: #f2f4f8; }
tr:hover { background-color: #e1e4ea; }
td:nth-child(3), td:nth-child(5) { text-align: left; }
.dividend-amount { font-weight: bold; color: #0d6efd; }
.dividend-frequency { font-size: 12px; color: #6c757d; } When conducting a detailed analysis of Palantir Technologies, the following trends become clear:
The debt-to-equity (D/E) ratio is a key indicator of a company's financial health and its reliance on debt financing.
Considering the debt-to-equity ratio in industry comparisons allows for a concise evaluation of a company's financial health and risk profile, aiding in informed decision-making.
When evaluating Palantir Technologies alongside its top 4 peers in terms of the Debt-to-Equity ratio, the following insights arise:
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Read the original article on Benzinga
Written By: Benzinga
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.