WDC vs. NTAP, STX, PSTG, GIB, VOD, NET, MSTR, ASX, HPE, and TME
Should you be buying Western Digital stock or one of its competitors? The main competitors of Western Digital include NetApp (NTAP), Seagate Technology (STX), Pure Storage (PSTG), CGI (GIB), Vodafone Group Public (VOD), Cloudflare (NET), MicroStrategy (MSTR), ASE Technology (ASX), Hewlett Packard Enterprise (HPE), and Tencent Music Entertainment Group (TME).
NetApp (NASDAQ:NTAP) and Western Digital (NASDAQ:WDC) are both large-cap computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their media sentiment, analyst recommendations, earnings, risk, profitability, institutional ownership, dividends, valuation and community ranking.
NetApp has higher earnings, but lower revenue than Western Digital. Western Digital is trading at a lower price-to-earnings ratio than NetApp, indicating that it is currently the more affordable of the two stocks.
Western Digital received 906 more outperform votes than NetApp when rated by MarketBeat users. Likewise, 74.16% of users gave Western Digital an outperform vote while only 53.94% of users gave NetApp an outperform vote.
92.2% of NetApp shares are held by institutional investors. Comparatively, 92.5% of Western Digital shares are held by institutional investors. 0.4% of NetApp shares are held by company insiders. Comparatively, 0.3% of Western Digital shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
NetApp has a net margin of 15.21% compared to NetApp's net margin of -12.87%. Western Digital's return on equity of 109.49% beat NetApp's return on equity.
In the previous week, Western Digital had 6 more articles in the media than NetApp. MarketBeat recorded 20 mentions for Western Digital and 14 mentions for NetApp. Western Digital's average media sentiment score of 0.82 beat NetApp's score of 0.79 indicating that NetApp is being referred to more favorably in the media.
NetApp currently has a consensus price target of $100.60, suggesting a potential downside of 8.93%. Western Digital has a consensus price target of $78.32, suggesting a potential upside of 8.62%. Given NetApp's stronger consensus rating and higher probable upside, analysts clearly believe Western Digital is more favorable than NetApp.
NetApp has a beta of 1.27, suggesting that its stock price is 27% more volatile than the S&P 500. Comparatively, Western Digital has a beta of 1.53, suggesting that its stock price is 53% more volatile than the S&P 500.
Summary
NetApp and Western Digital tied by winning 9 of the 18 factors compared between the two stocks.
Get Western Digital News Delivered to You Automatically
Sign up to receive the latest news and ratings for WDC and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding WDC 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 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.
Western Digital Competitors List
Related Companies and Tools
