PSTG vs. NTAP, WDC, ZM, ERIC, ENTG, GDDY, TYL, NTNX, UMC, and VRSN
Should you be buying Pure Storage stock or one of its competitors? The main competitors of Pure Storage include NetApp (NTAP), Western Digital (WDC), Zoom Video Communications (ZM), Telefonaktiebolaget LM Ericsson (publ) (ERIC), Entegris (ENTG), GoDaddy (GDDY), Tyler Technologies (TYL), Nutanix (NTNX), United Microelectronics (UMC), and VeriSign (VRSN). These companies are all part of the "computer and technology" sector.
NetApp (NASDAQ:NTAP) and Pure Storage (NYSE:PSTG) are both large-cap computer and technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their profitability, valuation, risk, dividends, institutional ownership, media sentiment, community ranking, analyst recommendations and earnings.
NetApp presently has a consensus price target of $104.73, indicating a potential downside of 10.83%. Pure Storage has a consensus price target of $52.26, indicating a potential downside of 16.07%. Given Pure Storage's higher possible upside, equities research analysts clearly believe NetApp is more favorable than Pure Storage.
NetApp has higher revenue and earnings than Pure Storage. NetApp is trading at a lower price-to-earnings ratio than Pure Storage, indicating that it is currently the more affordable of the two stocks.
NetApp received 398 more outperform votes than Pure Storage when rated by MarketBeat users. However, 71.32% of users gave Pure Storage an outperform vote while only 53.91% of users gave NetApp an outperform vote.
In the previous week, NetApp had 13 more articles in the media than Pure Storage. MarketBeat recorded 27 mentions for NetApp and 14 mentions for Pure Storage. Pure Storage's average media sentiment score of 0.77 beat NetApp's score of 0.57 indicating that NetApp is being referred to more favorably in the media.
92.2% of NetApp shares are owned by institutional investors. Comparatively, 83.4% of Pure Storage shares are owned by institutional investors. 0.4% of NetApp shares are owned by insiders. Comparatively, 6.0% of Pure Storage shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
NetApp has a net margin of 15.21% compared to NetApp's net margin of 2.17%. Pure Storage's return on equity of 109.49% beat NetApp's return on equity.
NetApp has a beta of 1.27, indicating that its stock price is 27% more volatile than the S&P 500. Comparatively, Pure Storage has a beta of 1.15, indicating that its stock price is 15% more volatile than the S&P 500.
Summary
NetApp beats Pure Storage on 12 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding PSTG 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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