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NetApp (NTAP) Competitors

$122.03
+1.05 (+0.87%)
(As of 10:49 AM ET)

NTAP vs. HPE, WDC, NTNX, SYNA, IMMR, IVAC, PSTG, STX, QMCO, and PANW

Should you be buying NetApp stock or one of its competitors? The main competitors of NetApp include Hewlett Packard Enterprise (HPE), Western Digital (WDC), Nutanix (NTNX), Synaptics (SYNA), Immersion (IMMR), Intevac (IVAC), Pure Storage (PSTG), Seagate Technology (STX), Quantum (QMCO), and Palo Alto Networks (PANW).

NetApp vs.

Hewlett Packard Enterprise (NYSE:HPE) and NetApp (NASDAQ:NTAP) are both large-cap computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, profitability, dividends, valuation, analyst recommendations, media sentiment, risk, earnings and community ranking.

Hewlett Packard Enterprise pays an annual dividend of $0.52 per share and has a dividend yield of 2.6%. NetApp pays an annual dividend of $2.00 per share and has a dividend yield of 1.7%. Hewlett Packard Enterprise pays out 38.0% of its earnings in the form of a dividend. NetApp pays out 43.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Hewlett Packard Enterprise has raised its dividend for 1 consecutive years. Hewlett Packard Enterprise is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

80.8% of Hewlett Packard Enterprise shares are held by institutional investors. Comparatively, 92.2% of NetApp shares are held by institutional investors. 0.4% of Hewlett Packard Enterprise shares are held by insiders. Comparatively, 0.4% of NetApp shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hewlett Packard Enterprise$29.14B0.89$2.03B$1.3714.62
NetApp$6.27B3.98$986M$4.6426.07

NetApp received 342 more outperform votes than Hewlett Packard Enterprise when rated by MarketBeat users. However, 64.11% of users gave Hewlett Packard Enterprise an outperform vote while only 53.87% of users gave NetApp an outperform vote.

CompanyUnderperformOutperform
Hewlett Packard EnterpriseOutperform Votes
786
64.11%
Underperform Votes
440
35.89%
NetAppOutperform Votes
1128
53.87%
Underperform Votes
966
46.13%

Hewlett Packard Enterprise presently has a consensus target price of $20.69, indicating a potential upside of 3.31%. NetApp has a consensus target price of $113.38, indicating a potential downside of 6.29%. Given NetApp's stronger consensus rating and higher possible upside, research analysts plainly believe Hewlett Packard Enterprise is more favorable than NetApp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hewlett Packard Enterprise
0 Sell rating(s)
9 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.31
NetApp
1 Sell rating(s)
11 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.24

In the previous week, Hewlett Packard Enterprise had 53 more articles in the media than NetApp. MarketBeat recorded 71 mentions for Hewlett Packard Enterprise and 18 mentions for NetApp. Hewlett Packard Enterprise's average media sentiment score of 0.86 beat NetApp's score of 0.76 indicating that NetApp is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Hewlett Packard Enterprise
24 Very Positive mention(s)
7 Positive mention(s)
23 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
NetApp
9 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

NetApp has a net margin of 15.73% compared to NetApp's net margin of 6.38%. Hewlett Packard Enterprise's return on equity of 114.54% beat NetApp's return on equity.

Company Net Margins Return on Equity Return on Assets
Hewlett Packard Enterprise6.38% 8.49% 3.12%
NetApp 15.73%114.54%11.52%

Hewlett Packard Enterprise has a beta of 1.18, indicating that its stock price is 18% more volatile than the S&P 500. Comparatively, NetApp has a beta of 1.25, indicating that its stock price is 25% more volatile than the S&P 500.

Summary

NetApp beats Hewlett Packard Enterprise on 11 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NTAP and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

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.
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NTAP vs. The Competition

MetricNetAppComputer storage devices IndustryComputer SectorNASDAQ Exchange
Market Cap$24.97B$18.16B$22.57B$8.17B
Dividend Yield1.65%2.28%2.74%4.05%
P/E Ratio26.07129.00242.7918.10
Price / Sales3.983.25533.6877.66
Price / Cash18.7746.5531.1630.66
Price / Book21.8013.126.914.32
Net Income$986M-$245.13M$636.65M$216.21M
7 Day Performance0.46%2.59%-0.19%-1.44%
1 Month Performance11.83%6.33%0.19%-0.97%
1 Year Performance73.55%50.00%12.71%4.10%

NetApp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HPE
Hewlett Packard Enterprise
4.6643 of 5 stars
$19.59
+0.6%
$20.25
+3.4%
+26.9%$25.47B$28.31B14.3062,000Earnings Report
Dividend Announcement
Analyst Upgrade
WDC
Western Digital
2.9338 of 5 stars
$75.25
-2.1%
$79.70
+5.9%
+88.5%$24.57B$12.32B-15.1453,000
NTNX
Nutanix
4.8726 of 5 stars
$52.34
-1.9%
$72.77
+39.0%
+75.9%$12.79B$2.10B-747.616,450Positive News
SYNA
Synaptics
1.5644 of 5 stars
$94.83
-0.7%
$117.67
+24.1%
+13.1%$3.77B$939.30M-34.991,891Positive News
IMMR
Immersion
3.2448 of 5 stars
$10.23
+2.1%
$11.00
+7.5%
+23.9%$325.88M$70.69M7.4714Dividend Announcement
IVAC
Intevac
0 of 5 stars
$3.84
-0.8%
N/A-7.7%$102.07M$52.67M-10.11126Gap Up
PSTG
Pure Storage
3.8646 of 5 stars
$64.05
+0.9%
$66.15
+3.3%
+83.6%$20.81B$2.93B228.755,600Positive News
STX
Seagate Technology
3.6791 of 5 stars
$96.00
-0.6%
$98.29
+2.4%
+57.8%$20.16B$6.27B-74.4233,400Positive News
QMCO
Quantum
0.9066 of 5 stars
$0.48
+2.1%
$1.43
+198.5%
-53.5%$45.63M$412.75M-1.17850Upcoming Earnings
News Coverage
Gap Down
PANW
Palo Alto Networks
4.5901 of 5 stars
$295.93
+0.2%
$322.78
+9.1%
+37.2%$95.82B$7.79B43.0113,948Positive News

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This page (NASDAQ:NTAP) was last updated on 6/10/2024 by MarketBeat.com Staff

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