NTAP vs. STX, PSTG, NOK, TME, PTC, CHKP, HPE, ENTG, UMC, and ZM
Should you be buying NetApp stock or one of its competitors? The main competitors of NetApp include Seagate Technology (STX), Pure Storage (PSTG), Nokia Oyj (NOK), Tencent Music Entertainment Group (TME), PTC (PTC), Check Point Software Technologies (CHKP), Hewlett Packard Enterprise (HPE), Entegris (ENTG), United Microelectronics (UMC), and Zoom Video Communications (ZM). These companies are all part of the "computer and technology" sector.
NetApp (NASDAQ:NTAP) and Seagate Technology (NASDAQ:STX) are both large-cap computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, media sentiment, valuation, risk, dividends, analyst recommendations, institutional ownership, earnings and community ranking.
NetApp has higher earnings, but lower revenue than Seagate Technology. Seagate Technology is trading at a lower price-to-earnings ratio than NetApp, indicating that it is currently the more affordable of the two stocks.
Seagate Technology received 47 more outperform votes than NetApp when rated by MarketBeat users. Likewise, 58.59% of users gave Seagate Technology an outperform vote while only 53.94% of users gave NetApp an outperform vote.
In the previous week, Seagate Technology had 47 more articles in the media than NetApp. MarketBeat recorded 58 mentions for Seagate Technology and 11 mentions for NetApp. NetApp's average media sentiment score of 0.68 beat Seagate Technology's score of 0.53 indicating that NetApp is being referred to more favorably in the media.
92.2% of NetApp shares are held by institutional investors. Comparatively, 92.9% of Seagate Technology shares are held by institutional investors. 0.4% of NetApp shares are held by insiders. Comparatively, 0.9% of Seagate Technology shares are held 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.
NetApp has a beta of 1.28, indicating that its stock price is 28% more volatile than the S&P 500. Comparatively, Seagate Technology has a beta of 1.04, indicating that its stock price is 4% more volatile than the S&P 500.
NetApp pays an annual dividend of $2.00 per share and has a dividend yield of 2.0%. Seagate Technology pays an annual dividend of $2.80 per share and has a dividend yield of 3.3%. NetApp pays out 45.5% of its earnings in the form of a dividend. Seagate Technology pays out -217.1% 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. Seagate Technology is clearly the better dividend stock, given its higher yield and lower payout ratio.
NetApp has a net margin of 15.21% compared to Seagate Technology's net margin of -4.31%. NetApp's return on equity of 109.49% beat Seagate Technology's return on equity.
NetApp presently has a consensus target price of $100.60, suggesting a potential downside of 1.85%. Seagate Technology has a consensus target price of $94.53, suggesting a potential upside of 10.37%. Given Seagate Technology's stronger consensus rating and higher probable upside, analysts clearly believe Seagate Technology is more favorable than NetApp.
Summary
Seagate Technology beats NetApp on 11 of the 20 factors compared between the two stocks.
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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.
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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