NTAP vs. WDC, PSTG, PTC, TME, NOK, ASX, HPE, ENTG, TYL, and PINS
Should you be buying NetApp stock or one of its competitors? The main competitors of NetApp include Western Digital (WDC), Pure Storage (PSTG), PTC (PTC), Tencent Music Entertainment Group (TME), Nokia Oyj (NOK), ASE Technology (ASX), Hewlett Packard Enterprise (HPE), Entegris (ENTG), Tyler Technologies (TYL), and Pinterest (PINS). These companies are all part of the "computer and technology" sector.
Western Digital (NASDAQ:WDC) and NetApp (NASDAQ:NTAP) are both large-cap computer and technology companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, profitability, valuation, community ranking, risk, institutional ownership, earnings, analyst recommendations and media sentiment.
In the previous week, Western Digital had 16 more articles in the media than NetApp. MarketBeat recorded 27 mentions for Western Digital and 11 mentions for NetApp. Western Digital's average media sentiment score of 0.97 beat NetApp's score of 0.63 indicating that NetApp is being referred to more favorably in the news media.
92.5% of Western Digital shares are owned by institutional investors. Comparatively, 92.2% of NetApp shares are owned by institutional investors. 0.3% of Western Digital shares are owned by company insiders. Comparatively, 0.4% of NetApp shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock 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.
NetApp has lower revenue, but higher earnings 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 currently has a consensus target price of $77.76, suggesting a potential upside of 9.60%. NetApp has a consensus target price of $100.60, suggesting a potential downside of 3.86%. Given NetApp's stronger consensus rating and higher possible upside, equities research analysts clearly believe Western Digital is more favorable than NetApp.
Western Digital has a beta of 1.53, indicating that its share price is 53% more volatile than the S&P 500. Comparatively, NetApp has a beta of 1.27, indicating that its share price is 27% more volatile than the S&P 500.
Western Digital received 904 more outperform votes than NetApp when rated by MarketBeat users. Likewise, 74.14% of users gave Western Digital an outperform vote while only 53.94% of users gave NetApp an outperform vote.
Summary
Western Digital and NetApp tied by winning 9 of the 18 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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