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NetApp (NTAP) Competitors

$115.67
+1.63 (+1.43%)
(As of 05/24/2024 ET)

NTAP vs. WDC, PSTG, HPE, ASX, IOT, GIB, TER, PTC, NOK, and NET

Should you be buying NetApp stock or one of its competitors? The main competitors of NetApp include Western Digital (WDC), Pure Storage (PSTG), Hewlett Packard Enterprise (HPE), ASE Technology (ASX), Samsara (IOT), CGI (GIB), Teradyne (TER), PTC (PTC), Nokia Oyj (NOK), and Cloudflare (NET). These companies are all part of the "computer and technology" sector.

NetApp vs.

NetApp (NASDAQ:NTAP) and Western Digital (NASDAQ:WDC) are both large-cap computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, dividends, valuation, analyst recommendations, community ranking, media sentiment, earnings, risk and institutional ownership.

In the previous week, NetApp had 5 more articles in the media than Western Digital. MarketBeat recorded 22 mentions for NetApp and 17 mentions for Western Digital. NetApp's average media sentiment score of 0.76 beat Western Digital's score of 0.63 indicating that NetApp is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
NetApp
8 Very Positive mention(s)
5 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Western Digital
9 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

NetApp has a beta of 1.27, indicating that its stock price is 27% more volatile than the S&P 500. Comparatively, Western Digital has a beta of 1.53, indicating that its stock price is 53% more volatile than the S&P 500.

NetApp has a net margin of 15.21% compared to Western Digital's net margin of -12.87%. NetApp's return on equity of 109.49% beat Western Digital's return on equity.

Company Net Margins Return on Equity Return on Assets
NetApp15.21% 109.49% 11.07%
Western Digital -12.87%-13.75%-5.86%

Western Digital received 905 more outperform votes than NetApp when rated by MarketBeat users. Likewise, 74.16% of users gave Western Digital an outperform vote while only 53.91% of users gave NetApp an outperform vote.

CompanyUnderperformOutperform
NetAppOutperform Votes
1124
53.91%
Underperform Votes
961
46.09%
Western DigitalOutperform Votes
2029
74.16%
Underperform Votes
707
25.84%

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NetApp$6.36B3.75$1.27B$4.4026.29
Western Digital$12.32B1.98-$1.71B-$4.97-15.05

92.2% of NetApp shares are owned by institutional investors. Comparatively, 92.5% of Western Digital shares are owned by institutional investors. 0.4% of NetApp shares are owned by insiders. Comparatively, 0.3% of Western Digital shares are owned 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 presently has a consensus target price of $104.73, suggesting a potential downside of 9.46%. Western Digital has a consensus target price of $78.32, suggesting a potential upside of 4.69%. Given Western Digital's stronger consensus rating and higher possible upside, analysts clearly believe Western Digital is more favorable than NetApp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NetApp
1 Sell rating(s)
10 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.25
Western Digital
0 Sell rating(s)
5 Hold rating(s)
18 Buy rating(s)
0 Strong Buy rating(s)
2.78

Summary

NetApp beats Western Digital on 10 of the 18 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$23.87B$17.59B$20.96B$8.06B
Dividend Yield1.75%2.36%2.71%3.93%
P/E Ratio26.29189.50244.1118.19
Price / Sales3.753.11528.5879.80
Price / Cash20.3645.0629.3831.61
Price / Book21.3412.796.494.60
Net Income$1.27B-$187.53M$620.59M$214.07M
7 Day Performance4.71%-1.28%-0.52%-1.08%
1 Month Performance15.60%12.70%3.79%3.20%
1 Year Performance74.60%64.65%29.20%7.84%

NetApp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
WDC
Western Digital
3.0454 of 5 stars
$74.01
+1.3%
$78.32
+5.8%
+100.9%$24.17B$12.32B-14.8953,000
PSTG
Pure Storage
3.7074 of 5 stars
$59.90
-0.4%
$51.63
-13.8%
+148.9%$19.46B$2.83B352.375,600Upcoming Earnings
Analyst Downgrade
HPE
Hewlett Packard Enterprise
4.4707 of 5 stars
$17.78
-0.1%
$17.91
+0.7%
+30.0%$23.11B$29.14B12.2662,000News Coverage
ASX
ASE Technology
3.7911 of 5 stars
$10.86
+0.1%
$7.84
-27.8%
+52.9%$23.80B$18.69B23.6092,894Positive News
IOT
Samsara
1.1637 of 5 stars
$40.95
-0.5%
$32.60
-20.4%
+104.8%$22.54B$937.39M-77.262,895Analyst Upgrade
Insider Selling
News Coverage
GIB
CGI
3.2462 of 5 stars
$105.19
+0.5%
$165.00
+56.9%
+3.1%$24.44B$10.60B20.2790,000Positive News
TER
Teradyne
4.8201 of 5 stars
$140.27
+0.5%
$121.42
-13.4%
+52.6%$21.90B$2.66B53.336,500Ex-Dividend
Analyst Forecast
Insider Selling
Options Volume
PTC
PTC
4.2291 of 5 stars
$182.67
-0.7%
$200.64
+9.8%
+40.4%$21.87B$2.10B76.437,231News Coverage
NOK
Nokia Oyj
2.1391 of 5 stars
$3.84
+0.5%
$4.42
+15.1%
-2.4%$21.60B$24.09B23.9786,689Gap Up
NET
Cloudflare
4.4957 of 5 stars
$74.38
-1.7%
$91.87
+23.5%
+31.9%$25.27B$1.30B-140.333,682Insider Selling

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This page (NASDAQ:NTAP) was last updated on 5/25/2024 by MarketBeat.com Staff

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