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NetApp (NTAP) Competitors

$126.15
+0.59 (+0.47%)
(As of 07/26/2024 ET)

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

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), Seagate Technology (STX), Pure Storage (PSTG), Quantum (QMCO), and KLA (KLAC).

NetApp vs.

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

NetApp received 345 more outperform votes than Hewlett Packard Enterprise when rated by MarketBeat users. However, 64.01% of users gave Hewlett Packard Enterprise an outperform vote while only 53.86% of users gave NetApp an outperform vote.

CompanyUnderperformOutperform
Hewlett Packard EnterpriseOutperform Votes
786
64.01%
Underperform Votes
442
35.99%
NetAppOutperform Votes
1131
53.86%
Underperform Votes
969
46.14%

80.8% of Hewlett Packard Enterprise shares are owned by institutional investors. Comparatively, 92.2% of NetApp shares are owned by institutional investors. 0.4% of Hewlett Packard Enterprise shares are owned by insiders. Comparatively, 0.4% of NetApp shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

In the previous week, Hewlett Packard Enterprise had 2 more articles in the media than NetApp. MarketBeat recorded 10 mentions for Hewlett Packard Enterprise and 8 mentions for NetApp. Hewlett Packard Enterprise's average media sentiment score of 1.47 beat NetApp's score of 0.67 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
5 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
NetApp
5 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Hewlett Packard Enterprise currently has a consensus price target of $21.08, indicating a potential upside of 6.70%. NetApp has a consensus price target of $117.81, indicating a potential downside of 6.61%. Given NetApp's stronger consensus rating and higher possible upside, 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)
8 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.33
NetApp
1 Sell rating(s)
11 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.24

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$29.14B0.88$2.03B$1.3714.42
NetApp$6.27B4.14$986M$4.6427.19

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 $2.08 per share and has a dividend yield of 1.6%. Hewlett Packard Enterprise pays out 38.0% of its earnings in the form of a dividend. NetApp pays out 44.8% 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 is clearly the better dividend stock, given its higher yield and lower payout ratio.

Hewlett Packard Enterprise has a beta of 1.19, suggesting that its share price is 19% more volatile than the S&P 500. Comparatively, NetApp has a beta of 1.27, suggesting that its share price is 27% more volatile than the S&P 500.

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%

Summary

NetApp beats Hewlett Packard Enterprise on 11 of the 20 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$25.96B$17.80B$22.17B$8.19B
Dividend Yield1.65%2.11%2.70%3.97%
P/E Ratio27.19117.67271.0318.66
Price / Sales4.143.22609.4791.54
Price / Cash19.4547.8531.7134.11
Price / Book22.6512.876.894.51
Net Income$986M-$245.80M$637.08M$216.36M
7 Day Performance-0.06%0.57%0.70%1.82%
1 Month Performance-2.23%-6.63%3.58%7.09%
1 Year Performance61.26%36.72%12.57%4.88%

NetApp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HPE
Hewlett Packard Enterprise
4.6448 of 5 stars
4.64 / 5 stars
$19.46
-2.9%
$21.08
+8.3%
+13.2%$25.29B$29.14B14.2062,000Short Interest ↓
News Coverage
WDC
Western Digital
4.2327 of 5 stars
4.23 / 5 stars
$66.49
-7.7%
$82.96
+24.8%
+75.6%$21.71B$11.91B-13.3853,000Upcoming Earnings
Analyst Revision
News Coverage
High Trading Volume
NTNX
Nutanix
4.8054 of 5 stars
4.81 / 5 stars
$49.35
+0.9%
$72.00
+45.9%
+61.9%$12.17B$1.86B-704.906,450Positive News
SYNA
Synaptics
1.7714 of 5 stars
1.77 / 5 stars
$87.49
-0.2%
$117.67
+34.5%
-0.8%$3.46B$1.36B-32.281,891Gap Up
IMMR
Immersion
1.7263 of 5 stars
1.73 / 5 stars
$13.10
-1.6%
$11.00
-16.0%
+95.5%$417.24M$33.92M9.5620Short Interest ↑
News Coverage
High Trading Volume
IVAC
Intevac
0 of 5 stars
0.00 / 5 stars
$3.67
-0.3%
N/A+3.9%$97.55M$52.67M-9.66170Analyst Upgrade
News Coverage
STX
Seagate Technology
4.1722 of 5 stars
4.17 / 5 stars
$103.96
-5.1%
$115.94
+11.5%
+78.9%$21.83B$6.55B-80.5933,400Earnings Report
Dividend Announcement
Analyst Forecast
Insider Selling
Analyst Revision
News Coverage
PSTG
Pure Storage
4.5797 of 5 stars
4.58 / 5 stars
$57.42
-1.5%
$69.11
+20.4%
+52.6%$18.67B$2.83B205.075,600
QMCO
Quantum
2.3815 of 5 stars
2.38 / 5 stars
$0.39
-7.1%
$1.15
+194.0%
-63.0%$37.49M$311.60M-0.95850News Coverage
Positive News
Gap Up
KLAC
KLA
4.7904 of 5 stars
4.79 / 5 stars
$762.81
+0.9%
$802.80
+5.2%
+72.0%$102.70B$10.50B39.9615,210Earnings Report
Analyst Downgrade
Short Interest ↓
News Coverage
Gap Up
High Trading Volume

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This page (NASDAQ:NTAP) was last updated on 7/27/2024 by MarketBeat.com Staff

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