WDC vs. NTAP, STX, PSTG, PINS, HPE, VOD, ASX, MSTR, GIB, and PTC
Should you be buying Western Digital stock or one of its competitors? The main competitors of Western Digital include NetApp (NTAP), Seagate Technology (STX), Pure Storage (PSTG), Pinterest (PINS), Hewlett Packard Enterprise (HPE), Vodafone Group Public (VOD), ASE Technology (ASX), MicroStrategy (MSTR), CGI (GIB), and PTC (PTC).
Western Digital (NASDAQ:WDC) and NetApp (NASDAQ:NTAP) are both large-cap computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their risk, media sentiment, institutional ownership, valuation, dividends, analyst recommendations, earnings, profitability and community ranking.
NetApp has a net margin of 15.21% compared to Western Digital's net margin of -19.90%. NetApp's return on equity of 109.49% beat Western Digital'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.
92.5% of Western Digital shares are held by institutional investors. Comparatively, 92.2% of NetApp shares are held by institutional investors. 0.3% of Western Digital shares are held by company insiders. Comparatively, 0.4% of NetApp shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Western Digital has a beta of 1.57, indicating that its stock price is 57% more volatile than the S&P 500. Comparatively, NetApp has a beta of 1.28, indicating that its stock price is 28% more volatile than the S&P 500.
In the previous week, Western Digital had 24 more articles in the media than NetApp. MarketBeat recorded 33 mentions for Western Digital and 9 mentions for NetApp. NetApp's average media sentiment score of 0.64 beat Western Digital's score of 0.56 indicating that NetApp is being referred to more favorably in the news media.
Western Digital currently has a consensus price target of $73.17, indicating a potential upside of 7.09%. NetApp has a consensus price target of $97.94, indicating a potential downside of 2.20%. Given Western Digital's stronger consensus rating and higher possible upside, equities analysts plainly believe Western Digital is more favorable than NetApp.
Western Digital received 897 more outperform votes than NetApp when rated by MarketBeat users. Likewise, 74.13% 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 WDC 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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