WDC vs. NTAP, SYNA, IMMR, IVAC, STX, PSTG, QMCO, INFY, DELL, and SNPS
Should you be buying Western Digital stock or one of its competitors? The main competitors of Western Digital include NetApp (NTAP), Synaptics (SYNA), Immersion (IMMR), Intevac (IVAC), Seagate Technology (STX), Pure Storage (PSTG), Quantum (QMCO), Infosys (INFY), Dell Technologies (DELL), and Synopsys (SNPS).
NetApp (NASDAQ:NTAP) and Western Digital (NASDAQ:WDC) 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 dividends, institutional ownership, profitability, media sentiment, analyst recommendations, community ranking, earnings, valuation and risk.
NetApp currently has a consensus target price of $117.81, indicating a potential downside of 6.18%. Western Digital has a consensus target price of $82.96, indicating a potential upside of 21.78%. Given NetApp's stronger consensus rating and higher possible upside, analysts plainly believe Western Digital is more favorable than NetApp.
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.
NetApp has a beta of 1.27, indicating that its share price is 27% more volatile than the S&P 500. Comparatively, Western Digital has a beta of 1.37, indicating that its share price is 37% more volatile than the S&P 500.
In the previous week, Western Digital had 21 more articles in the media than NetApp. MarketBeat recorded 28 mentions for Western Digital and 7 mentions for NetApp. Western Digital'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 media.
92.2% of NetApp shares are held by institutional investors. Comparatively, 92.5% of Western Digital shares are held by institutional investors. 0.4% of NetApp shares are held by insiders. Comparatively, 0.3% of Western Digital shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
NetApp has a net margin of 15.73% compared to NetApp's net margin of -12.87%. Western Digital's return on equity of 114.54% beat NetApp's return on equity.
Western Digital received 905 more outperform votes than NetApp when rated by MarketBeat users. Likewise, 74.09% of users gave Western Digital an outperform vote while only 53.86% of users gave NetApp an outperform vote.
Summary
NetApp and Western Digital 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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