QQQ   347.99 (-0.57%)
AAPL   177.25 (-0.03%)
MSFT   328.39 (-0.85%)
META   264.72 (+0.84%)
GOOGL   122.87 (-0.65%)
AMZN   120.58 (-0.89%)
TSLA   203.93 (+1.38%)
NVDA   378.34 (-5.68%)
NIO   7.53 (+1.62%)
BABA   79.58 (+1.16%)
AMD   118.21 (-5.64%)
T   15.73 (+0.58%)
F   12.00 (-4.69%)
MU   68.20 (-4.87%)
CGC   0.84 (-2.34%)
GE   101.53 (-0.86%)
DIS   87.96 (+0.16%)
AMC   4.51 (-2.59%)
PFE   38.02 (+2.73%)
PYPL   61.99 (-0.10%)
NFLX   395.23 (+0.57%)
QQQ   347.99 (-0.57%)
AAPL   177.25 (-0.03%)
MSFT   328.39 (-0.85%)
META   264.72 (+0.84%)
GOOGL   122.87 (-0.65%)
AMZN   120.58 (-0.89%)
TSLA   203.93 (+1.38%)
NVDA   378.34 (-5.68%)
NIO   7.53 (+1.62%)
BABA   79.58 (+1.16%)
AMD   118.21 (-5.64%)
T   15.73 (+0.58%)
F   12.00 (-4.69%)
MU   68.20 (-4.87%)
CGC   0.84 (-2.34%)
GE   101.53 (-0.86%)
DIS   87.96 (+0.16%)
AMC   4.51 (-2.59%)
PFE   38.02 (+2.73%)
PYPL   61.99 (-0.10%)
NFLX   395.23 (+0.57%)
QQQ   347.99 (-0.57%)
AAPL   177.25 (-0.03%)
MSFT   328.39 (-0.85%)
META   264.72 (+0.84%)
GOOGL   122.87 (-0.65%)
AMZN   120.58 (-0.89%)
TSLA   203.93 (+1.38%)
NVDA   378.34 (-5.68%)
NIO   7.53 (+1.62%)
BABA   79.58 (+1.16%)
AMD   118.21 (-5.64%)
T   15.73 (+0.58%)
F   12.00 (-4.69%)
MU   68.20 (-4.87%)
CGC   0.84 (-2.34%)
GE   101.53 (-0.86%)
DIS   87.96 (+0.16%)
AMC   4.51 (-2.59%)
PFE   38.02 (+2.73%)
PYPL   61.99 (-0.10%)
NFLX   395.23 (+0.57%)
QQQ   347.99 (-0.57%)
AAPL   177.25 (-0.03%)
MSFT   328.39 (-0.85%)
META   264.72 (+0.84%)
GOOGL   122.87 (-0.65%)
AMZN   120.58 (-0.89%)
TSLA   203.93 (+1.38%)
NVDA   378.34 (-5.68%)
NIO   7.53 (+1.62%)
BABA   79.58 (+1.16%)
AMD   118.21 (-5.64%)
T   15.73 (+0.58%)
F   12.00 (-4.69%)
MU   68.20 (-4.87%)
CGC   0.84 (-2.34%)
GE   101.53 (-0.86%)
DIS   87.96 (+0.16%)
AMC   4.51 (-2.59%)
PFE   38.02 (+2.73%)
PYPL   61.99 (-0.10%)
NFLX   395.23 (+0.57%)
NASDAQ:WDC

Western Digital (WDC) Competitors

$38.73
-1.22 (-3.05%)
(As of 05/31/2023 ET)
Compare
Today's Range
$38.40
$39.23
50-Day Range
$32.09
$39.95
52-Week Range
$29.73
$63.00
Volume
7.61 million shs
Average Volume
4.37 million shs
Market Capitalization
$12.39 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$46.67

WDC vs. NTAP, PSTG, NICE, TRMB, TME, DOX, JBL, GDDY, BSY, and LSCC

Should you be buying Western Digital stock or one of its competitors? The main competitors of Western Digital include NetApp (NTAP), Pure Storage (PSTG), NICE (NICE), Trimble (TRMB), Tencent Music Entertainment Group (TME), Amdocs (DOX), Jabil (JBL), GoDaddy (GDDY), Bentley Systems (BSY), and Lattice Semiconductor (LSCC). These companies are all part of the "computer and technology" sector.

Western Digital vs.

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 community ranking, valuation, institutional ownership, analyst recommendations, dividends, earnings, profitability, risk and media sentiment.

Western Digital has higher revenue and earnings than NetApp. 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$6.32 billion2.28$937 million$5.8111.61
Western Digital$14.17 billion0.87$1.50 billion-$2.19-17.67

NetApp currently has a consensus target price of $74.24, indicating a potential upside of 10.03%. Western Digital has a consensus target price of $46.67, indicating a potential upside of 20.59%. Given Western Digital's stronger consensus rating and higher probable upside, analysts clearly believe Western Digital is more favorable than NetApp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NetApp
3 Sell rating(s)
10 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.27
Western Digital
2 Sell rating(s)
7 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.35

In the previous week, NetApp had 4 more articles in the media than Western Digital. MarketBeat recorded 15 mentions for NetApp and 11 mentions for Western Digital. Western Digital's average media sentiment score of 1.00 beat NetApp's score of 0.19 indicating that Western Digital is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
NetApp
2 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Neutral
Western Digital
6 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Western Digital received 887 more outperform votes than NetApp when rated by MarketBeat users. Likewise, 74.45% of users gave Western Digital an outperform vote while only 54.48% of users gave NetApp an outperform vote.

CompanyUnderperformOutperform
NetAppOutperform Votes
1106
54.48%
Underperform Votes
924
45.52%
Western DigitalOutperform Votes
1993
74.45%
Underperform Votes
684
25.55%

NetApp has a beta of 1.2, suggesting that its share price is 20% more volatile than the S&P 500. Comparatively, Western Digital has a beta of 1.69, suggesting that its share price is 69% more volatile than the S&P 500.

NetApp has a net margin of 19.93% compared to Western Digital's net margin of -4.87%. NetApp's return on equity of 103.19% beat Western Digital's return on equity.

Company Net Margins Return on Equity Return on Assets
NetApp 19.93% 103.19% 10.04%
Western Digital -4.87% -1.90% -0.89%

87.9% of NetApp shares are owned by institutional investors. Comparatively, 85.5% of Western Digital shares are owned by institutional investors. 0.3% of NetApp shares are owned by insiders. Comparatively, 0.2% 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 pays an annual dividend of $2.00 per share and has a dividend yield of 3.0%. Western Digital pays an annual dividend of $2.00 per share and has a dividend yield of 5.2%. NetApp pays out 34.4% of its earnings in the form of a dividend. Western Digital pays out -91.3% 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. Western Digital is clearly the better dividend stock, given its higher yield and lower payout ratio.

Summary

NetApp and Western Digital tied by winning 10 of the 20 factors compared between the two stocks.


New MarketBeat Followers Over Time

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.
Skip Chart

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.
Skip Chart

WDC vs. The Competition

MetricWestern DigitalComputer storage devices IndustryComputer SectorNASDAQ Exchange
Market Cap$12.38B$8.01B$14.87B$6.13B
Dividend YieldN/A3.68%4.60%6.17%
P/E Ratio-17.6737.97309.6511.30
Price / Sales0.871.55861.2285.75
Price / Cash3.8315.6326.21107.35
Price / Book1.079.2817.207.10
Net Income$1.50B$825.36M$527.34M$193.32M
7 Day Performance3.95%5.63%0.69%-0.93%
1 Month Performance12.37%11.87%3.63%1.01%
1 Year Performance-36.23%-18.68%-5.21%-0.93%

Western Digital Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NTAP
NetApp
2.5647 of 5 stars
$66.46
-1.0%
$74.24
+11.7%
-5.4%$14.22B$6.32B11.4412,000Gap Down
PSTG
Pure Storage
3.1997 of 5 stars
$24.52
-1.3%
$37.11
+51.4%
+20.6%$7.55B$2.75B116.765,100Analyst Upgrade
Analyst Revision
News Coverage
NICE
NICE
2.1297 of 5 stars
$190.31
-2.2%
$252.25
+32.5%
-3.0%$12.11B$2.18B44.477,926Analyst Report
TRMB
Trimble
2.4291 of 5 stars
$47.53
-2.2%
$59.00
+24.1%
-31.4%$11.78B$3.68B25.4211,825
TME
Tencent Music Entertainment Group
3.0756 of 5 stars
$7.37
-3.5%
$9.14
+24.1%
+69.3%$12.49B$4.11B18.905,805Positive News
DOX
Amdocs
2.5659 of 5 stars
$94.27
-0.3%
$102.50
+8.7%
+10.1%$11.39B$4.58B21.4730,288Short Interest ↑
JBL
Jabil
2.3488 of 5 stars
$85.24
+0.8%
$92.20
+8.2%
+47.2%$11.31B$33.48B12.35250,000Positive News
GDDY
GoDaddy
2.8312 of 5 stars
$72.38
-0.3%
$93.10
+28.6%
-3.7%$11.18B$4.09B34.636,910
BSY
Bentley Systems
2.264 of 5 stars
$46.38
-1.1%
$50.78
+9.5%
+42.8%$13.07B$1.10B90.945,000Dividend Announcement
Positive News
LSCC
Lattice Semiconductor
2.2243 of 5 stars
$80.56
-4.1%
$90.18
+11.9%
+61.2%$11.09B$660.36M56.73856

Related Companies and Tools

This page (NASDAQ:WDC) was last updated on 5/31/2023 by MarketBeat.com Staff

My Account -