HPE vs. SNX, OKTA, PINS, SWKS, NET, HUBS, GRMN, WAT, ERIC, and SNAP
Should you be buying Hewlett Packard Enterprise stock or one of its competitors? The main competitors of Hewlett Packard Enterprise include TD SYNNEX (SNX), Okta (OKTA), Pinterest (PINS), Skyworks Solutions (SWKS), Cloudflare (NET), HubSpot (HUBS), Garmin (GRMN), Waters (WAT), Telefonaktiebolaget LM Ericsson (publ) (ERIC), and Snap (SNAP). These companies are all part of the "computer and technology" sector.
Hewlett Packard Enterprise vs.
Hewlett Packard Enterprise (NYSE:HPE) and TD SYNNEX (NYSE:SNX) are both computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their valuation, dividends, profitability, institutional ownership, risk, analyst recommendations, earnings, media sentiment and community ranking.
Hewlett Packard Enterprise pays an annual dividend of $0.48 per share and has a dividend yield of 3.4%. TD SYNNEX pays an annual dividend of $1.40 per share and has a dividend yield of 1.5%. Hewlett Packard Enterprise pays out 73.8% of its earnings in the form of a dividend. TD SYNNEX pays out 20.6% 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 has a net margin of 2.92% compared to TD SYNNEX's net margin of 1.04%. TD SYNNEX's return on equity of 14.08% beat Hewlett Packard Enterprise's return on equity.
81.4% of Hewlett Packard Enterprise shares are owned by institutional investors. Comparatively, 84.7% of TD SYNNEX shares are owned by institutional investors. 0.5% of Hewlett Packard Enterprise shares are owned by insiders. Comparatively, 1.7% of TD SYNNEX shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
In the previous week, Hewlett Packard Enterprise had 16 more articles in the media than TD SYNNEX. MarketBeat recorded 23 mentions for Hewlett Packard Enterprise and 7 mentions for TD SYNNEX. TD SYNNEX's average media sentiment score of 0.56 beat Hewlett Packard Enterprise's score of 0.35 indicating that TD SYNNEX is being referred to more favorably in the news media.
Hewlett Packard Enterprise has a beta of 1.23, meaning that its stock price is 23% more volatile than the S&P 500. Comparatively, TD SYNNEX has a beta of 1.65, meaning that its stock price is 65% more volatile than the S&P 500.
Hewlett Packard Enterprise received 198 more outperform votes than TD SYNNEX when rated by MarketBeat users. Likewise, 65.45% of users gave Hewlett Packard Enterprise an outperform vote while only 63.60% of users gave TD SYNNEX an outperform vote.
Hewlett Packard Enterprise presently has a consensus target price of $16.77, indicating a potential upside of 17.84%. TD SYNNEX has a consensus target price of $122.00, indicating a potential upside of 33.01%. Given TD SYNNEX's stronger consensus rating and higher possible upside, analysts clearly believe TD SYNNEX is more favorable than Hewlett Packard Enterprise.
Hewlett Packard Enterprise has higher earnings, but lower revenue than TD SYNNEX. TD SYNNEX is trading at a lower price-to-earnings ratio than Hewlett Packard Enterprise, indicating that it is currently the more affordable of the two stocks.
Summary
TD SYNNEX beats Hewlett Packard Enterprise on 12 of the 20 factors compared between the two stocks.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding HPE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NYSE 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.
Hewlett Packard Enterprise Competitors List
