NTAP vs. STX, PSTG, NOK, TME, PTC, CHKP, HPE, ENTG, UMC, and ZM
Should you be buying NetApp stock or one of its competitors? The main competitors of NetApp include Seagate Technology (STX), Pure Storage (PSTG), Nokia Oyj (NOK), Tencent Music Entertainment Group (TME), PTC (PTC), Check Point Software Technologies (CHKP), Hewlett Packard Enterprise (HPE), Entegris (ENTG), United Microelectronics (UMC), and Zoom Video Communications (ZM). These companies are all part of the "computer and technology" sector.
Seagate Technology (NASDAQ:STX) and NetApp (NASDAQ:NTAP) are both large-cap business services companies, but which is the better business? We will compare the two companies based on the strength of their dividends, analyst recommendations, valuation, profitability, earnings, media sentiment, institutional ownership, community ranking and risk.
Seagate Technology has a beta of 1.04, meaning that its stock price is 4% more volatile than the S&P 500. Comparatively, NetApp has a beta of 1.28, meaning that its stock price is 28% more volatile than the S&P 500.
92.9% of Seagate Technology shares are owned by institutional investors. Comparatively, 92.2% of NetApp shares are owned by institutional investors. 0.9% of Seagate Technology shares are owned by company insiders. Comparatively, 0.4% of NetApp shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
NetApp has lower revenue, but higher earnings than Seagate Technology. Seagate Technology is trading at a lower price-to-earnings ratio than NetApp, indicating that it is currently the more affordable of the two stocks.
In the previous week, Seagate Technology had 43 more articles in the media than NetApp. MarketBeat recorded 55 mentions for Seagate Technology and 12 mentions for NetApp. Seagate Technology's average media sentiment score of 0.77 beat NetApp's score of 0.49 indicating that NetApp is being referred to more favorably in the news media.
Seagate Technology pays an annual dividend of $2.80 per share and has a dividend yield of 3.3%. NetApp pays an annual dividend of $2.00 per share and has a dividend yield of 2.0%. Seagate Technology pays out -217.1% of its earnings in the form of a dividend. NetApp pays out 45.5% 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. Seagate Technology is clearly the better dividend stock, given its higher yield and lower payout ratio.
Seagate Technology received 47 more outperform votes than NetApp when rated by MarketBeat users. Likewise, 58.59% of users gave Seagate Technology an outperform vote while only 53.94% of users gave NetApp an outperform vote.
NetApp has a net margin of 15.21% compared to NetApp's net margin of -4.31%. Seagate Technology's return on equity of 109.49% beat NetApp's return on equity.
Seagate Technology currently has a consensus price target of $94.53, indicating a potential upside of 9.87%. NetApp has a consensus price target of $100.60, indicating a potential downside of 0.72%. Given NetApp's stronger consensus rating and higher probable upside, equities research analysts clearly believe Seagate Technology is more favorable than NetApp.
Summary
Seagate Technology beats NetApp on 11 of the 20 factors compared between the two stocks.
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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.
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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