NTAP vs. WDC, PSTG, HPE, ASX, TME, MSTR, PTC, VOD, IOT, and NOK
Should you be buying NetApp stock or one of its competitors? The main competitors of NetApp include Western Digital (WDC), Pure Storage (PSTG), Hewlett Packard Enterprise (HPE), ASE Technology (ASX), Tencent Music Entertainment Group (TME), MicroStrategy (MSTR), PTC (PTC), Vodafone Group Public (VOD), Samsara (IOT), and Nokia Oyj (NOK). These companies are all part of the "computer and technology" sector.
NetApp (NASDAQ:NTAP) and Western Digital (NASDAQ:WDC) are both large-cap computer and technology companies, but which is the superior stock? We will compare the two companies based on the strength of their analyst recommendations, media sentiment, earnings, profitability, valuation, risk, institutional ownership, community ranking and dividends.
NetApp currently has a consensus target price of $100.60, indicating a potential downside of 7.28%. Western Digital has a consensus target price of $77.76, indicating a potential upside of 8.61%. Given Western Digital's stronger consensus rating and higher possible upside, analysts clearly believe Western Digital is more favorable than NetApp.
Western Digital received 904 more outperform votes than NetApp when rated by MarketBeat users. Likewise, 74.14% of users gave Western Digital an outperform vote while only 53.94% of users gave NetApp an outperform vote.
NetApp has a net margin of 15.21% compared to Western Digital's net margin of -12.87%. NetApp's return on equity of 109.49% beat Western Digital's return on equity.
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.
92.2% of NetApp shares are owned by institutional investors. Comparatively, 92.5% of Western Digital shares are owned by institutional investors. 0.4% of NetApp shares are owned by insiders. Comparatively, 0.3% of Western Digital shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
In the previous week, Western Digital had 8 more articles in the media than NetApp. MarketBeat recorded 15 mentions for Western Digital and 7 mentions for NetApp. NetApp's average media sentiment score of 0.95 beat Western Digital's score of 0.45 indicating that NetApp is being referred to more favorably in the media.
NetApp has a beta of 1.27, meaning that its stock price is 27% more volatile than the S&P 500. Comparatively, Western Digital has a beta of 1.53, meaning that its stock price is 53% more volatile than the S&P 500.
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 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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