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NetApp (NTAP) Competitors

$120.43
+3.93 (+3.37%)
(As of 05/31/2024 ET)

NTAP vs. HPE, WDC, NTNX, SYNA, IMMR, IVAC, PSTG, STX, QMCO, and ANET

Should you be buying NetApp stock or one of its competitors? The main competitors of NetApp include Hewlett Packard Enterprise (HPE), Western Digital (WDC), Nutanix (NTNX), Synaptics (SYNA), Immersion (IMMR), Intevac (IVAC), Pure Storage (PSTG), Seagate Technology (STX), Quantum (QMCO), and Arista Networks (ANET).

NetApp vs.

Hewlett Packard Enterprise (NYSE:HPE) and NetApp (NASDAQ:NTAP) are both large-cap computer and technology companies, but which is the better investment? We will contrast the two businesses based on the strength of their risk, profitability, media sentiment, valuation, community ranking, dividends, earnings, institutional ownership and analyst recommendations.

Hewlett Packard Enterprise pays an annual dividend of $0.52 per share and has a dividend yield of 2.9%. NetApp pays an annual dividend of $2.00 per share and has a dividend yield of 1.7%. Hewlett Packard Enterprise pays out 35.9% of its earnings in the form of a dividend. NetApp pays out 43.1% 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 raised its dividend for 1 consecutive years. Hewlett Packard Enterprise is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Hewlett Packard Enterprise has higher revenue and earnings than NetApp. Hewlett Packard Enterprise 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
Hewlett Packard Enterprise$29.14B0.79$2.03B$1.4512.17
NetApp$6.27B3.97$1.27B$4.6425.95

Hewlett Packard Enterprise presently has a consensus price target of $18.20, suggesting a potential upside of 3.12%. NetApp has a consensus price target of $112.75, suggesting a potential downside of 6.38%. Given NetApp's stronger consensus rating and higher possible upside, research analysts plainly believe Hewlett Packard Enterprise is more favorable than NetApp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hewlett Packard Enterprise
0 Sell rating(s)
7 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.30
NetApp
1 Sell rating(s)
11 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.24

NetApp has a net margin of 15.73% compared to NetApp's net margin of 6.81%. Hewlett Packard Enterprise's return on equity of 123.24% beat NetApp's return on equity.

Company Net Margins Return on Equity Return on Assets
Hewlett Packard Enterprise6.81% 9.12% 3.36%
NetApp 15.73%123.24%11.73%

NetApp received 344 more outperform votes than Hewlett Packard Enterprise when rated by MarketBeat users. However, 64.44% of users gave Hewlett Packard Enterprise an outperform vote while only 53.85% of users gave NetApp an outperform vote.

CompanyUnderperformOutperform
Hewlett Packard EnterpriseOutperform Votes
783
64.44%
Underperform Votes
432
35.56%
NetAppOutperform Votes
1127
53.85%
Underperform Votes
966
46.15%

In the previous week, NetApp had 28 more articles in the media than Hewlett Packard Enterprise. MarketBeat recorded 46 mentions for NetApp and 18 mentions for Hewlett Packard Enterprise. Hewlett Packard Enterprise's average media sentiment score of 0.72 beat NetApp's score of 0.69 indicating that NetApp is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Hewlett Packard Enterprise
8 Very Positive mention(s)
1 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
NetApp
10 Very Positive mention(s)
5 Positive mention(s)
15 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Hewlett Packard Enterprise has a beta of 1.2, meaning that its share price is 20% more volatile than the S&P 500. Comparatively, NetApp has a beta of 1.27, meaning that its share price is 27% more volatile than the S&P 500.

80.8% of Hewlett Packard Enterprise shares are held by institutional investors. Comparatively, 92.2% of NetApp shares are held by institutional investors. 0.4% of Hewlett Packard Enterprise shares are held by company insiders. Comparatively, 0.4% of NetApp shares are held by company 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.

Summary

NetApp beats Hewlett Packard Enterprise on 12 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

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.
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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.
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NTAP vs. The Competition

MetricNetAppComputer storage devices IndustryComputer SectorNASDAQ Exchange
Market Cap$24.85B$17.73B$21.46B$7.96B
Dividend Yield1.72%2.35%2.70%4.01%
P/E Ratio25.95120.64240.3218.57
Price / Sales3.973.22537.8491.65
Price / Cash20.7946.1930.6831.51
Price / Book22.2212.976.504.59
Net Income$1.27B-$187.53M$629.81M$213.90M
7 Day Performance4.12%0.45%-0.69%0.87%
1 Month Performance19.25%9.96%2.80%3.60%
1 Year Performance67.36%45.36%27.68%7.91%

NetApp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HPE
Hewlett Packard Enterprise
4.4371 of 5 stars
$18.50
+1.8%
$17.91
-3.2%
+20.3%$24.05B$29.14B12.7662,000Upcoming Earnings
Options Volume
Gap Down
High Trading Volume
WDC
Western Digital
3.0456 of 5 stars
$75.51
-2.5%
$78.32
+3.7%
+93.2%$24.66B$11.91B-15.1953,000Analyst Forecast
NTNX
Nutanix
4.589 of 5 stars
$56.36
-23.1%
$69.15
+22.7%
+85.2%$13.77B$1.86B-156.566,450Analyst Forecast
Short Interest ↑
News Coverage
High Trading Volume
SYNA
Synaptics
1.7921 of 5 stars
$93.72
+2.8%
$117.67
+25.6%
+11.8%$3.70B$1.36B-34.581,891Positive News
IMMR
Immersion
3.4786 of 5 stars
$10.02
+0.9%
$11.00
+9.8%
+35.5%$319.14M$33.92M7.3114Short Interest ↓
IVAC
Intevac
0 of 5 stars
$3.83
+3.2%
N/A-15.8%$101.80M$52.67M-10.08126Analyst Upgrade
News Coverage
Positive News
PSTG
Pure Storage
3.7799 of 5 stars
$63.28
+0.4%
$53.32
-15.7%
+75.8%$20.56B$2.83B372.265,600Analyst Forecast
News Coverage
STX
Seagate Technology
3.6205 of 5 stars
$93.71
-0.6%
$95.50
+1.9%
+52.1%$19.68B$7.38B-72.6433,400Analyst Forecast
QMCO
Quantum
1.5475 of 5 stars
$0.46
+2.2%
$1.43
+214.3%
-61.7%$43.34M$412.75M-1.11850Short Interest ↑
Gap Up
ANET
Arista Networks
4.1907 of 5 stars
$303.60
-1.5%
$295.22
-2.8%
+78.6%$95.14B$5.86B42.284,023Short Interest ↑

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This page (NASDAQ:NTAP) was last updated on 6/2/2024 by MarketBeat.com Staff

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