WDC vs. NTAP, SYNA, IMMR, IVAC, PSTG, STX, QMCO, ANET, PANW, and ABNB
Should you be buying Western Digital stock or one of its competitors? The main competitors of Western Digital include NetApp (NTAP), Synaptics (SYNA), Immersion (IMMR), Intevac (IVAC), Pure Storage (PSTG), Seagate Technology (STX), Quantum (QMCO), Arista Networks (ANET), Palo Alto Networks (PANW), and Airbnb (ABNB).
NetApp (NASDAQ:NTAP) and Western Digital (NASDAQ:WDC) are both large-cap computer and technology companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, risk, valuation, analyst recommendations, community ranking, media sentiment, earnings, dividends and profitability.
Western Digital received 903 more outperform votes than NetApp when rated by MarketBeat users. Likewise, 74.14% of users gave Western Digital an outperform vote while only 53.85% of users gave NetApp an outperform vote.
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.
NetApp has a net margin of 15.73% compared to NetApp's net margin of -12.87%. Western Digital's return on equity of 123.24% beat NetApp's return on equity.
NetApp presently has a consensus target price of $112.75, suggesting a potential downside of 6.38%. Western Digital has a consensus target price of $78.77, suggesting a potential upside of 4.63%. Given NetApp's stronger consensus rating and higher possible upside, analysts clearly believe Western Digital is more favorable than NetApp.
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 company insiders. Comparatively, 0.3% of Western Digital shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
In the previous week, NetApp had 35 more articles in the media than Western Digital. MarketBeat recorded 46 mentions for NetApp and 11 mentions for Western Digital. NetApp's average media sentiment score of 0.81 beat Western Digital's score of 0.72 indicating that Western Digital is being referred to more favorably in the news media.
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 WDC 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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