PSTG vs. NTAP, WDC, ERIC, GDDY, ZM, ENTG, VRSN, TER, CHKP, and NTNX
Should you be buying Pure Storage stock or one of its competitors? The main competitors of Pure Storage include NetApp (NTAP), Western Digital (WDC), Telefonaktiebolaget LM Ericsson (publ) (ERIC), GoDaddy (GDDY), Zoom Video Communications (ZM), Entegris (ENTG), VeriSign (VRSN), Teradyne (TER), Check Point Software Technologies (CHKP), and Nutanix (NTNX). These companies are all part of the "computer and technology" sector.
Pure Storage (NYSE:PSTG) and NetApp (NASDAQ:NTAP) are both large-cap computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their media sentiment, dividends, profitability, community ranking, risk, analyst recommendations, valuation, earnings and institutional ownership.
In the previous week, Pure Storage had 1 more articles in the media than NetApp. MarketBeat recorded 15 mentions for Pure Storage and 14 mentions for NetApp. Pure Storage's average media sentiment score of 0.77 beat NetApp's score of 0.74 indicating that Pure Storage is being referred to more favorably in the media.
Pure Storage presently has a consensus target price of $51.63, suggesting a potential downside of 14.10%. NetApp has a consensus target price of $100.60, suggesting a potential downside of 9.69%. Given NetApp's higher probable upside, analysts plainly believe NetApp is more favorable than Pure Storage.
NetApp has a net margin of 15.21% compared to Pure Storage's net margin of 2.17%. NetApp's return on equity of 109.49% beat Pure Storage's return on equity.
83.4% of Pure Storage shares are owned by institutional investors. Comparatively, 92.2% of NetApp shares are owned by institutional investors. 6.0% of Pure Storage shares are owned by company insiders. Comparatively, 0.4% of NetApp shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Pure Storage has a beta of 1.15, suggesting that its share price is 15% more volatile than the S&P 500. Comparatively, NetApp has a beta of 1.27, suggesting that its share price is 27% more volatile than the S&P 500.
NetApp has higher revenue and earnings than Pure Storage. NetApp is trading at a lower price-to-earnings ratio than Pure Storage, indicating that it is currently the more affordable of the two stocks.
NetApp received 398 more outperform votes than Pure Storage when rated by MarketBeat users. However, 71.36% of users gave Pure Storage an outperform vote while only 53.94% of users gave NetApp an outperform vote.
Summary
NetApp beats Pure Storage on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding PSTG 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 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.
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