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NetApp (NTAP) Competitors

NetApp logo
$118.84 +0.76 (+0.64%)
(As of 12/24/2024 05:10 PM ET)

NTAP vs. WDC, SYNA, IMMR, IVAC, PSTG, STX, QMCO, LRCX, INFY, and CRWD

Should you be buying NetApp stock or one of its competitors? The main competitors of NetApp include Western Digital (WDC), Synaptics (SYNA), Immersion (IMMR), Intevac (IVAC), Pure Storage (PSTG), Seagate Technology (STX), Quantum (QMCO), Lam Research (LRCX), Infosys (INFY), and CrowdStrike (CRWD). These companies are all part of the "computer and technology" sector.

NetApp vs.

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

NetApp has a net margin of 17.78% compared to Western Digital's net margin of 4.81%. NetApp's return on equity of 123.63% beat Western Digital's return on equity.

Company Net Margins Return on Equity Return on Assets
Western Digital4.81% 8.57% 3.76%
NetApp 17.78%123.63%13.03%

NetApp has lower revenue, but higher earnings than Western Digital. NetApp is trading at a lower price-to-earnings ratio than Western Digital, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Western Digital$14.35B1.49-$798M$1.7036.29
NetApp$6.47B3.73$986M$5.4421.85

Western Digital presently has a consensus price target of $86.33, suggesting a potential upside of 39.92%. NetApp has a consensus price target of $139.20, suggesting a potential upside of 17.13%. Given Western Digital's stronger consensus rating and higher probable upside, equities analysts plainly believe Western Digital is more favorable than NetApp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Western Digital
0 Sell rating(s)
6 Hold rating(s)
15 Buy rating(s)
0 Strong Buy rating(s)
2.71
NetApp
1 Sell rating(s)
10 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.29

Western Digital received 918 more outperform votes than NetApp when rated by MarketBeat users. Likewise, 74.08% of users gave Western Digital an outperform vote while only 53.56% of users gave NetApp an outperform vote.

CompanyUnderperformOutperform
Western DigitalOutperform Votes
2055
74.08%
Underperform Votes
719
25.92%
NetAppOutperform Votes
1137
53.56%
Underperform Votes
986
46.44%

92.5% of Western Digital shares are held by institutional investors. Comparatively, 92.2% of NetApp shares are held by institutional investors. 0.3% of Western Digital shares are held by insiders. Comparatively, 0.5% of NetApp shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

In the previous week, Western Digital had 14 more articles in the media than NetApp. MarketBeat recorded 20 mentions for Western Digital and 6 mentions for NetApp. NetApp's average media sentiment score of 0.85 beat Western Digital's score of 0.19 indicating that NetApp is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Western Digital
4 Very Positive mention(s)
3 Positive mention(s)
7 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Neutral
NetApp
3 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Western Digital pays an annual dividend of $2.00 per share and has a dividend yield of 3.2%. NetApp pays an annual dividend of $2.08 per share and has a dividend yield of 1.8%. Western Digital pays out 117.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. NetApp pays out 38.2% of its earnings in the form of a dividend.

Western Digital has a beta of 1.42, indicating that its share price is 42% more volatile than the S&P 500. Comparatively, NetApp has a beta of 1.23, indicating that its share price is 23% more volatile than the S&P 500.

Summary

Western Digital beats NetApp on 11 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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$24.16B$17.10B$26.56B$9.25B
Dividend Yield1.76%2.53%2.79%4.29%
P/E Ratio21.8550.33239.9017.28
Price / Sales3.733.082,720.14119.73
Price / Cash18.8754.4736.0337.83
Price / Book27.0714.667.364.93
Net Income$986M$108.60M$681.08M$225.34M
7 Day Performance0.42%-5.52%2.88%4.14%
1 Month Performance-5.82%19.43%4.85%1.16%
1 Year Performance32.93%132.93%23.58%16.98%

NetApp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NTAP
NetApp
4.8079 of 5 stars
$118.84
+0.6%
$139.20
+17.1%
+32.9%$24.16B$6.47B21.8511,800
WDC
Western Digital
4.852 of 5 stars
$61.08
+1.4%
$86.33
+41.3%
+17.2%$21.12B$14.35B35.9351,000
SYNA
Synaptics
3.3092 of 5 stars
$76.76
+2.9%
$97.33
+26.8%
-34.1%$3.07B$979.40M19.431,716
IMMR
Immersion
3.7459 of 5 stars
$8.70
-4.3%
$13.50
+55.2%
+26.6%$280.80M$163.13M4.2420Options Volume
News Coverage
IVAC
Intevac
0.8751 of 5 stars
$3.25
-0.3%
N/A-23.3%$87.66M$65.57M-9.85170Analyst Forecast
PSTG
Pure Storage
4.8254 of 5 stars
$63.70
-1.1%
$72.70
+14.1%
+80.5%$20.87B$3.08B167.645,600
STX
Seagate Technology
4.7935 of 5 stars
$88.18
+1.0%
$118.83
+34.8%
+3.9%$18.65B$7.27B23.0230,000
QMCO
Quantum
0.8277 of 5 stars
$46.11
+0.2%
$5.00
-89.2%
+530.2%$223.54M$285.24M0.00900Gap Up
High Trading Volume
LRCX
Lam Research
4.901 of 5 stars
$73.68
+2.6%
$97.24
+32.0%
-5.3%$94.80B$15.59B23.8117,450
INFY
Infosys
1.7455 of 5 stars
$22.69
-0.2%
$20.85
-8.1%
+21.4%$93.98B$18.84B29.09317,240
CRWD
CrowdStrike
4.0849 of 5 stars
$362.75
+0.1%
$361.25
-0.4%
+43.1%$89.35B$3.74B711.297,925Analyst Forecast

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This page (NASDAQ:NTAP) was last updated on 12/25/2024 by MarketBeat.com Staff
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