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NetApp (NTAP) Competitors

NetApp logo
$122.34 -4.34 (-3.43%)
(As of 11/22/2024 ET)

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

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), Seagate Technology (STX), Pure Storage (PSTG), Quantum (QMCO), and Dell Technologies (DELL). These companies are all part of the "computer and technology" sector.

NetApp vs.

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

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$29.02B0.99$2.03B$1.4015.78
NetApp$6.38B3.93$986M$5.1223.89

Hewlett Packard Enterprise has a beta of 1.19, suggesting that its share price is 19% more volatile than the S&P 500. Comparatively, NetApp has a beta of 1.24, suggesting that its share price is 24% more volatile than the S&P 500.

NetApp has a net margin of 17.01% compared to Hewlett Packard Enterprise's net margin of 6.39%. NetApp's return on equity of 121.41% beat Hewlett Packard Enterprise's return on equity.

Company Net Margins Return on Equity Return on Assets
Hewlett Packard Enterprise6.39% 8.94% 3.27%
NetApp 17.01%121.41%12.38%

Hewlett Packard Enterprise currently has a consensus target price of $22.21, suggesting a potential upside of 0.54%. NetApp has a consensus target price of $134.00, suggesting a potential upside of 9.53%. Given NetApp's higher possible upside, analysts clearly believe NetApp is more favorable than Hewlett Packard Enterprise.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hewlett Packard Enterprise
0 Sell rating(s)
9 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.43
NetApp
1 Sell rating(s)
11 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.24

Hewlett Packard Enterprise pays an annual dividend of $0.52 per share and has a dividend yield of 2.4%. NetApp pays an annual dividend of $2.08 per share and has a dividend yield of 1.7%. Hewlett Packard Enterprise pays out 37.1% of its earnings in the form of a dividend. NetApp pays out 40.6% 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 is clearly the better dividend stock, given its higher yield and lower payout ratio.

NetApp received 347 more outperform votes than Hewlett Packard Enterprise when rated by MarketBeat users. However, 63.68% of users gave Hewlett Packard Enterprise an outperform vote while only 53.56% of users gave NetApp an outperform vote.

CompanyUnderperformOutperform
Hewlett Packard EnterpriseOutperform Votes
789
63.68%
Underperform Votes
450
36.32%
NetAppOutperform Votes
1136
53.56%
Underperform Votes
985
46.44%

In the previous week, NetApp had 25 more articles in the media than Hewlett Packard Enterprise. MarketBeat recorded 66 mentions for NetApp and 41 mentions for Hewlett Packard Enterprise. Hewlett Packard Enterprise's average media sentiment score of 0.90 beat NetApp's score of 0.88 indicating that Hewlett Packard Enterprise is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Hewlett Packard Enterprise
24 Very Positive mention(s)
6 Positive mention(s)
9 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
NetApp
28 Very Positive mention(s)
7 Positive mention(s)
13 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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, 0.5% of NetApp shares are held 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.

Summary

NetApp beats Hewlett Packard Enterprise on 13 of the 21 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$25.05B$17.21B$24.42B$8.84B
Dividend Yield1.70%2.28%2.73%4.09%
P/E Ratio23.8943.61249.7117.81
Price / Sales3.932.873,307.36162.50
Price / Cash18.9150.7833.8636.29
Price / Book21.9612.107.086.50
Net Income$986M$108.60M$671.90M$226.10M
7 Day Performance4.38%39.73%4.83%3.98%
1 Month Performance2.16%14.26%4.91%3.78%
1 Year Performance56.87%43.19%21.46%29.29%

NetApp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NTAP
NetApp
4.4087 of 5 stars
$122.34
-3.4%
$134.00
+9.5%
+56.9%$25.05B$6.38B23.8911,800Earnings Report
Dividend Announcement
Analyst Forecast
Insider Trade
News Coverage
Gap Up
High Trading Volume
HPE
Hewlett Packard Enterprise
4.7916 of 5 stars
$21.80
+2.9%
$22.21
+1.9%
+40.0%$28.30B$29.14B15.5762,000Upcoming Earnings
Analyst Forecast
News Coverage
WDC
Western Digital
4.9765 of 5 stars
$65.80
+3.1%
$87.71
+33.3%
+41.6%$22.75B$13.00B38.7151,000News Coverage
NTNX
Nutanix
4.4625 of 5 stars
$70.95
+2.2%
$73.86
+4.1%
+80.0%$18.82B$2.15B-137.627,150Upcoming Earnings
News Coverage
Gap Up
SYNA
Synaptics
3.8556 of 5 stars
$74.64
+2.9%
$97.33
+30.4%
-26.6%$2.99B$959.40M18.901,716
IMMR
Immersion
4.1549 of 5 stars
$8.66
+4.1%
$13.50
+55.9%
+36.2%$279.54M$33.92M4.2220
IVAC
Intevac
1.0533 of 5 stars
$2.65
+4.7%
N/A-32.2%$71.47M$52.67M-7.67170Analyst Forecast
STX
Seagate Technology
4.55 of 5 stars
$99.91
+1.9%
$118.83
+18.9%
+30.1%$20.73B$7.27B26.0930,000Positive News
PSTG
Pure Storage
4.813 of 5 stars
$51.64
+3.7%
$67.95
+31.6%
+38.2%$16.92B$2.83B124.435,600Analyst Forecast
QMCO
Quantum
1.0712 of 5 stars
$4.02
+33.1%
$5.00
+24.4%
+49.2%$19.50M$311.60M0.00900Gap Up
High Trading Volume
DELL
Dell Technologies
4.9295 of 5 stars
$138.69
+3.5%
$146.50
+5.6%
+93.1%$97.41B$88.43B25.49120,000Upcoming Earnings
Analyst Forecast
Gap Up

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This page (NASDAQ:NTAP) was last updated on 11/23/2024 by MarketBeat.com Staff
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