WDC vs. NTAP, SYNA, IMMR, IVAC, STX, PSTG, QMCO, NTES, ROP, and ADSK
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), Seagate Technology (STX), Pure Storage (PSTG), Quantum (QMCO), NetEase (NTES), Roper Technologies (ROP), and Autodesk (ADSK). These companies are all part of the "computer and technology" sector.
Western Digital vs.
NetApp (NASDAQ:NTAP) and Western Digital (NASDAQ:WDC) are both large-cap computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their community ranking, dividends, media sentiment, analyst recommendations, earnings, institutional ownership, valuation, profitability and risk.
NetApp presently has a consensus price target of $130.40, indicating a potential upside of 36.22%. Western Digital has a consensus price target of $83.05, indicating a potential upside of 76.67%. Given Western Digital's stronger consensus rating and higher probable upside, analysts clearly believe Western Digital is more favorable than NetApp.
Western Digital received 927 more outperform votes than NetApp when rated by MarketBeat users. Likewise, 74.07% of users gave Western Digital an outperform vote while only 53.43% of users gave NetApp an outperform vote.
In the previous week, NetApp had 49 more articles in the media than Western Digital. MarketBeat recorded 77 mentions for NetApp and 28 mentions for Western Digital. Western Digital's average media sentiment score of 0.51 beat NetApp's score of 0.43 indicating that Western Digital is being referred to more favorably in the news media.
NetApp pays an annual dividend of $2.08 per share and has a dividend yield of 2.2%. Western Digital pays an annual dividend of $2.00 per share and has a dividend yield of 4.3%. NetApp pays out 38.5% of its earnings in the form of a dividend. Western Digital pays out 47.6% 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.
92.2% of NetApp shares are held by institutional investors. Comparatively, 92.5% of Western Digital shares are held by institutional investors. 0.5% of NetApp shares are held by company insiders. Comparatively, 0.3% of Western Digital shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
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.
NetApp has a beta of 1.23, meaning that its share price is 23% more volatile than the S&P 500. Comparatively, Western Digital has a beta of 1.44, meaning that its share price is 44% more volatile than the S&P 500.
NetApp has a net margin of 17.78% compared to Western Digital's net margin of 9.95%. NetApp's return on equity of 123.63% beat Western Digital's return on equity.
Summary
NetApp and Western Digital tied by winning 10 of the 20 factors compared between the two stocks.
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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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This page (NASDAQ:WDC) was last updated on 3/4/2025 by MarketBeat.com Staff