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Western Digital (WDC) Competitors

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$63.84 -1.45 (-2.22%)
(As of 11/20/2024 ET)

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

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), Infosys (INFY), MicroStrategy (MSTR), and CrowdStrike (CRWD). 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 better stock? We will contrast the two companies based on the strength of their media sentiment, dividends, community ranking, earnings, analyst recommendations, profitability, institutional ownership, valuation and risk.

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 insiders. Comparatively, 0.3% of Western Digital shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Western Digital received 917 more outperform votes than NetApp when rated by MarketBeat users. Likewise, 74.07% of users gave Western Digital an outperform vote while only 53.69% of users gave NetApp an outperform vote.

CompanyUnderperformOutperform
NetAppOutperform Votes
1134
53.69%
Underperform Votes
978
46.31%
Western DigitalOutperform Votes
2051
74.07%
Underperform Votes
718
25.93%

NetApp has higher earnings, but lower revenue 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
NetApp$6.27B4.03$986M$5.1224.11
Western Digital$13.00B1.70-$798M$1.7037.55

NetApp has a net margin of 17.01% compared to Western Digital's net margin of 4.81%. NetApp's return on equity of 121.41% beat Western Digital's return on equity.

Company Net Margins Return on Equity Return on Assets
NetApp17.01% 121.41% 12.38%
Western Digital 4.81%8.57%3.76%

In the previous week, NetApp had 23 more articles in the media than Western Digital. MarketBeat recorded 30 mentions for NetApp and 7 mentions for Western Digital. Western Digital's average media sentiment score of 1.16 beat NetApp's score of 0.74 indicating that Western Digital is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
NetApp
16 Very Positive mention(s)
2 Positive mention(s)
9 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Western Digital
5 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive

NetApp currently has a consensus target price of $129.06, indicating a potential upside of 4.55%. Western Digital has a consensus target price of $87.71, indicating a potential upside of 37.40%. Given Western Digital's stronger consensus rating and higher possible upside, analysts plainly believe Western Digital is more favorable than NetApp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NetApp
1 Sell rating(s)
11 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.24
Western Digital
0 Sell rating(s)
5 Hold rating(s)
16 Buy rating(s)
0 Strong Buy rating(s)
2.76

NetApp has a beta of 1.24, indicating that its share price is 24% more volatile than the S&P 500. Comparatively, Western Digital has a beta of 1.4, indicating that its share price is 40% more volatile than the S&P 500.

Summary

Western Digital beats NetApp on 10 of the 18 factors compared between the two stocks.

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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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WDC vs. The Competition

MetricWestern DigitalComputer storage devices IndustryComputer SectorNASDAQ Exchange
Market Cap$22.07B$16.88B$23.93B$8.82B
Dividend YieldN/A2.33%2.79%4.07%
P/E Ratio37.5542.46255.3717.58
Price / Sales1.702.943,289.7673.96
Price / Cash75.0449.7532.8132.51
Price / Book1.9011.997.384.68
Net Income-$798M$108.60M$665.43M$225.87M
7 Day Performance1.77%-6.20%-0.42%-2.03%
1 Month Performance-4.76%-11.78%0.51%0.07%
1 Year Performance34.83%19.51%17.41%24.55%

Western Digital Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
WDC
Western Digital
4.964 of 5 stars
$63.84
-2.2%
$87.71
+37.4%
+34.8%$22.57B$13.00B37.5551,000Positive News
NTAP
NetApp
4.3823 of 5 stars
$123.45
+1.0%
$129.06
+4.5%
+58.4%$25.02B$6.27B24.1111,800Insider Trade
SYNA
Synaptics
3.5728 of 5 stars
$72.55
-0.2%
$97.33
+34.2%
-31.6%$2.91B$959.40M18.371,716
IMMR
Immersion
4.0079 of 5 stars
$8.32
-2.9%
$13.50
+62.3%
+27.8%$276.60M$33.92M4.0620Short Interest ↓
IVAC
Intevac
1.0352 of 5 stars
$2.53
+0.4%
N/A-32.4%$67.84M$52.67M0.00170
STX
Seagate Technology
4.6956 of 5 stars
$98.02
+0.2%
$118.83
+21.2%
+27.2%$20.69B$6.55B25.5930,000Positive News
PSTG
Pure Storage
4.8991 of 5 stars
$49.77
-0.3%
$67.95
+36.5%
+34.0%$16.35B$2.83B124.435,600Analyst Forecast
QMCO
Quantum
2.5793 of 5 stars
$3.02
+1.3%
$5.00
+65.6%
-56.9%$14.45M$311.60M0.00900
INFY
Infosys
2.2162 of 5 stars
$22.00
+1.2%
$20.85
-5.2%
+25.4%$90.00B$18.56B28.20317,240Analyst Downgrade
MSTR
MicroStrategy
4.035 of 5 stars
$473.83
+10.1%
$289.88
-38.8%
+831.8%$87.25B$496.26M0.001,934Analyst Forecast
Gap Up
High Trading Volume
CRWD
CrowdStrike
4.5841 of 5 stars
$350.15
-0.9%
$333.82
-4.7%
+68.6%$85.83B$3.06B507.467,925Upcoming Earnings
Analyst Forecast
Positive News

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This page (NASDAQ:WDC) was last updated on 11/21/2024 by MarketBeat.com Staff
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