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Western Digital (WDC) Competitors

Western Digital logo
$60.24 +0.62 (+1.04%)
(As of 12/20/2024 05:17 PM ET)

WDC vs. NTAP, SYNA, IMMR, IVAC, PSTG, STX, QMCO, KLAC, INTC, and MSTR

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), Pure Storage (PSTG), Seagate Technology (STX), Quantum (QMCO), KLA (KLAC), Intel (INTC), and MicroStrategy (MSTR). These companies are all part of the "computer and technology" sector.

Western Digital vs.

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

92.5% of Western Digital shares are owned by institutional investors. Comparatively, 92.2% of NetApp shares are owned by institutional investors. 0.3% of Western Digital shares are owned by insiders. Comparatively, 0.5% of NetApp shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

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.

Western Digital currently has a consensus target price of $86.33, indicating a potential upside of 43.32%. NetApp has a consensus target price of $139.20, indicating a potential upside of 17.52%. Given Western Digital's stronger consensus rating and higher possible upside, analysts clearly 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%

Western Digital pays an annual dividend of $2.00 per share and has a dividend yield of 3.3%. 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.

In the previous week, NetApp had 4 more articles in the media than Western Digital. MarketBeat recorded 28 mentions for NetApp and 24 mentions for Western Digital. NetApp's average media sentiment score of 0.82 beat Western Digital's score of 0.55 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
8 Very Positive mention(s)
5 Positive mention(s)
6 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive
NetApp
11 Very Positive mention(s)
3 Positive mention(s)
6 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Positive

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$14.35B1.45-$798M$1.7035.44
NetApp$6.47B3.72$986M$5.4421.77

Summary

Western Digital and NetApp tied by winning 10 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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WDC vs. The Competition

MetricWestern DigitalComputer storage devices IndustryComputer SectorNASDAQ Exchange
Market Cap$20.83B$16.94B$25.52B$9.07B
Dividend YieldN/A2.41%2.77%4.21%
P/E Ratio35.4449.90245.3417.15
Price / Sales1.453.073,289.54116.81
Price / Cash75.6754.4735.4537.86
Price / Book1.8214.598.014.78
Net Income-$798M$108.60M$675.54M$225.60M
7 Day Performance-7.49%27.58%0.67%-1.23%
1 Month Performance-8.45%208.28%6.94%3.07%
1 Year Performance15.01%130.66%22.97%16.48%

Western Digital Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
WDC
Western Digital
4.8418 of 5 stars
$60.24
+1.0%
$86.33
+43.3%
+21.9%$20.83B$14.35B35.4451,000Analyst Downgrade
High Trading Volume
NTAP
NetApp
4.8492 of 5 stars
$126.80
+4.0%
$138.27
+9.0%
+33.2%$25.78B$6.27B22.4211,800Analyst Forecast
Insider Trade
SYNA
Synaptics
3.4148 of 5 stars
$78.71
-0.9%
$97.33
+23.7%
-34.9%$3.15B$959.40M20.121,716News Coverage
Positive News
IMMR
Immersion
3.5742 of 5 stars
$9.42
+2.8%
$13.50
+43.3%
+31.7%$304.04M$163.13M4.9320Earnings Report
Analyst Forecast
High Trading Volume
IVAC
Intevac
1.5406 of 5 stars
$3.45
flat
N/A-24.2%$93.06M$65.57M-10.45170Positive News
PSTG
Pure Storage
4.8366 of 5 stars
$66.52
+4.4%
$72.10
+8.4%
+79.8%$21.80B$2.83B167.645,600Analyst Forecast
Positive News
STX
Seagate Technology
4.769 of 5 stars
$96.05
+0.3%
$118.83
+23.7%
+6.7%$20.32B$7.27B24.9230,000Positive News
QMCO
Quantum
0.8011 of 5 stars
$23.81
+32.5%
$5.00
-79.0%
+616.3%$115.48M$311.60M0.00900Gap Down
High Trading Volume
KLAC
KLA
4.9183 of 5 stars
$661.16
+1.1%
$812.30
+22.9%
+11.7%$88.44B$10.26B29.8515,230
INTC
Intel
4.7017 of 5 stars
$20.50
+0.8%
$30.04
+46.5%
-57.3%$88.42B$54.23B-5.51124,800
MSTR
MicroStrategy
4.6991 of 5 stars
$436.07
+6.7%
$479.25
+9.9%
+535.1%$88.37B$467.24M-201.091,934Gap Down

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This page (NASDAQ:WDC) was last updated on 12/21/2024 by MarketBeat.com Staff
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