NetApp (NASDAQ:NTAP – Get Free Report) and Foxx Development (NASDAQ:FOXX – Get Free Report) are both technology companies, but which is the better business? We will compare the two companies based on the strength of their valuation, risk, earnings, dividends, institutional ownership, profitability and analyst recommendations.
Analyst Ratings
This is a summary of current ratings and price targets for NetApp and Foxx Development, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| NetApp | 0 | 10 | 11 | 1 | 2.59 |
| Foxx Development | 1 | 0 | 0 | 0 | 1.00 |
NetApp presently has a consensus price target of $205.24, indicating a potential upside of 9.27%. Given NetApp’s stronger consensus rating and higher probable upside, analysts clearly believe NetApp is more favorable than Foxx Development.
Valuation and Earnings
This table compares NetApp and Foxx Development”s revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| NetApp | $7.39 billion | 4.99 | $1.28 billion | $7.09 | 26.49 |
| Foxx Development | $52.58 million | 0.18 | -$52.69 million | ($7.53) | -0.18 |
NetApp has higher revenue and earnings than Foxx Development. Foxx Development is trading at a lower price-to-earnings ratio than NetApp, indicating that it is currently the more affordable of the two stocks.
Insider & Institutional Ownership
92.2% of NetApp shares are owned by institutional investors. Comparatively, 60.4% of Foxx Development shares are owned by institutional investors. 0.4% of NetApp shares are owned by insiders. Comparatively, 31.6% of Foxx Development shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Risk & Volatility
NetApp has a beta of 1.52, indicating that its share price is 52% more volatile than the S&P 500. Comparatively, Foxx Development has a beta of -0.26, indicating that its share price is 126% less volatile than the S&P 500.
Profitability
This table compares NetApp and Foxx Development’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| NetApp | 19.18% | 119.13% | 14.39% |
| Foxx Development | -100.20% | N/A | -74.38% |
Summary
NetApp beats Foxx Development on 14 of the 15 factors compared between the two stocks.
About NetApp
NetApp, Inc. develops data storage and data management technologies for businesses and other organizations. Its offerings support workloads across on-premises infrastructure, public cloud environments and hybrid settings, with services for storing, managing, protecting and moving data. The company’s portfolio includes its ONTAP data management software, all-flash and hybrid-flash storage systems, object storage, and cloud storage and data services. NetApp also provides tools to help customers manage data across different environments and offers infrastructure through its Keystone storage-as-a-service model.
About Foxx Development
Foxx Development Holdings Inc. is a consumer electronics and integrated Internet-of-Things solution company catering to both retail and institutional clients. The company currently sells a diverse range of products including mobile phones, tablets and other consumer electronics devices principally in United State and is in the process of developing and distributing end-to-end communication terminals and IoT solutions. Foxx Development Holdings Inc., formerly known as Acri Capital Acquisition Corporation, is based in Austin, TX.
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