Foxx Development (NASDAQ:FOXX – Get Free Report) and NetApp (NASDAQ:NTAP – Get Free Report) are both technology companies, but which is the better investment? We will contrast the two businesses based on the strength of their profitability, risk, earnings, valuation, analyst recommendations, dividends and institutional ownership.
Profitability
This table compares Foxx Development and NetApp’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Foxx Development | -100.20% | N/A | -74.38% |
| NetApp | 19.18% | 119.13% | 14.39% |
Earnings & Valuation
This table compares Foxx Development and NetApp”s gross revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Foxx Development | $52.58 million | 0.18 | -$52.69 million | ($7.53) | -0.18 |
| NetApp | $7.39 billion | 4.99 | $1.28 billion | $7.09 | 26.49 |
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.
Risk & Volatility
Foxx Development has a beta of -0.26, indicating that its stock price is 126% less volatile than the S&P 500. Comparatively, NetApp has a beta of 1.52, indicating that its stock price is 52% more volatile than the S&P 500.
Analyst Recommendations
This is a summary of current recommendations and price targets for Foxx Development and NetApp, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Foxx Development | 1 | 0 | 0 | 0 | 1.00 |
| NetApp | 0 | 10 | 11 | 1 | 2.59 |
NetApp has a consensus target price of $205.24, suggesting a potential upside of 9.27%. Given NetApp’s stronger consensus rating and higher possible upside, analysts plainly believe NetApp is more favorable than Foxx Development.
Insider and Institutional Ownership
60.4% of Foxx Development shares are held by institutional investors. Comparatively, 92.2% of NetApp shares are held by institutional investors. 31.6% of Foxx Development shares are held by company insiders. Comparatively, 0.4% of NetApp shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Summary
NetApp beats Foxx Development on 14 of the 15 factors compared between the two stocks.
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.
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.
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