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Seagate Technology (STX) Competitors

$93.24
-0.47 (-0.50%)
(As of 05/31/2024 ET)

STX vs. STX, NTAP, PSTG, WDC, QMCO, RGTIW, SHOP, INFY, NXPI, and PYPL

Should you be buying Seagate Technology stock or one of its competitors? The main competitors of Seagate Technology include Seagate Technology (STX), NetApp (NTAP), Pure Storage (PSTG), Western Digital (WDC), Quantum (QMCO), Rigetti Computing (RGTIW), Shopify (SHOP), Infosys (INFY), NXP Semiconductors (NXPI), and PayPal (PYPL).

Seagate Technology vs.

Seagate Technology (NASDAQ:STX) and Seagate Technology (NASDAQ:STX) are both large-cap business services companies, but which is the superior business? We will contrast the two companies based on the strength of their profitability, institutional ownership, dividends, valuation, media sentiment, analyst recommendations, community ranking, earnings and risk.

Seagate Technology pays an annual dividend of $2.80 per share and has a dividend yield of 3.0%. Seagate Technology pays an annual dividend of $2.80 per share and has a dividend yield of 3.0%. Seagate Technology pays out -217.1% of its earnings in the form of a dividend. Seagate Technology pays out -217.1% 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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Seagate Technology$7.38B2.65-$529M-$1.29-72.28
Seagate Technology$7.38B2.65-$529M-$1.29-72.28

92.9% of Seagate Technology shares are held by institutional investors. Comparatively, 92.9% of Seagate Technology shares are held by institutional investors. 0.9% of Seagate Technology shares are held by insiders. Comparatively, 0.9% of Seagate Technology shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Seagate Technology presently has a consensus price target of $96.13, indicating a potential upside of 3.09%. Seagate Technology has a consensus price target of $96.13, indicating a potential upside of 3.09%.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Seagate Technology
2 Sell rating(s)
7 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.39
Seagate Technology
2 Sell rating(s)
7 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.39

In the previous week, Seagate Technology and Seagate Technology both had 9 articles in the media. Seagate Technology's average media sentiment score of 1.45 equaled Seagate Technology'saverage media sentiment score.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Seagate Technology
5 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Seagate Technology
5 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Seagate Technology has a beta of 1.06, indicating that its share price is 6% more volatile than the S&P 500. Comparatively, Seagate Technology has a beta of 1.06, indicating that its share price is 6% more volatile than the S&P 500.

Seagate Technology and Seagate Technology both received 1173 outperform votes by MarketBeat users.

CompanyUnderperformOutperform
Seagate TechnologyOutperform Votes
1173
58.65%
Underperform Votes
827
41.35%
Seagate TechnologyOutperform Votes
1173
58.65%
Underperform Votes
827
41.35%

Company Net Margins Return on Equity Return on Assets
Seagate Technology-4.31% N/A -1.35%
Seagate Technology -4.31%N/A -1.35%

Summary

Seagate Technology and Seagate Technology tied by winning 0 of the 0 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding STX 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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STX vs. The Competition

MetricSeagate TechnologyComputer storage devices IndustryBusiness SectorNASDAQ Exchange
Market Cap$19.58B$17.72B$6.56B$7.96B
Dividend Yield2.97%2.34%2.91%4.02%
P/E Ratio-72.28121.2020.8918.29
Price / Sales2.653.11558.9082.56
Price / Cash44.4546.2428.9230.90
Price / Book-10.3613.024.614.59
Net Income-$529M-$187.53M$119.04M$213.79M
7 Day Performance-1.01%0.43%-0.26%0.65%
1 Month Performance8.53%9.73%1.95%3.48%
1 Year Performance55.14%56.37%6.86%8.81%

Seagate Technology Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
STX
Seagate Technology
3.648 of 5 stars
$94.26
-2.7%
$95.50
+1.3%
+55.1%$19.79B$7.38B-73.0733,400Analyst Forecast
Positive News
NTAP
NetApp
4.2858 of 5 stars
$117.50
-0.4%
$105.69
-10.1%
+81.5%$24.25B$6.18B26.7012,000Earnings Report
Dividend Increase
Analyst Forecast
News Coverage
Gap Up
PSTG
Pure Storage
4.026 of 5 stars
$63.00
+0.8%
$53.32
-15.4%
+109.0%$20.47B$2.83B370.615,600Analyst Forecast
News Coverage
WDC
Western Digital
3.0306 of 5 stars
$77.43
+1.7%
$78.32
+1.1%
+94.4%$25.28B$12.32B-15.5853,000Analyst Forecast
QMCO
Quantum
1.5666 of 5 stars
$0.45
+4.7%
$1.43
+219.4%
-58.2%$42.65M$412.75M-1.09850Short Interest ↑
Gap Up
RGTIW
Rigetti Computing
0 of 5 stars
$0.16
flat
N/A+43.0%$0.00$12.86M0.00134Short Interest ↓
Positive News
Gap Down
SHOP
Shopify
4.5202 of 5 stars
$58.38
+0.3%
$77.06
+32.0%
+3.4%$75.23B$7.06B-343.418,300Analyst Forecast
Short Interest ↑
INFY
Infosys
3.5079 of 5 stars
$17.03
-1.7%
$19.27
+13.2%
+5.0%$70.50B$18.56B22.41343,234Dividend Cut
Short Interest ↑
NXPI
NXP Semiconductors
4.6178 of 5 stars
$273.83
-2.1%
$267.80
-2.2%
+51.9%$70.01B$13.28B25.2834,200Dividend Announcement
PYPL
PayPal
4.7488 of 5 stars
$61.05
-1.8%
$72.73
+19.1%
+1.6%$63.86B$30.43B15.3827,200Analyst Upgrade
News Coverage

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This page (NASDAQ:STX) was last updated on 6/1/2024 by MarketBeat.com Staff

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