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Seagate Technology (STX) Competitors

Seagate Technology logo
$97.67 +2.60 (+2.73%)
As of 01/17/2025 04:00 PM Eastern

STX vs. HPQ, HPE, PSTG, SMCI, LOGI, PAR, VYX, DBD, ATEN, and CRSR

Should you be buying Seagate Technology stock or one of its competitors? The main competitors of Seagate Technology include HP (HPQ), Hewlett Packard Enterprise (HPE), Pure Storage (PSTG), Super Micro Computer (SMCI), Logitech International (LOGI), PAR Technology (PAR), NCR Voyix (VYX), Diebold Nixdorf (DBD), A10 Networks (ATEN), and Corsair Gaming (CRSR). These companies are all part of the "computer hardware" industry.

Seagate Technology vs.

HP (NYSE:HPQ) and Seagate Technology (NASDAQ:STX) are both large-cap computer and technology companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, dividends, media sentiment, earnings, profitability, analyst recommendations, valuation, community ranking and risk.

HP has higher revenue and earnings than Seagate Technology. HP is trading at a lower price-to-earnings ratio than Seagate Technology, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
HP$53.56B0.57$2.78B$2.8111.58
Seagate Technology$7.27B2.84$335M$3.8325.50

HP currently has a consensus target price of $36.23, indicating a potential upside of 11.36%. Seagate Technology has a consensus target price of $120.94, indicating a potential upside of 23.83%. Given Seagate Technology's stronger consensus rating and higher possible upside, analysts plainly believe Seagate Technology is more favorable than HP.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
HP
1 Sell rating(s)
10 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Seagate Technology
1 Sell rating(s)
6 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.56

In the previous week, Seagate Technology had 6 more articles in the media than HP. MarketBeat recorded 18 mentions for Seagate Technology and 12 mentions for HP. HP's average media sentiment score of 0.75 beat Seagate Technology's score of 0.46 indicating that HP is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
HP
6 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Seagate Technology
4 Very Positive mention(s)
4 Positive mention(s)
7 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral

HP received 305 more outperform votes than Seagate Technology when rated by MarketBeat users. Likewise, 60.61% of users gave HP an outperform vote while only 58.66% of users gave Seagate Technology an outperform vote.

CompanyUnderperformOutperform
HPOutperform Votes
1500
60.61%
Underperform Votes
975
39.39%
Seagate TechnologyOutperform Votes
1195
58.66%
Underperform Votes
842
41.34%

HP has a beta of 1.05, indicating that its stock price is 5% more volatile than the S&P 500. Comparatively, Seagate Technology has a beta of 1.06, indicating that its stock price is 6% more volatile than the S&P 500.

Seagate Technology has a net margin of 11.34% compared to HP's net margin of 5.18%. Seagate Technology's return on equity of -32.19% beat HP's return on equity.

Company Net Margins Return on Equity Return on Assets
HP5.18% -253.39% 8.83%
Seagate Technology 11.34%-32.19%6.98%

77.5% of HP shares are owned by institutional investors. Comparatively, 92.9% of Seagate Technology shares are owned by institutional investors. 0.4% of HP shares are owned by insiders. Comparatively, 0.8% of Seagate Technology shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

HP pays an annual dividend of $1.16 per share and has a dividend yield of 3.6%. Seagate Technology pays an annual dividend of $2.88 per share and has a dividend yield of 2.9%. HP pays out 41.3% of its earnings in the form of a dividend. Seagate Technology pays out 75.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. HP has increased its dividend for 15 consecutive years. HP is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Summary

Seagate Technology beats HP on 12 of the 21 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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STX vs. The Competition

MetricSeagate TechnologyComputer storage devices IndustryComputer SectorNASDAQ Exchange
Market Cap$20.66B$17.96B$27.09B$9.15B
Dividend Yield3.03%2.41%2.78%4.03%
P/E Ratio25.5052.23235.6417.36
Price / Sales2.843.343,753.0778.03
Price / Cash45.6753.0034.3235.97
Price / Book-13.7813.268.394.79
Net Income$335M$108.60M$669.90M$225.00M
7 Day Performance9.83%16.60%3.67%2.62%
1 Month Performance11.87%-0.60%4.89%3.81%
1 Year Performance14.34%115.60%24.35%20.10%

Seagate Technology Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
STX
Seagate Technology
4.708 of 5 stars
$97.67
+2.7%
$120.94
+23.8%
+14.3%$20.66B$7.27B25.5030,000Upcoming Earnings
High Trading Volume
HPQ
HP
4.7809 of 5 stars
$32.70
-1.5%
$36.23
+10.8%
+11.7%$30.67B$53.56B11.6458,000
HPE
Hewlett Packard Enterprise
4.8101 of 5 stars
$21.76
-1.4%
$24.00
+10.3%
+50.5%$28.62B$30.13B11.4562,000News Coverage
PSTG
Pure Storage
4.2601 of 5 stars
$62.55
-3.4%
$72.70
+16.2%
+62.5%$20.41B$3.08B164.615,600
SMCI
Super Micro Computer
4.8393 of 5 stars
$30.88
-5.3%
$66.89
+116.6%
-27.2%$17.27B$14.94B15.505,126Upcoming Earnings
Positive News
Gap Up
LOGI
Logitech International
3.0428 of 5 stars
$85.18
-0.7%
$92.88
+9.0%
-7.9%$13.47B$4.47B18.972,700
PAR
PAR Technology
1.4335 of 5 stars
$67.42
-0.6%
$79.25
+17.5%
+63.9%$2.61B$453.99M-269.671,480Positive News
VYX
NCR Voyix
2.3756 of 5 stars
$12.86
-1.3%
$16.43
+27.7%
-11.3%$1.88B$3.59B2.9835,000
DBD
Diebold Nixdorf
4.4596 of 5 stars
$40.32
-1.8%
$62.50
+55.0%
+44.1%$1.52B$3.56B310.1821,000
ATEN
A10 Networks
3.1627 of 5 stars
$17.86
-2.7%
$20.00
+12.0%
+39.7%$1.32B$257.91M26.66580
CRSR
Corsair Gaming
2.8625 of 5 stars
$7.43
-2.0%
$9.14
+23.1%
-38.4%$777.92M$1.32B-8.262,387

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This page (NASDAQ:STX) was last updated on 1/20/2025 by MarketBeat.com Staff
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