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