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Seagate Technology (STX) Competitors

Seagate Technology logo
$87.31 -0.23 (-0.26%)
(As of 12/20/2024 05:51 PM ET)

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 business? We will compare the two businesses based on the strength of their dividends, earnings, valuation, community ranking, media sentiment, analyst recommendations, profitability, institutional ownership and risk.

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%

HP pays an annual dividend of $1.15 per share and has a dividend yield of 3.5%. Seagate Technology pays an annual dividend of $2.88 per share and has a dividend yield of 3.3%. HP pays out 40.9% 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.

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$53.56B0.58$2.78B$2.8111.72
Seagate Technology$7.27B2.54$335M$3.8322.80

HP has a beta of 1.04, suggesting that its stock price is 4% more volatile than the S&P 500. Comparatively, Seagate Technology has a beta of 1.03, suggesting that its stock price is 3% more volatile than the S&P 500.

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

HP received 306 more outperform votes than Seagate Technology when rated by MarketBeat users. Likewise, 60.63% of users gave HP an outperform vote while only 58.73% of users gave Seagate Technology an outperform vote.

CompanyUnderperformOutperform
HPOutperform Votes
1500
60.63%
Underperform Votes
974
39.37%
Seagate TechnologyOutperform Votes
1194
58.73%
Underperform Votes
839
41.27%

HP currently has a consensus target price of $36.45, indicating a potential upside of 10.66%. Seagate Technology has a consensus target price of $118.83, indicating a potential upside of 36.11%. Given Seagate Technology's stronger consensus rating and higher possible upside, analysts clearly 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)
9 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Seagate Technology
2 Sell rating(s)
6 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.47

In the previous week, HP had 5 more articles in the media than Seagate Technology. MarketBeat recorded 14 mentions for HP and 9 mentions for Seagate Technology. HP's average media sentiment score of 1.32 beat Seagate Technology's score of 0.75 indicating that HP is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
HP
11 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)
1 Negative mention(s)
1 Very Negative mention(s)
Positive

Summary

HP beats Seagate Technology on 11 of the 21 factors compared between the two stocks.

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$18.47B$16.94B$24.26B$9.08B
Dividend Yield3.05%2.41%2.71%4.18%
P/E Ratio22.8049.90270.7417.18
Price / Sales2.543.073,157.20115.69
Price / Cash49.2154.4733.6737.88
Price / Book-12.3114.597.754.78
Net Income$335M$108.60M$661.21M$225.60M
7 Day Performance-8.81%27.58%0.44%-1.26%
1 Month Performance-10.93%286.39%9.01%4.37%
1 Year Performance6.67%151.58%26.14%18.73%

Seagate Technology Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
STX
Seagate Technology
4.769 of 5 stars
$87.31
-0.3%
$118.83
+36.1%
+6.7%$18.47B$7.27B22.8030,000Positive News
High Trading Volume
HPQ
HP
4.8859 of 5 stars
$34.31
-0.7%
$36.45
+6.2%
+10.6%$33.07B$53.56B12.3058,000Positive News
HPE
Hewlett Packard Enterprise
4.8335 of 5 stars
$21.94
+0.5%
$23.79
+8.4%
+29.1%$28.49B$30.13B11.5862,000Analyst Upgrade
PSTG
Pure Storage
4.8366 of 5 stars
$66.73
+4.8%
$72.10
+8.0%
+79.8%$21.87B$2.83B167.645,600Analyst Forecast
Positive News
SMCI
Super Micro Computer
4.1702 of 5 stars
$33.74
-7.4%
$66.89
+98.3%
+4.6%$18.87B$14.94B17.065,126Analyst Upgrade
LOGI
Logitech International
3.8726 of 5 stars
$83.20
-1.4%
$92.88
+11.6%
-11.8%$13.16B$4.47B18.802,700Analyst Downgrade
PAR
PAR Technology
1.0028 of 5 stars
$78.34
+3.6%
$79.25
+1.2%
+77.3%$2.84B$415.82M-302.511,841
VYX
NCR Voyix
2.0905 of 5 stars
$14.92
+1.7%
$16.43
+10.1%
-14.7%$2.18B$3.59B3.4015,500Positive News
DBD
Diebold Nixdorf
4.3745 of 5 stars
$48.55
+0.3%
$62.50
+28.7%
+54.1%$1.82B$3.56B374.6921,000News Coverage
ATEN
A10 Networks
3.296 of 5 stars
$19.23
+3.0%
$20.00
+4.0%
+41.4%$1.42B$257.91M28.76525Positive News
CRSR
Corsair Gaming
4.4724 of 5 stars
$7.18
-1.1%
$9.14
+27.3%
-56.0%$751.75M$1.32B-8.072,387Short Interest ↓
Positive News

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This page (NASDAQ:STX) was last updated on 12/21/2024 by MarketBeat.com Staff
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