Financial Comparison: Seagate Technology (NASDAQ:STX) vs. IGO (OTCMKTS:IGOI)

IGO (OTCMKTS:IGOI) and Seagate Technology (NASDAQ:STX) are both technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, institutional ownership, dividends, risk, valuation, profitability and earnings.

Earnings and Valuation

This table compares IGO and Seagate Technology”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
IGO	N/A	N/A	N/A	N/A	N/A
Seagate Technology	$12.20 billion	15.27	$3.18 billion	$13.88	59.20

Seagate Technology has higher revenue and earnings than IGO.

Insider & Institutional Ownership

92.9% of Seagate Technology shares are held by institutional investors. 4.3% of IGO shares are held by company insiders. Comparatively, 0.8% of Seagate Technology shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Profitability

This table compares IGO and Seagate Technology’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
IGO	N/A	N/A	N/A
Seagate Technology	26.11%	369.98%	37.58%

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for IGO and Seagate Technology, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
IGO	0	0	0	0	0.00
Seagate Technology	0	4	22	1	2.89

Seagate Technology has a consensus price target of $986.00, suggesting a potential upside of 20.00%. Given Seagate Technology’s stronger consensus rating and higher possible upside, analysts plainly believe Seagate Technology is more favorable than IGO.

Summary

Seagate Technology beats IGO on 9 of the 10 factors compared between the two stocks.

About IGO

iGo, Inc. engages in the provision of metallic blade products for the meat cutting, food cutting and wood cutting industries to the global market. The company was founded on May 4, 1995 and is headquartered in New York, NY.

About Seagate Technology

Seagate Technology Holdings plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. It provides mass capacity storage products, including enterprise nearline hard disk drives (HDDs), enterprise nearline solid state drives (SSDs), enterprise nearline systems, video and image HDDs, and network-attached storage drives. The company also offers legacy applications comprising Mission Critical HDDs and SSDs; external storage solutions under the Seagate Ultra Touch, One Touch, and Expansion product lines, as well as under the LaCie brand name; desktop drives; notebook drives, DVR HDDs, and gaming SSDs. In addition, it provides Lyve edge-to-cloud mass capacity platform. The company sells its products primarily to OEMs, distributors, and retailers. Seagate Technology Holdings plc was founded in 1978 and is based in Dublin, Ireland.