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Seagate Tech (DE:847)
FRANKFURT:847
Seagate Tech (847) Stock Price & Analysis
1 Followers
847 Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€49.75 - €99.65
Previous Close€95.41
Volume16.00
Average Volume (3M)123.00
Market Cap
€19.80B
Enterprise Value€24.27B
Total Cash (Recent Filing)$795.00M
Total Debt (Recent Filing)$5.67B
Price to Earnings (P/E)―
Beta0.83
Next Earnings
Jul 23, 2024EPS Estimate
€0.69Last Dividend Ex-Date
Jun 20, 2024Dividend Yield2.73%
Share Statistics
EPS (TTM)-1.20
Shares Outstanding209,988,542
10 Day Avg. Volume32
30 Day Avg. Volume123
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)-7.36
Price to Sales (P/S)2.73
Price to Cash Flow (P/CF)42.60
P/FCF Ratio33.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.57
Enterprise Value/Gross Profit17.96
Enterprise Value/Ebitda224.70
Forecast
1Y Price Target
€94.26Price Target Upside-1.21% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering16
Seagate Tech News
Bulls Say, Bears Say
Bulls Say
Market ShareSTX is expected to return to a normalized market share (~40% of market) in HDD unit shipments.
Product DemandMarket share increases are anticipated after HAMR qualification driven by demand for higher capacity drives as Cloud demand for HDD storage increases.
ProfitabilityGross margins are expected to be within the long-term range, driven by increased efficiencies and improved mix with more revenue in the Cloud segment.
Bears Say
Market DynamicsThe market dynamics are limiting the earning power to less than $6 which combined with the current valuation keep the Negative rating.
Product QualificationQualification of HAMR drives, initially expected this quarter, now extended into the September quarter.
Revenue PerformanceSeagate reported FY3Q revenue which was 3% below Goldman Sachs estimates and 1% below the Street consensus.
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847 FAQ
What was Seagate Tech’s price range in the past 12 months?
Seagate Tech lowest stock price was €49.75 and its highest was €99.65 in the past 12 months.
What is Seagate Tech’s market cap?
Currently, no data Available
When is Seagate Tech’s upcoming earnings report date?
Seagate Tech’s upcoming earnings report date is Jul 23, 2024 which is tomorrow.
How were Seagate Tech’s earnings last quarter?
Seagate Tech released its earnings results on Apr 23, 2024. The company reported €0.303 earnings per share for the quarter, beating the consensus estimate of €0.267 by €0.036.
Is Seagate Tech overvalued?
According to Wall Street analysts Seagate Tech’s price is currently Overvalued.
Does Seagate Tech pay dividends?
Seagate Tech pays a Quarterly dividend of €0.64 which represents an annual dividend yield of 2.73%. See more information on Seagate Tech dividends here
What is Seagate Tech’s EPS estimate?
Seagate Tech’s EPS estimate is €0.69.
How many shares outstanding does Seagate Tech have?
Seagate Tech has 209,988,540 shares outstanding.
What happened to Seagate Tech’s price movement after its last earnings report?
Seagate Tech reported an EPS of €0.303 in its last earnings report, beating expectations of €0.267. Following the earnings report the stock price went up 3.814%.
Which hedge fund is a major shareholder of Seagate Tech?
Among the largest hedge funds holding Seagate Tech’s share is Slate Path Capital LP. It holds Seagate Tech’s shares valued at 357M.
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Seagate Tech Stock Smart Score
Unlock Smart Score
1
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10
Analyst Consensus
Moderate Buy
Average Price Target:
€94.26 (-1.21% Downside)
€94.26 (-1.21% Downside)
Blogger Sentiment
Bullish
DE:847 Sentiment 78%
Sector Average 70%
Sector Average 70%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
77.34%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-10.93%
Trailing 12-Months
Company Description
Seagate Tech
Seagate Technology Plc engages in the development, production, and distribution of data storage products and electronic data storage solutions. Its products include hard disk drives, solid state hybrid drives, solid state drives, peripheral component interconnect express cards, serial advanced technology attachment controllers, storage subsystems and computing solutions. It offers its products under the Backup Plus and Expansion product lines, and Maxtor and LaCie brands. The company was founded by Finis Conner, Syed Iftikar, Doug Mahon, David Thomas Mitchell, and Alan F. Shugart in 1978 and is headquartered in Dublin, Ireland.
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847 Company Deck
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847 Earnings Call
Q3 2024
0:00 / 0:00
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847 Revenue Breakdown
73.78% OEMs
15.15% Distributors
11.06% Retailers
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847 Stock 12 Month Forecast
Average Price Target
€94.26
▼(-1.21% Downside)
Technical Analysis
Best Analysts Covering 847
1 Year
1 Year Success Rate
18/24 ratings generated profit
1 Year Average Return
+31.89%
reiterated a buy rating 6 months ago
Copying Kevin Cassidy's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +31.89% per trade.
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