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Seagate Tech (STX)
NASDAQ:STX
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STX Stock Chart & Stats
Day’s Range― - ―
52-Week Range$82.31 - $115.32
Previous CloseN/A
Volume1.52M
Average Volume (3M)2.94M
Market Cap
$20.11B
Enterprise Value$27.92B
Total Cash (Recent Filing)$2.54B
Total Debt (Recent Filing)$5.02B
Price to Earnings (P/E)24.9
Beta1.62
Next Earnings
Jan 21, 2025EPS Estimate
1.88Last Dividend Ex-Date
Dec 13, 2024Dividend Yield2.97%
Share Statistics
EPS (TTM)3.82
Shares Outstanding211,529,510
10 Day Avg. Volume3,186,479
30 Day Avg. Volume2,939,561
Standard Deviation0.10
R-Squared0.32
Alpha0.00214
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.77
Price to Cash Flow (P/CF)52.90
P/FCF Ratio46.10
Enterprise Value/Market Cap1.39
Enterprise Value/Revenue3.93
Enterprise Value/Gross Profit18.18
Enterprise Value/Ebitda35.39
Forecast
1Y Price Target
$116.57Price Target Upside19.35% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Seagate Tech News
PremiumCompany Announcements
Seagate’s CEO to Present at UBS Technology Conference
Bulls Say, Bears Say
Bulls Say
Financial PerformanceHDD revenue, which makes up 92% of total revenue, was up 16% Q/Q and up 55% Y/Y, driven by EB shipment growth.
Market Demand And GrowthStrong cloud demand, AI tailwinds, and pricing stability with HAMR mix improving are positive for the company.
Technology And InnovationSeagate has successfully completed qualification testing for its HAMR based Mozaic drives with several customers within the Mass Capacity markets, including a leading cloud service provider.
Bears Say
Financial PerformanceThe free cash flow for F1Q25 was $27 million versus $380 million in the prior quarter.
Market DynamicsMarket dynamics are limiting the earnings power to less than $6, which combined with the current valuation keeps the Negative rating unchanged.
Production ChallengesSeagate is experiencing delays in bringing capacity back online, expected to have a $200M impact on Mar-qtr revenue.
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Ownership Overview
0.41% Insiders
31.49% Mutual Funds
0.38% Other Institutional Investors
42.70% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Ability to SellRisks related to the company’s ability to sell goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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STX FAQ
What was Seagate Tech’s price range in the past 12 months?
Seagate Tech lowest stock price was $82.31 and its highest was $115.32 in the past 12 months.
What is Seagate Tech’s market cap?
Seagate Tech’s market cap is $20.11B.
When is Seagate Tech’s upcoming earnings report date?
Seagate Tech’s upcoming earnings report date is Jan 21, 2025 which is today.
How were Seagate Tech’s earnings last quarter?
Seagate Tech released its earnings results on Oct 22, 2024. The company reported $1.58 earnings per share for the quarter, beating the consensus estimate of $1.485 by $0.095.
Is Seagate Tech overvalued?
According to Wall Street analysts Seagate Tech’s price is currently Undervalued.
Does Seagate Tech pay dividends?
Seagate Tech pays a Quarterly dividend of $2.817 which represents an annual dividend yield of 2.97%. See more information on Seagate Tech dividends here
What is Seagate Tech’s EPS estimate?
Seagate Tech’s EPS estimate is 1.88.
How many shares outstanding does Seagate Tech have?
Seagate Tech has 211,529,510 shares outstanding.
What happened to Seagate Tech’s price movement after its last earnings report?
Seagate Tech reported an EPS of $1.58 in its last earnings report, beating expectations of $1.485. Following the earnings report the stock price went down -8.094%.
Which hedge fund is a major shareholder of Seagate Tech?
Currently, no hedge funds are holding shares in STX
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Seagate Tech Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$116.57 (19.35% Upside)
$116.57 (19.35% Upside)
Blogger Sentiment
Bullish
STX Sentiment 91%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 1.6M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $9.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.5%
Last 30 Days ▲ 3.1%
Last 30 Days ▲ 3.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
20.63%
12-Months-Change
Fundamentals
Return on Equity
-63.38%
Trailing 12-Months
Asset Growth
10.78%
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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STX Company Deck
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STX Earnings Call
Q1 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
Seagate reported strong revenue and profitability growth, driven by mass capacity demand and strategic cost efficiencies. Despite challenges in China and increased operating expenses, the company remains optimistic about future opportunities, reflected in its positive guidance and dividend increase.Read More>---
STX Revenue Breakdown
74.74% OEMs
14.84% Distributors
10.43% Retailers
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STX Stock 12 Month Forecast
Average Price Target
$116.57
▲(19.35% Upside)
Technical Analysis
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Best Analysts Covering STX
1 Year
1 Year Success Rate
18/25 ratings generated profit
1 Year Average Return
+29.45%
reiterated a buy rating 6 months ago
Copying Kevin Cassidy's trades and holding each position for 1 Year would result in 72.00% of your transactions generating a profit, with an average return of +29.45% per trade.
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