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Seagate Tech (STX)
NASDAQ:STX
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STX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$76.30 - $115.32
Previous Close$99.62
Volume2.68M
Average Volume (3M)2.13M
Market Cap
$21.07B
Enterprise Value$25.51B
Total Cash (Recent Filing)$1.24B
Total Debt (Recent Filing)$5.68B
Price to Earnings (P/E)26.0
Beta1.47
Next Earnings
Jan 22, 2025EPS Estimate
$1.87Next Dividend Ex-Date
Dec 13, 2024Dividend Yield2.81%
Share Statistics
EPS (TTM)3.82
Shares Outstanding211,529,509
10 Day Avg. Volume1,736,380
30 Day Avg. Volume2,133,906
Standard Deviation0.10
R-Squared0.32
Alpha0.00460
Financial Highlights & Ratios
Price to Book (P/B)-15.94
Price to Sales (P/S)2.85
Price to Cash Flow (P/CF)54.40
P/FCF Ratio47.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.59
Enterprise Value/Gross Profit16.61
Enterprise Value/Ebitda32.33
Forecast
1Y Price Target
$127.56Price Target Upside28.05% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
Seagate Tech News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceSTX reported a strong quarterly performance with revenue and earnings per share exceeding expectations, indicating solid financial health.
Market Position And DemandThe company reported strong growth in its nearline shipments, significantly surpassing previous estimates and indicating a robust market position.
Technological AdvancementsThe development and implementation of new technologies like HAMR and Mozaic are anticipated to improve total cost of ownership and profit margins.
Bears Say
Financial PerformanceThe free cash flow for F1Q25 was $27 million versus $380 million in the prior quarter.
Market ExpectationsThe guidance for the next quarter was below the increasingly optimistic expectations of the market, which could temper investor enthusiasm.
Product DevelopmentRisk exists if HAMR qualification gets further delayed, potentially making competitor shares more attractive.
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Ownership Overview
0.45% Insiders
31.61% Mutual Funds
23.99% Other Institutional Investors
18.75% 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 $76.30 and its highest was $115.32 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 Jan 22, 2025 which is in 55 days.
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 $0.72 which represents an annual dividend yield of 2.81%. See more information on Seagate Tech dividends here
What is Seagate Tech’s EPS estimate?
Seagate Tech’s EPS estimate is $1.87.
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 -8.097%.
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 337M.
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Seagate Tech Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$127.56 (28.05% Upside)
$127.56 (28.05% Upside)
Blogger Sentiment
Bullish
STX Sentiment 87%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 1.6M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $4.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 1.7%
Last 30 Days ▼ 0.3%
Last 30 Days ▼ 0.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
34.07%
12-Months-Change
Fundamentals
Return on Equity
―
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
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STX Revenue Breakdown
74.74% OEMs
14.84% Distributors
10.43% Retailers
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STX Stock 12 Month Forecast
Average Price Target
$127.56
▲(28.05% Upside)
Technical Analysis
Best Analysts Covering STX
1 Year
1 Year Success Rate
18/25 ratings generated profit
1 Year Average Return
+30.16%
reiterated a buy rating 4 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 +30.16% per trade.
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