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Seagate Technology (STX) Stock Price, News & Analysis

$97.98
-2.83 (-2.81%)
(As of 09/6/2024 ET)
Today's Range
$97.33
$100.71
50-Day Range
$92.10
$109.53
52-Week Range
$62.43
$113.57
Volume
2.61 million shs
Average Volume
1.84 million shs
Market Capitalization
$20.62 billion
P/E Ratio
N/A
Dividend Yield
2.86%
Price Target
$115.94

Seagate Technology MarketRank™ Stock Analysis

Analyst Rating
Hold
2.45 Rating Score
Upside/​Downside
18.3% Upside
$115.94 Price Target
Short Interest
Bearish
5.61% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.09
Upright™ Environmental Score
News Sentiment
0.79mentions of Seagate Technology in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$7.16 M Sold Last Quarter
Proj. Earnings Growth
48.07%
From $6.72 to $9.95 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.08 out of 5 stars

Business Services Sector

63rd out of 303 stocks

Computer Storage Devices Industry

4th out of 4 stocks

STX stock logo

About Seagate Technology Stock (NASDAQ:STX)

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.

STX Stock Price History

STX Stock News Headlines

Electronic parts, components, computer circuits. Western Digital
Analysts Forecast Big Upside for Western Digital—Don’t Miss Out (STX)
As a leading provider of data storage solutions, Western Digital Co. (NASDAQ: WDC) stands at the forefront as a key benefactor of artificial intelligence.
War on Elon Escalates…
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
War on Elon Escalates…
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
StockNews.com Lowers Seagate Technology (NASDAQ:STX) to Hold
Seagate Technology (NASDAQ:STX) Downgraded by StockNews.com
See More Headlines
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Company Calendar

Ex-Dividend for 7/5 Dividend
6/20/2024
Dividend Payable
7/05/2024
Last Earnings
7/23/2024
Today
9/07/2024
Ex-Dividend for 10/7 Dividend
9/23/2024
Dividend Payable
10/07/2024
Next Earnings (Estimated)
10/24/2024
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Industry
Computer storage devices
Sub-Industry
Computer Hardware
Current Symbol
NASDAQ:STX
Employees
30,000
Year Founded
1979

Price Target and Rating

Average Stock Price Target
$115.94
High Stock Price Target
$142.00
Low Stock Price Target
$65.00
Potential Upside/Downside
+18.3%
Consensus Rating
Hold
Rating Score (0-4)
2.45
Research Coverage
20 Analysts

Profitability

Net Income
$335 million
Pretax Margin
6.79%

Debt

Sales & Book Value

Annual Sales
$6.55 billion
Cash Flow
$1.89 per share
Book Value
($7.09) per share

Miscellaneous

Free Float
208,120,000
Market Cap
$20.62 billion
Optionable
Optionable
Beta
1.03

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Key Executives

  • Dr. William David Mosley (Age 57)
    CEO & Director
    Comp: $980.48k
  • Mr. Gianluca  RomanoMr. Gianluca Romano (Age 55)
    Executive VP & CFO
    Comp: $639.9k
  • Mr. Ban Seng TehMr. Ban Seng Teh (Age 57)
    Executive VP & Chief Commercial Officer
    Comp: $532.73k
  • Mr. Kian Fatt Chong (Age 61)
    Senior Vice President of Global Operations
  • Dr. John C. Morris (Age 57)
    Senior VP & CTO
  • Ms. Grace Liu
    Senior VP & Chief Information Officer
  • Ms. Shanye Hudson
    Senior Vice President of Investor Relations & Finance Strategy
  • Ms. Laurie Webb
    Interim Chief Legal Officer, Vice President of Legal, Chief Compliance Officer & Corporate Secretary
  • Ms. Lalitha Suryanarayana
    Vice President Corporate Development & Strategy
  • Ms. Patricia A. Frost (Age 58)
    Senior VP and Chief People & Places Officer

STX Stock Analysis - Frequently Asked Questions

How have STX shares performed this year?

Seagate Technology's stock was trading at $85.37 on January 1st, 2024. Since then, STX stock has increased by 14.8% and is now trading at $97.98.
View the best growth stocks for 2024 here
.

How were Seagate Technology's earnings last quarter?

Seagate Technology Holdings plc (NASDAQ:STX) issued its quarterly earnings data on Tuesday, July, 23rd. The data storage provider reported $1.05 earnings per share for the quarter, topping analysts' consensus estimates of $0.76 by $0.29. The company's revenue was up 17.8% compared to the same quarter last year.
Read the conference call transcript
.

What is Dave Mosley's approval rating as Seagate Technology's CEO?

246 employees have rated Seagate Technology Chief Executive Officer Dave Mosley on Glassdoor.com. Dave Mosley has an approval rating of 68% among the company's employees.

Does Seagate Technology have any subsidiaries?

Seagate Technology subsidiaries include Lyve Minds Inc, Dot Hill Systems, EVault Inc, SandForce, Xyratex Ltd, LaCie, Samsung - Hard Disk Drive Business, and others.

Who are Seagate Technology's major shareholders?

Top institutional investors of Seagate Technology include Clearbridge Investments LLC (1.20%), Duquesne Family Office LLC (0.84%), Maverick Capital Ltd. (0.52%) and Bank of New York Mellon Corp (0.51%). Insiders that own company stock include William D Mosley, Gianluca Romano, Jeffrey D Nygaard, Katherine Schuelke, John Christopher Morris, Ban Seng Teh, Yolanda Lee Conyers, Holdings LP Valueact, Edward J Zander, Jay L Geldmacher, Stephen J Luczo, Mark Adams, Jeffrey D Fochtman and Ravi Naik.
View institutional ownership trends
.

How do I buy shares of Seagate Technology?

Shares of STX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Seagate Technology own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Seagate Technology investors own include Intel (INTC), Micron Technology (MU), Cisco Systems (CSCO), AT&T (T), Western Digital (WDC), Bank of America (BAC) and NVIDIA (NVDA).

This page (NASDAQ:STX) was last updated on 9/7/2024 by MarketBeat.com Staff

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