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NASDAQ:STX

Seagate Technology (STX) Stock Price, News & Analysis

Seagate Technology logo
$108.18 +6.93 (+6.84%)
Closing price 04:00 PM Eastern
Extended Trading
$108.10 -0.09 (-0.08%)
As of 04:59 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Seagate Technology Stock (NASDAQ:STX)

Key Stats

Today's Range
$105.86
$111.91
50-Day Range
$86.31
$103.16
52-Week Range
$82.31
$115.32
Volume
9.79 million shs
Average Volume
3.87 million shs
Market Capitalization
$22.88 billion
P/E Ratio
28.25
Dividend Yield
2.66%
Price Target
$122.56
Consensus Rating
Moderate Buy

Company Overview

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.

Seagate Technology Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
94th Percentile Overall Score

STX MarketRank™: 

Seagate Technology scored higher than 94% of companies evaluated by MarketBeat, and ranked 122nd out of 680 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Seagate Technology has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 13 buy ratings, 5 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Seagate Technology has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Seagate Technology's stock forecast and price target.
  • Earnings Growth

    Earnings for Seagate Technology are expected to grow by 50.28% in the coming year, from $7.18 to $10.79 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Seagate Technology is 28.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.60.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Seagate Technology is 28.57, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 237.55.

  • Percentage of Shares Shorted

    5.91% of the float of Seagate Technology has been sold short.
  • Short Interest Ratio / Days to Cover

    Seagate Technology has a short interest ratio ("days to cover") of 5.
  • Change versus previous month

    Short interest in Seagate Technology has recently decreased by 4.75%, indicating that investor sentiment is improving.
  • Dividend Yield

    Seagate Technology pays a meaningful dividend of 2.95%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Seagate Technology does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Seagate Technology is 75.20%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on earnings estimates, Seagate Technology will have a dividend payout ratio of 26.69% next year. This indicates that Seagate Technology will be able to sustain or increase its dividend.

  • Read more about Seagate Technology's dividend.
  • Percentage of Shares Shorted

    5.91% of the float of Seagate Technology has been sold short.
  • Short Interest Ratio / Days to Cover

    Seagate Technology has a short interest ratio ("days to cover") of 5.
  • Change versus previous month

    Short interest in Seagate Technology has recently decreased by 4.75%, indicating that investor sentiment is improving.
  • News Sentiment

    Seagate Technology has a news sentiment score of 0.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 66 news articles for Seagate Technology this week, compared to 12 articles on an average week.
  • Search Interest

    23 people have searched for STX on MarketBeat in the last 30 days. This is an increase of 109% compared to the previous 30 days.
  • MarketBeat Follows

    Only 12 people have added Seagate Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of -14% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Seagate Technology insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,656,238.00 in company stock.

  • Percentage Held by Insiders

    Only 0.81% of the stock of Seagate Technology is held by insiders.

  • Percentage Held by Institutions

    92.87% of the stock of Seagate Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Seagate Technology's insider trading history.
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STX Stock News Headlines

January 29th - the next big trading catalyst to watch
Mark your calendar for January 29th. Because on that day, I believe we could see a $2 Trillion shock INTO the market… Unleashing more explosive moves than ever before.
New Buy Rating for Seagate Tech (STX), the Technology Giant
Seagate reports Q2 EPS $2.03, consensus $1.88
See More Headlines

STX Stock Analysis - Frequently Asked Questions

Seagate Technology's stock was trading at $86.31 on January 1st, 2025. Since then, STX stock has increased by 26.3% and is now trading at $109.01.
View the best growth stocks for 2025 here
.

Seagate Technology Holdings plc (NASDAQ:STX) announced its earnings results on Tuesday, October, 22nd. The data storage provider reported $1.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.30 by $0.28. The business's quarterly revenue was up 49.1% compared to the same quarter last year.
Read the conference call transcript
.

The following companies are subsidiaries of Seagate Technology: Lyve Minds Inc, Dot Hill Systems, EVault Inc, SandForce, Xyratex Ltd, LaCie, Samsung - Hard Disk Drive Business, and others.

Seagate Technology's top institutional investors include Portman Square Capital LLP, CHURCHILL MANAGEMENT Corp (0.09%), CCM Investment Advisers LLC (0.07%) and Janney Montgomery Scott LLC (0.04%). Insiders that own company stock include William D Mosley, Gianluca Romano, Jeffrey D Nygaard, Katherine Schuelke, Ban Seng Teh, John Christopher Morris, Yolanda Lee Conyers, Jay L Geldmacher, Holdings LP Valueact, Edward J Zander, Kian Fatt Chong and Stephen J Luczo.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Seagate Technology investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), JPMorgan Chase & Co. (JPM), Verizon Communications (VZ) and Netflix (NFLX).

Company Calendar

Last Earnings
10/22/2024
Ex-Dividend for 1/6 Dividend
12/13/2024
Dividend Payable
1/06/2025
Today
1/22/2025
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
$120.71
High Stock Price Target
$150.00
Low Stock Price Target
$65.00
Potential Upside/Downside
+19.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
18 Analysts

Profitability

Net Income
$335 million
Pretax Margin
12.50%

Debt

Sales & Book Value

Annual Sales
$6.55 billion
Cash Flow
$2.02 per share
Book Value
($7.09) per share

Miscellaneous

Free Float
209,817,000
Market Cap
$21.42 billion
Optionable
Optionable
Beta
1.06

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This page (NASDAQ:STX) was last updated on 1/22/2025 by MarketBeat.com Staff
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