NASDAQ:STX Seagate Technology (STX) Stock Price, News & Analysis $87.31 -0.23 (-0.26%) (As of 12/20/2024 05:51 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Seagate Technology Stock (NASDAQ:STX) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Seagate Technology alerts:Sign Up Key Stats Today's Range$86.87▼$89.0150-Day Range$87.31▼$112.6452-Week Range$79.39▼$115.32Volume6.06 million shsAverage Volume2.53 million shsMarket Capitalization$18.47 billionP/E Ratio22.80Dividend Yield3.30%Price Target$118.83Consensus RatingHold Company OverviewSeagate 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.Read More… Seagate Technology Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks95th Percentile Overall ScoreSTX MarketRank™: Seagate Technology scored higher than 95% of companies evaluated by MarketBeat, and ranked 47th out of 652 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.2 / 5Analyst RatingHold Consensus RatingSeagate Technology has received a consensus rating of Hold. The company's average rating score is 2.47, and is based on 11 buy ratings, 6 hold ratings, and 2 sell ratings.Amount of Analyst CoverageSeagate Technology has been the subject of 7 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 and Valuation3.1 / 5Proj. Earnings Growth50.28% Earnings GrowthEarnings 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 MarketThe P/E ratio of Seagate Technology is 22.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.72.Price to Earnings Ratio vs. SectorThe P/E ratio of Seagate Technology is 22.80, 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 238.40. Short Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted5.53% of the float of Seagate Technology has been sold short.Short Interest Ratio / Days to CoverSeagate Technology has a short interest ratio ("days to cover") of 5.2.Change versus previous monthShort interest in Seagate Technology has recently increased by 0.69%, indicating that investor sentiment is decreasing. Dividend1.7 / 5Dividend StrengthWeak Dividend YieldSeagate Technology pays a meaningful dividend of 3.05%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSeagate Technology does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Seagate Technology is 75.20%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased 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. Sustainability and ESG1.9 / 5Environmental Score-2.07 Percentage of Shares Shorted5.53% of the float of Seagate Technology has been sold short.Short Interest Ratio / Days to CoverSeagate Technology has a short interest ratio ("days to cover") of 5.2.Change versus previous monthShort interest in Seagate Technology has recently increased by 0.69%, indicating that investor sentiment is decreasing. News and Social Media2.0 / 5News Sentiment0.53 News SentimentSeagate Technology has a news sentiment score of 0.53. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Seagate Technology this week, compared to 11 articles on an average week.Search InterestOnly 11 people have searched for STX on MarketBeat in the last 30 days. This is a decrease of -42% compared to the previous 30 days.MarketBeat Follows14 people have added Seagate Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn 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 $23,967,629.00 in company stock.Percentage Held by InsidersOnly 0.81% of the stock of Seagate Technology is held by insiders.Percentage Held by Institutions92.87% 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. Receive STX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Seagate Technology and its competitors with MarketBeat's FREE daily newsletter. Email Address STX Stock News HeadlinesInsider Selling: Seagate Technology Holdings plc (NASDAQ:STX) SVP Sells 141 Shares of StockDecember 14, 2024 | insidertrades.comData Guardians: 2 AI Storage Stocks Winning Big (STX)Discover two leading AI data storage stocks with strong growth potential. See how Seagate (STX) and Western Digital (WDC) stack up.December 12, 2024 | marketbeat.comIf you see ONE chart today… make it this one$1 Trillion… That’s how much Big Tech is set to spend on AI investment in the coming months—according to Goldman Sachs. This investment is driving an A.I. boom that’s being felt across many industries… Including a specific group of energy tickers since A.I. data centers use a massive amount of power. One of those tickers is CEG, up nearly 600% in the last 3 years… Combined with the upcoming presidential election, we have the recipe for a major shakeup in the market. You see, each time the U.S. elects a new president, one overlooked part of the energy sector tends to see a big move. Fact is… this energy niche is BOOMING.December 23, 2024 | ProsperityPub (Ad)Pure Storage Rides the AI Boom Even Higher in 2025 (STX)Pure Storage stock rises on AI-driven data storage demand and a top hyperscaler deal. Learn why analysts see growth potential amid strong earnings.December 10, 2024 | marketbeat.comSeagate Technology Holdings plc (NASDAQ:STX) Director Sells $76,365.00 in StockDecember 5, 2024 | insidertrades.comHere Are Billionaire Stanley Druckenmiller's 5 Biggest Stock HoldingsDecember 21 at 11:00 AM | fool.comMicron hit with NAND weakness in Q1 results, analysts lower targetsDecember 19, 2024 | msn.comSeagate Technology Holdings (STX): Are Hedge Funds Bullish On This Data Storage Stock Now?December 19, 2024 | msn.comSee More Headlines 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 shares have increased by 2.3% and is now trading at $87.31. View the best growth stocks for 2024 here. How were Seagate Technology's earnings last quarter? Seagate Technology Holdings plc (NASDAQ:STX) announced its quarterly earnings results on Tuesday, October, 22nd. The data storage provider reported $1.58 earnings per share for the quarter, topping the consensus estimate of $1.30 by $0.28. Seagate Technology's revenue for the quarter was up 49.1% on a year-over-year basis. Read the conference call transcript. Does Seagate Technology have any subsidiaries? 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. Who are Seagate Technology's major shareholders? Top institutional shareholders of Seagate Technology include Sanders Capital LLC (7.74%), State Street Corp (4.02%), FMR LLC (4.01%) and Geode Capital Management LLC (1.97%). 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. 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 NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), JPMorgan Chase & Co. (JPM), Verizon Communications (VZ) and Netflix (NFLX). Company Calendar Ex-Dividend for 10/7 Dividend9/23/2024Dividend Payable10/07/2024Last Earnings10/22/2024Ex-Dividend for 1/6 Dividend12/13/2024Today12/23/2024Dividend Payable1/06/2025Fiscal Year End6/30/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Computer storage devices Sub-IndustryComputer Hardware Current SymbolNASDAQ:STX CUSIPN/A CIK1137789 Webwww.seagate.com Phone(531) 234-3136Fax353-1661-2040Employees30,000Year Founded1979Price Target and Rating Average Stock Price Target$118.83 High Stock Price Target$150.00 Low Stock Price Target$65.00 Potential Upside/Downside+36.1%Consensus RatingHold Rating Score (0-4)2.47 Research Coverage19 Analysts Profitability EPS (Most Recent Fiscal Year)$3.83 Trailing P/E Ratio22.80 Forward P/E Ratio12.16 P/E GrowthN/ANet Income$335 million Net Margins11.34% Pretax Margin12.50% Return on Equity-32.19% Return on Assets6.98% Debt Debt-to-Equity RatioN/A Current Ratio1.14 Quick Ratio0.70 Sales & Book Value Annual Sales$7.27 billion Price / Sales2.54 Cash Flow$1.77 per share Price / Cash Flow49.21 Book Value($7.09) per share Price / Book-12.31Miscellaneous Outstanding Shares211,530,000Free Float209,817,000Market Cap$18.47 billion OptionableOptionable Beta1.03 Social Links 2025 Gold Forecast: A Perfect Storm for DemandUnlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. 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