Most-Upgraded StocksMost-UpgradedNASDAQ:STX Seagate Technology (STX) Stock Price, News & Analysis $104.74 +0.62 (+0.60%) (As of 09/20/2024 08:55 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 Key Stats Today's Range$103.83▼$105.8050-Day Range$92.10▼$109.5352-Week Range$63.32▼$113.57Volume5.50 million shsAverage Volume2.57 million shsMarket Capitalization$21.99 billionP/E RatioN/ADividend Yield2.67%Price Target$115.94Consensus 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… [SHOCKING] Crypto Document Leak… (Ad)A shocking leak has revealed Japanese electronics giant Sony is now starting its own blockchain. This move is being made in preparation to onboard all of Sony products (including Sony's Playstation, which captured a record 62% share of the global gaming console market in 2024). Enthusiasts and experts are buzzing with anticipation qnd one little-known crypto coin is poised for RAPID growth as we see this all unfold.Click here to review my research and unique strategy to score potential profits from this under-the- Seagate Technology Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 89th PercentileSeagate Technology scored higher than 89% of companies evaluated by MarketBeat, and ranked 36th out of 339 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.2 / 5Analyst RatingHold Consensus RatingSeagate Technology has received a consensus rating of Hold. The company's average rating score is 2.45, and is based on 11 buy ratings, 7 hold ratings, and 2 sell ratings.Amount of Analyst CoverageSeagate Technology has been the subject of 16 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 Valuation1.9 / 5Proj. Earnings Growth48.07% Earnings GrowthEarnings for Seagate Technology are expected to grow by 48.07% in the coming year, from $6.72 to $9.95 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Seagate Technology is -81.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Seagate Technology is -81.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Read more about Seagate Technology's valuation and earnings. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted5.48% 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 4.8.Change versus previous monthShort interest in Seagate Technology has recently decreased by 2.13%, indicating that investor sentiment is improving. Dividend1.7 / 5Dividend StrengthWeak Dividend YieldSeagate Technology pays a meaningful dividend of 2.77%, 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 SustainabilityBased on earnings estimates, Seagate Technology will have a dividend payout ratio of 28.14% 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-2.09 Percentage of Shares Shorted5.48% 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 4.8.Change versus previous monthShort interest in Seagate Technology has recently decreased by 2.13%, indicating that investor sentiment is improving. News and Social Media2.3 / 5News Sentiment1.18 News SentimentSeagate Technology has a news sentiment score of 1.18. 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 higher news sentiment than the 0.52 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Seagate Technology this week, compared to 9 articles on an average week.Search InterestOnly 18 people have searched for STX on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added Seagate Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of -56% 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 $5,489,495.00 in company stock.Percentage Held by InsidersOnly 0.89% 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. STX Stock News HeadlinesMicron Technology: 4 Reasons to Buy the 44% Price Dip (STX)Memory chip maker Micron Technology Inc. (NASDAQ: MU) was the toast of the town when its stock was trading at $157.41 on June 18, 2024.September 17, 2024 | marketbeat.comSeagate Technology Holdings plc (NASDAQ:STX) Director Sells $72,075.00 in StockSeptember 6, 2024 | insidertrades.comThe $15 Stock Powering NVIDIA, TESLA and MicrosoftThe Biggest AI firms in the world...Tesla... Microsoft... NVIDIA... Are all relying on a little-known supplier, which provides a crucial building block for AI.September 23, 2024 | Behind the Markets (Ad)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.September 3, 2024 | marketbeat.comSeagate Technology Holdings plc (NASDAQ:STX) Announces $0.70 Quarterly DividendSeptember 22 at 7:33 AM | americanbankingnews.comSeagate Technology: Recent Performance Creates Intriguing Buying Opportunity (Rating Upgrade)September 18, 2024 | seekingalpha.com3 More AI Stocks to “Buy the Dip”September 15, 2024 | investorplace.comBuy Rating Affirmed for Seagate Tech Amid Strong Financial Outlook and Strategic FocusSeptember 12, 2024 | markets.businessinsider.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 stock has increased by 22.7% and is now trading at $104.74. View the best growth stocks for 2024 here. How were Seagate Technology's earnings last quarter? Seagate Technology Holdings plc (NASDAQ:STX) issued its earnings results on Tuesday, July, 23rd. The data storage provider reported $1.05 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.76 by $0.29. The business's quarterly revenue was up 17.8% on a year-over-year basis. Read the conference call transcript. 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? Seagate Technology's top institutional shareholders 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). Company Calendar Ex-Dividend for 7/5 Dividend6/20/2024Dividend Payable7/05/2024Last Earnings7/23/2024Today9/22/2024Ex-Dividend for 10/7 Dividend9/23/2024Dividend Payable10/07/2024Next Earnings (Estimated)10/24/2024Fiscal Year End6/30/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services 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$115.94 High Stock Price Target$142.00 Low Stock Price Target$65.00 Potential Upside/Downside+10.7%Consensus RatingHold Rating Score (0-4)2.45 Research Coverage20 Analysts Profitability EPS (Most Recent Fiscal Year)($1.29) Trailing P/E RatioN/A Forward P/E Ratio15.59 P/E GrowthN/ANet Income$335 million Net Margins5.11% Pretax Margin6.79% Return on Equity-8.41% Return on Assets1.99% Debt Debt-to-Equity RatioN/A Current Ratio1.08 Quick Ratio0.68 Sales & Book Value Annual Sales$6.55 billion Price / Sales3.36 Cash Flow$2.01 per share Price / Cash Flow52.13 Book Value($7.09) per share Price / Book-14.77Miscellaneous Outstanding Shares209,989,000Free Float208,120,000Market Cap$21.99 billion OptionableOptionable Beta1.03 Social Links This page (NASDAQ:STX) was last updated on 9/23/2024 by MarketBeat.com Staff From Our PartnersThe election trade you can't losePolitics is an unpredictable game. 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