Ready to Jump After Recent Trade: Seagate Technology Holdings Plc (STX)

With 2.87 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.85 million shares. During the session, the Computer Hardware company that operates in wider Technology sector, reached to the highest price of $98.92 whereas the lowest price it dropped to was $96.79. The 52-week range on STX shows that it touched its highest point at $101.26 and its lowest point at $57.06 during that stretch. It currently has a 1-year price target of $98.54. With its current market cap of 20.73 billion, STX has annualized dividend of $2.80 while the current yield stands at 2.84%. STX paid its most recent dividend on 1710892800, while the ex-dividend date for that was 1718841600. Beta for the stock currently stands at 1.06.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of STX was up-trending over the past week, with a rise of 9.63%, but this was up by 17.97% over a month. Three-month performance surged to 13.72% while six-month performance rose 36.22%. The stock gained 61.68% in the past year, while it has gained 15.64% so far this year. A look at the trailing 12-month EPS for STX yields -1.30 with Next year EPS estimates of 5.66. For the next quarter, that number is 0.71. This implies an EPS growth rate of 401.24% for this year and 494.43% for next year.

Float and Shares Shorts:

At present, 209.99 million STX shares are outstanding with a float of 208.85 million shares on hand for trading. On 2024-04-30, short shares totaled 10.12 million, which was 482.0 higher than short shares on 1711584000. In addition to Dr. William David Mosley as the firm’s CEO & Director, Mr. Gianluca Romano serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 0.93397003 of STX’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-29, STX reported revenue of $1655000000.0 and operating income of $145000000.0. The EBITDA in the recently reported quarter was $205000000.0 and diluted EPS was $0.12.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for STX since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.