What is Seagate Technology PLC's stock symbol?
Seagate Technology PLC trades on the NASDAQ under the ticker symbol "STX."
How often does Seagate Technology PLC pay dividends? What is the dividend yield for Seagate Technology PLC?
Seagate Technology PLC declared a quarterly dividend on Tuesday, January 24th. Stockholders of record on Wednesday, March 22nd will be given a dividend of $0.63 per share on Wednesday, April 5th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 5.32%. The ex-dividend date is Monday, March 20th.
Where is Seagate Technology PLC's stock going? Where will Seagate Technology PLC's stock price be in 2017?
27 equities research analysts have issued 12 month price targets for Seagate Technology PLC's stock. Their predictions range from $5.00 to $55.00. On average, they anticipate Seagate Technology PLC's share price to reach $41.42 in the next year.
When will Seagate Technology PLC announce their earnings?
Seagate Technology PLC is scheduled to release their next quarterly earnings announcement on Thursday, April, 27th 2017.
What are analysts saying about Seagate Technology PLC stock?
Here are some recent quotes from research analysts about Seagate Technology PLC stock:
- FBN Securities analysts commented, "We are raising our rating on STX from Sector Perform to Outperform and increasing our PT from $38 to $55. Under excellent execution over the past year, the company has successfully (and impressively) improved key financial metrics. For example, gross margin of 31.8% last quarter improved by over 600bp Y/Y and is now at the high-end of the company's LT target of 27-32%, NG opex of $457M grew by only 1% Y/Y as headcount of 44,882 declined by 10% (5,166) Y/Y, and NG operating margin of 16.0% grew by 5.5pp Y/Y. Importantly, the company's free cash flow of $561M more than doubled Y/Y, resulting in a TTM FCF yield of 9% with the stock price near $46 (around the current level). Note that even though the company expects its C2015 NG EPS to be at least $4.50, we are getting C2015 NG EPS of $5.10 (some 13% higher). Additionally, even though the stock has made a strong move over the past year, shares are still quite a bit below the late C2014 high of almost $70. STX also offers an attractive dividend as its quarterly dividend of $.63/share results in an annualized dividend yield of ~5-6%." (1/25/2017)
- Robert W. Baird analysts commented, "Seagate's earnings rebounded for the third consecutive quarter, driven by a continued, modest unit recovery and ASP stabilization, along with cost cutting. However, quarterly EPS likely peaked near term, and YoY ASP/capacity-per-drive comps will likely become more difficult a quarter from now." (1/25/2017)
- Jefferies Group LLC analysts commented, "Seagate reported robust FQ2 (Dec) results with EPS well above Consensus driven by revenue strength and robust gross margin. The company also raised EPS expectations for the March quarter and CY'17. Seagate attributed strong financial performance primarily to a focus on high-capacity products across the portfolio and to a lesser degree its cost restructuring activities. Reiterate Buy." (1/25/2017)
Brean Capital analysts commented, "Preliminary Sep Q OpEx was $470 million, 6 percent lower Y/Y but was 6 percent higher Q/Q. We believe STX Sep Q OpEx included ~$40 million in variable comps associated with higher revenue and better-aligned business model. Going forward, we believe STX OpEx run-rate should be flat Y/Y for the rest of FY17 ending June but should decline entering H2 '17." (10/12/2016)
According to Zacks Investment Research, "Seagate is the second-largest manufacturer of HDDs in the U.S. Estimates have been going up ahead of the company's Q1 earnings release. Seagate's recent decision to cut the global workforce will drive its bottom-line performance in the long run. We believe that it is a step in the right direction as the shrinking of the PC business necessitates measures to align costs accordingly. Going forward, the company should benefit from the strength in its hybrid drives. Also, it is focusing on the enterprise side, where it could acquire higher-margin businesses. Synergies from acquisitions and product innovations are other growth drivers." (10/5/2016)
Who owns Seagate Technology PLC stock?
Seagate Technology PLC's stock is owned by many different of retail and institutional investors. Top institutional shareholders include FMR LLC (11.30%), State Street Corp (3.69%), Two Sigma Investments LP (0.92%), Disciplined Growth Investors Inc. MN (0.84%), O Shaughnessy Asset Management LLC (0.61%) and Guggenheim Capital LLC (0.43%). Company insiders that own Seagate Technology PLC stock include Albert A Pimentel, David H Morton Jr, David H Morton, Jr, David K Richarz, Douglas J Dehaan, Edward J Zander, Frank Biondi, Malley Patrick J O, Mark Re, Philip G Brace, Stephen J Luczo and William D Mosley.
Who sold Seagate Technology PLC stock? Who is selling Seagate Technology PLC stock?
Seagate Technology PLC's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, O Shaughnessy Asset Management LLC, Hanlon Investment Management Inc., ZWJ Investment Counsel Inc., Oxford Asset Management, Smith Salley & Associates, New York State Teachers Retirement System and Jarislowsky Fraser Ltd. Company insiders that have sold Seagate Technology PLC stock in the last year include David H Morton Jr, David H Morton, Jr, Frank Biondi and Mark Re.
Who bought Seagate Technology PLC stock? Who is buying Seagate Technology PLC stock?
Seagate Technology PLC's stock was acquired by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Ardevora Asset Management LLP, State Street Corp, Systematic Financial Management LP, Janus Capital Management LLC, Russell Investments Group Ltd., Guggenheim Capital LLC and Thrivent Financial for Lutherans. Company insiders that have bought Seagate Technology PLC stock in the last two years include Philip G Brace and Stephen J Luczo.
How do I buy Seagate Technology PLC stock?
Shares of Seagate Technology PLC can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Seagate Technology PLC stock cost?
One share of Seagate Technology PLC stock can currently be purchased for approximately $47.39.