Seagate Technology PLC Company Profile (NASDAQ:STX)

About Seagate Technology PLC

Seagate Technology PLC logoSeagate Technology public limited company is a provider of electronic data storage technology and solutions. The Company's principal products are hard disk drives (HDDs). In addition to HDDs, it produces a range of electronic data storage products, including solid state hybrid drives, solid state drives, peripheral component interconnect express (PCIe) cards and serial advanced technology architecture (SATA) controllers. Its storage technology portfolio also includes storage subsystems and high performance computing solutions. Its products are designed for applications in enterprise servers and storage systems, client compute applications and client non-compute applications. It designs, fabricates and assembles various components found in its disk drives, including read/write heads and recording media. Its design and manufacturing operations are based on technology platforms that are used to produce various disk drive products that serve multiple data storage applications and markets.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Data Storage Devices
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: STX
  • CUSIP:
Key Metrics:
  • Previous Close: $34.24
  • 50 Day Moving Average: $36.36
  • 200 Day Moving Average: $29.12
  • 52-Week Range: $18.42 - $40.91
  • Trailing P/E Ratio: 27.11
  • Foreward P/E Ratio: 9.13
  • P/E Growth: 1.08
  • Market Cap: $10.24B
  • Outstanding Shares: 299,000,000
  • Beta: 2.5
  • Net Margins: 3.45%
  • Return on Equity: 49.42%
  • Return on Assets: 9.65%
  • Debt-to-Equity Ratio: 2.69%
  • Current Ratio: 1.51%
  • Quick Ratio: 1.18%
Additional Links:
Companies Related to Seagate Technology PLC:

Analyst Ratings

Consensus Ratings for Seagate Technology PLC (NASDAQ:STX) (?)
Ratings Breakdown: 1 Sell Rating, 19 Hold Ratings, 5 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Hold (Score: 2.23)
Consensus Price Target: $38.52 (12.50% upside)

Analysts' Ratings History for Seagate Technology PLC (NASDAQ:STX)
DateFirmActionRatingPrice TargetDetails
10/22/2016BMO Capital MarketsReiterated RatingMarket Perform$31.00 -> $33.00View Rating Details
10/22/2016Robert W. BairdReiterated RatingNeutral$37.00View Rating Details
10/22/2016SusquehannaReiterated RatingNeutral$35.00 -> $38.00View Rating Details
10/20/2016Brean CapitalSet Price TargetBuy$50.00View Rating Details
10/20/2016Benchmark Co.UpgradeBuyView Rating Details
10/20/2016Needham & Company LLCBoost Price TargetStrong-Buy$43.00 -> $47.00View Rating Details
10/13/2016Deutsche Bank AGReiterated RatingHold$35.00View Rating Details
10/13/2016Citigroup Inc.Reiterated RatingNeutralView Rating Details
10/12/2016Maxim GroupBoost Price TargetHold$35.00 -> $36.00View Rating Details
10/12/2016Morgan StanleyReiterated RatingEqual Weight$30.00 -> $36.00View Rating Details
10/11/2016Jefferies GroupReiterated RatingBuy$38.00 -> $44.00View Rating Details
10/11/2016Seaport Global SecuritiesBoost Price TargetUnderweight -> Neutral$44.00View Rating Details
10/11/2016Cowen and CompanyBoost Price TargetMarket Perform$32.00 -> $36.00View Rating Details
10/11/2016FBN SecuritiesBoost Price TargetSector Perform$33.00 -> $38.00View Rating Details
10/11/2016JPMorgan Chase & Co.UpgradeUnderweight -> Neutral$20.00 -> $38.00View Rating Details
10/6/2016BTIG ResearchReiterated RatingBuy$36.00 -> $45.00View Rating Details
10/3/2016RBC Capital MarketsReiterated RatingSector Perform$34.00 -> $40.00View Rating Details
10/3/2016Royal Bank Of CanadaBoost Price TargetSector Perform$34.00 -> $40.00View Rating Details
9/29/2016Barclays PLCReiterated RatingEqual Weight$36.00 -> $40.00View Rating Details
9/13/2016Bank of America Corp.Reiterated RatingSell$28.00View Rating Details
9/13/2016Stifel NicolausReiterated RatingHold$35.00View Rating Details
9/12/2016Goldman Sachs Group Inc.Boost Price TargetNeutral$29.00 -> $36.00View Rating Details
9/7/2016Craig HallumBoost Price TargetBuy$37.00 -> $50.00View Rating Details
8/16/2016ArgusReiterated RatingHoldView Rating Details
8/2/2016MizuhoBoost Price TargetNeutral$23.00 -> $31.00View Rating Details
7/7/2016Wells Fargo & Co.Reiterated RatingMarket Perform$23.50View Rating Details
10/18/2015KeyCorpDowngradeHoldView Rating Details
10/8/2015S&P Equity ResearchReiterated RatingStrong-BuyView Rating Details
9/28/2015Sterne Agee CRTInitiated CoverageNeutral$50.00View Rating Details
8/28/2015Cross ResearchUpgradeHold -> BuyView Rating Details
8/2/2015FBR & CoReiterated RatingSector Perform$50.00 -> $55.00View Rating Details
7/28/2015Longbow ResearchReiterated RatingNeutralView Rating Details
7/14/2015Pacific CrestReiterated RatingBuy$65.00 -> $56.00View Rating Details
5/4/2015Oppenheimer Holdings Inc.Reiterated RatingOutperform$60.00 -> $66.00View Rating Details
(Data available from 10/28/2014 forward)


Earnings History for Seagate Technology PLC (NASDAQ:STX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/19/2016Q117$0.79$0.99$2.79 billion$2.80 billionViewListenView Earnings Details
8/2/2016Q416$0.60$0.69$2.32 billion$2.65 billionViewN/AView Earnings Details
4/29/2016Q316$0.43$0.22$2.62 billion$2.60 billionViewListenView Earnings Details
1/29/2016Q216$0.71$0.82$2.96 billion$2.99 billionViewListenView Earnings Details
10/30/2015Q116$0.50$0.54$3.03 billion$2.93 billionViewListenView Earnings Details
7/31/2015Q415$0.65$0.77$3.19 billion$2.90 billionViewListenView Earnings Details
4/17/2015Q315$1.08$1.08$3.43 billion$3.30 billionViewN/AView Earnings Details
1/26/2015Q215$1.34$1.35$3.73 billion$3.70 billionViewN/AView Earnings Details
10/27/2014Q1$1.25$1.34$3.62 billion$3.80 billionViewListenView Earnings Details
7/17/2014Q414$1.09$1.10$3.32 billion$3.30 billionViewListenView Earnings Details
4/29/2014Q314$1.25$1.34$3.42 billion$3.40 billionViewListenView Earnings Details
1/27/2014Q214$1.39$1.32$3.56 billion$3.53 billionViewListenView Earnings Details
10/28/2013Q114$1.30$1.16$3.55 billion$3.49 billionViewListenView Earnings Details
7/24/2013Q4 2013$1.18$1.20$3.42 billion$3.43 billionViewListenView Earnings Details
5/1/2013Q3 2013$1.16$1.26$3.38 billion$3.53 billionViewListenView Earnings Details
1/28/2013Q2 2013$1.27$1.38$3.53 billion$3.67 billionViewN/AView Earnings Details
10/31/2012$1.70$1.45ViewN/AView Earnings Details
7/30/2012$2.53$2.41ViewN/AView Earnings Details
4/17/2012$2.10$2.64ViewN/AView Earnings Details
1/31/2012$1.08$1.32ViewN/AView Earnings Details
10/20/2011$0.31$0.34ViewN/AView Earnings Details
7/20/2011$0.25$0.28ViewN/AView Earnings Details
4/19/2011$0.27$0.25ViewN/AView Earnings Details
1/19/2011$0.33$0.70ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Seagate Technology PLC (NASDAQ:STX)
Current Year EPS Consensus Estimate: $3.71 EPS
Next Year EPS Consensus Estimate: $3.75 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$1.06$1.07$1.07
Q2 20162$0.74$1.12$0.93
Q3 20161$1.28$1.28$1.28
(Data provided by Zacks Investment Research)


Current Dividend Information for Seagate Technology PLC (NASDAQ:STX)
Annual Dividend:$2.52
Dividend Yield:7.36%
Payout Ratio:200.00% (Based on Trailing 12 Months of Earnings)
67.92% (Based on Current Year Consensus EPS Estimate)
67.20% (Based on Next Year Consensus EPS Estimate)

Dividend History for Seagate Technology PLC (NASDAQ:STX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Seagate Technology PLC (NASDAQ:STX)
Insider Ownership Percentage: 1.50%
Institutional Ownership Percentage: 83.93%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/14/2016David H Morton JrCFOSell1,716$36.16$62,050.56View SEC Filing  
9/13/2016David H. Morton, Jr.CFOSell2,773$35.98$99,772.54View SEC Filing  
8/31/2016Mark ReSVPSell5,800$33.58$194,764.00View SEC Filing  
8/24/2016Mark ReSVPSell12,750$31.84$405,960.00View SEC Filing  
8/9/2016Frank BiondiDirectorSell1,251$32.45$40,594.95View SEC Filing  
8/9/2016Mark ReSVPSell3,082$32.50$100,165.00View SEC Filing  
6/6/2016David H Morton JrCFOSell8,038$23.79$191,224.02View SEC Filing  
5/6/2016Frank BiondiDirectorSell12,919$18.98$245,202.62View SEC Filing  
5/3/2016Stephen J LuczoCEOBuy200,000$20.08$4,016,000.00View SEC Filing  
2/18/2016Edward J. ZanderDirectorSell28,200$31.83$897,606.00View SEC Filing  
2/2/2016Philip G BraceInsiderBuy5,000$29.10$145,500.00View SEC Filing  
2/2/2016Stephen J LuczoCEOBuy200,000$30.17$6,034,000.00View SEC Filing  
11/4/2015David H. Morton, Jr.CFOSell3,178$38.94$123,751.32View SEC Filing  
9/14/2015Malley Patrick J OCFOSell6,993$48.28$337,622.04View SEC Filing  
8/25/2015Mark ReSVPSell115,334$48.75$5,622,532.50View SEC Filing  
8/14/2015Albert A PimentelInsiderSell10,000$51.67$516,700.00View SEC Filing  
6/5/2015Stephen J LuczoCEOSell10,000$54.14$541,400.00View SEC Filing  
4/27/2015David H Morton JrSVPSell6,179$58.42$360,977.18View SEC Filing  
4/27/2015Douglas J DehaanInsiderSell10,179$58.37$594,148.23View SEC Filing  
4/24/2015David K RicharzEVPSell7,625$58.20$443,775.00View SEC Filing  
4/24/2015Stephen J LuczoCEOSell10,000$58.45$584,500.00View SEC Filing  
4/23/2015Albert A PimentelInsiderSell11,830$58.99$697,851.70View SEC Filing  
4/10/2015William D MosleyInsiderSell58,581$55.51$3,251,831.31View SEC Filing  
3/9/2015Mark ReSVPSell914$57.19$52,271.66View SEC Filing  
3/9/2015Stephen J LuczoCEOSell10,000$57.46$574,600.00View SEC Filing  
2/23/2015Stephen J LuczoCEOSell50,000$61.87$3,093,500.00View SEC Filing  
2/12/2015Kenneth M MassaroniCAOSell9,250$61.44$568,320.00View SEC Filing  
2/4/2015David K RicharzEVPSell17,753$60.10$1,066,955.30View SEC Filing  
2/4/2015Stephen J LuczoCEOSell100,000$60.10$6,010,000.00View SEC Filing  
1/29/2015Gregorio ReyesDirectorSell1,459$57.08$83,279.72View SEC Filing  
1/27/2015Stephen J LuczoCEOSell10,000$57.11$571,100.00View SEC Filing  
1/2/2015William D MosleyEVPSell58,581$66.12$3,873,375.72View SEC Filing  
12/22/2014Stephen J LuczoCEOSell10,000$68.33$683,300.00View SEC Filing  
12/9/2014William D MosleyEVPSell58,581$65.53$3,838,812.93View SEC Filing  
11/24/2014Jay L GeldmacherDirectorSell5,000$66.00$330,000.00View SEC Filing  
11/18/2014Albert A PimentelEVPSell50,000$64.64$3,232,000.00View SEC Filing  
11/17/2014Albert A PimentelEVPSell10,000$63.90$639,000.00View SEC Filing  
11/14/2014David K RicharzEVPSell17,592$62.44$1,098,444.48View SEC Filing  
11/4/2014David K RicharzEVPSell25,372$64.35$1,632,688.20View SEC Filing  
11/4/2014Stephen J LuczoCEOSell383,813$62.32$23,919,226.16View SEC Filing  
11/3/2014Malley Patrick J OCFOSell13,230$63.34$837,988.20View SEC Filing  
10/31/2014David K RicharzEVPSell65,417$61.88$4,048,003.96View SEC Filing  
10/30/2014David H Morton JrSVPSell6,794$60.00$407,640.00View SEC Filing  
9/15/2014Douglas J DehaanInsiderSell4,024$59.69$240,192.56View SEC Filing  
9/15/2014Kenneth M MassaroniCAOSell1,256$59.49$74,719.44View SEC Filing  
9/15/2014Malley Patrick J OCFOSell68,240$59.10$4,032,984.00View SEC Filing  
9/15/2014Mark ReSVPSell3,889$59.39$230,967.71View SEC Filing  
9/11/2014Albert A PimentelEVPSell5,916$60.64$358,746.24View SEC Filing  
9/11/2014Kenneth M MassaroniCAOSell4,975$60.72$302,082.00View SEC Filing  
9/11/2014Malley Patrick J OCFOSell5,913$60.68$358,800.84View SEC Filing  
9/11/2014Mark ReSVPSell3,158$60.62$191,437.96View SEC Filing  
9/10/2014David H Morton JrSVPSell506$61.23$30,982.38View SEC Filing  
9/10/2014Kenneth M MassaroniCAOSell2,054$61.13$125,561.02View SEC Filing  
9/10/2014Malley Patrick J OCFOSell2,738$60.93$166,826.34View SEC Filing  
9/10/2014William D MosleyEVPSell2,811$61.19$172,005.09View SEC Filing  
8/29/2014Kenneth M MassaroniCAOSell7,500$62.24$466,800.00View SEC Filing  
8/25/2014Malley Patrick J OCFOSell62,916$60.89$3,830,955.24View SEC Filing  
8/21/2014Chong Sup ParkDirectorSell4,251$60.02$255,145.02View SEC Filing  
8/6/2014Stephen J LuczoCEOSell50,000$56.60$2,830,000.00View SEC Filing  
8/4/2014Stephen J LuczoCEOSell11,230$58.27$654,372.10View SEC Filing  
7/25/2014David K RicharzEVPSell25,650$59.56$1,527,714.00View SEC Filing  
7/25/2014Frank BiondiDirectorSell10,000$59.55$595,500.00View SEC Filing  
7/24/2014David H Morton JrSVPSell1,719$59.10$101,592.90View SEC Filing  
7/24/2014Stephen J LuczoCEOSell150,000$59.01$8,851,500.00View SEC Filing  
5/13/2014Stephen LuczoCEOSell54,345$50.28$2,732,466.60View SEC Filing  
5/6/2014Douglas DehaanInsiderSell15,490$50.64$784,413.60View SEC Filing  
5/6/2014Lydia Micheaux MarshallDirectorSell10,626$50.34$534,912.84View SEC Filing  
4/1/2014Stephen LuczoCEOSell100,000$57.00$5,700,000.00View SEC Filing  
3/10/2014Mark ReSVPSell1,034$50.14$51,844.76View SEC Filing  
2/14/2014Albert PimentelInsiderSell10,000$50.01$500,100.00View SEC Filing  
2/14/2014David RicharzEVPSell5,300$49.61$262,933.00View SEC Filing  
2/7/2014Michael CannonDirectorSell25,228$49.91$1,259,129.48View SEC Filing  
2/6/2014Stephen LuczoCEOSell60,000$49.05$2,943,000.00View SEC Filing  
2/4/2014Jay GeldmacherDirectorSell4,000$49.76$199,040.00View SEC Filing  
1/30/2014Chong Sup ParkDirectorSell2,270$53.54$121,535.80View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Seagate Technology PLC (NASDAQ:STX)
DateHeadline logoShould Seagate Technology (STX) Be On Your Radar Now? (NASDAQ:STX) - October 27 at 12:38 PM
News IconSeagate Technology plc (NASDAQ:STX) Upcoming Earnings: What matter for investors? (NASDAQ:STX) - October 26 at 7:31 PM logoSeagate to Participate in Investor Event (NASDAQ:STX) - October 26 at 7:31 PM logoBlog Coverage Seagate Launches Sixth Gen Hi Speed Enterprise Performance HDD (NASDAQ:STX) - October 26 at 11:08 AM
News IconSeagate Technology PLC (STX) Given "Neutral" Rating at Robert W. Baird (NASDAQ:STX) - October 25 at 10:51 AM logoSeagate Launches World’s Fastest Hard Drive for Mission Critical Applications (NASDAQ:STX) - October 25 at 10:51 AM
News IconSeagate Technology PLC (STX) PT Raised to $47.00 - DailyQuint (NASDAQ:STX) - October 24 at 7:11 PM
News IconAnalyst Sights on Price Target: Seagate Technology PLC (NASDAQ:STX) - Post Registrar (NASDAQ:STX) - October 24 at 7:11 PM logoSeagate Technology Holds Annual Shareholder Meeting, Announces Michael R. Cannon Appointed Lead Independent Director (NASDAQ:STX) - October 24 at 7:11 PM logoWestern Digital Q3 Earnings Could Show Rebound In Disk Drive Market (NASDAQ:STX) - October 24 at 7:11 PM
News IconData Storage Devices: Seagate Technology plc (NASDAQ:STX) Position of the day (NASDAQ:STX) - October 23 at 11:32 AM logoSeagate Technology public limited company Reiterated as Strong Buy: Needham - TCC (NASDAQ:STX) - October 22 at 11:32 AM logoTime to Try Seagate Technology PLC Stock for Value (STX) - (NASDAQ:STX) - October 22 at 11:32 AM
News IconSeagate Technology PLC (STX) Stake Raised by Smith Salley & Associates (NASDAQ:STX) - October 21 at 7:32 PM logoSeagate Technology Plc (NASDAQ:STX) Files An 8-K (NASDAQ:STX) - October 21 at 11:06 AM logoLooking for Value? Why It Might Be Time to Try Seagate Technology (STX) (NASDAQ:STX) - October 21 at 11:06 AM
News IconSeagate Technology plc (NASDAQ:STX) from Data Storage Devices – Todays Top Gains (NASDAQ:STX) - October 21 at 11:06 AM
News IconAppraising The Value of These Shares: Seagate Technology plc (NASDAQ:STX) - CSZ News (NASDAQ:STX) - October 20 at 7:49 PM
News IconBenchmark Co. Upgrades Seagate Technology (STX) to Buy, Anticipating Good Upside Potential - Analyst Ratings (NASDAQ:STX) - October 20 at 7:49 PM logoSeagate: End of the Bear Case Against the Dividend, Says Needham (NASDAQ:STX) - October 20 at 12:40 PM logoSeagate Technology PLC (STX) Stock Is NOT a Contrarian Buy (NASDAQ:STX) - October 19 at 12:57 PM logoSeagate Technology PLC Reports 81% Increase In Q1 Profit (NASDAQ:STX) - October 19 at 11:14 AM
News IconTop Gainers of the Day: Seagate Technology plc (NASDAQ:STX) from Data Storage Devices (NASDAQ:STX) - October 19 at 11:14 AM
News IconSeagate Technology plc (STX) To Report June 2016 Results (NASDAQ:STX) - October 19 at 11:14 AM
News IconSeagate Technology PLC (STX) Upgraded to Neutral by JPMorgan Chase & Co (NASDAQ:STX) - October 19 at 11:14 AM
News IconSeagate Technology PLC (STX) Given Hold Rating at Deutsche Bank AG (NASDAQ:STX) - October 19 at 11:14 AM
News IconUpdate on Seagate Technology plc (NASDAQ:STX) for the day (NASDAQ:STX) - October 18 at 11:47 AM logoHow Do Analysts View Seagate Technology? (NASDAQ:STX) - October 18 at 11:47 AM logoWhat Do Analysts Recommend for Western Digital? (NASDAQ:STX) - October 18 at 11:47 AM logoWhat to Expect When Seagate Technology (STX) Reports Q1 Earnings (NASDAQ:STX) - October 17 at 7:22 PM logoWestern Digital, Seagate Get Price-Target Hikes; PC Outlook Better (NASDAQ:STX) - October 17 at 7:22 PM logoWestern Digital, Seagate Get Price-Target Hikes, PC Outlook Better (NASDAQ:STX) - October 17 at 7:22 PM logoWill Seagate’s Hard Drive Shipments Improve in Fiscal 1Q17? (NASDAQ:STX) - October 17 at 11:01 AM logoShould You Sell Seagate Technology (STX) Before Earnings? (NASDAQ:STX) - October 17 at 11:01 AM logoWill Hard Drive Shipments Fall for Seagate and Western Digital? (NASDAQ:STX) - October 17 at 11:01 AM
News IconLeading stocks in today’s market: Seagate Technology plc (NASDAQ:STX) (NASDAQ:STX) - October 16 at 11:26 AM
News IconStocks in the News - Mast Therapeutics, (NYSEMKT:MSTX), Seagate Technology, (NASDAQ:STX) - Money News (NASDAQ:STX) - October 15 at 7:03 PM
News IconSeagate Technology plc (NASDAQ: STX) - Analysis of a Large Market Cap Stock (NASDAQ:STX) - October 15 at 11:28 AM
News IconSeagate Technology PLC (STX) Stock Rating Reaffirmed by Morgan Stanley (NASDAQ:STX) - October 15 at 11:28 AM logoSeagate (STX) to Report Q1 Earnings: A Beat in the Cards? - Nasdaq (NASDAQ:STX) - October 14 at 7:20 PM
News IconHottest European Stocks Now: Seagate Technology plc (STX ... - The Independent Republic (NASDAQ:STX) - October 14 at 7:20 PM logoWhat Do Analysts Expect from Seagate’s Fiscal 1Q17 Earnings? (NASDAQ:STX) - October 14 at 7:20 PM logoSeagate (STX) to Report Q1 Earnings: A Beat in the Cards? (NASDAQ:STX) - October 14 at 10:49 AM
News IconSeagate Technology PLC 21.1% Potential Upside Now Implied by Needham (NASDAQ:STX) - October 13 at 7:43 PM logoTop Dividend Paying Technology Stocks for Q4 2016 (NASDAQ:STX) - October 13 at 7:43 PM logoDish Network Becomes #19 Most Shorted Nasdaq 100 Component, Replacing Seagate Technology (NASDAQ:STX) - October 13 at 11:26 AM logoSeagate's Preliminary Q1 Revenue Tops Estimates (NASDAQ:STX) - October 13 at 11:26 AM logoSeagate Technology PLC (STX) Stock Rallies as FBN Increases Price Target to $38 (NASDAQ:STX) - October 12 at 7:29 PM logoSeagate Technology PLC (STX) – Morgan Stanley Upgrades Rating And Sets New Price Target (NASDAQ:STX) - October 12 at 7:29 PM logoWhy Alcoa Inc (AA), Illumina, Inc. (ILMN) and Seagate Technology PLC (STX) Are 3 of Today’s Worst Stocks (NASDAQ:STX) - October 11 at 5:15 PM


Seagate Technology PLC (NASDAQ:STX) Chart for Friday, October, 28, 2016

Last Updated on 10/28/2016 by Staff