Seagate Technology PLC Company Profile (NASDAQ:STX)

About Seagate Technology PLC

Seagate Technology PLC logoSeagate Technology plc (Seagate) is a provider of electronic data storage products. The Company's products are hard disk drives (HDD). The Company produces a range of electronic data storage products, including solid state hybrid drives (SSHD), solid state drives (SSD), peripheral component interconnect express (PCIe) cards and Serial AT Attachment (SATA) controllers. The Company's products are designed for enterprise servers and storage systems for applications, client compute applications and client non-compute applications. The Company's product and solution portfolio for the enterprise data storage industry includes storage enclosures, integrated application platforms and high performance computing (HPC) data storage solutions. Its data storage services provide online backup, data protection and recovery solutions for small to medium-sized businesses. Its products include Enterprise Performance HDDs, Mobile HDDs and SSHDs, NAS HDDs, and Surveillance HDDs, among others.

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: $32.05
  • 50 Day Moving Average: $30.55
  • 200 Day Moving Average: $28.26
  • Trailing P/E Ratio: 39.09
  • Foreward P/E Ratio: 10.11
  • P/E Growth: -1.05
  • Market Cap: $9.57B
  • Outstanding Shares: 298,609,000
  • Beta: 2.48
Additional Links:
Companies Related to Seagate Technology PLC:

Analyst Ratings

Consensus Ratings for Seagate Technology PLC (NASDAQ:STX) (?)
Ratings Breakdown: 2 Sell Ratings, 21 Hold Ratings, 4 Buy Ratings, 2 Strong Buy Ratings
Consensus Rating:Hold (Score: 2.21)
Consensus Price Target: $32.65 (1.86% upside)

Analysts' Ratings History for Seagate Technology PLC (NASDAQ:STX)
DateFirmActionRatingPrice TargetDetails
8/19/2016SusquehannaReiterated RatingNeutral$30.00 -> $32.00View Rating Details
8/16/2016ArgusReiterated RatingHoldView Rating Details
8/16/2016Barclays PLCBoost Price TargetEqual Weight$34.00 -> $36.00View Rating Details
8/11/2016RBC Capital MarketsReiterated RatingSector Perform$31.00View Rating Details
8/9/2016JPMorgan Chase & Co.Reiterated RatingSell$20.00View Rating Details
8/3/2016Needham & Company LLCReiterated RatingStrong-Buy$33.00 -> $39.00View Rating Details
8/2/2016BMO Capital MarketsReiterated RatingMarket Perform$22.00 -> $31.00View Rating Details
8/2/2016Cowen and CompanyBoost Price TargetMarket Perform$26.00 -> $32.00View Rating Details
8/2/2016MizuhoBoost Price TargetNeutral$23.00 -> $31.00View Rating Details
7/19/2016Citigroup Inc.UpgradeSell -> Neutral$18.00 -> $29.00View Rating Details
7/12/2016Bank of America Corp.Reiterated RatingSellView Rating Details
7/12/2016Brean CapitalReiterated RatingBuy$30.00 -> $35.00View Rating Details
7/12/2016Jefferies GroupReiterated RatingBuy$26.00View Rating Details
7/12/2016Robert W. BairdReiterated RatingNeutral$25.00 -> $29.00View Rating Details
7/12/2016BTIG ResearchReiterated RatingBuy$30.00View Rating Details
7/12/2016Maxim GroupBoost Price TargetHold$25.00 -> $35.00View Rating Details
7/12/2016Morgan StanleyUpgradeUnderweight -> Equal Weight$20.00 -> $27.00View Rating Details
7/12/2016Royal Bank Of CanadaBoost Price TargetSector Perform$24.00 -> $27.00View Rating Details
7/7/2016Wells Fargo & Co.Reiterated RatingMarket Perform$23.50View Rating Details
4/14/2016Goldman Sachs Group Inc.Reiterated RatingHoldView Rating Details
4/13/2016Craig HallumDowngradeBuy -> HoldView Rating Details
4/14/2016FBN SecuritiesLower Price TargetSector Perform$35.00 -> $32.00View Rating Details
4/13/2016Deutsche Bank AGDowngradeBuy -> Hold$35.00View Rating Details
2/1/2016Benchmark Co.UpgradeSell -> Hold$35.00 -> $32.00View Rating Details
10/30/2015Stifel NicolausReiterated RatingHoldView 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
9/15/2014Piper Jaffray Cos.Boost Price Target$59.00 -> $61.00View Rating Details
(Data available from 8/26/2014 forward)


Earnings History for Seagate Technology PLC (NASDAQ:STX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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: $2.95 EPS
Next Year EPS Consensus Estimate: $3.17 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:7.86%
Payout Ratio:307.32% (Based on Trailing 12 Months of Earnings)
85.42% (Based on Current Year Consensus EPS Estimate)
79.50% (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)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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 logo7 Stocks That Yield More Than 7% -- Dividend Traps or Good Buys? (NASDAQ:STX) - August 25 at 11:31 AM logoBattling for the cloud (NASDAQ:STX) - August 23 at 7:44 PM logoETF’s with exposure to Seagate Technology Plc : August 23, 2016 (NASDAQ:STX) - August 23 at 7:44 PM logoFLPSX,SHRAX,VIMSX,VTSMX: Top Mutual Fund Holders of Seagate (NASDAQ:STX) - August 22 at 7:32 PM logoSeagate Technology Plc :STX-US: Earnings Analysis: 2016 By the Numbers : August 22, 2016 (NASDAQ:STX) - August 22 at 11:29 AM logoSeagate Technology PLC (STX) Price Target Raised by Susquehanna: Here's Why - TCC (NASDAQ:STX) - August 21 at 11:28 AM logoCan Seagate's Dividend Even Survive? (NASDAQ:STX) - August 19 at 10:34 AM logoJeff Ubben Acquired 3 Stakes in 2nd Quarter (NASDAQ:STX) - August 18 at 7:52 PM
News IconSeagate Technology PLC (NASDAQ: STX) Price Target Raised at ... - BNB Daily (blog) (NASDAQ:STX) - August 18 at 10:42 AM logoAnalysts At Argus Remain Sidelined On Seagate (NASDAQ:STX) - August 17 at 10:36 AM logoBarclays Maintains Rating And Lowers Price Target On Seagate Technology PLC (STX) - Finance Daily (NASDAQ:STX) - August 16 at 7:43 PM logo4 Stocks, 4 trades: STX, UHS, PANW & GOOGL (NASDAQ:STX) - August 16 at 7:43 PM logoMorgan Stanley Targeted by Activist ValueAct With New Core Stake (NASDAQ:STX) - August 15 at 7:58 PM logoSEAGATE TECHNOLOGY PLC Financials (NASDAQ:STX) - August 11 at 8:11 PM logoSeagate Technology PLC (STX): Here's Why RBC Capital Believes It Isn't A Long-Term Dividend Cut (NASDAQ:STX) - August 9 at 7:56 PM logoSeagate Technology PLC (STX): Here's Why RBC Capital Believes It Isn't A Long-Term Dividend Cut - TCC (NASDAQ:STX) - August 9 at 10:57 AM logoSeagate Accelerates Enterprise Momentum With Two New Flash Products (NASDAQ:STX) - August 9 at 10:57 AM logoSEAGATE TECHNOLOGY PLC Files SEC form 10-K, Annual Report (NASDAQ:STX) - August 5 at 7:50 PM logoHow Seagate Technology PLC Gained 31.5% in July (NASDAQ:STX) - August 5 at 7:55 AM logoCORRECTING and REPLACING Seagate Introduces New Energy-Efficient SATA SSD for Enterprise Cloud Applications (NASDAQ:STX) - August 4 at 8:04 PM logoETF’s with exposure to Seagate Technology Plc : August 4, 2016 (NASDAQ:STX) - August 4 at 8:04 PM logoStocks Mostly Gain as Bank of England Reduces Rate (NASDAQ:STX) - August 4 at 8:04 PM
News IconMacy's Inc (NYSE:M) & Seagate Technology PLC (NASDAQ:STX) Worth Watching Stocks - Money News (press release) (NASDAQ:STX) - August 4 at 10:49 AM
News IconTech Stocks Watchful: Yahoo! Inc. (NASDAQ:YHOO), Seagate Technology PLC (NASDAQ:STX) - share market updates (press release) (NASDAQ:STX) - August 4 at 10:49 AM
News IconSeagate Technology PLC: These 3 Charts Show Where STX Stock Could Go Next - Profit Confidential (NASDAQ:STX) - August 4 at 10:49 AM
News IconSeagate Technology PLC: These 3 Charts Show Where STX Stock Could Go Next (NASDAQ:STX) - August 3 at 7:58 PM logoSeagate Technology Plc :STX-US: Earnings Analysis: Q4, 2016 By the Numbers : August 3, 2016 (NASDAQ:STX) - August 3 at 7:58 PM logoBig tech may halt earnings recession, if it delivers Q3 numbers (NASDAQ:STX) - August 3 at 7:58 PM
News IconBlog Coverage Nidec to Acquire Emerson Motor Divisions (NASDAQ:STX) - August 3 at 10:55 AM logoSeagate Technology (STX) Stock Up on Q2 Beat, Barclays Raises Earnings Estimates (NASDAQ:STX) - August 3 at 10:55 AM logoEarnings Whisper: Seagate Technology PLC (NASDAQ:STX) and ... - TCC (NASDAQ:STX) - August 2 at 7:59 PM logoSeagate Technology Plc (STX) Stephen James Luczo on Q4 2016 Results - Earnings Call Transcript - Seeking Alpha (NASDAQ:STX) - August 2 at 7:59 PM logoSeagate Falls 5%: Success in Cloud Means Less Certainty in Quarterly Outlook (NASDAQ:STX) - August 2 at 7:59 PM logoIf Seagate Drops 10% More, Then Buy (NASDAQ:STX) - August 2 at 7:59 PM logo[$$] Seagate Results Beat Expectations (NASDAQ:STX) - August 2 at 7:59 PM logoSeagate (STX) Stock Down Despite Q2 Earnings, Price Target Increases (NASDAQ:STX) - August 2 at 7:59 PM logoSeagate Technology Tops Estimates, But Earnings, Sales Keep Falling (NASDAQ:STX) - August 2 at 7:59 PM logoSeagate tops Street 4Q forecasts (NASDAQ:STX) - August 2 at 11:47 AM logoSeagate Technology PLC Earnings Climb 50% In Q4 (NASDAQ:STX) - August 2 at 11:46 AM logoSeagate Technology plc: Seagate Technology Reports Fiscal Fourth Quarter and Fiscal Year 2016 Financial Results (NASDAQ:STX) - August 2 at 11:46 AM logoSeagate (STX) Beats Q4 Earnings & Revenues but Down Y/Y (NASDAQ:STX) - August 2 at 11:46 AM logoEarnings Scheduled For August 2, 2016 (NASDAQ:STX) - August 2 at 4:24 AM logoIs Seagate Technology Stock A Great Combo of Value and Growth? (NASDAQ:STX) - July 29 at 7:52 PM logoWill Seagate Technology (STX) Continue to Surge Higher? (NASDAQ:STX) - July 29 at 7:52 PM logoWestern Digital Stock Falls, As Demand Seen Just 'Modestly Improving' (NASDAQ:STX) - July 29 at 4:14 PM logoSEAGATE TECHNOLOGY PLC Files SEC form 8-K, Change in Directors or Principal Officers (NASDAQ:STX) - July 28 at 5:04 PM logoSeagate Technology PLC (NASDAQ:STX) in Good Position - Street Report (NASDAQ:STX) - July 27 at 8:03 PM logoInvestors chasing dividends find easy, but risky, pickings (NASDAQ:STX) - July 27 at 1:59 PM
News IconD.R. Horton, Inc. (NYSE:DHI) & Seagate Technology (NASDAQ:STX) Traders Recap - Money News (press release) (NASDAQ:STX) - July 27 at 10:44 AM logoThe Zacks Analyst Blog Highlights: EarthLink Holdings, ARI Network Services, Seagate Technology, F5 Networks and Avid Technology (NASDAQ:STX) - July 27 at 9:30 AM


Seagate Technology PLC (NASDAQ:STX) Chart for Friday, August, 26, 2016

Last Updated on 8/26/2016 by Staff