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: $36.46
  • 50 Day Moving Average: $33.96
  • 200 Day Moving Average: $28.80
  • 52-Week Range: $300,108,000.00 - $18.42
  • Trailing P/E Ratio: 44.46
  • Foreward P/E Ratio: 11.43
  • P/E Growth: 6.03
  • Market Cap: $10.94B
  • Outstanding Shares: 300,108,000
  • Beta: 2.46
  • Net Margins: 2.22%
  • Return on Equity: 38.98%
  • Return on Assets: 7.93%
  • Debt-to-Equity Ratio: 2.59%
  • Current Ratio: 1.57%
  • Quick Ratio: 1.18%
Additional Links:
Companies Related to Seagate Technology PLC:

Analyst Ratings

Consensus Ratings for Seagate Technology PLC (NASDAQ:STX) (?)
Ratings Breakdown: 2 Sell Ratings, 20 Hold Ratings, 4 Buy Ratings, 2 Strong Buy Ratings
Consensus Rating:Hold (Score: 2.21)
Consensus Price Target: $33.87 (7.12% downside)

Analysts' Ratings History for Seagate Technology PLC (NASDAQ:STX)
DateFirmActionRatingPrice TargetDetails
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
9/6/2016Jefferies GroupBoost Price TargetBuy$32.00 -> $38.00View Rating Details
8/31/2016RBC Capital MarketsBoost Price TargetHold -> Sector Perform$31.00 -> $34.00View Rating Details
8/31/2016Royal Bank Of CanadaBoost Price TargetSector Perform$31.00 -> $34.00View Rating Details
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
8/9/2016JPMorgan 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
7/12/2016Brean CapitalReiterated RatingBuy$30.00 -> $35.00View 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
7/7/2016Wells Fargo & Co.Reiterated RatingMarket Perform$23.50View 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
10/18/2015KeyCorpDowngradeHoldView 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 9/26/2014 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: $2.98 EPS
Next Year EPS Consensus Estimate: $3.19 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:6.91%
Payout Ratio:307.32% (Based on Trailing 12 Months of Earnings)
84.56% (Based on Current Year Consensus EPS Estimate)
79.00% (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: 83.90%
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)
News IconData Storage Devices: Seagate Technology plc (NASDAQ:STX) Position of the day (NASDAQ:STX) - September 23 at 6:54 PM
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News IconHigh Market Cap Stock of the Day – Seagate Technology plc (NASDAQ:STX) (NASDAQ:STX) - September 20 at 10:33 AM logoWhy Seagate Technology is the 'Top Dividend Stock of the Nasdaq 100' With 7.0% Yield (STX) (NASDAQ:STX) - September 20 at 10:33 AM
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News IconReliable stocks in today’s share market: Seagate Technology plc (NASDAQ:STX) (NASDAQ:STX) - September 19 at 11:30 AM
News IconReliable stocks in today's share market: Seagate Technology plc ... - The De Soto Edge (NASDAQ:STX) - September 18 at 6:56 PM logoSeagate Technology PLC (STX) Ex-Dividend Date Scheduled for September 19, 2016 - Nasdaq (NASDAQ:STX) - September 17 at 11:06 AM logoToday's Hottest Stock: Western Digital Soars 3% on the Wings of Intel (NASDAQ:STX) - September 16 at 7:13 PM
News IconSeagate Technology plc's (STX): Seeing Active Stock of Yesterday - Hot Stocks Point (NASDAQ:STX) - September 15 at 7:37 PM logoEx-Div Reminder for Seagate Technology (STX) - Forbes (NASDAQ:STX) - September 15 at 7:37 PM logoEx-Div Reminder for Seagate Technology (STX) (NASDAQ:STX) - September 15 at 11:12 AM logoAttention Yield Hunters: Here Are 3 Stocks You'll Like (NASDAQ:STX) - September 14 at 7:41 PM
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News IconInvestors are undervaluing Seagate Technology Plc (STX) by 8%, here is my intrinsic value calculation - Simply Wall St (NASDAQ:STX) - September 13 at 11:32 AM logoActivist Takes a Big Stake in Seagate Technology (NASDAQ:STX) - September 12 at 7:02 PM
News IconSeagate Technology PLC: The Bullish Trend in STX Stock Has Only ... - Profit Confidential (NASDAQ:STX) - September 11 at 11:24 AM
News IconSeagate Technology PLC: The Bullish Trend STX Stock Has Only Begun (NASDAQ:STX) - September 10 at 6:39 PM
News IconSeagate Technology PLC (STX) PT Raised to $38.00 at Jefferies Group (NASDAQ:STX) - September 10 at 11:15 AM
News IconSeagate Technology Sold Stakes to ValueAct Capital, Shares Soar (NASDAQ:STX) - September 10 at 11:15 AM
News IconWorth Watching Stock: Seagate Technology PLC (NASDAQ:STX) (NASDAQ:STX) - September 10 at 11:15 AM logoSeagate Technology PLC (STX) Recognizes ValueAct as Potentially the Biggest Shareholder (NASDAQ:STX) - September 10 at 11:15 AM logoOptions Traders Swarm Surging Seagate Technology PLC (STX) (NASDAQ:STX) - September 10 at 11:15 AM logo9:01 am Seagate Tech announces a secondary block trade transaction of approximately 12.5 million ordinary and existing shares with ValueAct Capital (NASDAQ:STX) - September 10 at 11:15 AM logoOptions Traders Swarm Surging Seagate Technology PLC (STX) - Schaeffers Research (blog) (NASDAQ:STX) - September 9 at 7:07 PM logoSeagate Technology (STX) Stock Up, ValueAct Buys Larger Stake (NASDAQ:STX) - September 9 at 7:07 PM logo[$$] Activist on Call: Seagate Brokers Deal to Bring in ValueAct (NASDAQ:STX) - September 9 at 7:07 PM logoResearch Reports on Tech Stocks -- Brocade Communications Systems, Seagate Technology, and Western Digital - PR Newswire (press release) (NASDAQ:STX) - September 9 at 10:59 AM
News Icon$GILD & $STX - Gilead Sciences, Inc. (NASDAQ:GILD) & Seagate Technology PLC (NASDAQ:STX) News Review - Money News (NASDAQ:STX) - September 9 at 10:59 AM logoSeagate Tech invites ValueAct in as major shareholder (NASDAQ:STX) - September 9 at 10:59 AM logoCraig-Hallum Raises Price Target On Seagate Technology PLC (STX) (NASDAQ:STX) - September 8 at 11:23 AM
News IconLarge Cap Data Storage Devices: Seagate Technology plc (NASDAQ:STX) (NASDAQ:STX) - September 8 at 11:23 AM
News IconUpdate on Seagate Technology plc (NASDAQ:STX) for the day (NASDAQ:STX) - September 7 at 7:38 PM
News IconStocks Buzz: Peregrine Pharmaceuticals (NASDAQ:PPHM ... - NYSE Journal (press release) (NASDAQ:STX) - September 7 at 11:13 AM logoStocks Mixed, Mostly Unchanged; Ackman Gives Chipotle Some Love (NASDAQ:STX) - September 7 at 11:13 AM logoETF’s with exposure to Seagate Technology Plc : September 6, 2016 (NASDAQ:STX) - September 6 at 7:38 PM logoSeagate to Participate in Investor Event (NASDAQ:STX) - September 6 at 7:38 PM
News IconIs Seagate Technology plc (NASDAQ:STX), a large market cap stock a smart buy? (NASDAQ:STX) - September 6 at 11:01 AM
News IconSeagate Technology plc (NASDAQ:STX) – Top Stock from ... - The Daily Leicester (NASDAQ:STX) - September 5 at 6:36 PM
News IconLeading stocks in today’s market: Seagate Technology plc (NASDAQ:STX) (NASDAQ:STX) - September 5 at 11:23 AM logoA Look at Some of the Offerings Seagate Is Readying to Release (NASDAQ:STX) - September 5 at 11:23 AM logoHow Seagate Is Addressing the Market Shift to Enterprise Storage (NASDAQ:STX) - September 5 at 11:23 AM logoHow Seagate’s Product Prices Are Affecting Its Profits (NASDAQ:STX) - September 5 at 11:23 AM logoSeagate Is a Tech Name With Upside Potential (NASDAQ:STX) - September 1 at 7:30 PM logoSeagate Technology PLC (STX) Price Target Increased to $34, Reiterated as Sector Perform: RBC Capital (NASDAQ:STX) - September 1 at 10:43 AM


Seagate Technology PLC (NASDAQ:STX) Chart for Monday, September, 26, 2016

Last Updated on 9/26/2016 by Staff