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DOW   29,348.10 (+0.17%)
QQQ   223.38 (+0.49%)
S&P 500   3,329.62 (+0.39%)
DOW   29,348.10 (+0.17%)
QQQ   223.38 (+0.49%)
S&P 500   3,329.62 (+0.39%)
DOW   29,348.10 (+0.17%)
QQQ   223.38 (+0.49%)
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NASDAQ:STX - Seagate Technology Stock Price, Forecast & News

$61.08
-0.45 (-0.73 %)
(As of 01/20/2020 04:00 PM ET)
Today's Range
$60.93
Now: $61.08
$61.65
50-Day Range
$57.12
MA: $59.45
$61.53
52-Week Range
$38.22
Now: $61.08
$61.65
Volume1.99 million shs
Average Volume1.59 million shs
Market Capitalization$16.05 billion
P/E Ratio9.68
Dividend Yield4.26%
Beta1.61
Seagate Technology plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. It manufactures and distributes hard disk drives; solid state drives (SSDs), including serial attached small computer system interface and non-volatile memory express SSDs; solid state hybrid drives; and storage subsystems. Read More…

Industry, Sector and Symbol

Industry Computer storage devices
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:STX
CUSIPN/A
Phone353-1234-3136

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$10.39 billion
Cash Flow$7.12 per share
Book Value$8.04 per share

Profitability

Net Income$2.01 billion

Miscellaneous

Employees40,500
Market Cap$16.05 billion
Next Earnings Date2/4/2020 (Confirmed)
OptionableOptionable

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Seagate Technology (NASDAQ:STX) Frequently Asked Questions

What is Seagate Technology's stock symbol?

Seagate Technology trades on the NASDAQ under the ticker symbol "STX."

How often does Seagate Technology pay dividends? What is the dividend yield for Seagate Technology?

Seagate Technology declared a quarterly dividend on Monday, October 28th. Stockholders of record on Thursday, December 26th will be paid a dividend of $0.65 per share on Wednesday, January 8th. This represents a $2.60 annualized dividend and a dividend yield of 4.26%. The ex-dividend date of this dividend is Tuesday, December 24th. This is a positive change from Seagate Technology's previous quarterly dividend of $0.63. View Seagate Technology's Dividend History.

How were Seagate Technology's earnings last quarter?

Seagate Technology PLC (NASDAQ:STX) issued its quarterly earnings data on Friday, November, 1st. The data storage provider reported $1.03 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.00 by $0.03. The data storage provider had revenue of $2.58 billion for the quarter, compared to analyst estimates of $2.57 billion. Seagate Technology had a return on equity of 61.26% and a net margin of 17.66%. The firm's revenue was down 13.8% compared to the same quarter last year. During the same period last year, the firm posted $1.70 earnings per share. View Seagate Technology's Earnings History.

When is Seagate Technology's next earnings date?

Seagate Technology is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Seagate Technology.

How can I listen to Seagate Technology's earnings call?

Seagate Technology will be holding an earnings conference call on Tuesday, February 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What guidance has Seagate Technology issued on next quarter's earnings?

Seagate Technology updated its second quarter earnings guidance on Friday, November, 1st. The company provided EPS guidance of $1.25-1.39 for the period, compared to the Thomson Reuters consensus estimate of $1.29. The company issued revenue guidance of $2.584-2.856 billion, compared to the consensus revenue estimate of $2.70 billion.

What price target have analysts set for STX?

18 brokerages have issued 1-year target prices for Seagate Technology's stock. Their forecasts range from $35.00 to $66.00. On average, they expect Seagate Technology's share price to reach $52.00 in the next year. This suggests that the stock has a possible downside of 14.9%. View Analyst Price Targets for Seagate Technology.

What is the consensus analysts' recommendation for Seagate Technology?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Seagate Technology in the last year. There are currently 4 sell ratings, 11 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Seagate Technology.

What are Wall Street analysts saying about Seagate Technology stock?

Here are some recent quotes from research analysts about Seagate Technology stock:
  • 1. According to Zacks Investment Research, "Seagate is benefiting from robust demand for 16-terabyte products as production to higher volumes improves and sequential improvement in HDD exabytes shipments. Further, the company provided promising Q2 guidance. Increasing traction for mass storage solutions across company’s edge and enterprise markets remains a tailwind. Also, improving trend in PC shipments is a positive. We believe Seagate’s NAND-supply deal with Toshiba will help it in developing advanced HDD, SSD and hybrid solutions. Rapid adoption of nearline solutions is likely to boost competitive position against Western Digital. Notably, shares of the company have outperformed the industry in the past year. However, stiff competition from its peers in the disk drive market might result in pricing pressure and limit margin expansion." (1/9/2020)
  • 2. Mizuho analysts commented, "We believe N-T tariff and supply chain overhangs remain a drag on demand, but L-T, improving nearline HDD with hyperscale and DC demand into 2020E should be positive." (9/19/2019)

Has Seagate Technology been receiving favorable news coverage?

News coverage about STX stock has trended somewhat positive recently, InfoTrie reports. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Seagate Technology earned a news sentiment score of 1.7 on InfoTrie's scale. They also gave media coverage about the data storage provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Seagate Technology.

Who are some of Seagate Technology's key competitors?

What other stocks do shareholders of Seagate Technology own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Seagate Technology investors own include Micron Technology (MU), Intel (INTC), Western Digital (WDC), Cisco Systems (CSCO), AT&T (T), Bank of America (BAC), NVIDIA (NVDA), Ford Motor (F), QUALCOMM (QCOM) and Advanced Micro Devices (AMD).

Who are Seagate Technology's key executives?

Seagate Technology's management team includes the folowing people:
  • Mr. Stephen J. Luczo, Exec. Chairman (Age 62)
  • Dr. William David Mosley, Pres, CEO & Director (Age 52)
  • Mr. James J. Murphy, Exec. VP of Worldwide Sales & Marketing (Age 60)
  • Mr. Jeffrey D. Nygaard, Exec. VP of Global Operations (Age 55)
  • Mr. Gianluca Romano, Exec. VP & CFO

Who are Seagate Technology's major shareholders?

Seagate Technology's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Cacti Asset Management LLC (0.32%), Commerzbank Aktiengesellschaft FI (0.09%), State of Alaska Department of Revenue (0.04%), Inlet Private Wealth LLC (0.04%), Hanson & Doremus Investment Management (0.03%) and Windward Capital Management Co. CA (0.03%). Company insiders that own Seagate Technology stock include Chong Sup Park, David H Morton Jr, David H Morton, Jr, Edward J Zander, Holdings LP Valueact, James J Murphy, Jay L Geldmacher, Jeffrey D Nygaard, Katherine Schuelke, Kathryn R Scolnick, Nicholls Stuart, Stephen J Luczo, Valueact Capital Master Fund, and William D Mosley. View Institutional Ownership Trends for Seagate Technology.

Which institutional investors are selling Seagate Technology stock?

STX stock was sold by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI, Gilman Hill Asset Management LLC, Cacti Asset Management LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Arden Trust Co, Hanson & Doremus Investment Management, IFP Advisors Inc and Steward Partners Investment Advisory LLC. Company insiders that have sold Seagate Technology company stock in the last year include James J Murphy, Jay L Geldmacher, Jeffrey D Nygaard, Katherine Schuelke, Stephen J Luczo and William D Mosley. View Insider Buying and Selling for Seagate Technology.

Which institutional investors are buying Seagate Technology stock?

STX stock was acquired by a variety of institutional investors in the last quarter, including Tuttle Tactical Management, Assenagon Asset Management S.A., Sciencast Management LP, State of Alaska Department of Revenue, Windward Capital Management Co. CA, UNIVEST FINANCIAL Corp, Inlet Private Wealth LLC and Sound Income Strategies LLC. Company insiders that have bought Seagate Technology stock in the last two years include Holdings LP Valueact and Valueact Capital Master Fund,. View Insider Buying and Selling for Seagate Technology.

How do I buy shares of Seagate Technology?

Shares of STX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Seagate Technology's stock price today?

One share of STX stock can currently be purchased for approximately $61.08.

How big of a company is Seagate Technology?

Seagate Technology has a market capitalization of $16.05 billion and generates $10.39 billion in revenue each year. The data storage provider earns $2.01 billion in net income (profit) each year or $4.82 on an earnings per share basis. Seagate Technology employs 40,500 workers across the globe.View Additional Information About Seagate Technology.

What is Seagate Technology's official website?

The official website for Seagate Technology is http://www.seagate.com/.

How can I contact Seagate Technology?

Seagate Technology's mailing address is 38/39 FITZWILLIAM SQUARE, DUBLIN L2, D02 NX53. The data storage provider can be reached via phone at 353-1234-3136 or via email at [email protected]


MarketBeat Community Rating for Seagate Technology (NASDAQ STX)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  1,057 (Vote Outperform)
Underperform Votes:  1,232 (Vote Underperform)
Total Votes:  2,289
MarketBeat's community ratings are surveys of what our community members think about Seagate Technology and other stocks. Vote "Outperform" if you believe STX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe STX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/20/2020 by MarketBeat.com Staff

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