NASDAQ:STX

Seagate Technology Stock Forecast, Price & News

$85.18
-1.09 (-1.26 %)
(As of 07/27/2021 12:00 AM ET)
Add
Compare
Today's Range
$83.13
$86.06
50-Day Range
$82.60
$101.17
52-Week Range
$43.53
$106.22
Volume2.11 million shs
Average Volume3.32 million shs
Market Capitalization$19.50 billion
P/E Ratio15.66
Dividend Yield3.11%
Beta1.14
30 days | 90 days | 365 days | Advanced Chart
Receive STX News and Ratings via Email

Sign-up to receive the latest news and ratings for Seagate Technology and its competitors with MarketBeat's FREE daily newsletter.


Seagate Technology logo

About Seagate Technology

Seagate Technology Holdings plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. The company offers hard disk and solid state drives, including serial advanced technology attachment, serial attached SCSI, and non-volatile memory express products; solid state hybrid drives; and storage subsystems. Its products are used in enterprise servers and storage systems; and edge compute and non-compute applications. The company also provides enterprise data solutions portfolio comprising storage subsystems and mass capacity optimized private cloud storage solutions for enterprises, cloud service providers, and scale-out storage servers and original equipment manufacturers (OEMs). In addition, it offers external storage solutions under the Seagate Backup Plus and Expansion product lines, as well as under the LaCie and Maxtor brands in capacities up to 16TB. Seagate Technology Holdings plc sells its products primarily to OEMs, distributors, and retailers. The company was founded in 1978 and is based in Dublin, Ireland.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous

Social Links


MarketRank

Overall MarketRank

1.98 out of 5 stars

Business Services Sector

81st out of 545 stocks

Computer Storage Devices Industry

4th out of 8 stocks

Analyst Opinion: 2.2Community Rank: 3.1Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Seagate Technology (NASDAQ:STX) Frequently Asked Questions

Is Seagate Technology a buy right now?

23 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Seagate Technology in the last year. There are currently 1 sell rating, 12 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Seagate Technology stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in STX, but not buy additional shares or sell existing shares.
View analyst ratings for Seagate Technology
or view top-rated stocks.

What stocks does MarketBeat like better than Seagate Technology?

Wall Street analysts have given Seagate Technology a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Seagate Technology wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Seagate Technology's next earnings date?

Seagate Technology is scheduled to release its next quarterly earnings announcement on Thursday, October 28th 2021.
View our earnings forecast for Seagate Technology
.

How were Seagate Technology's earnings last quarter?

Seagate Technology Holdings plc (NASDAQ:STX) posted its quarterly earnings results on Tuesday, July, 20th. The data storage provider reported $2.00 EPS for the quarter, topping the consensus estimate of $1.74 by $0.26. The data storage provider earned $3.01 billion during the quarter, compared to the consensus estimate of $2.98 billion. Seagate Technology had a trailing twelve-month return on equity of 130.74% and a net margin of 12.30%. The company's revenue for the quarter was up 19.7% compared to the same quarter last year. During the same period in the prior year, the business posted $1.20 EPS.
View Seagate Technology's earnings history
.

How has Seagate Technology's stock price been impacted by Coronavirus (COVID-19)?

Seagate Technology's stock was trading at $45.3050 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, STX shares have increased by 88.0% and is now trading at $85.18.
View which stocks have been most impacted by COVID-19
.

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

Seagate Technology announced a quarterly dividend on Wednesday, July 21st. Stockholders of record on Wednesday, September 22nd will be given a dividend of $0.67 per share on Wednesday, October 6th. This represents a $2.68 dividend on an annualized basis and a yield of 3.15%. The ex-dividend date of this dividend is Tuesday, September 21st.
View Seagate Technology's dividend history
.

Is Seagate Technology a good dividend stock?

Seagate Technology pays an annual dividend of $2.68 per share and currently has a dividend yield of 3.11%. Seagate Technology does not yet have a strong track record of dividend growth. The dividend payout ratio of Seagate Technology is 50.85%. This payout ratio is at a healthy, sustainable level, below 75%.
View Seagate Technology's dividend history.

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

Seagate Technology issued an update on its first quarter 2022 earnings guidance on Wednesday, July, 21st. The company provided earnings per share guidance of $2.050-$2.350 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.850. The company issued revenue guidance of $2.95 billion-$3.25 billion, compared to the consensus revenue estimate of $2.94 billion.

What price target have analysts set for STX?

23 Wall Street analysts have issued 12-month price objectives for Seagate Technology's stock. Their forecasts range from $46.00 to $120.00. On average, they anticipate Seagate Technology's stock price to reach $92.38 in the next year. This suggests a possible upside of 8.5% from the stock's current price.
View analysts' price targets for Seagate Technology
or view top-rated stocks among Wall Street analysts.

Who are Seagate Technology's key executives?

Seagate Technology's management team includes the following people:
  • Dr. William David Mosley, CEO & Director (Age 54, Pay $2.49M)
  • Mr. Gianluca Romano, Exec. VP of Fin. & CFO (Age 51, Pay $1.22M)
  • Mr. Jeffrey David Nygaard, Exec. VP and Head of Operations, Products & Technology (Age 56, Pay $1.38M)
  • Ms. Katherine E. Schuelke, Sr. VP, Chief Legal Officer & Company Sec. (Age 58, Pay $820.58k)
  • Mr. Ban Seng Teh, Sr. VP of Global Sales & Sales Operations (Age 54, Pay $645.73k)
  • Dr. John Morris, Sr. VP & CTO
  • Mr. Ravi Naik, Chief Information Officer
  • Ms. Shanye Hudson, VP of Investor Relations
  • Mr. Matt Rutledge, Sr. VP of Corp. Devel. & Strategy
  • Mr. Jeffrey D. Fochtman, Sr. VP of Bus. & Marketing (Age 46)

What is Dave Mosley's approval rating as Seagate Technology's CEO?

246 employees have rated Seagate Technology CEO Dave Mosley on Glassdoor.com. Dave Mosley has an approval rating of 68% among Seagate Technology's employees.

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 Intel (INTC), Micron Technology (MU), Cisco Systems (CSCO), AT&T (T), Western Digital (WDC), Bank of America (BAC), NVIDIA (NVDA), QUALCOMM (QCOM), Advanced Micro Devices (AMD) and International Business Machines (IBM).

What is Seagate Technology's stock symbol?

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

Who are Seagate Technology's major shareholders?

Seagate Technology's stock is owned by many different institutional and retail investors. Top institutional investors include Oregon Public Employees Retirement Fund (0.08%), State of Alaska Department of Revenue (0.06%), Vancity Investment Management Ltd (0.04%), TCW Group Inc. (0.03%), Kwmg LLC (0.02%) and Old Port Advisors (0.01%). Company insiders that own Seagate Technology stock include Ban Seng Teh, Edward J Zander, Holdings LP Valueact, James J Murphy, Jay L Geldmacher, Jeffrey D Fochtman, Jeffrey D Nygaard, Katherine Schuelke, Nicholls Stuart, Ravi Naik, Stephanie Tilenius, Stephen J Luczo, Stephen J Luczo, Valueact Capital Master Fund, and William D Mosley.
View institutional ownership trends for Seagate Technology
.

Which major investors are selling Seagate Technology stock?

STX stock was sold by a variety of institutional investors in the last quarter, including TCW Group Inc., State of Alaska Department of Revenue, Kwmg LLC, and New Mexico Educational Retirement Board. Company insiders that have sold Seagate Technology company stock in the last year include Ban Seng Teh, Edward J Zander, Holdings LP Valueact, Jeffrey D Fochtman, Jeffrey D Nygaard, Katherine Schuelke, Ravi Naik, Stephanie Tilenius, Stephen J Luczo, Valueact Capital Master Fund,, and William D Mosley.
View insider buying and selling activity for Seagate Technology
or view top insider-selling stocks.

Which major investors are buying Seagate Technology stock?

STX stock was acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Brookstone Capital Management, Vancity Investment Management Ltd, Archford Capital Strategies LLC, Stratos Wealth Partners LTD., and Old Port Advisors.
View insider buying and selling activity for Seagate Technology
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Seagate Technology's stock price today?

One share of STX stock can currently be purchased for approximately $85.18.

How much money does Seagate Technology make?

Seagate Technology has a market capitalization of $19.50 billion and generates $10.68 billion in revenue each year. The data storage provider earns $1.31 billion in net income (profit) each year or $5.27 on an earnings per share basis.

How many employees does Seagate Technology have?

Seagate Technology employs 42,000 workers across the globe.

Does Seagate Technology have any subsidiaries?

The following companies are subsidiares of Seagate Technology: Cloverleaf Communications, Dot Hill Israel Ltd., Dot Hill Singapore Pte. Ltd., Dot Hill System Services (Foshan) Limited, Dot Hill Systems, Dot Hill Systems Deutschland GmbH, Dot Hill Systems Europe Ltd., Dot Hill Systems Israel Ltd., Dot Hill Systems Tianjin Ltd., EVault (EMEA) B.V., EVault GmbH i. L., EVault Inc, EVault UK Limited, LaCie, LaCie AB, LaCie AG, LaCie Asia Limited, LaCie Electronique D2, LaCie GmbH, LaCie Group S.A.S., LaCie Ltd, LaCie S.r.l. in Liquidazione, LaCie SAS, LaCie SPRL, Lyve Minds Inc, Maxtor, Maxtor Global Ltd., MetaLINCS, Nippon Seagate Inc., Penang Seagate Industries (M) Sdn. Bhd., Quinta Corporation, Samsung - Hard Disk Drive Business, SandForce, Seagate (Hangzhou) Data Recovery Services Co. Ltd., Seagate Brasil Comercio e Representacao de Produtos de Informática Ltda., Seagate Brasil Comercio e Representacao de Produtos de Informática Ltda. (Sao Paulo Branch), Seagate Business Centre (Singapore) Pte. Ltd., Seagate Business Centre (UK) Ltd., Seagate Business Centre GmbH, Seagate Cloud Systems, Seagate Cloud Systems Japan Ltd., Seagate Data Storage Technology, Seagate Federal, Seagate Global Business Services (Malaysia) Sdn. Bhd., Seagate Global Technology, Seagate HDD Cayman, Seagate International (Johor) Sdn. Bhd., Seagate Korea Ltd., Seagate Korea Ltd. (Seoul Branch), Seagate Singapore International Headquarters Pte. Ltd., Seagate Singapore International Headquarters Pte. Ltd. (Netherlands Branch), Seagate Systems (Bermuda) Limited, Seagate Systems (Canada) Limited, Seagate Systems (Havant) Limited, Seagate Systems (Malaysia) Sdn. Bhd., Seagate Systems (Mexico) S.A. de C.V., Seagate Systems (Philippines), Seagate Systems (Singapore) Pte. Limited, Seagate Systems (UK) Limited, Seagate Systems (UK) Limited (Singapore Branch), Seagate Systems (US) Holdings Inc., Seagate Systems (US) Inc., Seagate Technology (Dublin Branch), Seagate Technology (Ireland), Seagate Technology (Ireland) (Springtown Branch), Seagate Technology (Netherlands) B.V., Seagate Technology (Suzhou) Co., Seagate Technology (Thailand) Limited, Seagate Technology (US) Holdings, Seagate Technology AB, Seagate Technology Australia Pty. Limited, Seagate Technology Canada Inc., Seagate Technology China Holding Company, Seagate Technology GmbH, Seagate Technology HDD (India) Private Limited, Seagate Technology HDD (India) Private Limited (Bangalore Office), Seagate Technology HDD (India) Private Limited (Delhi Office), Seagate Technology International, Seagate Technology International (Singapore Branch), Seagate Technology International (Wuxi) Company Limited, Seagate Technology Israel Ltd., Seagate Technology LLC, Seagate Technology MEA DMCC, Seagate Technology Manufacturing (Hong Kong) Limited, Seagate Technology SAS, Seagate Technology Services (Shanghai) Co. Ltd., Seagate Technology Services (Shanghai) Co. Ltd. (Beijing Branch), Seagate Technology Services (Shanghai) Co. Ltd. (Chengdu Branch), Seagate Technology Services (Shanghai) Co. Ltd. (Dongguan Branch), Seagate Technology Services (Shanghai) Co. Ltd. (Hangzhou Branch), Seagate Technology Services (Shanghai) Co. Ltd. (Shenzhen Branch), Seagate Technology Taiwan Ltd., Seagate Technology UK Ltd., Seagate Technology UK Ltd. (Dublin Branch), Seagate Technology UK Ltd. (Moscow Branch), Seagate US LLC, and Xyratex Ltd.

When was Seagate Technology founded?

Seagate Technology was founded in 1979.

What is Seagate Technology's official website?

The official website for Seagate Technology is www.seagate.com.

Where are Seagate Technology's headquarters?

Seagate Technology is headquartered at 38/39 FITZWILLIAM SQUARE, DUBLIN L2, D02 NX53.

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]


This page was last updated on 7/27/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.