S&P 500   3,382.52 (+1.46%)
DOW   27,975.22 (+1.04%)
QQQ   272.28 (+2.67%)
AAPL   452.06 (+3.33%)
MSFT   209.86 (+3.19%)
FB   260.97 (+1.89%)
GOOGL   1,508.12 (+1.86%)
AMZN   3,161.00 (+2.61%)
NVDA   457.21 (+5.35%)
CGC   17.22 (+1.59%)
BABA   255.63 (+2.90%)
TSLA   1,558.82 (+13.42%)
GE   6.64 (-1.34%)
MU   48.53 (+1.61%)
AMD   82.05 (+6.72%)
T   30.22 (+0.07%)
F   7.10 (-1.80%)
ACB   9.78 (-2.40%)
GILD   68.89 (+1.16%)
NFLX   478.41 (+2.46%)
DIS   131.62 (+0.87%)
BAC   26.75 (-0.63%)
BA   175.28 (-2.69%)
S&P 500   3,382.52 (+1.46%)
DOW   27,975.22 (+1.04%)
QQQ   272.28 (+2.67%)
AAPL   452.06 (+3.33%)
MSFT   209.86 (+3.19%)
FB   260.97 (+1.89%)
GOOGL   1,508.12 (+1.86%)
AMZN   3,161.00 (+2.61%)
NVDA   457.21 (+5.35%)
CGC   17.22 (+1.59%)
BABA   255.63 (+2.90%)
TSLA   1,558.82 (+13.42%)
GE   6.64 (-1.34%)
MU   48.53 (+1.61%)
AMD   82.05 (+6.72%)
T   30.22 (+0.07%)
F   7.10 (-1.80%)
ACB   9.78 (-2.40%)
GILD   68.89 (+1.16%)
NFLX   478.41 (+2.46%)
DIS   131.62 (+0.87%)
BAC   26.75 (-0.63%)
BA   175.28 (-2.69%)
S&P 500   3,382.52 (+1.46%)
DOW   27,975.22 (+1.04%)
QQQ   272.28 (+2.67%)
AAPL   452.06 (+3.33%)
MSFT   209.86 (+3.19%)
FB   260.97 (+1.89%)
GOOGL   1,508.12 (+1.86%)
AMZN   3,161.00 (+2.61%)
NVDA   457.21 (+5.35%)
CGC   17.22 (+1.59%)
BABA   255.63 (+2.90%)
TSLA   1,558.82 (+13.42%)
GE   6.64 (-1.34%)
MU   48.53 (+1.61%)
AMD   82.05 (+6.72%)
T   30.22 (+0.07%)
F   7.10 (-1.80%)
ACB   9.78 (-2.40%)
GILD   68.89 (+1.16%)
NFLX   478.41 (+2.46%)
DIS   131.62 (+0.87%)
BAC   26.75 (-0.63%)
BA   175.28 (-2.69%)
S&P 500   3,382.52 (+1.46%)
DOW   27,975.22 (+1.04%)
QQQ   272.28 (+2.67%)
AAPL   452.06 (+3.33%)
MSFT   209.86 (+3.19%)
FB   260.97 (+1.89%)
GOOGL   1,508.12 (+1.86%)
AMZN   3,161.00 (+2.61%)
NVDA   457.21 (+5.35%)
CGC   17.22 (+1.59%)
BABA   255.63 (+2.90%)
TSLA   1,558.82 (+13.42%)
GE   6.64 (-1.34%)
MU   48.53 (+1.61%)
AMD   82.05 (+6.72%)
T   30.22 (+0.07%)
F   7.10 (-1.80%)
ACB   9.78 (-2.40%)
GILD   68.89 (+1.16%)
NFLX   478.41 (+2.46%)
DIS   131.62 (+0.87%)
BAC   26.75 (-0.63%)
BA   175.28 (-2.69%)
Log in

NASDAQ:STXSeagate Technology Stock Price, Forecast & News

$45.52
-0.26 (-0.57 %)
(As of 08/12/2020 03:01 PM ET)
Add
Compare
Today's Range
$45.27
Now: $45.52
$45.91
50-Day Range
$44.31
MA: $47.23
$50.91
52-Week Range
$39.02
Now: $45.52
$64.17
Volume78,646 shs
Average Volume3.11 million shs
Market Capitalization$11.68 billion
P/E Ratio11.98
Dividend Yield5.64%
Beta0.98
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. The company's products are used in enterprise servers and storage systems; edge compute/client compute applications, primarily for desktop and mobile computing; and edge non-compute/client non-compute applications, such as various end user devices comprising portable external storage systems, surveillance systems, digital video recorders, network-attached storages, and gaming consoles, as well as data centers. It also provides cloud systems and solutions portfolio that includes modular original equipment manufacturer (OEM) storage systems and scale-out storage servers. In addition, the company 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 120TB. The company sells its products primarily to OEMs, distributors, and retailers. Seagate Technology plc was founded in 1979 and is headquartered in Dublin, Ireland.
Read More
Seagate Technology logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 2.3Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.01 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$10.51 billion
Cash Flow$6.22 per share
Book Value$6.96 per share

Profitability

Net Income$1.00 billion

Miscellaneous

Employees40,500
Market Cap$11.68 billion
Next Earnings Date11/6/2020 (Estimated)
OptionableOptionable
$45.52
-0.26 (-0.57 %)
(As of 08/12/2020 03:01 PM ET)
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 STX and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Seagate Technology (NASDAQ:STX) Frequently Asked Questions

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

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 (WHO). Since then, STX stock has increased by 0.5% and is now trading at $45.54.
View which stocks have been most impacted by Coronavirus
.

Do Wall Street analysts recommend investors buy shares of Seagate Technology?

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Seagate Technology in the last year. There are currently 4 sell ratings, 14 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Seagate Technology
.

When is Seagate Technology's next earnings date?

Seagate Technology is scheduled to release its next quarterly earnings announcement on Friday, November 6th 2020.
View our earnings forecast for Seagate Technology
.

How were Seagate Technology's earnings last quarter?

Seagate Technology PLC (NASDAQ:STX) announced its earnings results on Tuesday, July, 28th. The data storage provider reported $1.20 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $1.20. The data storage provider earned $2.52 billion during the quarter, compared to analyst estimates of $2.62 billion. Seagate Technology had a net margin of 9.55% and a return on equity of 68.62%. The business's revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.86 earnings per share.
View Seagate Technology's earnings history
.

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

Seagate Technology declared a quarterly dividend on Tuesday, July 28th. Stockholders of record on Wednesday, September 23rd will be given a dividend of $0.65 per share on Wednesday, October 7th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 5.71%. The ex-dividend date is Tuesday, September 22nd.
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 earnings guidance on Tuesday, July, 28th. The company provided earnings per share (EPS) guidance of $0.70 to $1.00 for the period, compared to the Thomson Reuters consensus estimate of $1.27. The company issued revenue guidance of $2.10 billion to $2.50 billion, compared to the consensus revenue estimate of $2.59 billion.

What price target have analysts set for STX?

23 analysts have issued 1 year price targets for Seagate Technology's shares. Their forecasts range from $33.00 to $66.00. On average, they anticipate Seagate Technology's share price to reach $52.70 in the next twelve months. This suggests a possible upside of 15.7% from the stock's current price.
View analysts' price targets 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 expected to benefit from robust demand for 16-terabyte products, as production to higher volumes improves. Increasing traction for mass storage solutions across edge and enterprise markets is a tailwind. Also, rapid adoption of nearline solutions is likely to boost the top line in the quarters ahead. Higher HDD demand of mass capacity storage products from hyperscalers, driven by data growth at the edge and in the cloud, is a positive. Further, the company provided encouraging guidance for the fiscal fourth quarter. Notably, shares have outperformed the industry on a year-to-date basis. However, increasing expenses on product enhancements amid stiff competition from its peers in the disk drive market might limit margin expansion in the near term. Moreover, the coronavirus outbreak is exerting pressure on Legacy market revenues." (7/24/2020)
  • 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?

Headlines about STX stock have trended negative this week, according to InfoTrie. The research firm scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Seagate Technology earned a media sentiment score of -2.2 on InfoTrie's scale. They also assigned news coverage about the data storage provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term.
View the latest news about 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 Intel (INTC), Micron Technology (MU), Cisco Systems (CSCO), AT&T (T), Western Digital (WDC), NVIDIA (NVDA), Bank of America (BAC), QUALCOMM (QCOM), Verizon Communications (VZ) and Advanced Micro Devices (AMD).

Who are Seagate Technology's key executives?

Seagate Technology's management team includes the following 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

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 a variety of retail and institutional investors. Top institutional shareholders include LSV Asset Management (2.19%), Prudential PLC (0.73%), ANTIPODES PARTNERS Ltd (0.67%), Robeco Institutional Asset Management B.V. (0.47%), Wedge Capital Management L L P NC (0.41%) and Swiss National Bank (0.36%). Company insiders that own Seagate Technology stock include Ban Seng Teh, 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 major investors are selling Seagate Technology stock?

STX stock was sold by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Robeco Institutional Asset Management B.V., Cacti Asset Management LLC, Ziegler Capital Management LLC, Alps Advisors Inc., Hancock Whitney Corp, Banque Cantonale Vaudoise, and Prudential Financial Inc.. Company insiders that have sold Seagate Technology company stock in the last year include Ban Seng Teh, James J Murphy, Jay L Geldmacher, Jeffrey D Nygaard, Katherine Schuelke, Stephen J Luczo, and William D Mosley.
View insider buying and selling activity for Seagate Technology
.

Which major investors are buying Seagate Technology stock?

STX stock was bought by a variety of institutional investors in the last quarter, including Assetmark Inc., Prudential PLC, Wedge Capital Management L L P NC, ANTIPODES PARTNERS Ltd, CHURCHILL MANAGEMENT Corp, Todd Asset Management LLC, Victory Capital Management Inc., and LSV Asset Management. 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 activity 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 $45.54.

How big of a company is Seagate Technology?

Seagate Technology has a market capitalization of $11.69 billion and generates $10.51 billion in revenue each year. The data storage provider earns $1.00 billion in net income (profit) each year or $4.57 on an earnings per share basis. Seagate Technology employs 40,500 workers across the globe.

What is Seagate Technology's official website?

The official website for Seagate Technology is 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]

This page was last updated on 8/12/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.