NASDAQ:STX - Seagate Technology Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Seagate Technology PLC Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $54.78 +0.83 (+1.54 %) (As of 02/20/2020 01:32 PM ET) Add Compare Today's Range$53.55Now: $54.78▼$54.8550-Day Range$53.95MA: $58.47▼$63.2352-Week Range$41.63Now: $54.78▼$64.17Volume68,122 shsAverage Volume2.83 million shsMarket Capitalization$14.30 billionP/E Ratio8.88Dividend Yield4.80%Beta1.56 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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 Stock Exchange NASDAQ Industry Computer storage devices Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:STX Previous Symbol CUSIPN/A CIK1137789 Webhttp://www.seagate.com/ Phone353-1234-3136Debt Debt-to-Equity Ratio2.26 Current Ratio1.54 Quick Ratio1.11Price-To-Earnings Trailing P/E Ratio8.88 Forward P/E Ratio10.83 P/E Growth8.84 Sales & Book Value Annual Sales$10.39 billion Price / Sales1.38 Cash Flow$7.20 per share Price / Cash Flow7.61 Book Value$7.01 per share Price / Book7.81Profitability EPS (Most Recent Fiscal Year)$4.82 Net Income$2.01 billion Net Margins17.03% Return on Equity58.19% Return on Assets12.34%Miscellaneous Employees40,500 Outstanding Shares260,960,000Market Cap$14.30 billion Next Earnings Date5/5/2020 (Estimated) OptionableOptionable 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. NASDAQ:STX Rates by TradingView 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 Tuesday, February 4th. Shareholders of record on Wednesday, March 25th will be given a dividend of $0.65 per share on Wednesday, April 8th. This represents a $2.60 dividend on an annualized basis and a yield of 4.75%. The ex-dividend date of this dividend is Tuesday, March 24th. View Seagate Technology's Dividend History. How were Seagate Technology's earnings last quarter? Seagate Technology PLC (NASDAQ:STX) posted its quarterly earnings results on Tuesday, February, 4th. The data storage provider reported $1.35 EPS for the quarter, topping the Zacks' consensus estimate of $1.32 by $0.03. The data storage provider earned $2.70 billion during the quarter, compared to analyst estimates of $2.73 billion. Seagate Technology had a net margin of 17.03% and a return on equity of 58.19%. The firm's revenue for the quarter was down .7% on a year-over-year basis. During the same period in the previous year, the company posted $1.41 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, May 5th 2020. View Earnings Estimates for Seagate Technology. What guidance has Seagate Technology issued on next quarter's earnings? Seagate Technology updated its third quarter earnings guidance on Tuesday, February, 4th. The company provided earnings per share guidance of $1.26-1.44 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.19. The company issued revenue guidance of $2.511-2.889 billion, compared to the consensus revenue estimate of $2.59 billion. What price target have analysts set for STX? 20 brokerages have issued 12-month price objectives for Seagate Technology's stock. Their forecasts range from $35.00 to $70.00. On average, they anticipate Seagate Technology's share price to reach $55.79 in the next year. This suggests a possible upside of 1.8% from the stock's current price. View Analyst Price Targets for Seagate Technology. What is the consensus analysts' recommendation for Seagate Technology? 20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Seagate Technology in the last year. There are currently 5 sell ratings, 11 hold ratings and 4 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 headlines about STX stock have been trending extremely negative on Thursday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Seagate Technology earned a news impact score of -4.3 on InfoTrie's scale. They also assigned media coverage about the data storage provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Seagate Technology. Who are some of Seagate Technology's key competitors? Some companies that are related to Seagate Technology include Vodafone Group (VOD), Relx (RELX), Infosys (INFY), Lam Research (LRCX), Baidu (BIDU), Workday (WDAY), Autodesk (ADSK), NetEase (NTES), Dassault Systemes (DASTY), Koninklijke Philips (PHG), Analog Devices (ADI), DAIKIN INDUSTRI/ADR (DKILY), Dell (DELL), Orange (ORAN) and Sprint (S). 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), Advanced Micro Devices (AMD) and QUALCOMM (QCOM). 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 many different of retail and institutional investors. Top institutional investors include FMR LLC (8.40%), State Street Corp (4.02%), Renaissance Technologies LLC (2.58%), LSV Asset Management (2.13%), Bank of New York Mellon Corp (1.04%) and AQR Capital Management LLC (0.61%). Company insiders that own Seagate Technology stock include 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 FMR LLC, Commerzbank Aktiengesellschaft FI, Crossmark Global Holdings Inc., Gilman Hill Asset Management LLC, Cubist Systematic Strategies LLC, Exane Derivatives, Swiss National Bank and Robeco Institutional Asset Management B.V.. 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 Renaissance Technologies LLC, Schroder Investment Management Group, Annex Advisory Services LLC, Janus Henderson Group PLC, Bank of New York Mellon Corp, KBC Group NV, Virginia Retirement Systems ET AL and ANTIPODES PARTNERS Ltd. 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 $54.78. How big of a company is Seagate Technology? Seagate Technology has a market capitalization of $14.30 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 ( )Outperform Votes: 1,065 (Vote Outperform)Underperform Votes: 1,243 (Vote Underperform)Total Votes: 2,308MarketBeat'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 2/20/2020 by MarketBeat.com StaffFeatured Article: What is the market perform rating?
