Seagate Technology Holdings Plc (STX) concluded trading on 01/11/24 at a closing price of $81.74, with 2.74 million shares of worth about $224.37 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 31.80% during that period and on Thursday the price saw a loss of about -1.11%. Currently the company’s common shares owned by public are about 209.18M shares, out of which, 208.01M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 97 times over the past 12 months. They bought 560,403 shares in 43 of the transactions. In 54 selling transactions, insiders dumped 468,636 shares.
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Seagate Technology Holdings Plc (NASDAQ: STX) started trading at $81.47, below -$1.19 from concluding price of the previous day. However, the stock later moved at a day high price of 81.84, or with a loss of -1.11%. Stock saw a price change of 1.20% in past 5 days and over the past one month there was a price change of -0.30%. Year-to-date (YTD), STX shares are showing a performance of -4.25% which increased to 44.78% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $54.32 but also hit the highest price of $87.93 during that period. The average intraday trading volume for Seagate Technology Holdings Plc shares is 2.38 million. The stock is currently trading -2.08% below its 20-day simple moving average (SMA20), while that difference is up 4.14% for SMA50 and it goes to 21.74% higher than SMA200.
Seagate Technology Holdings Plc (NASDAQ: STX) currently have 209.18M outstanding shares and institutions hold larger chunk of about 90.51% of that.
The stock has a current market capitalization of $17.10B and its 3Y-monthly beta is at 1.06. It has posted earnings per share of -$3.58 in the same period. It has Quick Ratio of 0.64. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for STX, volatility over the week remained 2.42% while standing at 2.11% over the month.
Analysts are in expectations that Seagate Technology Holdings Plc (STX) stock would likely to be making an EPS of -$0.09 in the current quarter, while forecast for next quarter EPS is $0.15 and it is $4.27 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.16 which is $0 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.16 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 56.48% while it is estimated to increase by 1333.32% in next year.
Analysts at 24 brokerage firms have issued recommendations for the Seagate Technology Holdings Plc (STX)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.58. Out of those 24 Wall Street analysts, 7 recommended a “Buy” rating, while 13 were in favor recommending the stock as a “Hold” and 2 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Exane BNP Paribas on January 11, 2024 offering an Underperform rating for the stock and assigned a target price of $65 to it.
