Seagate Technology Holdings Plc (STX) concluded trading on Thursday at a closing price of $87.54, with 4.52 million shares of worth about $395.86 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -15.08% during that period and on December 19, 2024 the price saw a loss of about -4.43%. Currently the company’s common shares owned by public are about 211.46M shares, out of which, 210.31M shares are available for trading.
Stock saw a price change of -10.34% in past 5 days and over the past one month there was a price change of -10.49%. Year-to-date (YTD), STX shares are showing a performance of 2.54% which increased to 4.34% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $79.39 but also hit the highest price of $115.32 during that period. The average intraday trading volume for Seagate Technology Holdings Plc shares is 2.36 million. The stock is currently trading -10.57% below its 20-day simple moving average (SMA20), while that difference is down -13.73% for SMA50 and it goes to -11.10% lower than SMA200.
Seagate Technology Holdings Plc (NASDAQ: STX) currently have 211.46M outstanding shares and institutions hold larger chunk of about 89.21% of that.
The stock has a current market capitalization of $18.52B and its 3Y-monthly beta is at 1.08. PE ratio of stock for trailing 12 months is 22.89, while it has posted earnings per share of $3.82 in the same period. Its PEG reads 0.43 and has Quick Ratio of 0.70. 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 3.44% while standing at 2.83% over the month.
Stock’s fiscal year EPS is expected to rise by 477.39% while it is estimated to increase by 29.11% in next year. EPS is likely to grow at an annualized rate of 52.97% for next 5-years, compared to annual growth of -25.87% made by the stock over the past 5-years.
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 TD Cowen on July 24, 2024 offering a Buy rating for the stock and assigned a target price range of between $110 and $135 to it. Coverage by BofA Securities stated Seagate Technology Holdings Plc (STX) stock as a Buy in their note to investors on June 05, 2024, suggesting a price target of $110 for the stock. On May 14, 2024, Citigroup Initiated their recommendations, while on May 01, 2024, Wedbush Upgrade their ratings for the stock with a price target of $100. Stock get an Overweight rating from Morgan Stanley on March 26, 2024.
