Currently, there are 211.71M common shares owned by the public and among those 210.25M shares have been available to trade.
Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The company’s stock has a 5-day price change of -5.66% and -5.92% over the past three months. STX shares are trading 9.00% year to date (YTD), with the 12-month market performance up to 1.11% higher. It has a 12-month low price of $82.31 and touched a high of $115.32 over the same period. STX has an average intraday trading volume of 3.12 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -5.29%, -1.90%, and -6.17% respectively.
Institutional ownership of Seagate Technology Holdings Plc (NASDAQ: STX) shares accounts for 91.18% of the company’s 211.71M shares outstanding.
It has a market capitalization of $19.92B and a beta (3y monthly) value of 1.19. The stock’s trailing 12-month PE ratio is 17.22, while the earnings-per-share (ttm) stands at $5.46. The company has a PEG of 0.17 and a Quick Ratio of 0.74. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.51% over the week and 2.66% over the month.
Analysts forecast that Seagate Technology Holdings Plc (STX) will achieve an EPS of 1.74 for the current quarter, 2.09 for the next quarter and 9.74 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 1.69 while analysts give the company a high EPS estimate of 1.69. Comparatively, EPS for the current quarter was 0.33 a year ago. Earnings per share for the fiscal year are expected to increase by 474.73%, and 32.12% over the next financial year. EPS should grow at an annualized rate of 100.09% over the next five years, compared to -25.87% over the past 5-year period.
Looking at the support for the STX, a number of firms have released research notes about the stock. The Benchmark Company stated their Buy rating for the stock in a research note on January 22, 2025, with the firm’s price target at $120. Morgan Stanley was of a view on January 21, 2025 that the stock is Overweight, while TD Cowen gave the stock Buy rating on July 24, 2024, issuing a price target of $110- $135. BofA Securities on their part issued Buy rating on June 05, 2024.
