Currently, there are 211.71M common shares owned by the public and among those 210.28M shares have been available to trade.
The company’s stock has a 5-day price change of 8.28% and -18.62% over the past three months. STX shares are trading -5.46% year to date (YTD), with the 12-month market performance down to -6.49% lower. It has a 12-month low price of $63.19 and touched a high of $115.32 over the same period. STX has an average intraday trading volume of 3.69 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 8.23%, -4.70%, and -15.60% respectively.
Institutional ownership of Seagate Technology Holdings Plc (NASDAQ: STX) shares accounts for 91.39% of the company’s 211.71M shares outstanding.
It has a market capitalization of $17.28B and a beta (3y monthly) value of 1.36. The stock’s trailing 12-month PE ratio is 14.93, while the earnings-per-share (ttm) stands at $5.46. The company has a PEG of 0.16 and a Quick Ratio of 0.74. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.36% over the week and 5.77% over the month.
Earnings per share for the fiscal year are expected to increase by 486.20%, and 24.78% over the next financial year. EPS should grow at an annualized rate of 93.27% 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.
