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Seagate Technology Holdings Plc (NASDAQ: STX) closed the day trading at $103.52 down -8.10% from the previous closing price of $112.64. In other words, the price has decreased by -$8.10 from its previous closing price. On the day, 8.76 million shares were traded. STX stock price reached its highest trading level at $107.8 during the session, while it also had its lowest trading level at $102.4843.
Ratios:
For a better understanding of STX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.37. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 1.14.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on July 24, 2024, Reiterated its Buy rating but revised its target price to $135 from $110 previously.
On June 05, 2024, BofA Securities reiterated its Buy ratingand also kept the price unchanged to $110.
On May 14, 2024, Citigroup started tracking the stock assigning a Buy rating and target price of $110.Citigroup initiated its Buy rating on May 14, 2024, with a $110 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 22 ’24 when Morris John Christopher sold 1,131 shares for $111.90 per share. The transaction valued at 126,559 led to the insider holds 7,191 shares of the business.
JOHN MORRIS bought 1,131 shares of STX for $126,559 on Oct 22 ’24. On Oct 01 ’24, another insider, MOSLEY WILLIAM D, who serves as the Chief Executive Officer of the company, sold 20,000 shares for $107.68 each. As a result, the insider received 2,153,639 and left with 648,616 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, STX now has a Market Capitalization of 23709599744 and an Enterprise Value of 26279720960. As of this moment, Seagate’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.08, and their Forward P/E ratio for the next fiscal year is 10.91. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.00. Its current Enterprise Value per Revenue stands at 3.617 whereas that against EBITDA is 21.683.
Stock Price History:
Over the past 52 weeks, STX has reached a high of $115.32, while it has fallen to a 52-week low of $64.12. The 50-Day Moving Average of the stock is -1.40%, while the 200-Day Moving Average is calculated to be 7.56%.
Shares Statistics:
Over the past 3-months, STX traded about 2.32M shares per day on average, while over the past 10 days, STX traded about 2571230 shares per day. A total of 210.18M shares are outstanding, with a floating share count of 209.52M. Insiders hold about 0.46% of the company’s shares, while institutions hold 89.91% stake in the company. Shares short for STX as of 1727654400 were 11128952 with a Short Ratio of 4.81, compared to 1724976000 on 11482622. Therefore, it implies a Short% of Shares Outstanding of 11128952 and a Short% of Float of 6.78.
Dividends & Splits
STX’s forward annual dividend rate is 2.80, up from 2.1 a year ago. Against a Trailing Annual Dividend Yield of 0.018643465The stock’s 5-year Average Dividend Yield is 3.91.
