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The price of Seagate Technology Holdings Plc (NASDAQ: STX) closed at $103.74 in the last session, up 0.40% from day before closing price of $103.33. In other words, the price has increased by $0.40 from its previous closing price. On the day, 2.28 million shares were traded. STX stock price reached its highest trading level at $104.19 during the session, while it also had its lowest trading level at $102.0.
Ratios:
We take a closer look at STX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 27.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 48.20. For the most recent quarter (mrq), Quick Ratio is recorded 0.47 and its Current Ratio is at 0.85.
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, BofA Securities on June 05, 2024, Reiterated its Buy rating and also kept its target price maintained to $110.
On May 14, 2024, Citigroup started tracking the stock assigning a Buy rating and target price of $110.
Wedbush Upgraded its Neutral to Outperform on May 01, 2024, while the target price for the stock was maintained at $100.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 11 ’24 when Teh Ban Seng sold 10,742 shares for $100.00 per share. The transaction valued at 1,074,200 led to the insider holds 5,042 shares of the business.
Morris John Christopher sold 5,928 shares of STX for $592,725 on Jun 11 ’24. The SVP, HDD & SDD Products & CTO now owns 12,185 shares after completing the transaction at $99.99 per share. On May 14 ’24, another insider, Teh Ban Seng, who serves as the EVP & Chief Commercial Officer of the company, sold 9,703 shares for $95.00 each. As a result, the insider received 921,785 and left with 15,185 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 21784258560 and an Enterprise Value of 26658211840. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.48. Its current Enterprise Value per Revenue stands at 4.254 whereas that against EBITDA is 63.171.
Stock Price History:
Over the past 52 weeks, STX has reached a high of $107.91, while it has fallen to a 52-week low of $57.32. The 50-Day Moving Average of the stock is 11.32%, while the 200-Day Moving Average is calculated to be 24.74%.
Shares Statistics:
According to the various share statistics, STX traded on average about 2.67M shares per day over the past 3-months and 2488030 shares per day over the past 10 days. A total of 209.99M shares are outstanding, with a floating share count of 208.89M. Insiders hold about 0.52% of the company’s shares, while institutions hold 90.06% stake in the company. Shares short for STX as of 1715731200 were 10901226 with a Short Ratio of 4.26, compared to 1713139200 on 10185809. Therefore, it implies a Short% of Shares Outstanding of 10901226 and a Short% of Float of 6.3200004000000005.
Dividends & Splits
The forward annual dividend rate for STX is 2.80, which was 2.8 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.027097648The stock’s 5-year Average Dividend Yield is 4.08.
