Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $96.36 in the prior trading day, Seagate Technology Holdings Plc (NASDAQ: STX) closed at $93.48, down -2.99%. In other words, the price has decreased by -$2.99 from its previous closing price. On the day, 3.43 million shares were traded. STX stock price reached its highest trading level at $95.63 during the session, while it also had its lowest trading level at $92.91.
Ratios:
Our goal is to gain a better understanding of STX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.89. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 1.23.
Morgan Stanley reiterated its Overweight rating for the stock on January 21, 2025, while the target price for the stock was revised from $133 to $129.
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 Jan 02 ’25 when MOSLEY WILLIAM D sold 20,000 shares for $86.65 per share. The transaction valued at 1,733,019 led to the insider holds 605,530 shares of the business.
WILLIAM D. MOSLEY bought 60,000 shares of STX for $5,178,600 on Jan 02 ’25. On Dec 12 ’24, another insider, Morris John Christopher, who serves as the SVP & CTO of the company, sold 141 shares for $98.46 each. As a result, the insider received 13,883 and left with 7,757 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 19790370816 and an Enterprise Value of 25853362176. As of this moment, Seagate’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.11, and their Forward P/E ratio for the next fiscal year is 9.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.46. Its current Enterprise Value per Revenue stands at 3.559 whereas that against EBITDA is 21.349.
Stock Price History:
The Beta on a monthly basis for STX is 1.09, which has changed by 0.11786544 over the last 52 weeks, in comparison to a change of 0.21926713 over the same period for the S&P500. Over the past 52 weeks, STX has reached a high of $115.32, while it has fallen to a 52-week low of $82.31. The 50-Day Moving Average of the stock is -2.28%, while the 200-Day Moving Average is calculated to be -5.69%.
Shares Statistics:
The stock has traded on average 2.85M shares per day over the past 3-months and 4614800 shares per day over the last 10 days, according to various share statistics. A total of 211.71M shares are outstanding, with a floating share count of 210.50M. Insiders hold about 0.57% of the company’s shares, while institutions hold 90.44% stake in the company. Shares short for STX as of 1735603200 were 12438886 with a Short Ratio of 4.24, compared to 1732838400 on 11622697. Therefore, it implies a Short% of Shares Outstanding of 12438886 and a Short% of Float of 7.53.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 3.85.
