Seagate Technology Holdings PLC (STX)
| Market Cap | 17.04B |
| Revenue (ttm) | 11.66B |
| Net Income (ttm) | 1.65B |
| Shares Out | 208.76M |
| EPS (ttm) | 7.36 |
| PE Ratio | 11.09 |
| Forward PE | 10.45 |
| Dividend | $2.77 (3.39%) |
| Ex-Dividend Date | Sep 20, 2022 |
| Volume | 1,066,898 |
| Open | 79.52 |
| Previous Close | 79.24 |
| Day's Range | 79.51 - 81.80 |
| 52-Week Range | 67.36 - 117.67 |
| Beta | 1.09 |
| Analysts | Buy |
| Price Target | 87.92 (+7.7%) |
| Earnings Date | Jul 21, 2022 |
About STX
Seagate Technology Holdings plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. It provides mass capacity storage products, including enterprise nearline hard disk drives (HDDs), enterprise nearline solid state drives (SSDs), enterprise nearline systems, video and image HDDs, and network-attached storage drives. The company also offers legacy applications comprising Mission Critical HDDs and SSDs; external storage solutions under the Seagate Ultra Touch, One Touch, and Expans... [Read more...]
Financial Performance
In 2022, STX's revenue was $11.66 billion, an increase of 9.18% compared to the previous year's $10.68 billion. Earnings were $1.65 billion, an increase of 25.49%.
Financial StatementsAnalyst Forecast
According to 31 analysts, the average rating for STX stock is "Buy." The 12-month stock price forecast is 87.92, which is an increase of 7.71% from the latest price.
News
Phison Debuts the X1 to Provide the Industry's Most Advanced Enterprise SSD Solution
SAN JOSE, Calif.--(BUSINESS WIRE)-- #enterprisessd--Phison Electronics Corp. (TPEX: 8299), a global leader in NAND flash controller and storage solutions, today announced the launch of its X1 controller...
15 quality dividend stocks that you can buy on sale right now
John Buckingham, editor of the Prudent Speculator newsletter, paraphrases Warren Buffett when he says “whether it is socks or stocks, we like to buy quality merchandise that is marked down.”
Is Seagate Technology Stock a Buy Now?
The hard-drive maker is bracing for a tough slowdown.
Stock Market Slumps As Major Stock Indexes Hit Key Resistance; Wall Street Braces For Big Week Of Earnings
The stock market rally came under pressure Friday as the major stock indexes ran into some key resistance levels. The post Stock Market Slumps As Major Stock Indexes Hit Key Resistance; Wall Street Brac...
Why Seagate Stock Looks All Wet Today
Seagate misses on the top and bottom lines -- and delivers an earnings warning to boot.
Seagate (STX) Q4 Earnings & Revenues Miss Estimates, Stock Down
Seagate's (STX) Q4 revenues are affected by macro-related headwinds and non-HDD component shortages.
Snap, Seagate And Some Other Big Stocks Moving Lower In Today's Pre-Market Session
Snap Inc. (NYSE: SNAP) fell 28.4% to $11.70 in pre-market trading after the company reported worse-than-expected Q2 results, announced a reduction in the hiring rate and did not provide guidance. Intuit...
Seagate (STX) Q4 Earnings and Revenues Lag Estimates
Seagate (STX) delivered earnings and revenue surprises of -15.87% and 6.29%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Seagate Technology Shares Plunge On Q4 Earnings Miss, Weak 1Q Outlook
Seagate Technology Holdings PLC (NASDAQ: STX) reported a fourth-quarter revenue decline of 12.8% year-over-year to $2.63 billion, missing the consensus of $2.78 billion. Adjusted EPS of $1.59 missed the...
Seagate stock drops as lower consumer demand triggers earnings, outlook miss
Seagate Technology Holdings PLC shares dropped in the extended session Thursday after the data-storage-device company said a slowdown in consumer demand led to quarterly results and an outlook that fell...
Seagate Technology Reports Fourth Quarter and Fiscal Year 2022 Financial Results
FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX) (the “Company” or “Seagate”) today reported financial results for its fourth quarter and fiscal year ended July 1, 2022. “...
What's in Store Ahead of Seagate's (STX) Q4 Earnings Release
Seagate's (STX) Q4 performance will likely gain from demand for mass capacity storage solutions. However, the decline in PC shipments and continued supply chain issues will likely be a headwind.
Seagate Technology to Report Fourth Quarter and Fiscal Year 2022 Financial Results on July 21, 2022
FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX), a world leader in data storage infrastructure solutions, will report fourth quarter and fiscal year 2022 financial result...
Reasons to Retain Seagate (STX) in Your Portfolio For Now
Healthy demand for Seagate's (STX) mass capacity storage solutions, especially nearline products from cloud data center customers, is a major growth driver.
Seagate Report: Multicloud Friction Is Tricky, but Winning Companies Know How to Hack It
FREMONT, Calif.--(BUSINESS WIRE)--Today's multicloud is a mix of clouds that don't communicate well. As multicloud complexity and the related costs are on the rise, the friction leads to data lock-in—an...
Seagate (STX) Up 4.3% Since Last Earnings Report: Can It Continue?
Seagate (STX) reported earnings 30 days ago. What's next for the stock?
Seagate to Participate in Upcoming Investor Events
FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX), a world leader in mass-data storage infrastructure solutions, today announced that management is scheduled to participate...
Despite Stagnant Revenue Growth, How Has Seagate Technology Stock Outperformed The S&P Since 2018?
During this period, the company witnessed just an 8% rise in revenue, but a substantial drop in the outstanding share count helped boost the company's revenue per share and stock price.
Hammerspace and Seagate Collaborate to Extend Global Data Environments with Lyve Cloud and Exos CORVAULT
SAN MATEO, Calif.--(BUSINESS WIRE)-- #datamanagement--Hammerspace teams with Seagate to bring Global Data Environment advantages – orchestrating data to any location – to Seagate users around the globe.