Seagate Technology Holdings Plc (NASDAQ:STX) currently has a daily average trading volume of 2.32M but it saw 8764924 shares traded in last market. With a market cap of 21.79B USD, the company’s current market price of $103.52 came falling about -8.10 while comparing to the previous closing price of $112.64. In past 52 weeks, the stock remained buoying in the range of price level as high as $115.32 and as low as $64.12. In the recent trading on the day, stock has struck highest price mark of $102.4843 while lowest mark touched by it was $107.8.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the TD Cowen which reiterated the stock as “Buy” in its note to investors issued on July 24, 2024, recommending a price target of between $110 and $135 for it. Citigroup issued its recommendations for the stock as it initiated the price target for the stock is $110.
Over the week, STX’s stock price is moving -7.35% down while it is -2.92% when we observe its performance for the past one month. Year-to-date it is 21.26% up and over the past year, the stock is showing an upside performance of 58.65%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0.12 beat the consensus estimate of -0.06 for the same. The company is expected to be releasing its next quarterly report in November, for which analysts forecasted an EPS of 1.86 while estimate for next year EPS is 7.42. In next quarter, company is expected to be making quarterly sales of $2.33B as analysts are expecting the sales for current fiscal year at $9.23B and seeing the company making $10.43B in sales next year. Moreover, analysts are in estimates of $2.31B for current-quarter revenue.
Currently, Seagate Technology Holdings Plc’s total number of outstanding shares is 210.18M. Company’s return on investment (ROI) stands at 21.14%. It has a price to earnings ratio (P/E ratio) of 27.08 while having a 10.91 of forward P/E ratio. Stock’s beta reads 1.06. Stock has a price to sale or P/S ratio amounts to 3.00. Its return on asset (ROA) is 10.86% on average.
