Summary Seagate Technology plc (NASDAQ:STX), from Technology sector has been on the upside of the performance spectrum.
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When it comes to the Analysis of a Stock, Price Target plays a vital role.
Ireland based company, Seagate Technology plc’s (STX)’s latest closing price was 16.35% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at 14.99% and 4.92% compared with the 20 Day Moving Average. The ex-dividend date of this dividend is Monday, September 19th. Argus restated a hold rating on shares of Seagate Technology PLC in a research note on Tuesday, August 16th. The company’s stock had a trading volume of 336,276 shares.
The firm price to earnings ratio calculated as 41.17. This represents a $2.52 annualized dividend and a dividend yield of 7.47%.
Seagate Technology plc (Seagate) is a provider of electronic data storage products. The shares were sold at an average price of $33.58, for a total transaction of $194,764.00. Prior to the publication of ArcBest Corporation (NASDAQ:ARCB)’s earnings number, the brokerages have given quarterly EPS target of $0.68. The stock’s market capitalization is 10.13B, it has a 52-week low of 18.42 and a 52-week high of 50.91. According to these analysts, the Low Revenue Estimate for Seagate Technology PLC is 2.69 Billion and the High Revenue Estimate is 2.78 Billion. Three research analysts have rated the stock with a sell rating, twenty-one have issued a hold rating, three have given a buy rating and three have assigned a strong buy rating to the stock.
These analysts also forecasted Growth Estimates for the Current Quarter for STX to be 42.6%. The company’s revenue for the quarter was down 9.3% compared to the same quarter previous year.
EPS in next five year years is expected to touch -10.20% while EPS growth in past 5 year was -5.60% along with sales growth of 0.30% in the last five years.
Analysts’ mean recommendation for Seagate Technology plc’s (STX) stands at 2.80.
07/12/2016 – Seagate Technology. had its “buy” rating reiterated by analysts at Brean Capital.
The firm has price volatility of 2.65% for a week and 2.99% for a month.
Accounts payable for Seagate Technology. The average volume stands around 5.71 million shares. TX now owns 72,172 shares of the data storage provider’s stock worth $2,486,000 after buying an additional 5,146 shares during the period.
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Many analysts are providing their Estimated Earnings analysis for Seagate Technology PLC and for the current quarter 27 analysts have projected that the stock could give an Average Earnings estimate of $0.77/share. The Company’s principal products are hard disk drives (HDDs). The Company produces a range of electronic data storage products, including solid state hybrid drives (SSHD), solid state drives (SSD), peripheral component interconnect express (PCIe) cards and Serial AT Attachment (SATA) controllers.
