The firm has a market capitalization of $10.13 billion and a P/E ratio of 41.37.
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Investors should note that on Aug 2, 2016, Seagate Technology PLC announced a cash dividend of $0.6300.
Moreover, Biondi Frank, Director sold 1,251 shares of the stock in a reserved transaction that ensued on 8/9/2016. Seagate’s stock has been a poor investment already, with losing around 8.77% of its value in Year-to-Date (YTD) trading. Royal Bank Of Canada’s price target indicates a potential upside of 0.24% from the stock’s previous close. Seagate Technology PLC has a 52 week low of $18.42 and a 52 week high of $51.47. Even as 5 researchers give their long-term estimates for the company’s earnings over a period of three to five years, there is already a projection of the growth of EPS a rate of 3.09%. The stock was sold at a price of $31.84, for a total value of $406,006.
Yesterday Seagate Tech (NASDAQ:STX) traded 0.56% higher at $33.92. Analytic Investors LLC purchased a new position in Seagate Technology PLC during the fourth quarter valued at $4,483,000. Lastly, JP Morgan downgraded the stock to “Underweight” rating in a May 2 report. The difference between the actual EPS of last year’s corresponding period and the mean estimate of $0.82 comes to 9.09%. “Seagate Technology PLC is headquartered in Dublin, Ireland”. Volume of trade was was down over the average, with 2,929,512 shares of STX changing hands under the typical 5,710,780 shares. STX has a dividend yield of 7.56%.
STX has been the topic of a number of other reports.
Seagate Technology PLC has 298,609,000 shares in issue which have a share price of 33.92 giving Seagate Technology PLC a market capitalisation of 10.13B United States dollars. Seagate Technology. opened and closed at $33.42 and at $33.73 respectively during its last trading session which resulted to a trading volume of 3972347.
The share price of Seagate Technology. Following the sale, the chief financial officer now directly owns 17,916 shares in the company, valued at approximately $426,221.64. Subsequent to the transaction Re Mark owned a total of 52,770 shares of the stock. The disclosure for this sale can be found here.
Seagate Technology plc (Seagate) is a provider of electronic data storage products. However brokerage recommendations suggests an ABR of 2.86 based on calls of 21 experts, where 1 brokers polls the stock a Strong Buy, 3 suggest the stock a Buy, 14 suggest Hold, 2 are rating the stock as Sell while 1 as Strong Sell.
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RBC noted that the company is focused on moving towards higher margins HDD units as compared to low-end of the markets, making the profitability pool is attractive. The company is expected to release $0.77 EPS during current quarter according to 27 analysts whereas the company reported $0.54 EPS during same quarter a year ago. The Firm 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.
