Shares of Technology sector company Seagate Technology moved 4.4% today, and are now trading at a price of $151.44. The Large-Cap stock's daily volume was 5,445,220 compared to its average volume of 4,694,016. The S&P 500 index returned a 0.0% performance.
Seagate Technology Holdings plc engages in the provision of data storage technology and infrastructure solutions in Singapore, the United States, the Netherlands, and internationally. The company is based in Singapore and has 30,000 full time employees. Its market capitalization is $32,138,821,632. Seagate Technology currently offers its equity investors a dividend that yields 2.0% per year.
19 analysts are following Seagate Technology and have set target prices ranging from $68.0 to $200.0 per share. On average, they have given the company a rating of buy. At today's prices, STX is trading 26.18% away from its average analyst target price of $120.02 per share.
Over the last year, STX's share price has increased by 43.1%, which represents a difference of 31.1% when compared to the S&P 500. The stock's 52 week high is $152.05 per share whereas its 52 week low is $63.19. Seagate Technology's average free cash flow over the last 5 years has been $997.0 Million, but they have been decreasing at an average rate of -10.3%. This may prove a challenge to the long term sustainability of the stock's upwards trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 918,000 | 254,000 | 664,000 | 6.07 |
| 2023 | 942,000 | 316,000 | 626,000 | -50.94 |
| 2022 | 1,657,000 | 381,000 | 1,276,000 | 13.12 |
| 2021 | 1,626,000 | 498,000 | 1,128,000 | -0.09 |
| 2020 | 1,714,000 | 585,000 | 1,129,000 | -2.59 |
| 2019 | 1,761,000 | 602,000 | 1,159,000 |
