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STX

Don't Take a Position in Seagate Technology Stocks Without Knowing Its Fundamentals!

Large-cap Technology company Seagate Technology has moved -2.6% so far today on a volume of 1,638,969, compared to its average of 4,022,643. In contrast, the S&P 500 index moved -0.0%.

Seagate Technology trades -5.61% away from its average analyst target price of $163.53 per share. The 19 analysts following the stock have set target prices ranging from $80.0 to $200.0, and on average have given Seagate Technology a rating of buy.

Anyone interested in buying STX should be aware of the facts below:

  • Seagate Technology has moved 53.4% over the last year, and the S&P 500 logged a change of 14.8%

  • Based on its trailing earnings per share of 6.76, Seagate Technology has a trailing 12 month Price to Earnings (P/E) ratio of 22.8 while the S&P 500 average is 29.3

  • STX has a forward P/E ratio of 15.9 based on its forward 12 month price to earnings (EPS) of $9.7 per share

  • Seagate Technology Holdings plc engages in the provision of data storage technology and infrastructure solutions in Singapore, the United States, the Netherlands, and internationally.

  • Based in Singapore, the company has 30,000 full time employees and a market cap of $32.83 Billion. Seagate Technology currently returns an annual dividend yield of 1.8%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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