Seagate Technology Holdings Plc (NASDAQ:STX) has a beta value of 1.37 and has seen 1.63 million shares traded in the recent trading session. The company, currently valued at $16.71B, closed the recent trade at $78.94 per share which meant it gained $3.58 on the day or 4.75% during that session. The STX stock price is -46.09% off its 52-week high price of $115.32 and 19.95% above the 52-week low of $63.19. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.74 million shares traded. The 3-month trading volume is 3.68 million shares.
The consensus among analysts is that Seagate Technology Holdings Plc (STX) is Buy stock at the moment, with a recommendation rating of 2.00. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 10 out of 22 have rated it as a Hold, with 11 advising it as a Buy. 0 have rated the stock as Underweight.
Seagate Technology Holdings Plc (NASDAQ:STX) trade information
Sporting 4.75% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the STX stock price touched $78.94 or saw a rise of 2.76%. Year-to-date, Seagate Technology Holdings Plc shares have moved -8.54%, while the 5-day performance has seen it change 9.64%. Over the past 30 days, the shares of Seagate Technology Holdings Plc (NASDAQ:STX) have changed -11.09%. Short interest in the company has seen 18.65 million shares shorted with days to cover at 5.57.
Wall Street analysts have a consensus price target for the stock at $112, which means that the shares’ value could jump 29.52% from the levels at last check today.. The projected low price target is $65.0 while the price target rests at a high of $170.0. In that case, then, we find that the latest price level in today’s session is -115.35% off the targeted high while a plunge would see the stock lose 17.66% from the levels at last check today..
Seagate Technology Holdings Plc (STX) estimates and forecasts
The company’s shares have lost -29.59% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -25.87% over the past 5 years. Earnings growth for 2025 is a modest 473.65% while over the next 5 years, the company’s earnings are expected to increase by 95.01%.
STX Dividends
Seagate Technology Holdings Plc is expected to release its next earnings report on 2025-Jan-20 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 2.84 at a share yield of 3.60%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 3.75%.
Seagate Technology Holdings Plc (NASDAQ:STX)’s Major holders
Insiders own 0.40% of the company shares, while shares held by institutions stand at 92.94% with a share float percentage of 93.31%. Investors are also buoyed by the number of investors in a company, with Seagate Technology Holdings Plc having a total of 1144.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 25.2 million shares worth more than $2.6 billion. As of 2024-06-30, VANGUARD GROUP INC held 12.0002% of shares outstanding.
The other major institutional holder is JPMORGAN CHASE & CO, with the holding of over 23.05 million shares as of 2024-06-30. The firm’s total holdings are worth over $2.38 billion and represent 11.0278% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . As of Dec 31, 2024 , the former fund manager holds about 3.14% shares in the company for having 6.65 shares of worth $520.77 million while later fund manager owns 5.73 shares of worth $448.1 million as of Dec 31, 2024 , which makes it owner of about 2.70% of company’s outstanding stock.
