Seagate Technology Holdings Plc (NASDAQ:STX)’s traded shares stood at 11.88 million during the last session, with the company’s beta value hitting 1.36. At the close of trading, the stock’s price was $91.03, to imply an increase of 11.56% or $9.43 in intraday trading. The STX share’s 52-week high remains $115.32, putting it -26.68% down since that peak but still an impressive 30.58% since price per share fell to its 52-week low of $63.19. The company has a valuation of $19.27B, with an average of 4.9 million shares in intraday trading volume over the past 10 days and average of 3.75 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Seagate Technology Holdings Plc (STX), translating to a mean rating of 2.00. Of 22 analyst(s) looking at the stock, 1 analyst(s) give STX a Sell rating. 0 of those analysts rate the stock as Overweight while 10 advise Hold as 11 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 2.39.
Seagate Technology Holdings Plc (NASDAQ:STX) trade information
After registering a 11.56% upside in the last session, Seagate Technology Holdings Plc (STX) has traded red over the past five days. The 5-day price performance for the stock is 16.57%, and 7.16% over 30 days. With these gigs, the year-to-date price performance is 5.47%. Short interest in Seagate Technology Holdings Plc (NASDAQ:STX) saw shorts transact 17.18 million shares and set a 3.99 days time to cover.
The extremes give us $65 and $170 for target low and target high price respectively. As such, STX has been trading -86.75% off suggested target high and 28.59% from its likely low.
Seagate Technology Holdings Plc (STX) estimates and forecasts
The rating firms project that company’s revenue will grow 38.19% compared to the previous financial year.
Revenue forecast for the current quarter as set by 15 analysts is 2.4B. Meanwhile, for the current quarter, a total of 14 analyst(s) estimate revenue growth to 2.5B.Earnings reports from the last fiscal year show that sales brought in 1.89B and 2.17B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 27.31% before jumping 15.40% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -25.87% for the past 5-year period. While 2025 is set for a 503.34% return in earnings, projections for the next 5 years are at 99.26% annually.
STX Dividends
Seagate Technology Holdings Plc has its next earnings report out on 2025-Apr-28. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Seagate Technology Holdings Plc has a forward dividend ratio of 2.84, with the share yield ticking at 3.12% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 3.75%.
Seagate Technology Holdings Plc (NASDAQ:STX)’s Major holders
Seagate Technology Holdings Plc insiders hold 0.40% of total outstanding shares, with institutional holders owning 92.83% of the shares at 93.20% float percentage. In total, 92.83% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 25.2 million shares (or 12.0002% of shares), all amounting to roughly $2.6 billion.
The next major institution holding the largest number of shares is JPMORGAN CHASE & CO with 23.05 million shares, or about 11.0278% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $2.38 billion.
We also have VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund as the top two Mutual Funds with the largest holdings of the Seagate Technology Holdings Plc (STX) shares. Going by data provided on Dec 31, 2024 , VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund holds roughly 6.65 shares. This is just over 3.14% of the total shares, with a market valuation of $605.75 million. Data from the same date shows that the other fund manager holds a little less at 5.73, or 2.70% of the shares, all valued at about 521.22 million.
