In recent trading session, Seagate Technology Holdings Plc (NASDAQ:STX) saw 0.99 million shares changing hands at last check today with its beta currently measuring 1.37. Company’s recent per share price level of $106.94 trading at $1.75 or 1.66% at last check today assigns it a market valuation of $22.69B. That most recent trading price of STX’s stock is at a discount of -7.84% from its 52-week high price of $115.32 and is indicating a premium of 40.91% from its 52-week low price of $63.19. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.75 million shares which gives us an average trading volume of 4.09 million if we extend that period to 3-months.
For Seagate Technology Holdings Plc (STX), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.09. Splitting up the data highlights that, out of 22 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 10 suggested the stock as a Hold whereas 11 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 2.38 in the current quarter.
Seagate Technology Holdings Plc (NASDAQ:STX) trade information
Upright in the green today for gaining 1.66%, in the last five days STX remained trading in the green while hitting it’s week-highest on Thursday, 05/15/25 when the stock touched $106.94 price level, adding 0.98% to its value on the day. Seagate Technology Holdings Plc’s shares saw a change of 23.90% in year-to-date performance and have moved 11.05% in past 5-day. Seagate Technology Holdings Plc (NASDAQ:STX) showed a performance of 48.53% in past 30-days. Number of shares sold short was 18.86 million shares which calculate 3.5 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 140 to the stock, which implies a rise of 23.61% to its recent value today. Analysts have been projecting 140 as a low price target for the stock while placing it at a high target of 140. It follows that stock’s current price would drop -30.91% in reaching the projected high whereas dropping to the targeted low would mean a loss of -30.91% for stock’s current value.
Seagate Technology Holdings Plc (STX) estimates and forecasts
This year revenue growth is estimated to rise 38.20% from the last financial year’s standing.
16 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 2.4B for the same. And 15 analysts are in estimates of company making revenue of 2.5B in the next quarter. Company posted 1.89B and 2.17B of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -25.87% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 511.14% while estimates for its earnings growth in next 5 years are of 98.90%.
STX Dividends
Seagate Technology Holdings Plc is more likely to be releasing its next quarterly report on 2025-Apr-28 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 2.66%, the share has a forward dividend of 2.84 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 3.71%.
Seagate Technology Holdings Plc (NASDAQ:STX)’s Major holders
Insiders are in possession of 0.40% of company’s total shares while institution are holding 96.79 percent of that, with stock having share float percentage of 97.18%. Investors also watch the number of corporate investors in a company very closely, which is 96.79% institutions for Seagate Technology Holdings Plc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at STX for having 25.2 million shares of worth $2.6 billion. And as of 2024-06-30, it was holding 12.0002 of the company’s outstanding shares.
The second largest institutional holder is JPMORGAN CHASE & CO, which was holding about 23.05 million shares on 2024-06-30. The number of shares represents firm’s hold over 10.9753 of outstanding shares, having a total worth of $2.38 billion.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 6.65 shares of worth $715.01 million or 3.14% of the total outstanding shares. The later fund manager was in possession of 5.73 shares on Dec 31, 2024 , making its stake of worth around $615.24 million in the company or a holder of 2.70% of company’s stock.