Seagate Technology PLC (NASDAQ: STX) recently received the rating of “Hold” after a consensus from analysts of twenty-six brokerages covering this stock.
Among the twenty-six analysts’ ratings, three have given out a rating of “Sell”, eight gave out a “Buy” rating and a majority of fifteen brokerages have rated the company as “Hold”. The 52-week target price as set by these brokerages stand at $55.18.
STX stocks traded at $64.72 this Friday. The company’ current market capitalization stands at $16.63 billion. It has a PE ratio of 17.03 along with a beta of 0.96 at the moment. The 12-monthly high to low ranges from $66.69 to $39.02. The 50SMA (50 Days Simple Moving Average) stands at $57.59 and its 200SMA stands at $50.73. The debt-to-equity of this company is 2.33. The current ratio stands at 1.51 along with a quick ratio of 1.09.
Seagate Technology PLC (NASDAQ: STX) Stock Analysis
The quarterly earnings report for the previous quarter was released on the 22nd of October. The earnings stood at $0.93 EPS as opposed to the general consensus of $0.76 proposed by Thomson Reuters’ analysts. The company’s return on equity stood at 68.62% along with the net margin of 9.55%. The estimated income for the firm was marked at $2.36 billion but it made $2.31 billion for the quarter. During the same time previous year, the firm’s EPS was $1.03. The FY2020 EPS might stand at 4.34 according to analysts.
NASDAQ: STX has recently been the subject of a lot of reports by research analysts. Some such as Loop Capital, Benchmark, Zacks Investment Research, Craig Hallum, BidAskClub, and so on have posted reports on this company over the last few months.
Several hedge funds and institutional investors have also been involved in buying and selling of NASDAQ: LYFT shares recently. Among some of the notable ones, Director Stephen J. Luczo, SVP Jeffrey D. Fochtman, and so on changed their stock holdings of this company.