Seagate Technology PLC (STX) Given Average Rating of "Hold" by Analysts

Analysts have given a mean recommendation of 3.10 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). This will give analytical advantage to a shorter-term trader since it pursues the price more intimately, and consequently produces less "lag" as comparison to the longer-term moving average.

A number of research analysts recently commented on the stock. Windstream Holdings, Inc. (WIN) holds the market capitalization of $338.00M along with 186.74M outstanding shares. Seagate Technology PLC has an average rating of "Hold" and an average price target of $38.77.

Seagate Technology PLC (NASDAQ:STX) last released its earnings results on Monday, October 23rd. Zacks Investment Research upgraded shares of Seagate Technology PLC from a "hold" rating to a "buy" rating and set a $43.00 target price for the company in a report on Thursday, October 26th. Guggenheim reiterated a "hold" rating on shares of Seagate Technology PLC in a report on Monday, October 23rd. If you are accessing this piece on another publication, it was illegally copied and republished in violation of US and worldwide trademark & copyright law. The legal version of this report can be viewed at The shares were sold at an average price of $36.16, for a total value of $62,050.56. Following the sale, the director now directly owns 3,316 shares of the company's stock, valued at approximately $129,357.16. Active and passive investors always require every bit of information available regarding his chosen security and this include keeping close watch on fundamental and technical data. The shares were purchased at an average price of $37.19. The disclosure for this sale can be found here. AXA now owns 103,000 shares of the data storage provider's stock worth $3,548,000 after buying an additional 3,289 shares during the last quarter.

Several other institutional investors also recently modified their holdings of the stock. Global X Management Co. Teachers Advisors Inc. boosted its position in Seagate Technology PLC by 1.4% in the first quarter. WFG Advisors LP lifted its stake in Seagate Technology PLC by 16,536.4% in the second quarter. Geode Capital Management LLC now owns 2,429,601 shares of the data storage provider's stock worth $83,532,000 after buying an additional 93,659 shares during the last quarter. Pacer Advisors Inc. bought a new position in Seagate Technology PLC in the 2nd quarter valued at about $150,000. "Grows Position in Seagate Technology PLC (STX)" was first reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. With short interest at 42,178,127 and short average daily volume at 4,281,041, the short-interest ratio is 10.0 and the percentage of shorted shares is 0.15% as of October 13. When looking at the past five sessions, the stock returned -6.79% losses and is down by -8.74% compared with its 200-day moving average of $37.72. The firm has a market cap of $9.75 billion, a P/E ratio of 26.21 and a beta of 1.99.

Seagate Technology plc (NASDAQ:STX) touched its 1-Year High price of $50.96 on 04/25/17 and its 1-Year Low price of $30.60 on 08/23/17. Analysts are turning out to be more pessimistic than before, with 3 of analysts who cover Seagate Technology plc (NASDAQ:STX) advice adding it to buy candidate list. The data storage provider reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.10. Seagate Technology PLC had a net margin of 7.41% and a return on equity of 84.50%. The firm had revenue of $2.80 billion for the quarter, compared to analyst estimates of $2.79 billion. Analysts expect next quarter's EPS to be $0.96 with next year's EPS projected to be $4.14. The company's quarterly revenue was down 5.9% on a year-over-year basis. Equities analysts forecast that Seagate Technology PLC will post $3.72 EPS for the current fiscal year. The company announced a dividend for shareholders that will be paid on Wednesday January 3rd, 2018. Stockholders of record on Wednesday, December 20th will be issued a dividend of $0.63 per share. The ex-dividend date is Tuesday, December 19th. This represents a $2.52 dividend on an annualized basis and a yield of 7.31%.

Seagate Technology PLC offers a portfolio of hard disc drives, solid state drives and solid state hybrid drives.

The Company also provides data storage services for businesses, including online backup, data protection and recovery solutions.

Like this


01 Ноября 2017
Coatings for Medical Devices
Another major driving factor is increasing demand for minimally invasive procedures coupled along with technological innovations. It also embraces comprehensive information on every single segment of the Gan (Gallium Nitride) Semiconductor Devices market.

01 Ноября 2017
ICICI Bank Limited (IBN) stock ends Yesterday with change of 2.73%
The expected future growth in earnings per share ("EPS") is an incredibly important identifying an under-valued stock. ICICI Bank Limited (NYSE: IBN ) gained 2.73% in yesterday's session, going up from its prior closing price of $8.80 to $9.04.

01 Ноября 2017
Iman Shumpert expected to miss five to seven days
Iman Shumpert is expected to miss five to seven days with increased right knee soreness, the Cavs announced Tuesday. Shumpert missed Sunday's game against the New York Knicks due to the knee pain.

01 Ноября 2017
Samsung Electronics Logged a Record of $10.0 Billion for the Q3
Samsung Electronics operates the world's largest semi-conductor plant and is upgrading many of its production line. It is the first time in the history of the company that it has separated the roles of board Chairman and CEO.

01 Ноября 2017
Honda profit slips on air-bag woes despite sales growth
Honda now expects the yen to average 109 to the dollar in the current business year, much cheaper than the 107 projected earlier. On a group basis, Honda sold 452,000 vehicles in North America in the quarter, down from 479,000 units a year earlier.

01 Ноября 2017
Brexit reports stay secret, says David Davis
They said they would release the information in an "organised and efficient manner" rather than a FOI request. In recent weeks the Government has ordered Tory MPs not to vote against Labour motions.

01 Ноября 2017
AT&T expands partnership on business cloud networking products with AWS
FlexWare: AT&T is expanding the reach of how AWS customers can access the cloud more securely. The technology has the ability to process 5 billion security events in only 10 minutes.

01 Ноября 2017
Kevin De Bruyne plays down Manchester City's chances of matching Arsenal's Invincibles
The Belgian worldwide was questioned by reporters about the possibility of his side going through the whole season unbeaten. What an achievement and what an experience for those young players as they set out on their professional careers.

01 Ноября 2017
From truck driver to Uber driver to Manhattan terror attack suspect
He described the crashed vehicle as a white pick-up truck with a Home Depot logo. "We heard the screaming", she said. I know what gunshots sound like. "What I saw was that the driver - he didn't look like he was bleeding", said Cruz.

01 Ноября 2017
Whole Foods hiring 6000 new team members nationwide
But as of now, little information has been announced on what new formats Whole Foods will bring to the table. Candidates can visit the stores Thursday and be interviewed, with opportunities for on-the-spot job offers.