24-Apr-2024
Seagate Technology declares $0.70 dividend
Seeking Alpha News (Wed, 24-Apr 11:09 AM ET)
Seagate maintains Buy rating from analysts despite HAMR hiccup
Seeking Alpha News (Wed, 24-Apr 9:19 AM ET)
TipRanks (Wed, 24-Apr 8:50 AM ET)
TipRanks (Wed, 24-Apr 7:50 AM ET)
Analysts Offer Insights on Technology Companies: Texas Instruments (TXN) and Seagate Tech (STX)
TipRanks (Wed, 24-Apr 6:40 AM ET)
Analysts Conflicted on These Technology Names: Enphase Energy (ENPH) and Seagate Tech (STX)
TipRanks (Wed, 24-Apr 6:30 AM ET)
Seagate Technology: A Strong Buy on HAMR Advancements and Anticipated Margin Improvements
TipRanks (Wed, 24-Apr 5:41 AM ET)
Balancing Act: Hold Rating on Seagate Amidst Near-term Gains and Technological Uncertainties
TipRanks (Wed, 24-Apr 3:55 AM ET)
Tesla, Boeing And 3 Stocks To Watch Heading Into Wednesday
Benzinga (Wed, 24-Apr 2:22 AM ET)
TipRanks (Wed, 24-Apr 12:20 AM ET)
Seagate is a leading supplier of hard disk drives for data storage to the enterprise and consumer markets. It forms a practical duopoly in the market with its chief rival, Western Digital; they are both vertically integrated.
Seagate Tech Hldgs trades on the NASDAQ stock market under the symbol STX.
As of April 24, 2024, STX stock price climbed to $87.11 with 6,793,304 million shares trading.
STX has a beta of 1.51, meaning it tends to be more sensitive to market movements. STX has a correlation of 0.25 to the broad based SPY ETF.
STX has a market cap of $18.25 billion. This is considered a Large Cap stock.
Last quarter Seagate Tech Hldgs reported $2 billion in Revenue and $.33 earnings per share. This fell short of revenue expectation by $-25 million and exceeded earnings estimates by $.04.
In the last 3 years, STX stock traded as high as $117.67 and as low as $47.47.
The top ETF exchange traded funds that STX belongs to (by Net Assets): VTI, VOO, VO, SPY, IVV.
STX has outperformed the market in the last year with a return of +59.4%, while the SPY ETF gained +24.2%. However, in the most recent history, STX shares have underperformed the stock market with its stock returning -1.6% in the last 3 month period and -2.7% for the last 2 week period, while SPY has returned +4.6% and -2.7%, respectively.
STX support price is $84.63 and resistance is $88.43 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that STX stock will trade within this expected range on the day.