Seagate Technology Holdings Plc (NASDAQ: STX) on Monday, plunged -1.54% from the previous trading day, before settling in for the closing price of $85.19. Within the past 52 weeks, STX’s price has moved between $54.32 and $101.26.
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Annual sales at Technology sector company slipped by -6.36% over the past five years. The company achieved an average annual earnings per share of 302.17%. With a float of $208.35 million, this company’s outstanding shares have now reached $209.51 million.
Let’s look at the performance matrix of the company that is accounted for 33400 employees.
Seagate Technology Holdings Plc (STX) Insider Updates
Observing investor behavior towards Computer Hardware industry stocks is more important than anything else. The insider ownership of Seagate Technology Holdings Plc is 0.55%, while institutional ownership is 95.76%. The most recent insider transaction that took place on Mar 09 ’24, was worth 92,690. In this transaction Chief Executive Officer of this company sold 1,000 shares at a rate of $92.69, taking the stock ownership to the 672,192 shares. Before that another transaction happened on Mar 09 ’24, when Company’s EVP & CFO sold 485 for $92.69, making the entire transaction worth $44,955. This insider now owns 72,877 shares in total.
Seagate Technology Holdings Plc (STX) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 20.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 302.17% per share during the next fiscal year.
Seagate Technology Holdings Plc (NASDAQ: STX) Trading Performance Indicators
Seagate Technology Holdings Plc (STX) is currently performing well based on its current performance indicators. A quick ratio of 0.62 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.72. Likewise, its price to free cash flow for the trailing twelve months is 35.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.51, a number that is poised to hit 0.29 in the next quarter and is forecasted to reach 5.00 in one year’s time.
Technical Analysis of Seagate Technology Holdings Plc (STX)
Seagate Technology Holdings Plc (NASDAQ: STX) saw its 5-day average volume 2.69 million, a negative change from its year-to-date volume of 2.75 million. As of the previous 9 days, the stock’s Stochastic %D was 12.31%. Additionally, its Average True Range was 3.03.
During the past 100 days, Seagate Technology Holdings Plc’s (STX) raw stochastic average was set at 32.48%, which indicates a significant increase from 3.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.97% in the past 14 days, which was higher than the 29.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $89.56, while its 200-day Moving Average is $76.13. Nevertheless, the first resistance level for the watch stands at $86.22 in the near term. At $88.56, the stock is likely to face the second major resistance level. The third major resistance level sits at $90.02. If the price goes on to break the first support level at $82.42, it is likely to go to the next support level at $80.96. Assuming the price breaks the second support level, the third support level stands at $78.62.
Seagate Technology Holdings Plc (NASDAQ: STX) Key Stats
Market capitalization of the company is 17.57 billion based on 209,511K outstanding shares. Right now, sales total 7,384 M and income totals -529,000 K. The company made 1,555 M in profit during its latest quarter, and -19,000 K in sales during its previous quarter.
