On Friday, Seagate Technology Holdings Plc (NASDAQ: STX) opened lower -0.30% from the last session, before settling in for the closing price of $99.92. Price fluctuations for STX have ranged from $75.64 to $115.32 over the past 52 weeks.
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Annual sales at Technology sector company slipped by -7.20% over the past five years. Company’s average yearly earnings per share was noted 480.37% at the time writing. With a float of $210.24 million, this company’s outstanding shares have now reached $211.53 million.
Let’s look at the performance matrix of the company that is accounted for 30000 employees. In terms of profitability, gross margin is 28.96%, operating margin of 13.65%, and the pretax margin is 12.5%.
Seagate Technology Holdings Plc (STX) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Computer Hardware industry is another important factor to consider. The insider ownership of Seagate Technology Holdings Plc is 0.61%, while institutional ownership is 89.16%. The most recent insider transaction that took place on Nov 22 ’24, was worth 2,177,168. Before that another transaction happened on Nov 08 ’24, when Company’s SVP, Global Operations sold 9,182 for $105.50, making the entire transaction worth $968,701. This insider now owns 0 shares in total.
Seagate Technology Holdings Plc (STX) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.12 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.06) by 0.18. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.95 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 480.37% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 52.97% during the next five years compared to -25.87% drop over the previous five years of trading.
Seagate Technology Holdings Plc (NASDAQ: STX) Trading Performance Indicators
Check out the current performance indicators for Seagate Technology Holdings Plc (STX). In the past quarter, the stock posted a quick ratio of 0.70. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.89. Likewise, its price to free cash flow for the trailing twelve months is 33.14.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.82, a number that is poised to hit 1.87 in the next quarter and is forecasted to reach 9.61 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 1.89 million, a negative change from its year-to-date volume of 2.47 million. As of the previous 9 days, the stock’s Stochastic %D was 40.02%. Additionally, its Average True Range was 2.33.
During the past 100 days, Seagate Technology Holdings Plc’s (STX) raw stochastic average was set at 37.99%, which indicates a significant increase from 34.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.96% in the past 14 days, which was lower than the 32.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $104.69, while its 200-day Moving Average is $97.82. Nevertheless, the first resistance level for the watch stands at $100.46 in the near term. At $101.31, the stock is likely to face the second major resistance level. The third major resistance level sits at $101.95. If the price goes on to break the first support level at $98.97, it is likely to go to the next support level at $98.33. The third support level lies at $97.48 if the price breaches the second support level.
Seagate Technology Holdings Plc (NASDAQ: STX) Key Stats
There are currently 211,530K shares outstanding in the company with a market cap of 21.01 billion. Presently, the company’s annual sales total 6,551 M according to its annual income of 335,000 K. Last quarter, the company’s sales amounted to 2,168 M and its income totaled 305,000 K.
