On Tuesday, Seagate Technology Holdings Plc (NASDAQ: STX) opened higher 2.59% from the last session, before settling in for the closing price of $88.93. Price fluctuations for STX have ranged from $82.31 to $115.32 over the past 52 weeks.
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A company in the Technology sector has dropped its sales by -7.20% annually for the last half of the decade. Company’s average yearly earnings per share was noted 471.97% at the time writing. With a float of $210.32 million, this company’s outstanding shares have now reached $211.46 million.
In an organization with 30000 employees, it is important to assess its efficiency. 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 0.57%, while institutional ownership is 89.28%. The most recent insider transaction that took place on Jan 02 ’25, was worth 1,733,019. In this transaction Chief Executive Officer of this company sold 20,000 shares at a rate of $86.65, taking the stock ownership to the 605,530 shares. Before that another transaction happened on Jan 02 ’25, when Company’s Director proposed sale 60,000 for $86.31, making the entire transaction worth $5,178,600.
Seagate Technology Holdings Plc (STX) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.85 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 471.97% 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 2.66. Likewise, its price to free cash flow for the trailing twelve months is 30.44.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.82, a number that is poised to hit 1.88 in the next quarter and is forecasted to reach 9.52 in one year’s time.
Technical Analysis of Seagate Technology Holdings Plc (STX)
Let’s dig in a bit further. During the last 5-days, its volume was 2.75 million. That was better than the volume of 2.58 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 68.86%. Additionally, its Average True Range was 2.35.
During the past 100 days, Seagate Technology Holdings Plc’s (STX) raw stochastic average was set at 19.89%, which indicates a significant decrease from 92.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.22% in the past 14 days, which was lower than the 28.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $95.67, while its 200-day Moving Average is $98.38. However, in the short run, Seagate Technology Holdings Plc’s stock first resistance to watch stands at $92.28. Second resistance stands at $93.34. The third major resistance level sits at $94.93. If the price goes on to break the first support level at $89.64, it is likely to go to the next support level at $88.05. The third support level lies at $86.99 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 19.30 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.
