A new trading day began on Tuesday, with Seagate Technology Holdings Plc (NASDAQ: STX) stock price up 1.10% from the previous day of trading, before settling in for the closing price of $93.48. STX’s price has ranged from $82.31 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. Meanwhile, its annual earnings per share averaged 475.24%. With a float of $210.50 million, this company’s outstanding shares have now reached $211.71 million.
Let’s look at the performance matrix of the company that is accounted for 30000 employees. In terms of profitability, gross margin is 31.79%, operating margin of 16.88%, and the pretax margin is 15.71%.
Seagate Technology Holdings Plc (STX) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Computer Hardware Industry. The insider ownership of Seagate Technology Holdings Plc is 0.57%, while institutional ownership is 90.45%. 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 475.24% per share during the next fiscal year.
Seagate Technology Holdings Plc (NASDAQ: STX) Trading Performance Indicators
Here are Seagate Technology Holdings Plc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.49. Likewise, its price to free cash flow for the trailing twelve months is 29.21.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.46, a number that is poised to hit 1.73 in the next quarter and is forecasted to reach 9.86 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 3.18 million, a negative change from its year-to-date volume of 3.67 million. As of the previous 9 days, the stock’s Stochastic %D was 4.67%. Additionally, its Average True Range was 3.35.
During the past 100 days, Seagate Technology Holdings Plc’s (STX) raw stochastic average was set at 30.79%, which indicates a significant increase from 12.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.68% in the past 14 days, which was higher than the 30.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $95.59, while its 200-day Moving Average is $99.17. Nevertheless, the first resistance level for the watch stands at $95.31 in the near term. At $96.10, the stock is likely to face the second major resistance level. The third major resistance level sits at $97.42. If the price goes on to break the first support level at $93.20, it is likely to go to the next support level at $91.88. Assuming the price breaks the second support level, the third support level stands at $91.09.
Seagate Technology Holdings Plc (NASDAQ: STX) Key Stats
With a market capitalization of 20.01 billion, the company has a total of 211,707K Shares Outstanding. Currently, annual sales are 6,551 M while annual income is 335,000 K. The company’s previous quarter sales were 2,325 M while its latest quarter income was 336,000 K.
