Seagate Stock Today

STX
 Stock
  

USD 51.45  0.86  1.64%   

Market Performance
0 of 100
Odds Of Distress
Less than 42
Seagate Technology is trading at 51.45 as of the 29th of November 2022; that is -1.64 percent decrease since the beginning of the trading day. The stock's open price was 52.31. Seagate Technology has about a 42 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Seagate Technology Hldgs are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2020 and ending today, the 29th of November 2022. Click here to learn more.
CUSIP
G7945J104
Fiscal Year End
July
Business Domain
Technology Hardware & Equipment
IPO Date
11th of December 2002
Category
Technology
Classification
Information Technology
Seagate Technology Holdings plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. Seagate Technology Holdings plc was founded in 1978 and is based in Dublin, Ireland. Seagate Technology operates under Computer Hardware classification in the United States and is traded on NASDAQ Exchange. The company has 206.45 M outstanding shares of which 11.18 M shares are at this time shorted by investors with about 3.21 days to cover. More on Seagate Technology Hldgs

Moving against Seagate Technology

-0.69OTGLYCD Projekt SA Sell-off TrendPairCorr
-0.53SUZSuzano Papel E Potential GrowthPairCorr
Followed Valuation Odds of Bankruptcy
Check how we calculate scores

Seagate Technology Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Seagate Technology's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Seagate Technology or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Seagate Technology generated a negative expected return over the last 90 days
Over 87.0% of the company shares are owned by institutional investors
On 5th of October 2022 Seagate Technology paid $ 0.7 per share dividend to its current shareholders
Latest headline from news.google.com: Brokerages Consensus Rating for Sandstorm Gold Ltd. is Moderate Buy . - Best Stocks
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Seagate Technology's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Seagate Technology's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEO, DirectorCarl Sterritt
Thematic Ideas
(view all).
Average Analyst Recommendation
Analysts covering Seagate Technology report their recommendations after researching Seagate Technology's financial statements, talking to executives and customers, or listening in on Seagate Technology's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Seagate Technology Hldgs. The Seagate consensus assessment is calculated by taking the average forecast from all of the analysts covering Seagate Technology.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Seagate Technology's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldOvervalued
Seagate Technology Hldgs (STX) is traded on NASDAQ Exchange in USA and employs 40,000 people. The company currently falls under 'Large-Cap' category with total capitalization of 11.32 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Seagate Technology's market, we take the total number of its shares issued and multiply it by Seagate Technology's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Seagate Technology Hldgs runs under Technology sector within Computer Hardware industry. The entity has 206.45 M outstanding shares of which 11.18 M shares are at this time shorted by investors with about 3.21 days to cover. Seagate Technology Hldgs has about 772 M in cash with 1.41 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.74.
Check Seagate Technology Probability Of Bankruptcy
Ownership
Seagate Technology maintains a total of 206.45 Million outstanding shares. The majority of Seagate Technology Hldgs outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Seagate Technology to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Seagate Technology Hldgs. Please pay attention to any change in the institutional holdings of Seagate Technology Hldgs as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Seagate Ownership Details

Seagate Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Seagate Technology jumping above the current price in 90 days from now is about 82.72%. The Seagate Technology Hldgs probability density function shows the probability of Seagate Technology stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.4553. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Seagate Technology will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Seagate Technology Hldgs is significantly underperforming DOW.
  Odds Below 51.45HorizonTargetOdds Above 51.45
17.19%90 days
 51.45 
82.72%
Based on a normal probability distribution, the odds of Seagate Technology to move above the current price in 90 days from now is about 82.72 (This Seagate Technology Hldgs probability density function shows the probability of Seagate Stock to fall within a particular range of prices over 90 days) .

Seagate Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Seagate Technology that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Seagate Technology's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Seagate Technology's value.
InstituionSecurity TypeTotal SharesValue
Zwj Investment Counsel IncCommon SharesK213 K
Zwj Investment Counsel IncCommon SharesK286 K
Zweigdimenna Associates LlcPut Options80 K5.7 M
View Seagate Technology Diagnostics

Seagate Technology Hldgs Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Seagate Technology market risk premium is the additional return an investor will receive from holding Seagate Technology long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Seagate Technology. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Seagate Technology's alpha and beta are two of the key measurements used to evaluate Seagate Technology's performance over the market, the standard measures of volatility play an important role as well.

Seagate Stock Against Markets

Picking the right benchmark for Seagate Technology stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Seagate Technology stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Seagate Technology is critical whether you are bullish or bearish towards Seagate Technology Hldgs at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Seagate Technology without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Seagate Technology Corporate Directors

Seagate Technology corporate directors refer to members of a Seagate Technology board of directors. The board of directors generally takes responsibility for the Seagate Technology's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Seagate Technology's board members must vote for the resolution. The Seagate Technology board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Edward Zander - Independent DirectorProfile
Chong Park - Lead Independent DirectorProfile
Jay Geldmacher - Independent DirectorProfile
Rolf Hoffman - Non-Executive DirectorProfile

Invested in Seagate Technology Hldgs?

The danger of trading Seagate Technology Hldgs is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Seagate Technology is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Seagate Technology. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Seagate Technology Hldgs is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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Is Seagate Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Seagate Technology. If investors know Seagate will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Seagate Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.94) 
Market Capitalization
10.8 B
Quarterly Revenue Growth YOY
(0.35) 
Return On Assets
0.11
Return On Equity
0.92
The market value of Seagate Technology Hldgs is measured differently than its book value, which is the value of Seagate that is recorded on the company's balance sheet. Investors also form their own opinion of Seagate Technology's value that differs from its market value or its book value, called intrinsic value, which is Seagate Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Seagate Technology's market value can be influenced by many factors that don't directly affect Seagate Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Seagate Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine Seagate Technology value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seagate Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.