Seagate Technology Holdings Plc [STX] stock prices are up 1.94% to $99.92 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The STX shares have gain 2.52% over the last week, with a monthly amount drifted -3.48%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Seagate Technology Holdings Plc [NASDAQ: STX] stock has seen the most recent analyst activity on July 24, 2024, when TD Cowen reiterated its Buy rating and also boosted its price target to $135 from $110. Previously, BofA Securities reaffirmed its Buy rating on June 05, 2024, and kept the price target unchanged to $110. On May 14, 2024, Citigroup initiated with a Buy rating and assigned a price target of $110 on the stock. Wedbush upgraded its rating to a Outperform but stick to its price target of $100 on May 01, 2024. Morgan Stanley upgraded its rating to a Overweight and raised its price target to $115 on March 26, 2024. Evercore ISI started tracking with a Outperform rating for this stock on February 27, 2024, and assigned it a price target of $110. In a note dated January 25, 2024, TD Cowen reiterated an Outperform rating on this stock and boosted its target price from $85 to $110.
The stock price of Seagate Technology Holdings Plc [STX] has been fluctuating between $75.52 and $115.32 over the past year. Currently, Wall Street analysts expect the stock to reach $113.84 within the next 12 months. Seagate Technology Holdings Plc [NASDAQ: STX] shares were valued at $99.92 at the most recent close of the market. An investor can expect a potential return of 13.93% based on the average STX price forecast.
Analyzing the STX fundamentals
The Seagate Technology Holdings Plc [NASDAQ:STX] reported sales of 7.26B for trailing twelve months, representing a surge of 49.11%. Gross Profit Margin for this corporation currently stands at 0.29% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is -0.51 and Total Capital is 0.21. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-4.37.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 98.59 points at the first support level, and at 97.26 for the second support level. However, for the 1st resistance point, the stock is sitting at 100.73, and for the 2nd resistance point, it is at 101.54.
Ratios To Look Out For
It’s worth pointing out that Seagate Technology Holdings Plc [NASDAQ:STX]’s Current Ratio is 1.14. Also, the Quick Ratio is 0.70, while the Cash Ratio stands at 0.39. Considering the valuation of this stock, the price to sales ratio is 2.91 and price to earnings (TTM) ratio is 26.13.
Transactions by insiders
Recent insider trading involved Chong Kian Fatt, SVP, Global Operations, that happened on Nov 08 ’24 when 9182.0 shares were sold. Officer, Chong Kian Fatt completed a deal on Nov 08 ’24 to buy 9182.0 shares. Meanwhile, Chief Executive Officer MOSLEY WILLIAM D sold 20000.0 shares on Nov 01 ’24.
