At the time of writing, Seagate Technology Holdings Plc [STX] stock is trading at $108.19, down -0.21%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The STX shares have gain 13.80% over the last week, with a monthly amount glided 23.91%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Seagate Technology Holdings Plc [NASDAQ: STX] stock has seen the most recent analyst activity on January 22, 2025, when The Benchmark Company upgraded its rating to a Buy but kept the price target unchanged to $120 for it. Previously, Summit Insights upgraded its rating to Buy on January 22, 2025. On January 21, 2025, Morgan Stanley reiterated its Overweight rating and revised its price target to $129 on the stock. TD Cowen reiterated its Buy rating and increased its price target to $135 on July 24, 2024. BofA Securities reiterated its recommendation of a Buy but $110 remained the price target by the analyst firm on June 05, 2024. Citigroup started tracking with a Buy rating for this stock on May 14, 2024, and assigned it a price target of $110. In a note dated May 01, 2024, Wedbush upgraded an Outperform rating on this stock but restated the target price of $100.
For the past year, the stock price of Seagate Technology Holdings Plc fluctuated between $82.31 and $115.32. Currently, Wall Street analysts expect the stock to reach $129.25 within the next 12 months. Seagate Technology Holdings Plc [NASDAQ: STX] shares were valued at $108.19 at the most recent close of the market. An investor can expect a potential return of 19.47% based on the average STX price forecast.
Analyzing the STX fundamentals
According to Seagate Technology Holdings Plc [NASDAQ:STX], the company’s sales were 8.04B for trailing twelve months, which represents an 49.52% jump. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is -0.82 and Total Capital is 0.27. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -0.44.
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 107.11 points at the first support level, and at 106.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 109.75, and for the 2nd resistance point, it is at 111.32.
Ratios To Look Out For
It is important to note that Seagate Technology Holdings Plc [NASDAQ:STX] has a current ratio of 1.23. In addition, the Quick Ratio stands at 0.74 and the Cash Ratio stands at 0.42. Considering the valuation of this stock, the price to sales ratio is 2.85 and price to earnings (TTM) ratio is 19.80.
Transactions by insiders
Recent insider trading involved MOSLEY WILLIAM D, Chief Executive Officer, that happened on Jan 02 ’25 when 20000.0 shares were sold. Director, WILLIAM D. MOSLEY completed a deal on Jan 02 ’25 to buy 60000.0 shares. Meanwhile, SVP & CTO Morris John Christopher sold 141.0 shares on Dec 12 ’24.
