In the past week, STX stock has gone up by 13.85%, with a monthly gain of 7.15% and a quarterly plunge of -9.96%. The volatility ratio for the week is 2.82%, and the volatility levels for the last 30 days are 2.53% for Seagate Technology Holdings Plc The simple moving average for the past 20 days is 12.45% for STX’s stock, with a 2.81% simple moving average for the past 200 days.
Is It Worth Investing in Seagate Technology Holdings Plc (NASDAQ: STX) Right Now?
The price-to-earnings ratio for Seagate Technology Holdings Plc (NASDAQ: STX) is above average at 26.47x. The 36-month beta value for STX is also noteworthy at 1.09. There are mixed opinions on the stock, with 11 analysts rating it as a “buy,” 1 rating it as “overweight,” 11 rating it as “hold,” and 1 rating it as “sell.”
The public float for STX is 210.32M, and at present, short sellers hold a 5.91% of that float. The average trading volume of STX on January 22, 2025 was 2.67M shares.
STX) stock’s latest price update
Seagate Technology Holdings Plc (NASDAQ: STX) has seen a rise in its stock price by 3.67 in relation to its previous close of 97.67. However, the company has experienced a 13.85% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2025-01-21 that Seagate Technology Holdings plc (NASDAQ:STX ) Q2 2025 Earnings Conference Call January 21, 2025 5:00 PM ET Company Participants Shanye Hudson – I|R David Mosley – CEO Gianluca Romano – CFO Conference Call Participants Erik Woodring – Morgan Stanley Wamsi Mohan – Bank of America Krish Sankar – TD Cowen Amit Daryanani – Evercore Timothy Arcuri – UBS Asiya Merchant – Citigroup Steven Fox – Fox Advisors Thomas O’Malley – Barclays Aaron Rakers – Wells Fargo Karl Ackerman – BNP Paribas Vijay Rakesh – Mizuho C.J. Muse – Cantor Fitzgerald Ananda Baruah – Loop Capital Operator Good afternoon, and welcome to the Seagate Technology Fiscal Second Quarter 2025 Conference Call.
Analysts’ Opinion of STX
TD Cowen, on the other hand, stated in their research note that they expect to see STX reach a price target of $135, previously predicting the price at $110. The rating they have provided for STX stocks is “Buy” according to the report published on July 24th, 2024.
BofA Securities gave a rating of “Buy” to STX, setting the target price at $110 in the report published on June 05th of the previous year.
STX Trading at 6.11% from the 50-Day Moving Average
After a stumble in the market that brought STX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.20% of loss for the given period.
Volatility was left at 2.53%, however, over the last 30 days, the volatility rate increased by 2.82%, as shares surge +10.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.39% lower at present.
During the last 5 trading sessions, STX rose by +13.85%, which changed the moving average for the period of 200-days by +10.50% in comparison to the 20-day moving average, which settled at $90.04. In addition, Seagate Technology Holdings Plc saw 17.31% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at STX starting from MOSLEY WILLIAM D, who sale 20,000 shares at the price of $86.65 back on Jan 02 ’25. After this action, MOSLEY WILLIAM D now owns 605,530 shares of Seagate Technology Holdings Plc, valued at $1,733,019 using the latest closing price.
WILLIAM D. MOSLEY, the Director of Seagate Technology Holdings Plc, proposed sale 60,000 shares at $86.31 during a trade that took place back on Jan 02 ’25, which means that WILLIAM D. MOSLEY is holding shares at $5,178,600 based on the most recent closing price.
Stock Fundamentals for STX
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.32 for the gross margin
The net margin for Seagate Technology Holdings Plc stands at 0.15. The total capital return value is set at 0.27.
Based on Seagate Technology Holdings Plc (STX), the company’s capital structure generated -0.8 points at debt to capital in total, while cash flow to debt ratio is standing at 1.96. The debt to equity ratio resting at -0.44. The interest coverage ratio of the stock is -271.2.
Currently, EBITDA for the company is 1.03 billion with net debt to EBITDA at -0.56. When we switch over and look at the enterprise to sales, we see a ratio of 2.57. The receivables turnover for the company is 13.69for trailing twelve months and the total asset turnover is 1.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.14.
Conclusion
In summary, Seagate Technology Holdings Plc (STX) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
