Seagate Technology plc (NASDAQ:STX) added 0.33% and closed its last session at $39.5. The stock has the market capitalization of $11.63 Billion with the total outstanding shares of 294.52 Million. Seagate Technology plc. has Analysts’ Mean Recommendation of 2.57 between the scale of 1 to 5 (1 represents Strong Buy and 5 means Sell). The stock currently has P/E of 31.15 for trailing twelve months while its Forward P/E is 10.53.

Seagate Technology plc (NASDAQ:STX) touched its 52-Week High of $40.27 on Nov 29, 2016 while it’s 52-Week Low of $18.42 on May 12, 2016. The company currently has Return on Assets of 4.5 percent, Return on Equity of 23% and Return on Investment of 7.3 percent. The stock currently showing Weekly Volatility of 2.38%% and Monthly Volatility of 3.14% Percent with Average True Range of 1.05 and Beta of 2.03.

The 27 analysts offering 12-month price forecasts for Seagate Technology PLC have a median target of 38.00, with a high estimate of 50.00 and a low estimate of 25.50. The median estimate represents a -3.80% decrease from the last price of 39.50.

Press Release:

The Company on 15 November unveiled the Seagate IronWolf™ Pro for NAS applications. Built to help small-to-midsize enterprises better manage the massive amounts of data they create and consume, IronWolf Pro empowers SMEs to keep the right data ready for use with extreme workload rates of up to 300TB, and blistering fast access, so they can quickly discover and capitalize on new business opportunities. IronWolf Pro now comes standard with a two-year Seagate Rescue Data Recovery Service Plan, meaning IronWolf Pro drives are covered when disaster strikes – such as a flood, fire or accidental damage. In addition to IronWolf Pro, Seagate’s BarraCuda® Pro drives also come standard with recovery services for complete peace of mind across the entire Pro series.

IronWolf is designed for everything business NAS. For example, the IronWolf Pro is optimized for NAS with AgileArray™ to help businesses enhance performance for file-sharing, backup and private cloud environments. AgileArray delivers drive balancing by using dual-plane balance and rotational vibration sensors, RAID optimization for increased performance and advanced power management.

Company Profile:

Seagate Technology PLC offers a portfolio of hard disc drives, solid state drives and solid state hybrid drives. It offers a range of disk drive products for the enterprise, client compute and client non-compute market applications. The Company also provides data storage services for businesses, including online backup, data protection and recovery solutions. Seagate Technology PLC is headquartered in Dublin, Ireland.