Price Target Analysis of Seagate Technology plc (NASDAQ:STX)


Seagate Technology plc (NASDAQ:STX) currently has a “Sell” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Buy” signal. 10 – 8 Day Moving Average Hilo Channel shows “Buy” signal. While 20-Day Moving Average VS Current Price shows “Sell” Signal.

Seagate Technology plc (NASDAQ:STX) gained 3.51 Percent and closed its previous trading session at $51.37. The stock traded with the average Volume of 4.87 Million at the end of last session.

Seagate Technology plc (NASDAQ:STX) has the Market Capitalization of 14.79 Billion. The Stock has its 52-week High of $56.45 and 52-Week Low of $30.60 and it touched its 52-week high on 01/31/18 and 52-Week Low on 08/23/17.

The company reported its last earnings Actual EPS of $1.48/share. While, the analyst predicted that the company could provide an EPS of $1.35/share. Hence the difference between Predicted EPS and Actual EPS reported is $0.13/share which shows an Earnings Surprise of 9.6 Percent.

Several analysts are forecasting growth estimate of Seagate Technology plc for the current quarter to be 18.2%. Their projections for the Next Quarter growth is 76.9 percent. While for the Next 5 years, the company could expect a growth of 8.41% per annum, whereas in the past Five years Seagate Technology plc (NASDAQ:STX) showed a growth of -8.92 Percent per annum.

Sell side analysts plays vital role in buying and selling a stock where 0 analysts rated Seagate Technology plc (NASDAQ:STX) as Buy, 0 analysts given Outperform signal, 7 reported Hold, and 1 analysts rated the stock as Sell.

The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -1.07% where SMA50 and SMA200 are 10.46% and 29.96% respectively.

The company shows its Return on Assets (ROA) value of 7.1%. The Return on Equity (ROE) value stands at 49.1%. While it’s Return on Investment (ROI) value is 15.8%.

Seagate Technology plc (NASDAQ:STX) currently has a Weekly Volatility of 4.08% percent while its Monthly Volatility is at 3.45% percent. While talking about Performance of the Stock, Seagate Technology plc currently has a Weekly performance of 3.67%, monthly performance percentage is -0.27 percent, Quarterly performance is 36.4 percent, 6 months performance shows a percent value of 59.14% and Yearly Performance is 7.36 percent.

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.