Seagate Technology Holdings Plc [NASDAQ: STX] closed the trading session at $102.85.
The stocks have a year to date performance of 20.48 percent and weekly performance of 6.47 percent. The stock has been moved at 25.44 percent over the last six months. The stock has performed 10.41 percent around the most recent 30 days and changed 15.99 percent over the most recent 3-months.
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If compared to the average trading volume of 2.77M shares, STX reached to a volume of 3285975 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Seagate Technology Holdings Plc [STX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for STX shares is $99.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on STX stock is a recommendation set at 2.24. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BofA Securities have made an estimate for Seagate Technology Holdings Plc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 05, 2024. While these analysts kept the previous recommendation, Citigroup raised their target price to Buy. The new note on the price target was released on May 14, 2024, representing the official price target for Seagate Technology Holdings Plc stock. Previously, the target price had yet another raise to $100, while Wedbush analysts kept a Outperform rating on STX stock. On March 26, 2024, analysts increased their price target for STX shares from 73 to 115.
The Average True Range (ATR) for Seagate Technology Holdings Plc is set at 3.06, with the Price to Sales ratio for STX stock in the period of the last 12 months amounting to 3.45. Price to Free Cash Flow for STX in the course of the last twelve months was 47.78 with Quick ratio for the last quarter at 0.47.
STX stock trade performance evaluation
Seagate Technology Holdings Plc [STX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.47. With this latest performance, STX shares gained by 10.41% in over the last four-week period, additionally plugging by 25.44% over the last 6 months – not to mention a rise of 62.20% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for STX stock in for the last two-week period is set at 69.15, with the RSI for the last a single of trading hit 74.41, and the three-weeks RSI is set at 65.74 for Seagate Technology Holdings Plc [STX]. The present Moving Average for the last 50 days of trading for this stock 91.16, while it was recorded at 99.22 for the last single week of trading, and 81.95 for the last 200 days.
Seagate Technology Holdings Plc [STX]: An insightful look at the core fundamentals
Seagate Technology Holdings Plc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.47 and a Current Ratio set at 0.85.
Seagate Technology Holdings Plc [STX]: Institutional Ownership
The top three institutional holders of STX stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in STX stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in STX stock with ownership which is approximately 5.8386%.