Seagate Technology Holdings Plc [NASDAQ: STX] plunged by -$0.88 during the normal trading session on while it closed the day at $105.30.
Seagate Technology Holdings Plc stock has also loss -3.14% of its value over the past 7 days. However, STX stock has inclined by 23.62% in the 3 months of the year. Over the past six months meanwhile, it has gained 20.90% and gained 23.35% year-on date.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The market cap for STX stock reached $22.11 billion, with 209.99 million shares outstanding and 208.89 million shares in the current float. Compared to the average trading volume of 2.33M shares, STX reached a trading volume of 3736869 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 $104.72 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 2.20. 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 2.57, with the Price to Sales ratio for STX stock in the period of the last 12 months amounting to 3.53. Price to Free Cash Flow for STX in the course of the last twelve months was 48.92 with Quick ratio for the last quarter at 0.47.
STX stock trade performance evaluation
Seagate Technology Holdings Plc [STX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.14. With this latest performance, STX shares gained by 2.15% in over the last four-week period, additionally plugging by 20.90% over the last 6 months – not to mention a rise of 76.65% 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 54.77, with the RSI for the last a single of trading hit 52.64, and the three-weeks RSI is set at 56.16 for Seagate Technology Holdings Plc [STX]. The present Moving Average for the last 50 days of trading for this stock 100.45, while it was recorded at 104.50 for the last single week of trading, and 87.14 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 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in STX stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in STX stock with ownership which is approximately 5.1238%.