Seagate Technology PLC

Company Profile

Seagate Technology PLC had its IPO on 2002-12-11 under the ticker symbol STX.

The company operates in the Technology sector and Computer Hardware industry. Seagate Technology PLC has a staff strength of 33,400 employees.

Stock update

Shares of Seagate Technology PLC opened at $64.08 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $62.63 - $64.43, and closed at $62.72.

This is a -2.47% slip from the previous day's closing price.

A total volume of 2,841,048 shares were traded at the close of the day’s session.

In the last one week, shares of Seagate Technology PLC have slipped by -14.9%.

Seagate Technology PLC's Key Ratios

Seagate Technology PLC has a market cap of $13.37 billion, indicating a price to book ratio of 101.3063 and a price to sales ratio of 1.0218.

In the last 12-months Seagate Technology PLC’s revenue was $7.38 billion with a gross profit of $3.47 billion and an EBITDA of $548 million. The EBITDA ratio measures Seagate Technology PLC's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Seagate Technology PLC’s operating margin was 1.63% while its return on assets stood at 0.91% with a return of equity of 22.07%.

In Q2, Seagate Technology PLC’s quarterly earnings growth was a negative -93.9% while revenue growth was a negative 39%.

Seagate Technology PLC’s PE and PEG Ratio

Forward PE

21.1864

Trailing PE

0

PEG

32.5374

Its diluted EPS in the last 12-months stands at $-2.56 per share while it has a forward price to earnings multiple of 21.1864 and a PEG multiple of 32.5374. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Seagate Technology PLC’s profitability.

Seagate Technology PLC stock is trading at a EV to sales ratio of 1.5869 and a EV to EBITDA ratio of 8.7638. Its price to sales ratio in the trailing 12-months stood at 1.0218.

Seagate Technology PLC stock pays annual dividends of $2.8 per share, indicating a yield of 4.41% and a payout ratio of 15.56%.

Balance sheet and cash flow metrics

Total Assets

$7.56 billion

Total Liabilities

$2.59 billion

Operating Cash Flow

$0

Capital Expenditure

$50 million

Dividend Payout Ratio

15.56%

Seagate Technology PLC ended 2024 with $7.56 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $7.56 billion while shareholder equity stood at $-1199000000.00.

Seagate Technology PLC ended 2024 with $0 in deferred long-term liabilities, $2.59 billion in other current liabilities, in common stock, $-8670000000.00 in retained earnings and $1.24 billion in goodwill. Its cash balance stood at $786.00 million and cash and short-term investments were $786.00 million. The company’s total short-term debt was $63,000,000 while long-term debt stood at $5.39 billion.

Seagate Technology PLC’s total current assets stands at $2.91 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $621.00 million compared to accounts payable of $1.60 billion and inventory worth $1.14 billion.

In 2024, Seagate Technology PLC's operating cash flow was $0 while its capital expenditure stood at $50 million.

Comparatively, Seagate Technology PLC paid $0.16 in dividends in 2024.

Other key metrics

Current Trading Price

$62.72

52-Week High

$74.51

52-Week Low

$45.7725

Analyst Target Price

$63.47

Seagate Technology PLC stock is currently trading at $62.72 per share. It touched a 52-week high of $74.51 and a 52-week low of $74.51. Analysts tracking the stock have a 12-month average target price of $63.47.

Its 50-day moving average was $64.3 and 200-day moving average was $60.78 The short ratio stood at 5.4 indicating a short percent outstanding of 0%.

Around 55.2% of the company’s stock are held by insiders while 9003.2% are held by institutions.