Seagate Technology plc’s (STX)

A number of other brokerages have also weighed in on STX.

Shares of Seagate Technology.

Also, Equity Analysts at the Jefferies maintains the rating on Seagate Technology. Zacks Investment Research upgraded Seagate Technology PLC from a “hold” rating to a “strong-buy” rating and set a $39.00 price objective for the company in a research note on Wednesday, August 31st. 20 advised “Hold Rating” regarding the stock.

Zacks uses a rating system, assigning a number in between 1and 5 for each analyst score, where 1 points to a Strong Buy call and 5 a Strong Sell.

Seagate Technology plc (NASDAQ:STX) is over -12% below analysts’ consensus price target of US$32.74.

(NASDAQ: CTSH) opened at $54.03 and traded in a range between, $53.95 and $54.98 yesterday, and last traded at $54.03, which represents a change of $ -0.97 over the previous closing price. The stock traded total quantity of 7.72 million shares as compared to three months average volume of 5.55 million shares. The company has a 50-day moving average of $33.27 and a 200-day moving average of $28.73.

Seagate Technology plc (NASDAQ:STX) exhibits a P/E ratio of 43.86 with a forward P/E of 11.29. Seagate Technology PLC has a one year low of $18.42 and a one year high of $49.52. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of USA and global copyright law.

Seagate Technology PLC (NASDAQ:STX) last issued its earnings results on Tuesday, August 2nd. (NASDAQ:CIDM) is 12.50 while analysts mean recommendation is 2.00.

Earnings growth is an important factor to look at when buying stocks and investors look for companies that have grown their earnings at least 25% or more for the past 3 years. For the next 5 years, Seagate Technology PLC is expecting Growth of -10.2% per annum, whereas in the past 5 years the growth was -9.01% per annum.

Sales Estimates: Wall Street Analysts are estimating average sales of $2,600.66M for current quarter (Quarter Ending Mar-16). Investors of record on Wednesday, September 21st will be given a $0.63 dividend. The ex-dividend date is Monday, September 19th. The company has a market cap of $1.31 billion and the numbers of outstanding shares have been calculated to be 216.43 million shares. (NYSE:LDOS) [Trend Analysis], stock plummeted about -1.43% in early session as its gaining volume of 1.29 Million. The disclosure for this sale can be found here. Stock value has moved between $29.31 – 45.8 in last one year. Vanguard Group Inc. now owns 27,746,230 shares of the data storage provider’s stock valued at $675,899,000 after buying an additional 1,388,053 shares during the period. Pzena Investment Management LLC raised its position in Seagate Technology PLC by 58.1% in the second quarter. BlackRock Fund Advisors raised its position in Seagate Technology PLC by 6.2% in the second quarter.

The stock will start trading ex-dividend from 2016-09-19, until, which the stockholders are obligated to keep the holdings so as to entitle for the dividend. Finally, Prudential Financial Inc. raised its stake in shares of Seagate Technology PLC by 438.4% in the second quarter. 6 presented the recommendations about the stock as a “Buy” signal and “Overweight” signal was reported by 0. They are projecting Next Quarter growth of 3.7%. The difference between the expected and actual EPS was $0.09/share, which represents an Earnings surprise of 15%.

Institutional sponsorship simply refers to ownership of a stock by mutual funds, banks, pension funds and other large institutions.

Seagate Technology public limited company is a provider of electronic data storage technology and solutions. The Companys products are hard disk drives (HDD). In addition to HDDs, it produces a range of electronic data storage products, including solid state hybrid drives, solid state drives, peripheral component interconnect express (PCIe) cards and serial advanced technology architecture (SATA) controllers.

To view Vetr’s full report, visit Vetr’s official website.

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