Seagate Technology (STX)
(Delayed Data from NSDQ)
$104.74 USD
+0.62 (0.60%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $104.76 +0.02 (0.02%) 6:56 PM ET
1-Strong Buy of 5 1
C Value B Growth D Momentum B VGM
Company Summary
Headquartered at Dublin, Ireland, Seagate is leading provider of data storage technology and infrastructure solutions. The company’s primary product offering is hard disk drives which is commonly referred to as disk drives, hard drives or HDDs. HDDs are used as the primary medium for storing digitally encoded data on rapidly rotating disks with magnetic surfaces.
Seagate also develops other electronic data storage products such as SSD (solid state drive) and storage subsystems. Also, the company offers storage solutions like a scalable edge-to-cloud mass data platform that includes data transfer shuttles and a ...
Company Summary
Headquartered at Dublin, Ireland, Seagate is leading provider of data storage technology and infrastructure solutions. The company’s primary product offering is hard disk drives which is commonly referred to as disk drives, hard drives or HDDs. HDDs are used as the primary medium for storing digitally encoded data on rapidly rotating disks with magnetic surfaces.
Seagate also develops other electronic data storage products such as SSD (solid state drive) and storage subsystems. Also, the company offers storage solutions like a scalable edge-to-cloud mass data platform that includes data transfer shuttles and a storage-as-a-service cloud.
The HDD and SSD product portfolio includes Serial Attached SCSI (SAS), Serial Advanced Technology Attachment (SATA), and NonVolatile Memory Express (NVMe) based designs to support a various mass capacity and legacy applications. The systems portfolio includes storage subsystems for scale-out storage servers, enterprises, cloud service providers (CSPs) and original equipment manufacturers (OEMs).
Seagate reported revenues of $6.6 billion in fiscal 2024. The company offers its products under two heads — Mass Capacity Storage and Legacy.
The Mass Capacity Storage product line includes high-capacity enterprise HDDs ship in capacities of up to 30TB. The company plans to ramp up volume for HAMR (heat-assisted magnetic recording) 30+TB qualification units in early calendar-year 2024. The portfolio also includes enterprise nearline SSDs, video and image HDDs (VIA) and NAS HDDs and SSDs. In fiscal 2023, the company shipped 441 exabytes of HDD storage capacity.
The legacy product line includes desktop drives, mission critical HDDs and SSDs and external storage solutions with capacities up to 20TB shipped, under the Seagate Ultra Touch, One Touch, Expansion and Basics product lines and the LaCie brand.
Seagate primarily sells to OEMs, distributors and retailers. While revenues from OEMs contributed 79% to the top line of the fourth-quarter fiscal 2024, distributors contributed 12%. The remaining 9% of revenues came from retailers.
General Information
Seagate Technology Holdings PLC
121 Woodlands Avenue 5
Singapore, U0 739009
Phone: 65-6018-2562
Fax: 353-1661-2040
Email: stx@seagate.com
| Industry | Technology Services |
| Sector | Business Services |
| Fiscal Year End | June |
| Last Reported Quarter | 6/30/2024 |
| Exp Earnings Date | 10/24/2024 |
EPS Information
| Current Quarter EPS Consensus Estimate | 1.43 |
| Current Year EPS Consensus Estimate | 7.41 |
| Estimated Long-Term EPS Growth Rate | NA |
| Exp Earnings Date | 10/24/2024 |
Price and Volume Information
| Zacks Rank |  |
| Yesterday's Close | 104.12 |
| 52 Week High | 113.57 |
| 52 Week Low | 63.32 |
| Beta | 1.03 |
| 20 Day Moving Average | 1,879,647.00 |
| Target Price Consensus | 118.44 |
| 4 Week | 0.86 |
| 12 Week | 0.02 |
| YTD | 21.96 |
| 4 Week | -1.66 |
| 12 Week | -4.02 |
| YTD | 1.82 |
| Shares Outstanding (millions) | 210.49 |
| Market Capitalization (millions) | 21,916.18 |
| Short Ratio | NA |
| Last Split Date | NA |
| Dividend Yield | 2.69% |
| Annual Dividend | $2.80 |
| Payout Ratio | 4.12 |
| Change in Payout Ratio | 3.26 |
| Last Dividend Payout / Amount | 6/20/2024 / $0.70 |
Fundamental Ratios
| P/E (F1) | 14.05 |
| Trailing 12 Months | 81.34 |
| PEG Ratio | NA |
| vs. Previous Year | 400.00% |
| vs. Previous Quarter | 411.76% |
| vs. Previous Year | 17.79% |
| vs. Previous Quarter | 14.02% |
| Price/Book | NA |
| Price/Cash Flow | 53.51 |
| Price / Sales | 3.35 |
| 6/30/24 | -8.41 |
| 3/31/24 | NA |
| 12/31/23 | NA |
| 6/30/24 | 1.99 |
| 3/31/24 | -1.35 |
| 12/31/23 | -3.00 |
| 6/30/24 | 1.08 |
| 3/31/24 | 0.85 |
| 12/31/23 | 1.04 |
| 6/30/24 | 0.68 |
| 3/31/24 | 0.47 |
| 12/31/23 | 0.62 |
| 6/30/24 | 2.21 |
| 3/31/24 | -1.56 |
| 12/31/23 | -3.46 |
| 6/30/24 | 5.11 |
| 3/31/24 | -4.31 |
| 12/31/23 | -11.25 |
| 6/30/24 | 6.79 |
| 3/31/24 | -2.84 |
| 12/31/23 | -9.83 |
| 6/30/24 | -7.09 |
| 3/31/24 | -9.00 |
| 12/31/23 | -8.66 |
| 6/30/24 | 4.42 |
| 3/31/24 | 4.53 |
| 12/31/23 | 4.80 |
| 6/30/24 | NA |
| 3/31/24 | NA |
| 12/31/23 | NA |
| 6/30/24 | NA |
| 3/31/24 | NA |
| 12/31/23 | NA |