For its fourth fiscal quarter (ending June 30), Seagate Technology Holdings plc (NASDAQ: STX) has reported E.P.S. of $2.44 compared to $-0.44 a year ago. This result exceeded the consensus estimate of $0.72 by $1.72. For the latest four quarters through June 30, E.P.S. were $1.60 versus $-2.56 for the same period a year ago.
Recent Price Action
On 7/23/24, Seagate Technology Holdings plc (NASDAQ: STX) stock declined slightly by -0.8%, closing at $105.30. Moreover, unusually high trading volume at 168% of normal accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -3.3% during the last week.
Current PriceTarget Research Rating
STX is expected to be an important Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.
Seagate Technology Holdings plc is currently unrated.
Rating Review
The stock is currently unrated.
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