Seagate Technology Plc Stock Buy Hold or Sell Recommendation
STX Stock | USD 93.05 1.53 1.62% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Seagate Technology PLC is 'Strong Hold'. Macroaxis provides Seagate Technology buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding STX positions. The advice algorithm takes into account all of Seagate Technology's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Seagate Technology's buy or sell advice are summarized below:
Real Value 77.82 | Target Price 64 | Hype Value 94.66 | Market Value 93.05 | Naive Value 94.45 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Seagate Technology PLC given historical horizon and risk tolerance towards Seagate Technology. When Macroaxis issues a 'buy' or 'sell' recommendation for Seagate Technology PLC, the advice is generated through an automated system that utilizes algorithms and statistical models.
Seagate |
Execute Seagate Technology Buy or Sell Advice
The Seagate recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Seagate Technology PLC. Macroaxis does not own or have any residual interests in Seagate Technology PLC or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Seagate Technology's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Strong Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Seagate Technology Trading Alerts and Improvement Suggestions
The company reported the last year's revenue of 7.38 B. Reported Net Loss for the year was (529 M) with profit before taxes, overhead, and interest of 3.47 B. | |
Seagate Technology has a strong financial position based on the latest SEC filings | |
Over 94.0% of the company shares are owned by institutional investors | |
Latest headline from fool.com: Seagate Technology Stock Is Heading 21 percent Higher, According to 1 Wall Street Analyst Firm |
Seagate Technology Returns Distribution Density
The distribution of Seagate Technology's historical returns is an attempt to chart the uncertainty of Seagate Technology's future price movements. The chart of the probability distribution of Seagate Technology daily returns describes the distribution of returns around its average expected value. We use Seagate Technology PLC price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Seagate Technology returns is essential to provide solid investment advice for Seagate Technology.
Mean Return | 0.19 | Value At Risk | -2.73 | Potential Upside | 3.18 | Standard Deviation | 1.95 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Seagate Technology historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Seagate Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Seagate Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Seagate Technology PLC backward and forwards among themselves. Seagate Technology's institutional investor refers to the entity that pools money to purchase Seagate Technology's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Slate Path Capital Lp | 2023-12-31 | 3.4 M | Amvescap Plc. | 2023-12-31 | 2.4 M | Clearbridge Advisors, Llc | 2023-12-31 | 2.3 M | Norges Bank | 2023-12-31 | 2.2 M | Citadel Advisors Llc | 2023-09-30 | 2.2 M | Duquesne Family Office Llc | 2023-12-31 | 2.1 M | Massachusetts Financial Services Company | 2023-12-31 | 2 M | Legal & General Group Plc | 2023-12-31 | 1.8 M | Holocene Advisors, Lp | 2023-09-30 | 1.6 M | Vanguard Group Inc | 2023-12-31 | 24 M | Jpmorgan Chase & Co | 2023-12-31 | 17.9 M |
Seagate Technology Cash Flow Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change To Inventory | (166M) | (64M) | (361M) | 425M | 358M | 375.9M | |
Change In Cash | (527M) | (513M) | (594M) | 171M | 437M | 458.9M | |
Free Cash Flow | 1.1B | 1.1B | 1.3B | 626M | 190M | 180.5M | |
Depreciation | 379M | 397M | 451M | 513M | 931M | 703.2M | |
Other Non Cash Items | 110M | (49M) | 64M | (329M) | 2.3B | 2.4B | |
Capital Expenditures | 585M | 498M | 381M | 316M | 633M | 499.7M | |
Net Income | 1.0B | 1.3B | 1.6B | (529M) | (3.1B) | (2.9B) | |
End Period Cash Flow | 1.7B | 1.2B | 617M | 788M | 1.4B | 1.5B | |
Dividends Paid | 673M | 649M | 610M | 582M | 132M | 125.4M | |
Change To Netincome | 155M | 59M | 200M | (204M) | (183.6M) | (174.4M) | |
Investments | (635M) | 28M | 29M | 217M | 249.6M | 262.0M | |
Change Receivables | 87M | 204M | (127M) | 911M | 1.0B | 1.1B | |
Net Borrowings | (143M) | 967M | 499M | 22M | 19.8M | 18.8M |
Seagate Technology Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Seagate Technology or Technology Hardware, Storage & Peripherals sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Seagate Technology's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Seagate stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.04 | |
β | Beta against NYSE Composite | 1.14 | |
σ | Overall volatility | 2.01 | |
Ir | Information ratio | 0.03 |
Seagate Technology Volatility Alert
Seagate Technology PLC has relatively low volatility with skewness of 0.56 and kurtosis of 2.02. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Seagate Technology's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Seagate Technology's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Seagate Technology Implied Volatility
Seagate Technology's implied volatility exposes the market's sentiment of Seagate Technology PLC stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Seagate Technology's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Seagate Technology stock will not fluctuate a lot when Seagate Technology's options are near their expiration.
Seagate Technology Fundamentals Vs Peers
Comparing Seagate Technology's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Seagate Technology's direct or indirect competition across all of the common fundamentals between Seagate Technology and the related equities. This way, we can detect undervalued stocks with similar characteristics as Seagate Technology or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Seagate Technology's fundamental indicators could also be used in its relative valuation, which is a method of valuing Seagate Technology by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare Seagate Technology to competition |
Fundamentals | Seagate Technology | Peer Average |
Return On Equity | 0.22 | -0.31 |
Return On Asset | 0.0025 | -0.14 |
Profit Margin | (0.11) % | (1.27) % |
Operating Margin | 0.06 % | (5.51) % |
Current Valuation | 24.72 B | 16.62 B |
Shares Outstanding | 209.51 M | 571.82 M |
Shares Owned By Insiders | 0.53 % | 10.09 % |
Shares Owned By Institutions | 93.50 % | 39.21 % |
Number Of Shares Shorted | 9.41 M | 4.71 M |
Price To Earning | 10.12 X | 28.72 X |
Price To Book | 101.31 X | 9.51 X |
Price To Sales | 3.04 X | 11.42 X |
Revenue | 7.38 B | 9.43 B |
Gross Profit | 3.47 B | 27.38 B |
EBITDA | 542 M | 3.9 B |
Net Income | (529 M) | 570.98 M |
Cash And Equivalents | 772 M | 2.7 B |
Cash Per Share | 3.74 X | 5.01 X |
Total Debt | 5.45 B | 5.32 B |
Current Ratio | 1.19 X | 2.16 X |
Book Value Per Share | (8.66) X | 1.93 K |
Cash Flow From Operations | 942 M | 971.22 M |
Short Ratio | 4.60 X | 4.00 X |
Earnings Per Share | (3.51) X | 3.12 X |
Price To Earnings To Growth | 0.18 X | 4.89 X |
Target Price | 94.9 | |
Number Of Employees | 33.4 K | 18.84 K |
Beta | 1.06 | -0.15 |
Market Capitalization | 19.68 B | 19.03 B |
Total Asset | 7.56 B | 29.47 B |
Retained Earnings | (8.67 B) | 9.33 B |
Working Capital | 313 M | 1.48 B |
Current Asset | 3.53 B | 9.34 B |
Note: Disposition of 599 shares by Ban Teh of Seagate Technology subject to Rule 16b-3 [view details]
Seagate Technology Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Seagate . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 101355.0 | |||
Daily Balance Of Power | (0.53) | |||
Rate Of Daily Change | 0.98 | |||
Day Median Price | 93.19 | |||
Day Typical Price | 93.14 | |||
Price Action Indicator | (0.90) | |||
Period Momentum Indicator | (1.53) |
About Seagate Technology Buy or Sell Advice
When is the right time to buy or sell Seagate Technology PLC? Buying financial instruments such as Seagate Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.2021 | 2023 | 2024 (projected) | Other Liabilities | 218M | 250.7M | 296.3M | Total Current Liabilities | 3.6B | 3.2B | 2.8B |
Use Investing Ideas to Build Portfolios
In addition to having Seagate Technology in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Beers
Companies involved in production and distribution of domestic and international beer. The Beers theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Beers Theme or any other thematic opportunities.
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Check out Seagate Technology Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Seagate Stock analysis
When running Seagate Technology's price analysis, check to measure Seagate Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Seagate Technology is operating at the current time. Most of Seagate Technology's value examination focuses on studying past and present price action to predict the probability of Seagate Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Seagate Technology's price. Additionally, you may evaluate how the addition of Seagate Technology to your portfolios can decrease your overall portfolio volatility.
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Is Seagate Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Seagate Technology. If investors know Seagate will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Seagate Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.94) | Dividend Share 2.8 | Earnings Share (3.51) | Revenue Per Share 31.111 | Quarterly Revenue Growth (0.18) |
The market value of Seagate Technology PLC is measured differently than its book value, which is the value of Seagate that is recorded on the company's balance sheet. Investors also form their own opinion of Seagate Technology's value that differs from its market value or its book value, called intrinsic value, which is Seagate Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Seagate Technology's market value can be influenced by many factors that don't directly affect Seagate Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Seagate Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Seagate Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seagate Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.