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.
  
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.
In addition, we conduct extensive research on individual companies such as Seagate and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Seagate Technology PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

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

Execute Advice
Sell Seagate TechnologyBuy Seagate Technology
Strong Hold

Market Performance

OKDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Almost mirrors the marketDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

StrongDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Seagate Technology PLC has a Risk Adjusted Performance of 0.0605, Jensen Alpha of 0.0364, Total Risk Alpha of (0.26), Sortino Ratio of 0.0304 and Treynor Ratio of 0.1563
Macroaxis provides recommendation on Seagate Technology PLC to complement and cross-verify current analyst consensus on Seagate Technology PLC. Our trade recommendation engine determines the firm's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Seagate Technology PLC is not overpriced, please validate all Seagate Technology fundamentals, including its price to sales, cash per share, and the relationship between the number of shares shorted and ebitda . Given that Seagate Technology PLC has a price to earning of 10.12 X, we advise you to double-check Seagate Technology PLC market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your current risk tolerance and investing horizon.

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 Lp2023-12-31
3.4 M
Amvescap Plc.2023-12-31
2.4 M
Clearbridge Advisors, Llc2023-12-31
2.3 M
Norges Bank2023-12-31
2.2 M
Citadel Advisors Llc2023-09-30
2.2 M
Duquesne Family Office Llc2023-12-31
2.1 M
Massachusetts Financial Services Company2023-12-31
M
Legal & General Group Plc2023-12-31
1.8 M
Holocene Advisors, Lp2023-09-30
1.6 M
Vanguard Group Inc2023-12-31
24 M
Jpmorgan Chase & Co2023-12-31
17.9 M
Note, although Seagate Technology's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Seagate Technology Cash Flow Accounts

201920202021202220232024 (projected)
Change To Inventory(166M)(64M)(361M)425M358M375.9M
Change In Cash(527M)(513M)(594M)171M437M458.9M
Free Cash Flow1.1B1.1B1.3B626M190M180.5M
Depreciation379M397M451M513M931M703.2M
Other Non Cash Items110M(49M)64M(329M)2.3B2.4B
Capital Expenditures585M498M381M316M633M499.7M
Net Income1.0B1.3B1.6B(529M)(3.1B)(2.9B)
End Period Cash Flow1.7B1.2B617M788M1.4B1.5B
Dividends Paid673M649M610M582M132M125.4M
Change To Netincome155M59M200M(204M)(183.6M)(174.4M)
Investments(635M)28M29M217M249.6M262.0M
Change Receivables87M204M(127M)911M1.0B1.1B
Net Borrowings(143M)967M499M22M19.8M18.8M

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 Composite1.14
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
FundamentalsSeagate TechnologyPeer Average
Return On Equity0.22-0.31
Return On Asset0.0025-0.14
Profit Margin(0.11) %(1.27) %
Operating Margin0.06 %(5.51) %
Current Valuation24.72 B16.62 B
Shares Outstanding209.51 M571.82 M
Shares Owned By Insiders0.53 %10.09 %
Shares Owned By Institutions93.50 %39.21 %
Number Of Shares Shorted9.41 M4.71 M
Price To Earning10.12 X28.72 X
Price To Book101.31 X9.51 X
Price To Sales3.04 X11.42 X
Revenue7.38 B9.43 B
Gross Profit3.47 B27.38 B
EBITDA542 M3.9 B
Net Income(529 M)570.98 M
Cash And Equivalents772 M2.7 B
Cash Per Share3.74 X5.01 X
Total Debt5.45 B5.32 B
Current Ratio1.19 X2.16 X
Book Value Per Share(8.66) X1.93 K
Cash Flow From Operations942 M971.22 M
Short Ratio4.60 X4.00 X
Earnings Per Share(3.51) X3.12 X
Price To Earnings To Growth0.18 X4.89 X
Target Price94.9
Number Of Employees33.4 K18.84 K
Beta1.06-0.15
Market Capitalization19.68 B19.03 B
Total Asset7.56 B29.47 B
Retained Earnings(8.67 B)9.33 B
Working Capital313 M1.48 B
Current Asset3.53 B9.34 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.

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 Liabilities218M250.7M296.3M
Total Current Liabilities3.6B3.2B2.8B

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?

Run Beers Thematic Idea Now

Beers
Beers Theme
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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When determining whether Seagate Technology PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Seagate Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Seagate Technology Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Seagate Technology Plc Stock:
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.

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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.