Seagate Technology Plc Stock Buy Hold or Sell Recommendation
| STX Stock | USD 99.92 1.90 1.94% |
Considering the 90-day investment horizon and your conservative risk appetite, our recommendation regarding Seagate Technology PLC is 'Cautious Hold'. 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 closely tied with the direction of predictive economic indicators such as signals in estimate.
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
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Seagate Technology Trading Alerts and Improvement Suggestions
| Seagate Technology generated a negative expected return over the last 90 days | |
| Over 91.0% of the company shares are owned by institutional investors | |
| On 7th of October 2024 Seagate Technology paid $ 0.7 per share dividend to its current shareholders | |
| Latest headline from engadget.com: The best Black Friday gaming deals on video games, consoles, accessories and more |
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 | -0.06 | Value At Risk | -2.81 | Potential Upside | 2.78 | Standard Deviation | 1.86 |
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, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading Seagate Technology PLC back and forth among themselves.
| Shares | Arrowstreet Capital Limited Partnership | 2024-06-30 | 3.5 M | Slate Path Capital Lp | 2024-09-30 | 3.1 M | Clearbridge Advisors, Llc | 2024-06-30 | 2.5 M | Amvescap Plc. | 2024-06-30 | 2.1 M | Legal & General Group Plc | 2024-06-30 | 1.8 M | Duquesne Family Office Llc | 2024-06-30 | 1.8 M | Northern Trust Corp | 2024-09-30 | 1.5 M | Royal Bank Of Canada | 2024-06-30 | 1.4 M | Franklin Resources Inc | 2024-06-30 | 1.4 M | Vanguard Group Inc | 2024-09-30 | 26.2 M | Jpmorgan Chase & Co | 2024-06-30 | 23 M |
Seagate Technology Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (166M) | (64M) | (361M) | 425M | (99M) | 358M | |
| Change In Cash | (527M) | (513M) | (594M) | 171M | 572M | 437M | |
| Free Cash Flow | 1.1B | 1.1B | 1.3B | 626M | 664M | 190M | |
| Depreciation | 379M | 397M | 451M | 513M | 264M | 931M | |
| Other Non Cash Items | 110M | (49M) | 64M | (329M) | (45M) | 2.3B | |
| Capital Expenditures | 585M | 498M | 381M | 316M | 254M | 633M | |
| Net Income | 1.0B | 1.3B | 1.6B | (529M) | 335M | (3.1B) | |
| End Period Cash Flow | 1.7B | 1.2B | 617M | 788M | 1.4B | 1.4B | |
| Dividends Paid | 673M | 649M | 610M | 582M | 585M | 132M | |
| Change To Netincome | 155M | 59M | 200M | (204M) | (183.6M) | (174.4M) | |
| Investments | (635M) | 28M | 29M | 217M | 126M | 132.3M | |
| 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 Dow Jones | -0.15 | |
β | Beta against Dow Jones | 0.94 | |
σ | Overall volatility | 1.90 | |
Ir | Information ratio | -0.08 |
Seagate Technology Volatility Alert
Seagate Technology PLC exhibits very low volatility with skewness of -1.12 and kurtosis of 4.47. 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 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 | 0.079 | -0.14 |
| Profit Margin | 0.11 % | (1.27) % |
| Operating Margin | 0.19 % | (5.51) % |
| Current Valuation | 25.17 B | 16.62 B |
| Shares Outstanding | 211.53 M | 571.82 M |
| Shares Owned By Insiders | 0.48 % | 10.09 % |
| Shares Owned By Institutions | 90.68 % | 39.21 % |
| Number Of Shares Shorted | 11.61 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 | 2.85 X | 11.42 X |
| Revenue | 6.55 B | 9.43 B |
| Gross Profit | 3.47 B | 27.38 B |
| EBITDA | 1.03 B | 3.9 B |
| Net Income | 335 M | 570.98 M |
| Cash And Equivalents | 772 M | 2.7 B |
| Cash Per Share | 3.74 X | 5.01 X |
| Total Debt | 6.07 B | 5.32 B |
| Current Ratio | 1.19 X | 2.16 X |
| Book Value Per Share | (6.15) X | 1.93 K |
| Cash Flow From Operations | 918 M | 971.22 M |
| Short Ratio | 4.98 X | 4.00 X |
| Earnings Per Share | 3.87 X | 3.12 X |
| Price To Earnings To Growth | 0.31 X | 4.89 X |
| Target Price | 117.84 | |
| Number Of Employees | 30 K | 18.84 K |
| Beta | 1.07 | -0.15 |
| Market Capitalization | 20.73 B | 19.03 B |
| Total Asset | 7.74 B | 29.47 B |
| Retained Earnings | (8.96 B) | 9.33 B |
| Working Capital | 233 M | 1.48 B |
| Current Asset | 3.53 B | 9.34 B |
Note: Disposition of 565 shares by John Morris of Seagate Technology at 101.96 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.
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 Long Short Funds Thematic Idea Now
Long Short Funds
Funds or Etfs that are designed to hedge away market risk by investing in combination of bonds, stocks, derivative instruments as well as short positions to maximize returns irrespective of market conditions. The Long Short Funds theme has 39 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 Long Short Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Additional 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.