Seagate Technology Plc Stock Number Of Shares Shorted
| STX Stock | USD 96.36 1.92 1.95% |
Seagate Technology PLC fundamentals help investors to digest information that contributes to Seagate Technology's financial success or failures. It also enables traders to predict the movement of Seagate Stock. The fundamental analysis module provides a way to measure Seagate Technology's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Seagate Technology stock.
Seagate | Number Of Shares Shorted |
Seagate Technology PLC Company Number Of Shares Shorted Analysis
Seagate Technology's Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
More About Number Of Shares Shorted | All Equity Analysis
Shares Shorted | = | Shorted by Public | + | by Institutions |
Current Seagate Technology Number Of Shares Shorted | 12.1 M |
Most of Seagate Technology's fundamental indicators, such as Number Of Shares Shorted, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Seagate Technology PLC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Seagate Number Of Shares Shorted Driver Correlations
Understanding the fundamental principles of building solid financial models for Seagate Technology is extremely important. It helps to project a fair market value of Seagate Stock properly, considering its historical fundamentals such as Number Of Shares Shorted. Since Seagate Technology's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Seagate Technology's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Seagate Technology's interrelated accounts and indicators.
Click cells to compare fundamentals
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
| Competition |
Based on the recorded statements, Seagate Technology PLC has 12.1 M of outstending shares currently sold short by investors. This is 202.37% higher than that of the Technology Hardware, Storage & Peripherals sector and significantly higher than that of the Information Technology industry. The number of shares shorted for all United States stocks is 157.07% lower than that of the firm.
Seagate Number Of Shares Shorted Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Seagate Technology's direct or indirect competition against its Number Of Shares Shorted to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Seagate Technology could also be used in its relative valuation, which is a method of valuing Seagate Technology by comparing valuation metrics of similar companies.Seagate Technology is currently under evaluation in number of shares shorted category among its peers.
Seagate Technology ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Seagate Technology's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Seagate Technology's managers, analysts, and investors.Environmental | Governance | Social |
Seagate Fundamentals
| Return On Equity | 0.22 | ||||
| Return On Asset | 0.079 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 24.84 B | ||||
| Shares Outstanding | 211.71 M | ||||
| Shares Owned By Insiders | 0.41 % | ||||
| Shares Owned By Institutions | 90.90 % | ||||
| Number Of Shares Shorted | 12.1 M | ||||
| Price To Earning | 10.12 X | ||||
| Price To Book | 101.31 X | ||||
| Price To Sales | 2.81 X | ||||
| Revenue | 6.55 B | ||||
| Gross Profit | 2.1 B | ||||
| EBITDA | 1.03 B | ||||
| Net Income | 335 M | ||||
| Cash And Equivalents | 772 M | ||||
| Cash Per Share | 3.74 X | ||||
| Total Debt | 6.07 B | ||||
| Current Ratio | 1.19 X | ||||
| Book Value Per Share | (7.09) X | ||||
| Cash Flow From Operations | 918 M | ||||
| Short Ratio | 4.35 X | ||||
| Earnings Per Share | 5.50 X | ||||
| Price To Earnings To Growth | 0.31 X | ||||
| Target Price | 119.99 | ||||
| Number Of Employees | 30 K | ||||
| Beta | 1.07 | ||||
| Market Capitalization | 20.4 B | ||||
| Total Asset | 7.74 B | ||||
| Retained Earnings | (8.96 B) | ||||
| Working Capital | 233 M | ||||
| Current Asset | 3.53 B | ||||
| Current Liabilities | 2.25 B | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 4.48 % | ||||
| Net Asset | 7.74 B |
About Seagate Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Seagate Technology PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Seagate Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Seagate Technology PLC based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.