Seagate Technology Plc Stock Price To Earning
| STX Stock | USD 99.62 0.30 0.30% |
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 | Price To Earning |
Seagate Technology PLC Company Price To Earning Analysis
Seagate Technology's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Seagate Technology Price To Earning | 10.12 X |
Most of Seagate Technology's fundamental indicators, such as Price To Earning, 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 Price To Earning 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 Price To Earning. 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
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Seagate Retained Earnings
Retained Earnings |
|
Based on the latest financial disclosure, Seagate Technology PLC has a Price To Earning of 10.12 times. This is 63.44% lower than that of the Technology Hardware, Storage & Peripherals sector and significantly higher than that of the Information Technology industry. The price to earning for all United States stocks is 64.76% higher than that of the company.
Seagate Price To Earning 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 Price To Earning 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 price to earning 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 | 25.51 B | ||||
| Shares Outstanding | 211.53 M | ||||
| Shares Owned By Insiders | 0.48 % | ||||
| Shares Owned By Institutions | 90.71 % | ||||
| Number Of Shares Shorted | 11.61 M | ||||
| Price To Earning | 10.12 X | ||||
| Price To Book | 101.31 X | ||||
| Price To Sales | 2.90 X | ||||
| Revenue | 6.55 B | ||||
| Gross Profit | 3.47 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 | (6.15) X | ||||
| Cash Flow From Operations | 918 M | ||||
| Short Ratio | 4.98 X | ||||
| Earnings Per Share | 3.87 X | ||||
| Price To Earnings To Growth | 0.32 X | ||||
| Target Price | 117.84 | ||||
| Number Of Employees | 30 K | ||||
| Beta | 1.07 | ||||
| Market Capitalization | 21.07 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 | ||||
| Last Dividend Paid | 2.8 |
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.