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A look at a High Market Cap Stock: Seagate Technology plc, STX

Seagate Technology plc, STX is in the exchange NASDAQ and its industry is Data Storage Devices in the sector of Technology. Based in Ireland, Seagate Technology plc, STX  has a market cap of 11524.46. Since its IPO date on the 12/11/2002, Seagate Technology plc, STX performance year to date is 12.31%. Today Seagate Technology plc, STX has gained 3.28%, with a current price of 38.42.

Ownership of the company is 0.10% for insider ownership while institutional ownership is 89.10%. The management of the company have seen the company have a payout ratio of 292.60%. Return of assets are at 2.90%, with return on investment at 7.30%.

In terms of debt levels and profit levels, Seagate Technology plc, STX is seeing a long-term debt/equity of 2.59. While Total debt/equity is 0. With a profit margin of 2.20%, this is combined with a gross margin of 23.40%, and operating margin of 4.00%. Seagate Technology plc ability to meet debt levels, with a current ratio of 1.6, while the quick ratio is 1.2.

For the last year Seagate Technology plc, STX has seen a EPS growth of -84.40%. A performance for the year of -0.58%. The 52-week high is -15.50%, and the 52-week low is 112.25%. The average volume for Seagate Technology plc, STX is 6839400.

With a target price of 33.38, can Seagate Technology plc, STX reach this target? Looking at the value indicators of Seagate Technology plc, STX. Seagate Technology plc has a P/E of 46.63 and a forward P/E of 11.83. Perhaps the more useful indicator than P/E, is PEG which has a value of 23.31. Seagate Technology plc also has a P/S and a P/B of 1.03 and 7.14 respectively. For P/cash, Seagate Technology plc has a value of 10.19, while it is 31.49 for P/free cash flow.

At the current price of 38.42, Seagate Technology plc has a dividend yield of 6.56%. We see a return on equity of 14.10%.

Looking more long-term Seagate Technology plc, is projected to get an EPS growth for the next five years of 2.00%. In the short-term an EPS growth of 7.66% in the next year is forecasted. This is after a EPS growth of -84.40% for this year and for the last five years a -5.60% growth has been seen.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Tony Dabbs

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