Friday February 24th 2017: 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 11.69 B. Since its IPO date on the 12/11/2002, Seagate Technology plc, STX performance year to date is 3.48%. Today Seagate Technology plc, STX has gained 3.08%, with a current price of 39.5.
Ownership of the company is 0.10% for insider ownership while institutional ownership is 91.60%. The management of the company have seen the company have a payout ratio of 102.70%. Return of assets are at 8.30%, with return on investment at 7.40%.
In terms of debt levels and profit levels, Seagate Technology plc, STX is seeing a long-term debt/equity of 3.15. While Total debt/equity is 3.25. With a profit margin of 6.60%, this is combined with a gross margin of 28.80%, and operating margin of 8.70%. Seagate Technology plc ability to meet debt levels, with a current ratio of 2, while the quick ratio is 1.6.
For the last year Seagate Technology plc, STX has seen a EPS growth of -84.40%. A performance for the year of 35.32%. The 52-week high is -22.49%, and the 52-week low is 39.58%. The average volume for Seagate Technology plc, STX is 5357158.
With a target price of 45.92, 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 16.24 and a forward P/E of 8.58. Perhaps the more useful indicator than P/E, is PEG which has a value of 0.95. Seagate Technology plc also has a P/S and a P/B of 1.06 and 7.27 respectively. For P/cash, Seagate Technology plc has a value of 3.86, while it is 12.93 for P/free cash flow.
At the current price of 39.5, Seagate Technology plc has a dividend yield of 6.38%. We see a return on equity of 46.60%.
Looking more long-term Seagate Technology plc, is projected to get an EPS growth for the next five years of 17.09%. In the short-term an EPS growth of 3.41% 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.