STX - スピリット・オブ・テキサス・バンクシェア―ズ （Seagate Technology PLC）

In the current trading session, Seagate Technology Holdings plc’s (STX) stock is trading at the price of $63.74, a fall of -0.59% over last night’s close. So, the stock is trading at a price that is -40.22% less than its 52-week high of $106.62 and 34.27% better than its 52-week low of $47.47. Based on […]

Tech giant Intel (NASDAQ:INTC) announced this month that it was slashing its dividend by a whopping 66%. Balancing growth and dividends doesn''t always work out, especially amid soaring inflation. Another dividend stock that may be in trouble is Seagate Technology (NASDAQ:STX). The company is known for its data storage solutions. It makes hard drives and other storage products that are essential to companies, especially as they are becoming more digitalized and doing work in the cloud. Seagate, however, has been facing challenges due to the current macroeconomic conditions. For the six-month period ending Dec. 30, 2022, revenue of $3.9 billion was down 37% from the same period last year. And during this stretch, the company reported a net loss of $4 million (versus a profit of more than $1 billion a year ago). Meanwhile, for the company''s upcoming third-quarter results, it''s projecting around $2 billion in sales, which would only be a modest improvement from the $1.9 billion in sales that Seagate reported in Q2.

FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX), a world leader in mass-data storage infrastructure solutions, today announced that management is scheduled to participate in the following investor event: Event: Morgan Stanley Technology, Media & Telecom Conference Date: Wednesday, March 8, 2023 Time: Presentation – 10:25 AM PT / 1:25 PM ET A live webcast of this event can be accessed online at Seagate’s Investor Relations website at investors.seagate.com. A r

While last year presented challenges for sectors not tied to the hydrocarbon energy space, the technology-related segment suffered horrendously. Though it does lead to opportunities in battered stocks to buy this year. And, if you believe in the buy-low, sell-high philosophy, you may want to read ahead. Fundamentally, the battered stocks to buy on this list present rational reasons for believing in their resurgence. Perhaps they’re undervalued relative to earnings or sales. Or they may enjoy either Wall street analyst support and/or sizable price targets. And some ideas just might be too heavily discounted to ignore. For other potential ideas, you can check out MarketWatch’s list of the biggest losers of 2022 . Since there are only so many hours in a day, below are seven battered stocks to buy for 2023. SE Sea Ltd. $65.01 PYPL PayPal $74.66 MTCH Match Group $43.63 STX Seagate Technology $70.26 AMD Advanced Micro Devices $78.50 DIS Walt Disney $105.22 META Meta Platforms $172.88 Sea Limited (SE) Source: Epic Cure / Shutterstock Starting off this list of battered stocks to buy, Singapore-based tech conglomerate Sea Limited (NYSE: SE ) isn’t on MarketWatch’s list above.

Seagate Technology Holdings PLC - Consensus Indicates Potential -4.3% Downside

Seagate Technology stock price rose around 1.5x from $42 in 2017 end to around $64 currently, primarily due to favorable changes in its revenue per share and P/S multiple.

Friday’s top analyst upgrades and downgrades included Bed Bath & Beyond, Caterpillar, Costco Wholesale, CTI Biopharma, Futu, iQIYI, Nvidia, Nutanix, Pure Storage, Seagate Technology and Taiwan Semiconductor Manufacturing.

Seagate Tech Hldgs (NASDAQ: STX ) has outperformed the market over the past 5 years by 5.08% on an annualized basis producing an average annual return of 14.95%. Currently, Seagate Tech Hldgs has a market capitalization of $13.72 billion. Buying $1000 In STX: … Full story available on Benzinga.com

Benchmark analyst Mark Miller downgraded Western Digital Corp (NASDAQ: WDC ) to Sell from Hold with a $34 price target. Miller noted that Seagate Technology Holdings PLC (NASDAQ: STX ) joined other firms like Micron Technology, Inc (NASDAQ: MU ) and Nvidia Corp (NASDAQ: NVDA ) in lowering outlooks . The analyst also downgraded Seagate to Hold from Buy. Seagate lowered its forecast for Q1. The combination of lower revenue, increased under-utilization charges, and a less favorable product mix in the September quarter will also result in a sequential decline … Full story available on Benzinga.com

Credit Suisse cut the price target for Snap Inc. (NYSE: SNAP ) from $35 to $29. Snap shares fell 0.5% to $10.83 in pre-market trading. BTIG boosted the price target on FREYR Battery (NYSE: FREY ) from $20 to $25. FREYR Battery shares fell 5.9% to $13.40 in pre-market trading . JMP Securities cut Veeva Systems Inc. (NYSE: VEEV ) price target from $240 to $215. Veeva Systems shares fell 12.5% to $174.50 in pre-market trading. Mizuho lowered the price target on Seagate Technology Holdings plc (NASDAQ: Full story available on Benzinga.com

Rosenblatt Securities Stick to Their Buy Rating for Seagate Tech

FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology plc (NASDAQ: STX), a world leader in data storage and infrastructure solutions, today announced that Shankar Arumugavelu has been appointed to the company’s Board of Directors and to serve on the Audit and Finance Committee of the Board, effective March 19, 2021. "I am very pleased to welcome Shankar to Seagate's Board of Directors," said Mike Cannon, Seagate's Board Chair. "As a well-respected CIO for one of the largest communications techno

Starting his studies at the University of Zurich and graduating from Cleveland State University, Ohio, Hans-Peter is a US Certified Public Accountant. He began his career in 1991 in public practice with Deloitte in Cleveland, Ohio, before moving back to Switzerland in 1996 to join Ernst& Young where he became a partner in 2001. In 2003 he moved back to Cleveland…

Northland Securities Stick to Their Buy Rating for Seagate Tech

Seagate Technology plc (NASDAQ:STX) Director Stephanie Tilenius sold 7,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 11th. The shares were sold at an average price of $77.38, for a total value of $541,660.00. Following the transaction, the director now directly owns 16,468 shares of the company’s stock, valued at […]