Analyst Ratings for Seagate Technology PLC (STX)

Updated: 2017-07-29

An average rating of Hold has been given to Seagate Technology PLC (NASDAQ:STX) by analysts covering the stock. A consensus rating of Hold was previously issued for STX last month.

Of the 31 analysts covering the stock, 8 gave it a buy rating, 0 gave an overweight rating, 20 gave a hold rating, 1 issued an underweight rating, and 2 gave a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 1.

Several price targets were given for STX by the analysts covering the stock. The most optimistic price target was 57, implying potential capital gains of 74.79 percent. The most pessimistic price target was 34, implying a possible loss of 4.26 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -11.45 percent. That number becomes -11.45 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -7.81 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -7.88 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 6 analysts made negative revisions. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 7 analysts made negative revisions to their fiscal year's estimates.

The growth rate of STX's earnings is estimated by analysts to be 58.59 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. STX has a PEG ratio of 0.22.

STX has traded between a high of 50.96 and a low of 30.09 over the past year. Currently the stock is 8.37 percent higher than its low, and 36.01 percent lower than its 52-week high. STX has a P/E ratio of 12.64. Investors typically compare the P/E ratio to a company's peers in the industry. The STX value stock report compares STX to some of its peers using value stock charts. The stock has a market capitalization of $9.51 billion. STX's next earnings release will be on 0000-00-00, which is days away.