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Seagate Technology Holdings plc Stock Research

STX

66.12USD+1.14(+1.75%)Delayed

Market Summary

USD66.12+1.14
Delayed
1.75%

STX Alerts

STX Stock Price

STX RSI Chart

STX Valuation

Market Cap

13.6B

Price/Earnings (Trailing)

22.04

Price/Sales (Trailing)

1.46

EV/EBITDA

9.06

Price/Free Cashflow

18.04

STX Price/Sales (Trailing)

STX Profitability

EBT Margin

6.64%

Return on Equity

-131.49%

Return on Assets

7.86%

Free Cashflow Yield

5.54%

STX Fundamentals

STX Revenue

Revenue (TTM)

9.4B

Revenue Y/Y

-39.44%

Revenue Q/Q

-7.27%

STX Earnings

Earnings (TTM)

618.0M

Earnings Y/Y

-106.59%

Earnings Q/Q

-213.79%

Price Action

52 Week Range

47.4790.90
(Low)(High)

Last 7 days

7.3%

Last 30 days

3.1%

Last 90 days

25.7%

Trailing 12 Months

-25.7%

STX Financial Health

Current Ratio

1.13

STX Investor Care

Dividend Yield

4.23%

Dividend/Share (TTM)

2.8

Buy Backs (1Y)

6.79%

Diluted EPS (TTM)

2.82

Peers (Alternatives to Seagate Tech Holdings)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
AAPL
2.6T
387.5B
 13.48% -5.13%
27.45
6.74
 2.44% -5.35%
HPQ
28.9B
59.8B
 1.70% -18.63%
11.1
0.48
 -7.84% -60.07%
NTAP
13.7B
6.5B
 -1.16% -21.39%
10.61
2.11
 4.33% 27.27%
STX
13.6B
9.4B
 3.12% -25.73%
22.04
1.46
 -21.90% -66.38%
WDC
12.0B
15.8B
 -1.18% -24.13%
-129.21
0.76
 -16.84% -104.67%
MID-CAP
JNPR
11.1B
5.3B
 12.74% -6.75%
23.6
2.1
 11.95% 86.39%
PSTG
7.7B
2.7B
 -11.39% -27.75%
566.94
2.9
 34.27% 106.43%
SMCI
5.7B
6.6B
 4.46% 179.88%
9.84
0.86
 59.38% 362.85%
NCR
3.3B
7.8B
 -7.78% -41.30%
54.26
0.42
 9.61% -38.14%
XRX
2.4B
7.1B
 -7.12% -21.06%
-7.45
0.34
 0.98% 29.23%
SMALL-CAP
DDD
1.4B
556.2M
 -3.51% -35.73%
-13.53
2.51
 -12.75% -133.51%
QMCO
107.1M
402.6M
 0.88% -49.34%
-3.33
0.27
 8.80% 23.40%
DBD
94.9M
3.6B
 -62.85% -82.17%
-0.2
0.03
 -10.12% -413.74%
OSS
49.7M
71.9M
 -14.19% -35.08%
76.59
0.69
 23.75% -78.12%
SCKT
13.3M
22.2M
 -11.37% -53.37%
23.64
0.6
 2.03% -88.84%

Financials for Seagate Tech Holdings

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-11.6%9,35210,58111,66112,04611,975
  S&GA Expenses-2.0%544555559546531
  R&D Expenses-3.0%914942941926920
Costs and Expenses-5.4%8,6169,1059,7069,9449,916
EBITDA-25.9%1,4191,9162,3792,565-
EBITDA Margin-16.2%0.15*0.18*0.20*0.21*-
Earnings Before Taxes-47.1%6211,1731,6791,8951,883
EBT Margin-40.1%0.07*0.11*0.14*0.16*-
Interest Expenses5.7%276261249243239
Net Income-46.4%6181,1521,6491,8551,838
Net Income Margin-39.3%0.07*0.11*0.14*0.15*-
Free Cahsflow-25.2%7551,0091,2761,522-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-8.6%7,8678,6118,9449,1459,375
  Current Assets-17.6%3,0813,7404,0334,2594,450
    Cash Equivalents1.2%7707616151,1381,535
  Inventory-25.7%1,1941,6061,5651,4791,287
  Net PPE-3.4%2,1222,1962,2392,1972,216
  Goodwill0%1,2371,2371,2371,2371,237
Liabilities-7.0%8,3378,9628,8358,7248,849
  Current Liabilities-13.2%2,7253,1383,5552,8812,992
    LT Debt, Current0%63663658430.00235
    LT Debt, Non Current-3.9%5,3935,6135,0625,6145,626
Shareholder's Equity-33.9%-470-351109421526
  Retained Earnings-2.3%-7,850-7,672-7,117-6,767-6,533
  Additional Paid-In Capital-7,190----
Shares Outstanding-1.0%206208210218221
Float-24,700----
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-19.2%1,1361,4061,6571,9551,873
  Share Based Compensation-2.1%137140145131124
Cashflow From Investing-0.3%-366-365-352-399-399
Cashflow From Financing-20.8%-1,535-1,271-1,899-1,630-1,738
  Dividend Payments-1.0%598604610612619
  Buy Backs-26.6%1,3221,8021,7991,5611,895

Risks for STX

What is the probability of a big loss on STX?

66.2%

Probability that Seagate Tech Holdings stock will be more than 20% underwater in next one year

50%

Probability that Seagate Tech Holdings stock will be more than 30% underwater in next one year.

11.9%

Probability that Seagate Tech Holdings stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does STX drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Seagate Tech Holdings was unfortunately bought at previous high price.

Drawdowns

Returns for STX

Cumulative Returns on STX

11.2%

10-Year Cumulative Returns

15.4%

7-Year Cumulative Returns

6.5%

5-Year Cumulative Returns

13.9%

3-Year Cumulative Returns

What are the long-term rolling returns for STX?

FIve years rolling returns for Seagate Tech Holdings.

Annualized Returns

Which funds bought or sold STX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-17
American Portfolios Advisors
unchanged
-
-5,245
15,330
 -%
2023-03-15
B. Riley Wealth Advisors, Inc.
added
13.47
122,248
1,028,250
 0.03%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
20.79
5,650,310
34,798,300
 0.04%
2023-03-07
Great Lakes Retirement, Inc.
new
-
909,606
909,606
 0.23%
2023-03-06
Rockefeller Capital Management L.P.
added
30.32
952,000
4,255,000
 0.02%
2023-03-03
TIAA, FSB
sold off
-100
-214,000
-
 -%
2023-03-02
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA
new
-
7,628
7,628
 -%
2023-02-28
Voya Investment Management LLC
reduced
-62.12
-167,354,000
9,488,000
 0.01%
2023-02-27
ST GERMAIN D J CO INC
unchanged
-
-315,767
233
 -%
2023-02-24
SRS Capital Advisors, Inc.
reduced
-9.04
-521
8,479
 -%

1–10 of 45

Latest Funds Activity

Are funds buying STX calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own STX
No. of Funds

STX Alerts

Seagate Tech Holdings News

Business Insider

20 Stock Picks to Buy Now That Are Popular With Hedge Funds ....

Business Insider,
7 months ago

Business Insider

23 Stocks to Buy That Offer Big Dividends With Growth Potential ....

Business Insider,
7 months ago

Schedule 13G FIlings of Seagate Tech Holdings

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 17, 2023
sanders capital, llc
5.31%
10,961,463
SC 13G
Feb 09, 2023
vanguard group inc
11.28%
23,292,557
SC 13G/A
Feb 01, 2023
blackrock inc.
6.3%
12,958,000
SC 13G/A
Jan 27, 2023
jpmorgan chase & co
6.9%
14,329,262
SC 13G/A
Feb 22, 2022
va partners i, llc
6.1%
13,437,070
SC 13D/A
Feb 09, 2022
clearbridge investments, llc
3.8%
8,366,716
SC 13G/A
Feb 04, 2022
blackrock inc.
6.6%
14,597,253
SC 13G
Jan 28, 2022
jpmorgan chase & co
5.3%
11,801,627
SC 13G
May 04, 2021
va partners i, llc
-
0
SC 13D/A
Mar 05, 2021
va partners i, llc
8.4%
19,905,850
SC 13D/A

STX Fair Value

Seagate Tech Holdings fair value in different scenarios

The table shows the Fair Value estimates for Seagate Tech Holdings for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

26.32

-60.19%

33.43

-49.44%

44.10

-33.30%

54.97

-16.86%

68.05

2.92%
Current Inflation

24.67

-62.69%

31.21

-52.80%

40.93

-38.10%

50.79

-23.19%

60.57

-8.39%
Very High Inflation

22.53

-65.93%

28.36

-57.11%

36.90

-44.19%

45.51

-31.17%

51.62

-21.93%

Historical Seagate Tech Holdings Fair Value Estimates

Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Seagate Tech Holdings

View All Filings
Date Filed Form Type Document
Mar 29, 2023
8-K
Current Report
Mar 23, 2023
4
Insider Trading
Feb 24, 2023
4
Insider Trading
Feb 21, 2023
4
Insider Trading
Feb 17, 2023
SC 13G
Major Ownership Report
Feb 09, 2023
SC 13G/A
Major Ownership Report
Feb 02, 2023
4
Insider Trading
Feb 01, 2023
SC 13G/A
Major Ownership Report
Jan 27, 2023
SC 13G/A
Major Ownership Report
Jan 25, 2023
8-K
Current Report

Latest Insider Trading transactions for STX

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-22
Naik Ravi
sold (taxes)
-61,730
60.52
-1,020
evp, lyve storage services
2023-02-22
Romano Gianluca
acquired
-
-
32,767
evp & cfo
2023-02-22
Romano Gianluca
sold (taxes)
-997,510
66.39
-15,025
evp & cfo
2023-02-20
Romano Gianluca
sold (taxes)
-161,528
70.26
-2,299
evp & cfo
2023-02-01
Nygaard Jeffrey D.
acquired
1,388,440
37.7201
36,809
evp, operations and technology
2023-02-01
Nygaard Jeffrey D.
sold
-2,544,870
69.1371
-36,809
evp, operations and technology
2022-10-24
Conyers Yolanda Lee
sold (taxes)
-42,851
56.31
-761
-
2022-10-24
CLEMMER RICHARD L
sold (taxes)
-11,712
56.31
-208
-
2022-10-24
CLEMMER RICHARD L
acquired
-
-
577
-
2022-10-24
Conyers Yolanda Lee
acquired
-
-
2,112
-

1–10 of 50

About Seagate Tech Holdings

William D. Mosley
www.seagate.com
40000
Seagate Technology Holdings plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. The company offers hard disk and solid state drives, including serial advanced technology attachment, serial attached SCSI, and non-volatile memory express products; solid state hybrid drives; and storage subsystems. It also provides enterprise data solutions portfolio comprising storage subsystems and mass capacity optimized private cloud storage solutions for enterprises, cloud service providers, and scale-out storage servers and original equipment manufacturers (OEMs). In addition, the company offers external storage solutions under the Seagate Ultra Touch, One Touch, and Expansion product lines, as well as under the LaCie and Maxtor brands in capacities up to 16TB. It sells its products primarily to OEMs, distributors, and retailers. Seagate Technology Holdings plc was founded in 1978 and is based in Dublin, Ireland.

STX Income Statement

2022-12-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended6 Months Ended
Dec. 30, 2022
Dec. 31, 2021
Dec. 30, 2022
Dec. 31, 2021
Income Statement [Abstract]    
Revenue$ 1,887.0$ 3,116.0$ 3,922.0$ 6,231.0
Cost of revenue1,641.02,168.03,194.04,327.0
Product development200.0228.0434.0461.0
Marketing and administrative125.0136.0254.0269.0
Amortization of intangibles0.03.03.06.0
Restructuring Charges81.01.090.02.0
Total operating expenses2,047.02,536.03,975.05,065.0
(Loss) income from operations(160.0)580.0(53.0)1,166.0
Interest income1.01.02.01.0
Interest expense(77.0)(62.0)(148.0)(121.0)
Gain (Loss) on Extinguishment of Debt204.00.0204.00.0
Other Nonoperating Income (Expense)(6.0)(5.0)(16.0)1.0
Other income (expense), net122.0(66.0)42.0(119.0)
(Loss) income before income taxes(38.0)514.0(11.0)1,047.0
(Benefit from) provision for income taxes(5.0)13.0(7.0)20.0
Net (loss) income$ (33.0)$ 501.0$ (4.0)$ 1,027.0
Net (loss) income per share:    
Basic (in dollars per share)$ (0.16)$ 2.27$ (0.02)$ 4.58
Diluted (in dollars per share)$ (0.16)$ 2.23$ (0.02)$ 4.50
Number of shares used in per share calculations:    
Basic (in shares)206,000221,000207,000224,000
Diluted (in shares)206,000225,000207,000228,000
Cash dividends declared per ordinary share (in dollars per share)$ 0.70$ 0.70$ 1.40$ 1.37

STX Balance Sheet

2022-12-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 30, 2022
Jul. 01, 2022
Current assets:  
Cash and cash equivalents$ 770,000,000$ 615,000,000
Accounts receivable, net840,000,0001,532,000,000
Inventories1,194,000,0001,565,000,000
Other current assets277,000,000321,000,000
Total current assets3,081,000,0004,033,000,000
Property, equipment and leasehold improvements, net2,122,000,0002,239,000,000
Goodwill1,237,000,0001,237,000,000
Other intangible assets, net3,000,0009,000,000
Deferred Income Tax Assets, Net1,135,000,0001,132,000,000
Other assets, net289,000,000294,000,000
Total Assets7,867,000,0008,944,000,000
Current liabilities:  
Accounts payable1,085,000,0002,058,000,000
Accrued employee compensation107,000,000252,000,000
Accrued warranty68,000,00065,000,000
Accrued expenses829,000,000596,000,000
Total current liabilities2,725,000,0003,555,000,000
Long-term accrued warranty85,000,00083,000,000
Other non-current liabilities134,000,000135,000,000
Long-term Debt, Excluding Current Maturities5,393,000,0005,062,000,000
Total Liabilities8,337,000,0008,835,000,000
Shareholders’ (Deficit) Equity:  
Ordinary shares and additional paid-in capital7,281,000,0007,190,000,000
Accumulated other comprehensive income99,000,00036,000,000
Accumulated deficit(7,850,000,000)(7,117,000,000)
Total Shareholders’ (Deficit) Equity(470,000,000)109,000,000
Total Liabilities and Shareholders’ (Deficit) Equity7,867,000,0008,944,000,000
Less: current portion of debt, net of debt issuance costs$ 636,000,000$ 584,000,000