Seagate Technology PLCs in-depth stock price analysis indicates that the stock price has rallied 18.25% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 39.39% . Looking at the past 52 week period, the stock price is up at 55.49% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Seagate Technology PLC has a positive value of 10.8 compared to overall market. Seagate Technology PLC (NASDAQ:STX) has climbed 0.37% in the past week and advanced 25.91% in the last 4 weeks. The stocks have underperformed the S&P 500 by 0.44% during the past week but Seagate Technology PLC (NASDAQ:STX) it has outperformed the index in 4 weeks by 23.65%.
Seagate Technology PLC (NASDAQ:STX) : On Friday heightened volatility was witnessed in Seagate Technology PLC (NASDAQ:STX) which led to swings in the share price. The stock opened for trading at $46.51 and hit $46.6 on the upside , eventually ending the session at $46.46, with a gain of 0.19% or 0.09 points. The heightened volatility saw the trading volume jump to 3,658,189 shares. The 52-week high of the share price is $46.68 and the company has a market cap of $13,714 million. The 52-week low of the share price is at $18.4201 .
Seagate Technology PLC Last issued its quarterly earnings results on Jan 24, 2017. The company reported $1.32 EPS for the quarter, beating the analyst consensus estimate by $ 0.24. Analyst had a consensus of $1.08. The company had revenue of $2894.00 million for the quarter, compared to analysts expectations of $2830.03 million. The companys revenue was down -3.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.82 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Barclays on Jan 31, 2017 to Equal Weight, Raises Price Target to $ 49 from a previous price target of $46 .Company shares were Reiterated by Mizuho on Jan 25, 2017 to Neutral, Raises Price Target to $ 40 from a previous price target of $34 .Company shares were Reiterated by Cowen on Jan 25, 2017 to Market Perform, Raises Price Target to $ 46 from a previous price target of $36 .Company shares were Reiterated by Needham on Jan 25, 2017 to Strong Buy, Raises Price Target to $ 55 from a previous price target of $47 .Company shares were Reiterated by The Benchmark Company on Jan 25, 2017 to Buy, Raises Price Target to $ 50 from a previous price target of $45 .
Company has reported several Insider transactions to the SEC, on Feb 3, 2017, Chong Sup Park (director) sold 1,618 shares at 44.63 per share price.On Nov 22, 2016, Mark Re (SVP & CTO) sold 11,000 shares at 38.97 per share price.On Nov 18, 2016, Regan J Macpherson (SVP and General Counsel) sold 3,091 shares at 38.40 per share price.
Seagate Technology PLC offers a portfolio of hard disc drives, solid state drives and solid state hybrid drives. It offers a range of disk drive products for the enterprise, client compute and client non-compute market applications. The Company also provides data storage services for businesses, including online backup, data protection and recovery solutions. Seagate Technology PLC is headquartered in Dublin, Ireland.