|Bid||32.40 x 500|
|Ask||32.60 x 500|
|Day's Range||32.08 - 33.42|
|52 Week Range||30.09 - 50.96|
|PE Ratio (TTM)||13.31|
|Dividend & Yield||2.52 (7.59%)|
|1y Target Est||N/A|
Seagate announced its fiscal Q4 and full year results on Tuesday, July 25, reporting a 9% year-on-year decline in revenues to $2.4 billion. Seagate’s Enterprise and Client Compute segments witnessed revenue declines, which led to the company missing the lower end of its revenue guidance by 4%.
The 2017 chasm between data storage competitors Seagate Technology PLC (NASDAQ: STX ) and Western Digital Corp (NASDAQ: WDC ) opened even wider this week following a disappointing earnings report by Seagate. ...
Seagate's earnings shortfall has encouraged short sellers to attempt to drive sector leaders to lower ground.