STX - Seagate Technology plc
| Previous Close | 43.73 |
| Open | 44.09 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 1100 |
| Day's Range | 44.00 - 45.82 |
| 52 Week Range | 35.38 - 59.93 |
| Volume | 3,833,872 |
| Avg. Volume | 3,079,309 |
| Market Cap | 12.605B |
| Beta (3Y Monthly) | 1.91 |
| PE Ratio (TTM) | 8.86 |
| EPS (TTM) | 5.14 |
| Earnings Date | Jul 29, 2019 - Aug 2, 2019 |
| Forward Dividend & Yield | 2.52 (6.02%) |
| Ex-Dividend Date | 2019-06-18 |
| 1y Target Est | 49.95 |
- Simply Wall St.•5 days ago
If You Like EPS Growth Then Check Out Seagate Technology (NASDAQ:STX) Before It's Too Late
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
- InvestorPlace•6 days ago
5 Great Dividend Stocks to Buy From the Tech Sector
When most investors hunt for dividend stocks, the technology sector is often not on their shopping list. The perception is that most technology firms need and are forced to plow every extra cent back into their businesses in order to fuel growth. As a result, tech stocks are seen as a strictly capital appreciation element for a portfolio.However, this isn't true at all. Tech stocks make for amazing dividend stocks.The reality is, that many firms in the tech sector are cash flow and profit machines. Thanks to surging revenues and high margins, mature tech firms simply mint money at this point. So much, in fact, that many have too much money sitting on their balance sheets. To rid themselves of that excess cash, many tech stocks have started paying some hefty dividends. And they have been growing those dividends by leaps and bounds too.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn the end, when looking for dividend stocks, the technology sector should be the first stop for portfolios rather than an afterthought. But which tech stocks have what it takes to be considered good dividend stocks as well? * 7 High-Quality Cheap Stocks to Buy With $10 Here are five that are worthy of consideration. Cisco (CSCO)Source: Shutterstock Dividend Yield: 2.45%No list of dividend stocks in the tech sector can be written without the firm that started the modern trend of payouts from tech. We're talking about Cisco (NASDAQ:CSCO). CSCO started paying a token dividend back in 2011 and hasn't looked back, growing that payout by more than 480%. And it's easy to see why Cisco has become such a dividend stalwart.Sensing a slowdown in networking, router and physical equipment sales, CSCO started to pivot into more software and services. Cloud computing, cybersecurity and other such products have quickly become big-time money makers for the firm. Perhaps, more importantly, these sales come with higher margins, reoccurrence and the ability to add value/upsell networking transactions. "We just built you this massive network for your cloud operations. Would you like us to secure it as well?"Because of this, CSCO has become a cash flow giant. Last quarter alone, the firm managed to see a 16% jump in operating cash flows once adjusting to overseas taxes paid for the Tax Cuts and Jobs Act. Meanwhile, cash on CSCO's balance sheet has swelled to more than $34.6 billion.With sales of software/services continuing to rise, CSCO should be able to keep bringing in the cash for the long haul. Even better is that the growth in data centers and 5G networking is once again boosting equipment sales.At the end of the day, Cisco is one of the best dividend stocks to buy -- tech sector not. Seagate Technology (STX)Source: Shutterstock Dividend Yield: 5.75%Like previously mentioned Cisco, Seagate Technology (NASDAQ:STX) may seem like a relic from the dot-com days. However, STX has managed to see plenty of new life in recent years. The key is data center demand is making one heck of a dividend stock.For many years after the dot-com bust, STX struggled. The rise of mobile and tablet computing crimped PC sales. At the same time, flash-based solid-state drives (SSD) hit Seagate's platter-based hard disk drives (HDDs) right in the wallet. SSDs are faster, smaller, and more power-efficient. Manufacturers liked these facts and started favoring them in PCS and other devices. As a result, STX stocks stagnated and was looking like a lost cause.That is until cloud computing and data center demand started to take over.It turns out, those building out networks and data centers prefer capacity over speed. That makes HHDs much better suited for this application. Since Seagate dove into SSD production -- like rival Western Digital (NASDAQ:WDC) -- it's been able to reap the full benefits of this expansion. Year to date, STX has managed to produce $1.3 billion in cash flow from operations and $862 million in free cash flows from higher drive demand. * 6 Growth Stocks That Could Be the Next Big Thing And naturally, Seagate has been rewarding investors with that extra cash. Today, shares yield a tech-sector high 5.75%. Apple (AAPL)Source: Yuanbin Du Via FlickrDividend Yield: 1.58%225 billion.That's a big number. It also happens to be the amount of cash Apple (NASDAQ:AAPL) has on its balance sheet. This makes the consumer tech company one of the most cash-rich firms on the planet. That fact alone could make it a big buy. But the fact that Apple has quickly become one of the leading dividend stocks and continues to increase its buyback programs makes it a big buy right now.The key is that Apple has been able to use its vast cadre of devices to sell apps, music, movies and games. This helps Apple produce plenty of cash flows. Meanwhile, its shift into various services and other add-ons for its customers have only enhanced its cash flows further. So, even though AAPL has been handing out plenty of cash to investors, its over cash balance continues to hover over that $200 billion mark. Last year, Apple spent more than $74 billion on buybacks and raised its dividend by roughly 5.5%.With new devices hitting the markets and a focus on building out content for those devices, Apple should have no problem growing that cash balance far into the future. That should make dividend investors happy. And while there are some risks with revenue slowdowns and Chinese trade, that massive cash pile provides such a huge cushion to keep the dividend grow going.With that, Apple is still one of the best dividend stocks around. Equinix (EQIX)Source: Shutterstock Dividend Yield: 1.95%One of the biggest trends in tech continues to be the growth of cloud computing and mobile access. Any time you use an app to go shopping or check your bank balance, you're tapping into a data center far away. It turns out that's a very good business to be in. Just ask Equinix (NASDAQ:EQIX).EQIX is the world's largest owners of these data centers -- with more than 200 under its umbrella. The key is that EQIX doesn't actually own or really operate the centers, it's a real estate investment trust (REITs). That is, it owns the specialized buildings and rents space inside to firms to build their required computing needs. It's essentially an apartment building owner for computers.Given the continued surge in data center demand from e-commerce, cloud computing, and mobile operations, EQIX has been sitting pretty over the last few years. Revenues and funds from operations rose by 14% and 12%, respectively in the first quarter of the year. This continues the REITs string of strong performance. The FFO growth is of particular interest as this cash flow directly translates into how much money a REIT can hand back as dividends to its shareholders.On that front, EQIX has been a champion as well. The data center giant has paid plenty of special stock dividends to its shareholders and has managed to grow its cash payout by 45% since 2014. * 7 Dark Horse Stocks Winning the Race in 2019 With continued demand for data centers assured, EQIX is the best dividend stock to play tech's backbone. Shares currently yield 1.95%. First Trust NASDAQ Technology Dividend ETF (TDIV)Source: Shutterstock Dividend Yield: 2.97%Considering that this list didn't even touch such amazing tech dividend stocks like Oracle (NASDAQ:ORCL), Microsoft (NASDAQ:MSFT) or even Texas Instruments (NYSE:TXN), one approach could be to think broad. There are plenty of tech ETFs on the market, but only the First Trust NASDAQ Technology Dividend ETF (NYSEArca:TDIV) tackles the sector with a dividend approach.The $1 billion fund tracks an index that screens for tech stocks that have paid a regular or common dividend within the past 12 months and haven't cut the payout either. This provides exposure to all the top names in tech that pay dividends -- currently at 83 different stocks. This includes all the names on this list as well. That focus also throws off a surprising amount of income as well. Today, TDIV has an SEC 30-day yield of nearly 3%. That's' better than the S&P 500 and current yields on Treasury bonds.And as a total return component, TDIV has been top notch. Since its inception in 2012, the ETF has roughly doubled in share price and managed to produce an average annual return of around 12%. That's around the same as the S&P 500. The key is that TDIV has been less volatile than the broader index. Less volatile than all the tech stocks in the broader index as well. The secret is in the power of the dividends.All in all, for investors looking to score some hefty dividends from tech and take advantage of the sector's growth, TDIV could be the best way to capture those benefits.Disclosure: At the time of writing, Aaron Levitt did not have a position in any stock mentioned. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Quality Cheap Stocks to Buy With $10 * 7 U.S. Stocks to Buy With Limited Trade War Exposure * 6 Growth Stocks That Could Be the Next Big Thing Compare Brokers The post 5 Great Dividend Stocks to Buy From the Tech Sector appeared first on InvestorPlace.
- Markit•6 days ago
See what the IHS Markit Score report has to say about Seagate Technology PLC.
Seagate Technology PLC NASDAQ/NGS:STXView full report here! Summary * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for STX with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold STX had net inflows of $3.69 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Zacks•12 days ago
Seagate Ups Ante with 16TB Capacity Storage Solutions (revised)
Seagate (STX) unveils much-awaited 16TB hard drives, posing threat to storage peers like Western Digital.
- Zacks•13 days ago
Smartsheet (SMAR) Q1 Earnings and Revenues Beat Estimates
Smartsheet (SMAR) first-quarter fiscal 2020 results benefit from customer wins and growth in business value.
- Motley Fool•13 days ago
Better Buy: Seagate Technology vs. Qualcomm
Which tech giant is a safer bet for a wobbly market?
- InvestorPlace•14 days ago
Aurora Cannabis Stock Is a (Pot) Growth Story
Every marijuana stock has a different strategy. For Aurora Cannabis (NYSE:ACB) stock, the strategy is simple. Grow a lot of pot, then find cheap ways to promote it.Source: Shutterstock This strategy has led to something very unusual for a marijuana stock last fall -- a profit. It was a small profit, and it was short-lived, but it means that (for now) the company has an honest-to-goodness price to earnings ratio, 36. As losses in 2019 continue flowing, that will disappear … but it's something few players have ever had.That's because legal pot, a market that opened last year in Canada and is now opening state-by-state in the U.S. (Illinois joined the parade last week), is a fast-growing market that requires investment to serve.InvestorPlace - Stock Market News, Stock Advice & Trading TipsJust like tech stocks, marijuana companies that are serious about becoming market leaders must raise money, take losses and look over the horizon to profit. Aurora is no exception. The Grow Light is On for ACB StockAurora expects to grow 662,000 kilograms of Canadian marijuana next year and has the capacity to grow a cool million. That's going to be the biggest harvest in the industry. It's important because other companies, like Tilray (NASDAQ:TLRY), are reporting shortages of product to sell. * The 10 Best Stocks for 2019 -- So Far Aurora's latest loss, C$160 million or 16 Canadian cents per share (the Looney now trades at 74 cents), was blamed on the cost of convertible debentures used to fund its growth. As the stock's price increases, the cost of those debentures also increases. So it is that good news became bad news.But there was real good news to report. * Aurora is building a logistics hub called Aurora Polaris to handle its product. * Aurora has bought a chemical laboratory, an industrial hemp producer and a medical marijuana brand. * Aurora made a tender to produce medical marijuana in Germany and began exports of CBD oil. * Aurora expanded into the United Kingdom and Portugal. * Aurora brought in Nelson Peltz as a strategic advisor, working on global expansion.Despite the good news, the bigger-than-expected loss sent the stock down, although the whole group is losing ground right now as Trump's trade war against everyone escalates. What's New for Aurora?Since the earnings were reported, Aurora has announced a contract to supply medical marijuana to Luxembourg.Aurora's latest headline is a marketing agreement with the Ultimate Fighting Championship (UFC), a fast-growing fighting and entertainment organization popular with millennials, covering CBD oil. This is claimed to promote recovery in preference to painkillers.There is little medical evidence to back up the claim, but the UFC is a global brand. CBD is the tip of the spear for marijuana products. Since it lacks the active ingredient that gets people high it's legal in many places that still frown on pot. The U.S. MarketAurora stock is hampered by a perceived lack of access to the U.S. market, deemed essential by speculators. Canopy Growth (NYSE:CGC), thanks to its alliance with Constellation Brands (NYSE:STZ), is considered the leader there.Another fact keeping the stock down is a shelf prospectus to issue up to $750 million more stock over the next two years. Some analysts call this bullish, because Aurora can pounce quickly on opportunity without going back to the markets. Others call this bearish since it means the stock can be watered down. The Bottom LineMarijuana is a product with multiple markets. There is industrial hemp, medical and recreational pot, as well as CBD oil and other derivatives.There's an old military adage that you "get there firstest with the mostest," which sums up Aurora. Getting product to the market, and promoting the market where it might exist next, are its strategy.I don't care for pot stocks, but if you do, this is one worth considering.Dana Blankenhorn is a financial and technology journalist. He is the author of the mystery thriller, The Reluctant Detective Finds Her Family, available at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned no shares in companies mentioned in this article. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 6 Retailers Including Disney Agree to Ditch On-Call Scheduling * The 10 Best Stocks for 2019 -- So Far * 7 Small-Cap ETFs to Buy Now Compare Brokers The post Aurora Cannabis Stock Is a (Pot) Growth Story appeared first on InvestorPlace.
- Business Wire•15 days ago
Seagate Delivers Industry’s First Enterprise-Ready Exos 16TB Hard Drive and Raises the Bar with IronWolf 16TB for NAS
Seagate Technology plc (STX), a world leader in data storage solutions, today announced it has been actively shipping 16TB helium-based enterprise drives as part of the Exos® X16 family, delivering high performance and record capacity for hyperscale data centers to efficiently and cost-effectively manage ever-increasing amounts of data. The company also updated the IronWolf® and IronWolf Pro Network Attached Storage (NAS) drive lines with new 16TB capacity models.
- Simply Wall St.•17 days ago
Why Stalexport Autostrady S.A. (WSE:STX) Looks Like A Quality Company
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
- Zacks•20 days ago
Why Is Seagate (STX) Down 9.5% Since Last Earnings Report?
Seagate (STX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Simply Wall St.•29 days ago
Do You Know What Seagate Technology plc's (NASDAQ:STX) P/E Ratio Means?
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...
- American City Business Journals•last month
Apple shares plunge on fresh fears over Trump tariffs
Apple shares fell again on Monday after an influential analyst cut the company’s price target, saying he worried more pain was on the horizon from President Trump’s escalating trade war with China.
- Zacks•last month
Western Digital-Toshiba Form JV to Invest in K1 Facility
Western Digital (WDC) benefits from new products rollout and innovation in memory technologies.
Reuters•last monthTrump administration hits China's Huawei with one-two punch
WASHINGTON/NEW YORK (Reuters) - The Trump administration on Wednesday took aim at China’s Huawei Technologies Co Ltd, banning the firm from buying vital U.S. technology without special approval and effectively barring its equipment from U.S. telecom networks on national security grounds. Taken together, the two moves threaten Huawei's ability to continue to sell many products because of its reliance on American suppliers, and represents a significant escalation in the U.S. government's worldwide campaign against the company. The steps also come at a delicate time in relations between China and the United States as the world's two largest economies ratchet up tariffs in a battle over what U.S. officials call China's unfair trade practices.
- American City Business Journals•last month
The Funded: Nine VC-backed companies score nearly $300M in Bay Area at midweek
Nine Bay Area companies raised nearly $300 million in funding deals announced at midweek. Here is more on that along with news about two upcoming IPOs and other local venture-related disclosures.
Market Realist•last monthSeagate Stock Fell More than 7% on May 13
The May 13 Sell-Off Pummeled Tech Stocks(Continued from Prior Part)Seagate’s returnsShares of semiconductor company Seagate (STX) fell 7.1% on May 13 to close trading at $44.04. Seagate stock has fallen close to 9% since the start of May 2019.
- Simply Wall St.•last month
Read This Before You Buy Stalexport Autostrady S.A. (WSE:STX) Because Of Its P/E Ratio
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...
- Motley Fool•last month
Better Buy: Seagate Technology vs. Western Digital Corporation
Which storage stock rules the day?
- Simply Wall St.•2 months ago
Is There Now An Opportunity In Seagate Technology plc (NASDAQ:STX)?
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Today we're going to take a look at the well-established Seagate Technology plc (NASDAQ:STX...
- Motley Fool•2 months ago
Is Seagate Technology an Undervalued Dividend Stock?
The hard-drive maker is approaching a cyclical trough with a low valuation and a high yield.
- Thomson Reuters StreetEvents•2 months ago
Edited Transcript of STX earnings conference call or presentation 30-Apr-19 1:00pm GMT
Q3 2019 Seagate Technology PLC Earnings Call
- Kiplinger•2 months ago
8 High-Yield Dividend Stocks That Deserve Your Attention
Interest rates still are flirting with generational lows, making it difficult to put together a portfolio that generates a decent income stream. Sure, there are high-yield dividend stocks offering sky-high income of 10% or more. But for most investors, what looks too good to be usually is.But you also want to determine the safety of the dividend, as well as the stock itself. Even in large-cap indexes such as the Standard & Poor's 500-stock index, there is always a General Electric (GE) lurking to throw that theory out the window. Professional analysts slice and dice a company's balance sheet using tools that most individual investors do not have. However, there is one quick analysis anyone can do using data that are readily available online for free.The dividend payout ratio - the dividend per share divided by earnings per share - tells us whether the company earns enough profit to continue paying its dividend. There is no hard-and-fast set of rules to follow, and a payout ratio doesn't tell the whole story, but a ratio of 50%-70% typically means a company can at least comfortably sustain its current dividend. Below 50%, and it can comfortably grow it. A ratio above 70%, and you have a little more reason for concern.We also can do a price safety check by looking at simple stock charts. The market itself has a good track record when it comes to assessing the health of a company. In the simplest of terms, if the price of a stock is rising over time, the market is expressing optimism. And if it is falling over time, the market is expressing concern about the company's direction.Here are eight high-yield dividend stocks to consider right now. All of them feature safe payout ratios, encouraging price trends and a few other positive fundamentals that should inspire confidence from income investors. SEE ALSO: 57 Dividend Stocks You Can Count On in 2019
