|Bid||0.00 x 1000|
|Ask||0.00 x 1200|
|Day's Range||39.09 - 40.92|
|52 Week Range||36.69 - 62.70|
|Beta (3Y Monthly)||2.44|
|PE Ratio (TTM)||7.95|
|Earnings Date||Jan 28, 2019 - Feb 1, 2019|
|Forward Dividend & Yield||2.52 (6.32%)|
|1y Target Est||48.50|
Seagate (STX) partners Tape Ark with an aim to shift legacy tape-restricted data into leading cloud platforms to solve inaccessibility and data loss.
Highlighted as Zacks Bull and Bear of the Day Columbia Sportswear, Seagate Technology, Fujifilm, Mosaic Company and KT
Shares of storage company Pure Storage (PSTG) fell 5.9% to close trading at $17.41 on December 7. Pure Storage has generated returns of -8% this month and -33% since the start of October.
Index (PMI) data, output in the Technology sector is rising. 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.
Seagate Technology plc (STX) today announced a partnership with Tape Ark, enabling businesses around the world to migrate tape-archived data to the cloud using secure and proven processes. Seagate’s Lyve Data Services, powered by Tape Ark, will be moving these legacy data archives online, bringing massive datasets back to life, thereby extracting tremendous value and enabling businesses to mine their data for significant insights.
In this daily bar chart of STX, below, we can see that prices tested the declining 50-day moving average line in November and the beginning of December. The daily On-Balance-Volume (OBV) line shows a rise in November to almost a new high suggesting that buyers of STX have been more aggressive. In this weekly bar chart of STX, below, we get to see the price action in a different light.
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. Index (PMI) data, output in the Technology sector is rising.
So far, we’ve seen that HP Inc.’s (HPQ) revenue and earnings rose at a robust pace in fiscal 2018. The company has reported double-digit year-over-year growth in the last five consecutive quarters.
The global datasphere1 could grow to 175 zettabytes by 2025, and industries such as Financial Services, Manufacturing, Healthcare, and Media and Entertainment are helping to define this new era of data growth. This is according to an IDC White Paper The Digitization of the World – From Edge to Core, sponsored by global data and storage leader Seagate Technology, which examines impending shifts to the global data model. While Healthcare currently has the smallest share of the global enterprise datasphere among key industries examined in the study, it is primed to grow the fastest, far surpassing the Media and Entertainment sector and matching the Financial Services sector by 2025.
Pure Storage (PSTG) was listed on the stock exchange in late 2015. The stock fell 17% in 2016 and rose 42% in 2017. Since the start of 2018, it’s risen ~6.6%. Pure Storage shares were up 54% between January and August this year.
In the previous part of this series, we looked at analyst estimates for Pure Storage’s (PSTG) revenue and earnings growth over the next few years. Pure Storage’s revenue is expected to rise almost 5x from $440 million in fiscal 2016 to $2.11 billion in fiscal 2021. The expected operating leverage for Pure Storage in fiscal 2019 is high, at 8.27x.
Analysts expect Pure Storage’s (PSTG) revenue to rise 31.2% in the fourth quarter of fiscal 2019, which would result in revenue growth of 35% year-over-year in fiscal 2019. Pure Storage’s estimated 2019 revenue stands at $1.37 billion.
What’s Expected of HP Inc. in Q4 2018? HP Inc. (HPQ) spun off from Hewlett Packard Enterprise (HPE) three years ago to focus on its core business segments, Personal Systems and Printing. The company has time and again delivered on its financial and operational commitments over the last 36 months.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Read More...
We’ve already seen that HP Inc.’s (HPQ) revenue is expected to rise 11.8% in fiscal 2018 and 2% in fiscal 2019. The company’s EPS are expected to rise 22.4% in fiscal 2018 and 8.4% in fiscal 2019. In comparison, its estimated forward PE ratio is 8.44x for fiscal 2018 and 11.4x for fiscal 2019.
In the previous article, we saw that analysts expect HP Inc.’s (HPQ) revenue to rise 8.4% in the fourth quarter of fiscal 2018, which would result in revenue growth of 11.8% YoY (year-over-year) for the company in fiscal 2018. Analysts also expect its revenue to rise 3% YoY in the first quarter of fiscal 2019 and its overall revenue to rise 2% in fiscal 2019.
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The past 12 months have been a bit of a roller coaster for Cupertino-based Seagate Technology (STX). The market for data storage is cyclical, so perhaps this should not have come as too much of a shock to investors. Warning! GuruFocus has detected 2 Warning Signs with STX.
Not long ago, Nvidia (NASDAQ:NVDA) traded at close to $300 a share in October. With that in mind, investors are wondering, what’s in store for NVDA stock after the company reports earnings on Thursday, Nov. 15? At 31 times earnings, investors are in no mood to face any lowered expectations from Nvidia management.