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STX
Stock ticker: NASDAQ
AS OF
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Price
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Capitalization
16.22B

STX Price Prediction, Seagate Technology Holdings PLC AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for STX with price predictions
07:00 PM EST Nov 27, 2023

Momentum Indicator for STX turns positive, indicating new upward trend

STX saw its Momentum Indicator move above the 0 level on November 01, 2023. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 84 similar instances where the indicator turned positive. In of the 84 cases, the stock moved higher in the following days. The odds of a move higher are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for STX just turned positive on November 01, 2023. Looking at past instances where STX's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .

STX moved above its 50-day moving average on October 27, 2023 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where STX advanced for three days, in of 323 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 240 cases where STX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for STX moved out of overbought territory on November 28, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 36 similar instances where the indicator moved out of overbought territory. In of the 36 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 18 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where STX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

STX broke above its upper Bollinger Band on November 20, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. STX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 86, placing this stock slightly better than average.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: STX's P/B Ratio (101.010) is very high in comparison to the industry average of (4.484). P/E Ratio (22.124) is within average values for comparable stocks, (60.508). Projected Growth (PEG Ratio) (1.540) is also within normal values, averaging (57.100). Dividend Yield (0.036) settles around the average of (0.036) among similar stocks. P/S Ratio (2.360) is also within normal values, averaging (9.755).

A.I. Advisor
published Earnings

STX is expected to report earnings to fall 57.95% to -9 cents per share on January 24

Seagate Technology Holdings PLC STX Stock Earnings Reports
Q4'23
Est.
$-0.09
Q3'23
Missed
by $0.01
Q2'23
Beat
by $0.08
Q1'23
Missed
by $0.52
Q4'22
Beat
by $0.06
The last earnings report on October 26 showed earnings per share of -21 cents, missing the estimate of -20 cents. With 1.27M shares outstanding, the current market capitalization sits at 16.22B.
A.I.Advisor
published Dividends

STX paid dividends on October 10, 2023

Seagate Technology Holdings PLC STX Stock Dividends
А dividend of $0.70 per share was paid with a record date of October 10, 2023, and an ex-dividend date of September 25, 2023. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Arista Networks (NYSE:ANET), Dell Technologies (NYSE:DELL), HP (NYSE:HPQ), NetApp (NASDAQ:NTAP), Seagate Technology Holdings PLC (NASDAQ:STX), Western Digital Corp (NASDAQ:WDC), Pure Storage (NYSE:PSTG), 3D Systems Corp (NYSE:DDD).

Industry description

Computer peripherals connect to a computer system to add functionality or to get information from or put information into computers. Think hard disk drive, data storage systems, cloud storage devices, printer and scanner, or mouse, keyboard etc. Some of the major companies operating in the computer peripherals industry include Western Digital Corporation, Seagate Technology PLC, NetApp, Inc., Zebra Technologies Corporation, and Xerox Holdings Corp.

Market Cap

The average market capitalization across the Computer Peripherals Industry is 5.76B. The market cap for tickers in the group ranges from 1.2K to 262.23B. ADTEF holds the highest valuation in this group at 262.23B. The lowest valued company is DPSM at 1.2K.

High and low price notable news

The average weekly price growth across all stocks in the Computer Peripherals Industry was 2%. For the same Industry, the average monthly price growth was 14%, and the average quarterly price growth was 1%. QUBT experienced the highest price growth at 23%, while SGE experienced the biggest fall at -24%.

Volume

The average weekly volume growth across all stocks in the Computer Peripherals Industry was -54%. For the same stocks of the Industry, the average monthly volume growth was -54% and the average quarterly volume growth was -79%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 49
P/E Growth Rating: 63
Price Growth Rating: 57
SMR Rating: 72
Profit Risk Rating: 85
Seasonality Score: -9 (-100 ... +100)
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published price charts
A.I. Advisor
published General Information

General Information

a designer of data storage products

Industry ComputerPeripherals

Profile
Fundamentals
Details
Industry
Computer Peripherals
Address
38/39 Fitzwilliam Square
Phone
+353 12343136
Employees
33400
Web
https://www.seagate.com
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STX and

Correlation & Price change

A.I.dvisor indicates that over the last year, STX has been closely correlated with WDC. These tickers have moved in lockstep 79% of the time. This A.I.-generated data suggests there is a high statistical probability that if STX jumps, then WDC could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To STX
1D Price
Change %
STX100%
-0.79%
WDC - STX
79%
Closely correlated
-0.68%
NTAP - STX
52%
Loosely correlated
+0.03%
HPQ - STX
48%
Loosely correlated
+0.42%
DELL - STX
39%
Loosely correlated
-0.58%
CRSR - STX
39%
Loosely correlated
-1.42%
More