Stocks like Seagate Technology Holdings Plc [STX] still have plenty of sunny days ahead

In Thursday’s Wall Street session, Seagate Technology Holdings Plc (NASDAQ:STX) shares traded at $108.86, up 4.24% from the previous session.

STX stock price is now 25.01% away from the 50-day moving average and 12.89% away from the 200-day moving average. The market capitalization of the company currently stands at $23.10B.

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With the price target maintained at $100, BNP Paribas Exane recently Upgraded its rating from Underperform to Neutral for Seagate Technology Holdings Plc (NASDAQ: STX). On January 22, 2025, The Benchmark Company Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock keeping its target price maintained at $120, while ‘Summit Insights’ rates the stock as ‘Buy’

In other news, BRUNER JUDY, Director bought 10,446 shares of the company’s stock on May 22 ’25. The stock was bought for $1,125,000 at an average price of $107.70. An SEC document containing details of the transaction can be found on the SEC’s website. On May 22 ’25, Director WILLIAM MOSLEY bought 130,000 shares of the business’s stock. A total of $13,575,900 was incurred on buying the stock at an average price of $104.43. A total of 0.60% of the company’s stock is owned by insiders.

During the past 12 months, Seagate Technology Holdings Plc has had a low of $63.19 and a high of $115.32. According to the stock market information, the enterprise value for the company is $27433992192, which is based on a 15.73 price-to-earnings ratio, a 0.15 price-to-earnings-growth ratio, and a beta of 1.36. The fifty day moving average price for STX is $87.0806 and a two-hundred day moving average price translates $96.43305 for the stock.

The latest earnings results from Seagate Technology Holdings Plc (NASDAQ: STX) was released for 2025-03-28. The company reported revenue of $2.16 billion for the quarter, compared to $1.66 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 30.51 percent.

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