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How to Buy Seagate Technology Holdings Stock

Seagate Technology Holdings PLC

Seagate Technology Holdings plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally.

Seagate Technology Holdings stock last closed at $83.44, down 0.9% from the previous day, and has increased 29.83% in one year. It has underperformed other stocks in the Computer Hardware industry by 1.12 percentage points. Seagate Technology Holdings stock is currently +53.61% from its 52-week low of $54.32, and -17.6% from its 52-week high of $101.26.

There are currently 209.51M STX shares outstanding. The market cap of STX is $17.48B. In the past 24 hours, 1.81M STX shares were traded.

How to Buy Seagate Technology Holdings Stock

Wondering how to invest in Seagate Technology Holdings stock? Here's how.
  1. Choose where to buy Seagate Technology Holdings stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you determine where to buy Seagate Technology Holdings stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Fund your investment account: Pick your method of payment and add your info.
  4. Evaluate Seagate Technology Holdings stock: The Seagate Technology Holdings ticker symbol is STX. Is Seagate Technology Holdings stock a good investment? Should you buy shares of STX? How do STX's underlying business fundamentals look? Do top analysts think Seagate Technology Holdings is a good buy? Why has STX's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if STX is a good stock to buy).
  5. Place your STX buy order: Decide if you will purchase STX shares at the current market price or use a limit order to purchase STX stock at a specific price.
  6. Get notifications regarding your STX investment: Create a watchlist to key updates about your position in Seagate Technology Holdings stock.

Step 1: Choose where to buy Seagate Technology Holdings stock

You will need a brokerage account to access the NASDAQ market and buy STX stock.

A brokerage account allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've selected your brokerage, the next step is to fill out some personal info so you can invest in STX stock today.

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Step 3: Fund your investment account

Now that you've finished signing up on the best beginner stock app, your next step is to transfer the money for your investment:

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Step 4: Evaluate Seagate Technology Holdings stock

Once you have chosen the best place to buy Seagate Technology Holdings stock, it's crucial to research their stock before you invest, so you can comprehend the risk and opportunity.

Seagate Technology Holdings shares at a glance

STX Price
$83.44
1w %
-6.01%
1y %
29.83%
5y %
65.23%
P/E
-23.77x
P/B
-9.64x
P/S
2.69x
PEG
N/A
Revenue
$6.47B
Earnings
-$728.00M
Fore. Rev. Growth
13.6%
Fore. Earn. Growth
N/A
Market Cap
$17.48B
Next Earnings
Apr 23, 2024
Next Dividend
N/A

Seagate Technology Holdings Due Diligence Checks

WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on STX's stock page.

Is STX stock overvalued?

You can use many financial metrics, analyses, models, and charts to gauge STX's true value.

You can do additional valuation research on STX's stock here.

STX Financials at a glance

Passed Health Checks:

  • There are more short-term assets than short-term liabilities on the STX balance sheet.

Failed Health Checks:

  • STX debt to equity ratio of -4.94 is negative.
  • STX profit margin has gone down from 6.6% to -11.3% in the past year.
  • Total STX debt is still negative.
  • STX earnings of -$303.00M is not enough to cover its interest payments.
  • There are more long-term liabilities than short-term assets on the STX balance sheet.
  • STX's operating cash flow of $742.00M allows it to safely service it's debt of $5.67B.

Is Seagate Technology Holdings stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 13 Equities analysts who monitor STX, the consensus analyst rating on STX is a Buy

It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.

Latest STX Analyst Forecasts

Aaron Rakers, a top 1% analyst from Wells Fargo maintains STX with a hold rating and raises their STX price target from $80.00 to $90.00, on Feb 1, 2024.

Toshiya Hari, a top 2% analyst from Goldman Sachs maintains STX with a hold rating and raises their STX price target from $65.00 to $84.00, on Jan 26, 2024.

Tristan Gerra, a top 18% analyst from Baird maintains STX with a buy rating and raises their STX price target from $70.00 to $100.00, on Jan 25, 2024.

Matt Bryson, a top 2% analyst from Wedbush reiterates STX with a hold rating and maintains their STX price target from $100.00 to $100.00, on Jan 25, 2024.

Kevin Cassidy, a top 5% analyst from Rosenblatt maintains STX with a strong buy rating and raises their STX price target from $100.00 to $115.00, on Jan 25, 2024.

You can dive deeper into what analysts are forecasting on the Seagate Technology Holdings stock forecast page.

STX Technicals

SMA10
86.58
SMA20
88.91
SMA50
89.4
SMA100
86.38
SMA200
76.45
MACD
-1.55
MACD Signal
-0.74
MACD Histogram
-0.81
RSI
35.52
Stochastic %K
6.28
Stochastic %D
5.28
StochRSI %K
3.27
StochRSI %D
2.03

How are STX Revenues/Earnings doing?

Last year, STX revenue was $6.47B. Over the last 5 year, STX's revenue has gone up by -10.62% per year. This was slower than the Computer Hardware industry average of 9.41%.

Dig into STX's earnings and revenue performance here.

Latest Insiders Trades at STX

Over the last 12 months, executives and large shareholders at STX have sold more shares than they have bought.

John Christopher Morris, SVP HDD SDD Products CTO of STX, was the latest STX insider to sell. They sold $16,684.20 worth of STX shares on Mar 9, 2024.

Learn more about who owns STX shares here.

Does STX provide a stable income stream?

Seagate Technology Holdings pays a dividend of 0.84%, compared to the Computer Hardware industry's average dividend yield of 1.77%. If you owned $1,000 worth of STX stock, you would have received $8.39 in the past 12 months.

Seagate Technology Holdings dividend payments have consistently grown over the past decade and have remained stable.

Find more analysis about Seagate Technology Holdings dividend yield and history here.

What others are saying about STX

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Step 5: Place your STX buy order

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly sufficient.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a specific dollar amount, use a limit order.

Press the Open button and your broker will execute your order.

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Step 6: Get notifications regarding your STX investment

Now that you own some shares in STX, you'll want to stay up-to-date on your new investment.

Create a watchlist to keep tabs on your STX stock.

STX Feed

How to Buy Stock in Seagate Technology Holdings

To summarize, here are the 6 steps to buy Seagate Technology Holdings stock:

  1. Choose where to buy Seagate Technology Holdings stock
  2. Create a brokerage account
  3. Fund your investment account
  4. Evaluate Seagate Technology Holdings stock
  5. Place your STX buy order
  6. Get notifications regarding your STX investment

If you require a brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest news on your investment in Seagate Technology Holdings, create a watchlist on WallStreetZen today.

NASDAQ: STX
$83.44-0.76 (-0.9%)
Updated Apr 18, 2024
Open eToro Account
NASDAQ: STX
$83.44-0.76 (-0.9%)
Updated Apr 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Seagate Technology Holdings share?

As of Apr 18, 2024, it costs $83.44 to buy one share of Seagate Technology Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.12 shares of STX.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Seagate Technology Holdings stock?

According to 13 Wall Street analysts who monitor Seagate Technology Holdings, their consensus recommendation is to buy Seagate Technology Holdings stock.

What is the best way to buy Seagate Technology Holdings stock?

One way to place an order for Seagate Technology Holdings stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.