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Seagate Technology plc (0Y2A.L)

LSE - LSE Delayed price. Currency in USD
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57.25+2.96 (+5.45%)
As of 10:37AM GMT. Market open.
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  • K
    Ken
    Former Seagater and long time drive industry Analyst at Benchmark raises Seagate to Buy with $60 price target. Notes improving picture for margins and enterprise segment.
  • P
    Phil
    Don't know why it's down after earnings. Beat eps .93 vs .88. Beat next quarter's expectations 1.10 vs 1.08. Raised dividend by 3 percent. Nothing looks bad as far as I can tell.
  • o
    osulinnn
    STX will hit $100... long time coming.
  • w
    w
    I love earnings day for STX because it always presents great opportunities. The down in INTC shares helped the typical short raid for STX immediately after earnings report and caused an overdone down in STX shares in after market. GREAT BUYING OPPORTUNITY. I purchase all the shares I could as it to $48 and below. The news on the company is solid, and the forward guidance is actually above consensus estimates for next quarter, as well as the slight beat for the old quarter. They not only increased the quarterly dividend, but also upped the share repurchase by $3 billion. Any weakness is a buying opportunity. For now I am buying at $48 and below. I will likely be raising my buy point as the silly selling abates.............
  • L
    Lady D
    well THAT was a roller coaster ride there for one night. Now down only 36 cents after all the dust settled and bargain hunters did their thing.
    This is STILL a buy.
  • w
    w
    MU just reported earnings. Now MU's business don't completely align with STX's however , part do. The parts that do, cloud, mass storage and laptop computer demand were STRONG. STX is one of the best values in the stock market. Would definitely buy on any weakness, I see higher prices next year for STX stock, plus a great dividend!
  • M
    Matt
    >>Raised the quarterly cash dividend by 3% to $0.67 per share<<

    "... underscoring the confidence in our strategy and long-term cash generation abilities with a 3% increase in our quarterly dividend and a $3 billion increase to our existing share repurchase authorization."
  • N
    Nomad
    Some guy in Grinder is recommending this stock is that good ?
  • A
    Austin
    closed my position today glta
  • B
    Booleansearcher
    I think we need to change the name to Seagate Tesla or Seagate Apple.....we need respect
  • S
    Simon
    Who ever saids this stock is too high is smoking crack. Look at the PE for all the other tech that keeps gaining. They are very high. This is not.
  • w
    w
    latest indicators show that STX's businesses in the growth area are strengthening. STX, with it shareholder friendly protocol of returning large amount of cash flow to the shareholder through dividends and buybacks is one of the best stable investments for that portion of an investor's portfolio desiring safety , good income and to be able to sleep at night. It is not "thrilling" but year after year has proven and is set up to continue proving that shareholders are very well rewarded, particularly in this zero interest era.
    I rate it a "BUY".
  • C
    Colin
    STX to be the exclusive provider of external SSD for Xbox Series X at launch, but will likely face competition after launch.
  • m
    murch
    I have never seen a more irrational reaction to an earning's report than Seagate's. EVERY SINGLE TIME, Seagate reports solid numbers in revenue and profit, with small debt well under control, and increasing dividends to boot, yet stock invariably falls 5-7%. EVERY SINGLE TIME. But here is how you can tell this is simply a knee-jerk reaction by stupid market makers and short sellers: Seagate always comes back within a couple of weeks of the report. If never continues to drop and drop. So, this is another excellent opportunity to load up on cheaper shares, and sell right before the next earning report. This is the way to trade Seagate. An excellent company BTW. Never ever buy the #$%$ story that disk drives are dead, blah blah blah. I have been working in this industry for years, and have heard this nonsense for years. Cloud is growing fast, and Seagate and WD will dominate. Problem with WD is debt (enormous premiums they paid for Sandisk). GLTA.
  • S
    Sze
    STX stock price is still too high as they only have HDD business which will be replaced by SSD very soon....go for WDC
  • S
    Stocktargetadvisor
    $STX
    Target Lowered by Mizuho Securities Neutral USD 56 » USD 54
    Target Raised by Cowen Market Perform USD 44 » USD 48
  • M
    Matt
    "Hedge Funds Are Dumping Seagate Technology"

    As it pushes up to 4 month highs!!!
  • C
    ChopinLiszt
    No joke but when Intel is at 47, I wont pay 40 bucks for this stock!!!! HAHAHA
  • C
    ChopinLiszt
    SOLD!
  • A
    Austin
    Its Payday Boys and Girls