Seagate shares slide 5% premarket as sales fall and profit guidance falls short [MarketWatch]
Seagate Technology Holdings PLC - Ordinary Shares (Ireland) (STX)
Last seagate technology holdings plc - ordinary shares (ireland) earnings: 4/22 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
seagate.com/investors/overview
Company Research
Source: MarketWatch
Seagate shares slide 5% premarket as sales fall and profit guidance falls short Seagate Technology PLC shares STX, -4.43% fell 5$ in premarket trade Friday, after the maker of hard disk drives and storage products said revenue fell in its fiscal fourth quarter and offered soft profit guidance. Cupertino, Calif.-based Seagate said it had net income of $983 million, or $3.54 a share, in the quarter to June 28, up from $461 million, or $1.57 a share, in the year-earlier period. The number was boosted by a one-time tax benefit of $702 million. Excluding that benefit, adjusted per-share earnings came to 86 cents, ahead of the 84 cents FactSet consensus. Revenue fell to $2.371 billion from $2.835 billion, ahead of the FactSet consensus of $2.326 billion. "As we enter our next fiscal year, global industry conditions have started to improve, particularly among cloud and hyperscale customers," Chief Executive Dave Mosley said in a statement. "Seagate is in a strong strategic position to add
Show less
Read more
Impact Snapshot
Event Time:
STX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
STX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
STX alerts
High impacting Seagate Technology Holdings PLC - Ordinary Shares (Ireland) news events
Weekly update
A roundup of the hottest topics
STX
News
- Seagate Technology: Valuation Needs To Go Down Some More To Be Attractive [Seeking Alpha]Seeking Alpha
- Seagate Technology Holdings plc (NASDAQ: STX) had its price target raised by analysts at UBS Group AG from $90.00 to $95.00. They now have a "neutral" rating on the stock.MarketBeat
- Seagate Technology Holdings plc (NASDAQ: STX) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $84.00 to $96.00. They now have a "neutral" rating on the stock.MarketBeat
- Seagate Technology Holdings plc (NASDAQ: STX) had its "hold" rating re-affirmed by analysts at Benchmark Co..MarketBeat
- Seagate Technology Holdings plc (NASDAQ: STX) had its price target raised by analysts at Cantor Fitzgerald from $95.00 to $100.00. They now have a "neutral" rating on the stock.MarketBeat
STX
Earnings
- 4/23/24 - Beat
STX
Sec Filings
- 4/23/24 - Form 8-K
- 4/23/24 - Form 8-K
- 3/12/24 - Form 4
- STX's page on the SEC website