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Seagate Technology (STX)

(Real Time Quote from BATS)

$103.01 USD

103.01
144,365

-1.77 (-1.69%)

Updated Nov 11, 2024 10:46 AM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value B Growth C Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 37% (93 out of 250)

Industry: Computer - Integrated Systems

Zacks News

GoPro Q3 Earnings and Revenues Surpass Estimates

Lower unit sales affect GPRO's third-quarter performance. The delayed camera launch may negatively impact overall revenues in 2024.

FUJIFILM's Earnings Decline in Q2, Revenues Increase Y/Y

FUJIY's fiscal second-quarter revenues gain from strong sales in the Imaging and Electronics segments, along with favorable exchange rates.

ANSYS' Q3 Earnings & Revenues Surpass Estimates, Rise Y/Y

ANSS' Q3 revenues are driven by strong solid multi-year lease growth. It expects 2024 ACV to grow in double-digits.

Sensata's Q3 Earnings Meet Estimates, Revenues Decline Y/Y

Continued destocking, sluggish housing construction market and rising competition in the Chinese market weigh on ST's third-quarter performance.

Aspen Q1 Earnings & Revenues Miss Estimates, Decline Y/Y

Robust demand for the DGM suite cushions AZPN's first-quarter performance amid macroeconomic uncertainty.

How to Find Strong Computer and Technology Stocks Slated for Positive Earnings Surprises

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

Itron's Q3 Earnings & Revenues Surpass Estimates, Rise Y/Y, Stock Up

ITRI's Q3 2024 performance benefits from increased customer demand across Device Solutions, Networked Solutions and Outcomes business segments.

Onto Innovation's Q3 Earnings & Revenues Beat, Up Y/Y on Solid Demand

ONTO's Q3 2024 performance gains from continued momentum across all segments, including higher demand for its Dragonfly platform.

Generac's Q3 Earnings & Revenues Surpass Estimates, Up Y/Y

GNRC's third-quarter results gain from strengthening Residential product sales. Management raises sales outlook for 2024 due to higher power outage activity.

Fortive Q3 Earnings Beat Estimates, Revenues Up Y/Y, Outlook Raised

Continued momentum across IOS and AHS segments and robust orders growth aid FTV's third-quarter performance.

Blackbaud Q3 Earnings & Revenues Miss Estimates, Stock Tanks

BLKB's third-quarter performance is driven by robust growth in the Social Sector. However, revenue decline in the divested EVERFI business hurt the top line

NETGEAR Q3 Earnings and Revenues Surpass Estimates, Down Y/Y

NTGR's third-quarter performance is driven by strength in the NFB segment and demand for premium products portfolio within the CHP business.

Watts Water's Q3 Earnings Beat Estimates on Steady Revenue Growth

WTS' Q3 2024 performance gains from momentum across the APMEA and the Americas amid a challenging economic backdrop.

FLEX's Q2 Earnings Top Estimates, Revenues Down Y/Y, Stock Gains

FLEX's fiscal Q2 2025 performance is affected by continued softness across the Agility and Reliability Solutions segments.

Cadence's Q3 Earnings & Revenues Top Estimates, Surge Y/Y, Stock Jumps

CDNS' third-quarter results benefit from solid demand trends. It ends the quarter with a backlog of $5.6 billion.

What Makes Seagate (STX) a New Buy Stock

Seagate (STX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Seagate's Q1 Earnings & Revenues Beat Estimates, Up Y/Y, Stock Down

STX's first-quarter fiscal 2025 performance gains from an improvement in demand for mass capacity solutions.

Seagate (STX) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

While the top- and bottom-line numbers for Seagate (STX) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Seagate (STX) Tops Q1 Earnings and Revenue Estimates

Seagate (STX) delivered earnings and revenue surprises of 6.76% and 2.41%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?

Plexus Gearing Up to Report Q4 Earnings: Whats in the Cards?

PLXS' fiscal fourth-quarter performance is likely to have benefited from new program wins and momentum in the Healthcare/Life Sciences and Industrial sectors.

These 2 Computer and Technology Stocks Could Beat Earnings: Why They Should Be on Your Radar

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

Will Seagate (STX) Beat Estimates Again in Its Next Earnings Report?

Seagate (STX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Seagate Gears Up for Q1 Earnings: What's in the Offing?

STX's fiscal Q1 performance is likely to have gained from incremental improvements in mass capacity demand driven by nearline cloud products.

Seagate (STX) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Seagate (STX), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.

Will Increasing Uptake of Ciena's Solutions Aid CIEN Shares?

On Net Fibra Colombia selects CIEN's Blue Planet Cloud Native Platform to unify its network resources and automate service delivery to customers