Seagate Technology (STX) Declares $0.63 Quarterly Dividend; 6.7% Yield

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Go back to Seagate Technology (STX) Declares $0.63 Quarterly Dividend; 6.7% Yield

Seagate Technology (STX) PT Raised to $50 at Jefferies Following 2Q Report

January 25, 2017 6:58 AM EST

Jefferies raised its price target on Seagate Technology (NASDAQ: STX) to $50.00 (from $44.00) while maintaining a Buy rating following the company's 2Q earnings report.

Analyst James Kisner commented, "Seagate reported robust FQ2 (Dec) results with EPS well above Consensus driven by revenue strength... More

Seagate Technology (STX) PT Raised to $45 at Baird Following 2Q Beat

January 25, 2017 6:53 AM EST

Baird raised its price target on Seagate Technology (NASDAQ: STX) to $45.00 (from $37.00) while maintaining a Neutral rating following 2Q report. STX reported non-GAAP EPS of $1.38, well above consensus of $1.08. Revenue was $2.894 billion, above consensus of $2.828B.

Analyst Tristan Gerra commented, "Seagate's earnings... More

Seagate Technology (STX) Issues Positive Q3, FY17 Outlook

January 24, 2017 5:45 PM EST

On its call, Seagate Technology (NASDAQ: STX) said it sees Q3 revenues of about $2.7 billion, versus the consensus of $2.61 billion.

Sees FY17 EPS of at least $4.50, versus the consensus of $3.77. Expects to see revenue growth in 2017.

Remains confident in higher end of long-term 27-32% margin range.

... More

Seagate Technology (STX) Tops Q2 EPS by 30c

January 24, 2017 4:10 PM EST

Seagate Technology (NASDAQ: STX) reported Q2 EPS of $1.38, $0.30 better than the analyst estimate of $1.08. Revenue for the quarter came in at $2.9 billion versus the consensus estimate of $2.83 billion.

"The Companys product execution, operational performance, and financial results improved every quarter throughout 2016. In... More