3 Things Seagate Technology PLC Management Wants You to Know
On July 25, hard disk drive manufacturer Seagate Technology (NASDAQ: STX) reported its fourth-quarter earnings. Unfortunately, the results were well below expectations, and shares plummeted in response.
As my Foolish colleague Evan Niu explained in his excellent write-up explaining the drop, Seagate's revenue came in at $2.4 billion for the quarter, missing expectations of $2.56 billion, and earnings per share was $0.65, missing consensus of $0.98.
Image source: Seagate.
Source: Fool.com
Seagate Technology.Holdings plc Stock
€92.26
0.590%
The stock is one of the favorites of our community with 26 Buy predictions and 4 Sell predictions.
As a result the target price of 103 € shows a slightly positive potential of 11.64% compared to the current price of 92.26 € for Seagate Technology.Holdings plc.
