Seagate Technology Reports Fiscal Fourth Quarter and Fiscal Year 2016 Financial Results
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Seagate Technology (STX) PT Raised to $31 at BMO Capital
August 2, 2016 3:25 PM EDTBMO Capital analyst Tim Long raised his price target on Seagate Technology (NASDAQ: STX) to $31.00 (from $22.00) following results that were in line with the positive pre-announcement, as well as strong guidance. The firm maintained a Market Perform rating.
Long commented, "Gross margin... More
Seagate (STX) PT Raised to $39 at Needham & Company Amid 'Strong' Q4 and Guide; Sees Better Times Ahead
August 2, 2016 2:21 PM EDTNeedham & Company analyst Richard Kugele reiterated a Strong Buy rating and boosted his price target to $39 (from $33) on Seagate Technology (NASDAQ: STX) following "strong" Q4 results and guidance. The analyst sees better times ahead driven by the cloud.
Kugele commented,... More
Seagate Technology (STX) PT Raised to $31 at RBC Capital; 'Sector Perform' Maintained
August 2, 2016 2:06 PM EDTRBC Capital analyst Amit Daryanani raised his price target on Seagate Technology (NASDAQ: STX) to $31.00 (from $27.00) following "impressive" Q4 results at $2.65B/ $0.69 versus consensus of $2.61B/$053, but maintained an Sector Perform rating.
Daryanani commented, "STX reported an impressive June-qtr vs. expectations and guided Sept-qtr... More
Seagate Technology (STX) PT Upped to $31 at Mizuho, Remains Sidelined
August 2, 2016 1:58 PM EDTMizuho Securities analyst Vijay Rakesh raised his price target on Seagate Technology (NASDAQ: STX) to $31.00 (from $23.00) but maintained a Neutral rating following Q4 results which were in-line with its positive pre-announcement. Meanwhile, the SepQ top line was guided up, and GM... More
Seagate Technology (STX) Maintains, Declares $0.63 Quarterly Dividend; 8.3% Yield
August 2, 2016 11:18 AM EDTWith earnings earlier, Seagate Technology (NASDAQ: STX) declared a quarterly dividend of $0.63 per share, or $2.52 annualized.
The dividend will be payable on October 5, 2016, to stockholders of record on September 21, 2016, with an ex-dividend date of September 19, 2016.
The annual yield on the dividend is 8.3... More
Seagate Technology (STX) Tops Q4 EPS by 9c
August 2, 2016 8:18 AM EDTSeagate Technology (NASDAQ: STX) reported Q4 EPS of $0.69, $0.09 better than the analyst estimate of $0.60. Revenue for the quarter came in at $2.65 billion versus the consensus estimate of $2.64 billion.
For earnings history and earnings-related data on Seagate Technology (STX) click here.
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