Seagate Technology Set for Q2 2025 Earnings Report with Key Metrics
Seagate Technology Holdings PLC (NASDAQ:STX) prepares to report crucial earnings results for fiscal Q2 2025 on January 21, 2025. Analysts anticipate earnings per share (EPS) will reach $1.87, with expected revenue of approximately $2.32 billion.
The company has announced plans to reduce its substantial debt by $700 million this year, demonstrating a commitment to enhance its financial standing despite recent stock value declines.
- The current P/E ratio stands at 24.34, while the price-to-sales ratio sits at 2.77. These figures provide insight into how the market evaluates Seagate’s profitability.
- Seagate offers a dividend yield of 3.25%, appealing to income-focused investors amidst fluctuating stock prices.
Seagate’s strong foundation in the mass-capacity data storage industry positions it well for growth. The rising demand for cloud storage and advancements in HAMR technology underline the company’s strategy for future success. Investors and analysts alike will pay close attention to the impending earnings call and the financial metrics that follow.