Seagate Technology. (NASDAQ:STX) most recently reported quarterly actual earnings per share of $0.69 for the period ending on 2016-06-30. Prior to the company reporting, consensus estimates based on data from Zacks Research projected the company to report EPS of $0.6. The difference between the estimate and the actual EPS was $0.09 creating a surprise factor of 15%. Currently, the company has an impact score of 82. The likelihood that the stock will move on news is greater with a higher impact score. According to Beta Research, the stock has a sentiment score of 0.113. On a scale between 1 and -1, a positive score tends to portray a favorable view of company results by news outlets. The opposite is true for a negative sentiment score.

In taking a look at where the stock might be headed, analysts have a consensus price target of $33.375 on the shares. The most bullish brokerage firm has a $50 target, while the most bearish sees the stock headed towards $22. This is according to the 16 estimates taken into consideration by Zacks Research.

In terms of Buy/Sell recommendations, analysts have a consensus rating of 2.86. This is according to a simplified scale where 1 represents a Strong Buy and 5 a Strong Sell recommendation. There were 16 recommendations taking into account in order to arrive at this number. Of the 16, 3 have a Strong Buy rating and 1 are rating it a Buy.

Seagate Technology plc (Seagate) is the provider of electronic data storage products. The Company’s principal products are hard disk drives, commonly referred to as disk drives, hard drives or HDDs. The Company produces a range of disk drive products addressing enterprise applications, where its products are designed for enterprise servers, mainframes and workstations; client compute applications, desktop and notebook computers, and client non-compute applications, for a range of end user devices, such as digital video recorders (DVRs), personal data backup systems, portable external storage systems and digital media systems. In addition to manufacturing and selling disk drives, it provides data storage services for small- to medium-sized businesses, including online backup, data protection and recovery solutions. On December 19, 2011, it completed the acquisition of Samsung Electronics Co., Ltd’s (Samsung) hard disk drive business. In August 3, 2012, it acquired 64.5% of LaCie S.A.

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