Forbes

Seagate: A $30 Stock?

Seagate: A $30 Stock?

Seagate Technology has seen its stock fall 23% this year, and around 10% from the level it was at in mid-2018, two years ago. The stock now trades at 12x 2020 earnings (Seagate’s fiscal year ends in June), with 2020 earnings-per-share coming in at $3.83. Does this make the stock cheap?…

Source: Forbes – Markets
Date: August 28, 2020, 21:56