Seagate: A $30 Stock?
- Friday, August 28, 2020, 7:29
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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?…
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