4. As of noon trading, Seagate Technology ( STX) is down $1.22 (-2.4%) to $49.87 on average volume. Thus far, 2.2 million shares of Seagate Technology exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $49.30-$51.50 after having opened the day at $51.18 as compared to the previous trading day's close of $51.09.

Seagate Technology Public Limited Company designs, manufactures, and sells electronic data storage products. Seagate Technology has a market cap of $17.4 billion and is part of the computer hardware industry. The company has a P/E ratio of 11.8, below the S&P 500 P/E ratio of 17.7. Shares are down 5.9% year-to-date as of the close of trading on Monday. Currently there are 6 analysts that rate Seagate Technology a buy, 1 analyst rates it a sell, and 11 rate it a hold.

TheStreet Ratings rates Seagate Technology as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Seagate Technology Ratings Report now.

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