STX Price Forecast Based on Dividend Discount Model

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding Seagate Technology plc, the dividend discount model StockNews created for the company implies a positive return of 84.75%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Seagate Technology plc are:

• As for its position relative to other Technology stocks that issue dividends, STX provides shareholders with a dividend yield greater than 91.18% such stocks.
• In comparison to other US listed dividend yielding stocks in the Technology sector, Seagate Technology plc's expected return of 84.75% is higher than 91.18% of its fellow sector mates.
• Compared to all dividend issuing stocks in our set, Seagate Technology plc bears a discount rate, according to our calculations, lower than 91.18% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
• The Seagate Technology plc's dividend growth rate is greater than only 20.74% of its fellow large-sized market cap stocks that issue dividends.

STX Dividends vs. Peers