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Western Digital Corp. (WDC)
:WDC
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WDC Stock Chart & Stats
Day’s Range― - ―
52-Week Range$51.75 - $81.55
Previous CloseN/A
Volume1.55M
Average Volume (3M)5.11M
Market Cap
$21.69B
Enterprise Value$31.06B
Total Cash (Recent Filing)$6.35B
Total Debt (Recent Filing)$12.92B
Price to Earnings (P/E)39.5
Beta2.03
Next Earnings
Jan 23, 2025EPS Estimate
1.83Last Dividend Ex-Date
Apr 02, 2020Dividend YieldN/A
Share Statistics
EPS (TTM)1.64
Shares Outstanding345,708,470
10 Day Avg. Volume4,846,722
30 Day Avg. Volume5,106,046
Standard Deviation0.13
R-Squared0.35
Alpha-0.00917
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.56
Price to Cash Flow (P/CF)164.30
P/FCF Ratio0.00
Enterprise Value/Market Cap1.43
Enterprise Value/Revenue2.16
Enterprise Value/Gross Profit10.55
Enterprise Value/Ebitda25.84
Forecast
1Y Price Target
$86.50Price Target Upside34.63% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
Western Digital News
Bulls Say, Bears Say
Bulls Say
Business Spin-offThe spin-off of the NAND business is expected to create significant value, estimated between $5-10 billion of Enterprise Value.
Industry ChangesUpcoming analyst days are anticipated to be beneficial as they will discuss structural changes in the industry that could drive higher margins.
Market RecoveryManagement remains optimistic about a recovery in PCs and smartphone markets for flash.
Bears Say
Financial PerformanceWestern Digital's forecast for FY25 has been lowered due to soft NAND pricing.
Leadership ChangesSoderbery’s sudden departure could be viewed negatively by investors.
Market DynamicsWestern Digital has experienced a declining share in the NAND market over the past three quarters.
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Ownership Overview
0.41% Insiders
25.69% Mutual Funds
0.12% Other Institutional Investors
49.76% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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WDC FAQ
What was Western Digital Corp.’s price range in the past 12 months?
Western Digital Corp. lowest stock price was $51.75 and its highest was $81.55 in the past 12 months.
What is Western Digital Corp.’s market cap?
Western Digital Corp.’s market cap is $21.69B.
When is Western Digital Corp.’s upcoming earnings report date?
Western Digital Corp.’s upcoming earnings report date is Jan 23, 2025 which is in 5 days.
How were Western Digital Corp.’s earnings last quarter?
Western Digital Corp. released its earnings results on Oct 24, 2024. The company reported $1.78 earnings per share for the quarter, beating the consensus estimate of $1.713 by $0.067.
Is Western Digital Corp. overvalued?
According to Wall Street analysts Western Digital Corp.’s price is currently Undervalued.
Does Western Digital Corp. pay dividends?
Western Digital Corp. pays a Thriceyearly dividend of $0.5 which represents an annual dividend yield of N/A. See more information on Western Digital Corp. dividends here
What is Western Digital Corp.’s EPS estimate?
Western Digital Corp.’s EPS estimate is 1.83.
How many shares outstanding does Western Digital Corp. have?
Western Digital Corp. has 345,708,470 shares outstanding.
What happened to Western Digital Corp.’s price movement after its last earnings report?
Western Digital Corp. reported an EPS of $1.78 in its last earnings report, beating expectations of $1.713. Following the earnings report the stock price went up 4.72%.
Which hedge fund is a major shareholder of Western Digital Corp.?
Among the largest hedge funds holding Western Digital Corp.’s share is Slate Path Capital LP. It holds Western Digital Corp.’s shares valued at 438M.
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Western Digital Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$86.50 (34.63% Upside)
$86.50 (34.63% Upside)
Blogger Sentiment
Bullish
WDC Sentiment 70%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 3.7M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 2.9%
Last 30 Days ▼ 2.9%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
23.01%
12-Months-Change
Fundamentals
Return on Equity
5.64%
Trailing 12-Months
Asset Growth
3.21%
Trailing 12-Months
Company Description
Western Digital Corp.
Western Digital Corp. engages in the development, manufacture, market and sale of data storage devices and solutions. It operates through the following product categories: client devices, data center devices and solutions, and client solutions. The client devices category includes mobile, desktop, gaming and digital video hard drives, solid state drives (SSDs), embedded products, and wafers. The data center devices and solutions category covers capacity and performance enterprise hard disk drives (HDDs), enterprise SSDs, data center software, and system solutions. The client solutions category offers removable products, hard drive content solutions, and flash content solutions. The company was founded by Alvin B. Phillips in 1970 and is headquartered in San Jose, CA.
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WDC Company Deck
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WDC Earnings Call
Q1 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
Western Digital reported strong revenue growth driven by cloud and enterprise SSD demand, with record performance in the HDD segment. However, challenges remain in the consumer market and PC segments, and operating expenses increased due to business separation efforts.Read More>---
WDC Revenue Breakdown
51.43% Flash
48.57% HDD
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WDC Stock 12 Month Forecast
Average Price Target
$86.50
▲(34.63% Upside)
Technical Analysis
Best Analysts Covering WDC
1 Year
1 Year Success Rate
16/32 ratings generated profit
1 Year Average Return
+8.25%
assigned a buy rating 3 months ago
Copying Tristan Gerra's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +8.25% per trade.
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