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Western Digital (WDC)

(Real Time Quote from BATS)

$71.62 USD

71.62
11,005,946

+2.18 (3.14%)

Updated Apr 26, 2024 03:38 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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D Value C Growth A Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 11% (27 out of 252)

Industry: Computer- Storage Devices

Better trading starts here.

Company Summary

Western Digital Corporation, headquartered in San Jose, CA, is a leading developer and manufacturer of data storage devices and solutions based on NAND flash and hard disk drive technologies. It provides broad range of HDD and Flash storage solutions used in desktop PCs, servers, network-attached storage devices, video game consoles, digital video recorders and a host of other consumer electronic devices.

The acquisition of SanDisk (2016) enabled the company to venture into the flash drive storage technology space. The company also has a huge patent portfolio with 13,000 active patents globally.

...

General Information

Western Digital Corporation

5601 GREAT OAKS PARKWAY

SAN JOSE, CA 95119

Phone: 408-717-6000

Fax: 949-672-5408

Web: http://www.westerndigital.com

Email: investor@wdc.com

Industry Computer- Storage Devices
Sector Computer and Technology
Fiscal Year End June
Last Reported Quarter 3/31/2024
Exp Earnings Date

This is an estimated date of earnings release. Neither Zacks Investment Research, Inc. nor its Information Providers can guarantee the accuracy, completeness, timeliness, or correct sequencing of any of the Information on the Web site, including, but not limited to Information originated by Zacks Investment Research, Inc, licensed by Zacks Investment Research, Inc. from Information Providers, or gathered by Zacks Investment Research, Inc. from publicly available sources. There may be delays, omissions, or inaccuracies in the Information.

7/29/2024

EPS Information

Current Quarter EPS Consensus Estimate 0.83
Current Year EPS Consensus Estimate -1.38
Estimated Long-Term EPS Growth Rate NA
Exp Earnings Date

This is an estimated date of earnings release. Neither Zacks Investment Research, Inc. nor its Information Providers can guarantee the accuracy, completeness, timeliness, or correct sequencing of any of the Information on the Web site, including, but not limited to Information originated by Zacks Investment Research, Inc, licensed by Zacks Investment Research, Inc. from Information Providers, or gathered by Zacks Investment Research, Inc. from publicly available sources. There may be delays, omissions, or inaccuracies in the Information.

7/29/2024

Price and Volume Information

Zacks Rank Premium
Yesterday's Close 69.44
52 Week High 76.92
52 Week Low 32.01
Beta 1.57
20 Day Moving Average 7,070,411.00
Target Price Consensus 85.36

WDC

% Price Change
4 Week 1.76
12 Week 20.98
YTD 32.60
% Price Change Relative to S&P 500
4 Week 5.91
12 Week 17.57
YTD 25.28
Share Information
Shares Outstanding (millions) 325.86
Market Capitalization (millions) 22,627.70
Short Ratio NA
Last Split Date 6/4/1997
Dividend Information
Dividend Yield 0.00%
Annual Dividend $0.00
Payout Ratio NA
Change in Payout Ratio NA
Last Dividend Payout / Amount NA / $0.00

Fundamental Ratios

P/E
P/E (F1) NA
Trailing 12 Months NA
PEG Ratio NA
EPS Growth
vs. Previous Year -31.88%
vs. Previous Quarter 53.81%
   
Sales Growth
vs. Previous Year -2.41%
vs. Previous Quarter 10.25%
   
Price Ratios
Price/Book 2.25
Price/Cash Flow NA
Price / Sales 1.90
ROE
3/31/24 NA
12/31/23 -19.45
9/30/23 -18.01
ROA
3/31/24 NA
12/31/23 -8.46
9/30/23 -8.16
Current Ratio
3/31/24 NA
12/31/23 1.67
9/30/23 1.31
Quick Ratio
3/31/24 NA
12/31/23 0.98
9/30/23 0.70
Operating Margin
3/31/24 NA
12/31/23 -18.42
9/30/23 -17.75
Net Margin
3/31/24 NA
12/31/23 -19.90
9/30/23 -21.34
Pre-Tax Margin
3/31/24 NA
12/31/23 -19.58
9/30/23 -20.53
Book Value
3/31/24 NA
12/31/23 30.90
9/30/23 31.20
Inventory Turnover
3/31/24 NA
12/31/23 2.86
9/30/23 2.76
Debt-to-Equity
3/31/24 NA
12/31/23 0.73
9/30/23 0.58
Debt to Capital
3/31/24 NA
12/31/23 44.97
9/30/23 39.84