Western Digital (WDC)
(Delayed Data from NSDQ)
$66.75 USD
+0.78 (1.18%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $66.75 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
B Value B Growth F Momentum B VGM
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.
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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.
The company markets its products and solutions through its sales personnel, dealers, distributors, retailers, and subsidiaries.
Western Digital reported revenues of $3.76 billion in the fiscal fourth quarter of 2024. The company reports revenues under Flash and HDD business segments. For the fiscal fourth quarter, Flash comprised 46.8% of total revenues while HDD comprised 53.2%.
At the beginning of first-quarter fiscal 2022, Western Digital started reporting revenues under three refined end markets — Cloud (includes products for public or private cloud), Client (includes products sold directly to OEMs or through distribution) and Consumer (includes retail and other end-user products).
Revenues from the Cloud end market comprised 50% of total revenues for the fourth quarter of fiscal 2024. Revenues from the Client end market and the Consumer end market were 32% and 18% of total revenues, respectively.
Western Digital mainly competes with companies like Intel, Micron, Samsung Electronics Co. Ltd., Seagate Technology and Toshiba Corporation.
In October 2023, Western Digital announced the separation of the company's HDD and Flash businesses. This strategic move is aimed at establishing two independent, publicly traded companies, each with a specific focus on its respective market. The company envisions this separation as a tax-free process and aims to execute it during the second half of 2024. Management is working toward completing the separation by the second half of 2024.
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 | 6/30/2024 |
Exp Earnings Date | 11/4/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 1.72 |
Current Year EPS Consensus Estimate | 8.35 |
Estimated Long-Term EPS Growth Rate | NA |
Exp Earnings Date | 11/4/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 65.97 |
52 Week High | 81.55 |
52 Week Low | 35.62 |
Beta | 1.39 |
20 Day Moving Average | 4,019,226.50 |
Target Price Consensus | 89.22 |
4 Week | 4.23 |
12 Week | -12.88 |
YTD | 27.46 |
4 Week | 1.82 |
12 Week | -16.24 |
YTD | 5.16 |
Shares Outstanding (millions) | 343.45 |
Market Capitalization (millions) | 22,925.42 |
Short Ratio | NA |
Last Split Date | 6/4/1997 |
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 (F1) | 7.99 |
Trailing 12 Months | NA |
PEG Ratio | NA |
vs. Previous Year | 157.87% |
vs. Previous Quarter | 197.62% |
vs. Previous Year | 40.87% |
vs. Previous Quarter | 8.88% |
Price/Book | 2.01 |
Price/Cash Flow | 77.56 |
Price / Sales | 1.76 |
6/30/24 | -2.63 |
3/31/24 | -13.71 |
12/31/23 | -19.39 |
6/30/24 | -1.12 |
3/31/24 | -5.85 |
12/31/23 | -8.45 |
6/30/24 | 1.32 |
3/31/24 | 1.86 |
12/31/23 | 1.67 |
6/30/24 | 0.78 |
3/31/24 | 1.07 |
12/31/23 | 0.98 |
6/30/24 | -2.08 |
3/31/24 | -11.87 |
12/31/23 | -18.42 |
6/30/24 | -3.75 |
3/31/24 | -12.87 |
12/31/23 | -19.90 |
6/30/24 | -5.08 |
3/31/24 | -12.49 |
12/31/23 | -19.49 |
6/30/24 | 33.13 |
3/31/24 | 31.00 |
12/31/23 | 30.90 |
6/30/24 | 3.03 |
3/31/24 | 3.00 |
12/31/23 | 2.86 |
6/30/24 | 0.53 |
3/31/24 | 0.72 |
12/31/23 | 0.73 |
6/30/24 | 35.34 |
3/31/24 | 44.74 |
12/31/23 | 44.97 |