Western Digital Corp. (WDC): Price and Financial Metrics

Western Digital Corp. (WDC): $57.12

0.82 (-1.42%)

POWR Rating

Component Grades

Momentum

B

Stability

D

Sentiment

Quality

C

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Industry: Technology - Hardware

Industry

A

Ranked

#32 of 36

in industry

WDC Price/Volume Stats

Current price $57.12 52-week high $60.55
Prev. close $57.94 52-week low $31.97
Day low $57.02 Volume 7,468,400
Day high $57.98 Avg. volume 7,614,418
50-day MA $52.47 Dividend yield N/A
200-day MA $43.86 Market Cap 18.39B

WDC Stock Price Chart Interactive Chart >

WDC POWR Grades

  • WDC scores best on the Momentum dimension, with a Momentum rank ahead of 96.1% of US stocks.
  • WDC's strongest trending metric is Growth; it's been moving up over the last 26 weeks.
  • WDC's current lowest rank is in the Sentiment metric (where it is better than 12.38% of US stocks).

WDC Stock Summary

  • WESTERN DIGITAL CORP's stock had its IPO on January 2, 1987, making it an older stock than 92.18% of US equities in our set.
  • In terms of twelve month growth in earnings before interest and taxes, WESTERN DIGITAL CORP is reporting a growth rate of -210.4%; that's higher than merely 6.21% of US stocks.
  • Revenue growth over the past 12 months for WESTERN DIGITAL CORP comes in at -35.16%, a number that bests merely 7.8% of the US stocks we're tracking.
  • Stocks that are quantitatively similar to WDC, based on their financial statements, market capitalization, and price volatility, are BPMC, SPCE, INO, SWKS, and SRZN.
  • Visit WDC's SEC page to see the company's official filings. To visit the company's web site, go to www.westerndigital.com.

WDC Valuation Summary

  • In comparison to the median Technology stock, WDC's price/sales ratio is 48.15% lower, now standing at 1.4.
  • Over the past 243 months, WDC's price/earnings ratio has gone down 19.7.

Below are key valuation metrics over time for WDC.

Stock Date P/S P/B P/E EV/EBIT
WDC 2023-12-08 1.4 1.5 -6.3 -10.7
WDC 2023-12-07 1.4 1.5 -6.2 -10.6
WDC 2023-12-06 1.3 1.5 -6.2 -10.5
WDC 2023-12-05 1.3 1.5 -6.2 -10.5
WDC 2023-12-04 1.4 1.5 -6.3 -10.6
WDC 2023-12-01 1.4 1.6 -6.4 -10.7

WDC Growth Metrics

    The 5 year cash and equivalents growth rate now stands at -47.93%.
  • The 3 year price growth rate now stands at 33.15%.
  • The year over year net income to common stockholders growth rate now stands at 424.78%.
WDC's revenue has moved down $331,000,000 over the prior 34 months.

The table below shows WDC's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-12-31 15,752 734 -93
2022-09-30 17,478 1,365 917
2022-06-30 18,793 1,880 1,500
2022-03-31 19,185 2,579 1,821
2021-12-31 18,941 2,297 1,993
2021-09-30 18,051 2,056 1,491

WDC's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • WDC has a Quality Grade of C, ranking ahead of 60.29% of graded US stocks.
  • WDC's asset turnover comes in at 0.66 -- ranking 44th of 83 Computers stocks.
  • BRQS, LTRX, and CSCO are the stocks whose asset turnover ratios are most correlated with WDC.

The table below shows WDC's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-07-02 0.660 0.267 0.076
2021-04-02 0.639 0.248 0.051
2021-01-01 0.639 0.242 0.040
2020-10-02 0.649 0.236 0.034
2020-07-03 0.648 0.226 0.022
2020-04-03 0.618 0.197 -0.015

WDC Price Target

For more insight on analysts targets of WDC, see our WDC price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $93.39 Average Broker Recommendation 1.6 (Moderate Buy)

Western Digital Corp. (WDC) Company Bio


Western Digital Corporation (WDC, commonly known as Western Digital or WD) is an American computer hard disk drive manufacturer and data storage company, headquartered in San Jose, California. It designs, manufactures and sells data technology products, including storage devices, data center systems and cloud storage services. (Source:Wikipedia)


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Latest WDC News From Around the Web

Below are the latest news stories about WESTERN DIGITAL CORP that investors may wish to consider to help them evaluate WDC as an investment opportunity.

Institutional investors are Western Digital Corporation's (NASDAQ:WDC) biggest bettors and were rewarded after last week's US$1.2b market cap gain

Key Insights Given the large stake in the stock by institutions, Western Digital's stock price might be vulnerable to...

Yahoo | December 14, 2023

The 7 Best S&P 500 Stocks to Buy in December

These seven relatively-smaller components of the famed index are the best S&P 500 stocks to buy in December 2023

Thomas Niel on InvestorPlace | December 7, 2023

Why Is Teradata (TDC) Up 4.3% Since Last Earnings Report?

Teradata (TDC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Yahoo | December 6, 2023

Why Is Western Digital (WDC) Up 16.8% Since Last Earnings Report?

Western Digital (WDC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Yahoo | November 29, 2023

4 Storage Devices Stocks to Watch for in a Troubled Industry

Amid macroeconomic headwinds and spending cutbacks, momentum in cloud computing, IoT, auto, connected devices, VR and AI will likely favor the prospects of the Zacks Computer - Storage Devices industry players like NTAP, WDC, PSTG and TDC.

Yahoo | November 23, 2023

Read More 'WDC' Stories Here

WDC Price Returns

1-mo 15.56%
3-mo 26.93%
6-mo 36.39%
1-year 33.65%
3-year -8.05%
5-year 28.85%
YTD 9.07%
2023 65.99%
2022 -51.62%
2021 17.73%
2020 -10.89%
2019 77.14%

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