Stoxline.com

Stock Symbol:   

Stoxline Mobile
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Western Digital Corporation (WDC)

44.26   -0.36 (-0.81%) 09-26 15:19
Open: 44.24 Pre. Close: 44.62
High: 44.93 Low: 43.74
Volume: 2,351,784 Market Cap: 14,247(M)

Technical analysis

as of: 2023-09-26 2:53:11 PM
Short-term rate:       
Stoxline posted a SELL today, same as yesterday. Downward movement continues.
Mid-term rate:       
Target: Six months: 54.76     One year: 63.96
Support: Support1: 41.91    Support2: 38.84
Resistance: Resistance1: 46.88    Resistance2: 54.76
Pivot: 43.98
Moving Average: MA(5): 44.82     MA(20): 44.02
MA(100): 40.06     MA(250): 37.91
MACD: MACD(12,26): 0.7     Signal(9): 0.7
Stochastic oscillator: %K(14,3): 52.6     %D(3): 56.1
RSI: RSI(14): 55
52-week: High: 46.88  Low: 29.72
Average Vol(K): 3-Month: 3,361 (K)  10-Days: 3,753 (K)

Price, moving averages and Bollinger Bands

Price has closed below its short-term moving average. Short-term moving average is currently above mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is NEUTRAL in short-term; and BULLISH in mid-long term.
[ WDC ] has closed below upper band by 42.1%. Bollinger Bands are 29.3% narrower than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.

Stock Price Prediction

Update at 5:00pm EST
If tomorrow: Open lower Open higher
High: 45.24 - 45.46 45.46 - 45.65
Low: 43.86 - 44.1 44.1 - 44.3
Close: 44.27 - 44.64 44.64 - 44.96

Company Description

Western Digital Corporation develops, manufactures, and sells data storage devices and solutions in the United States, China, Hong Kong, Europe, the Middle East, Africa, rest of Asia, and internationally. It offers client devices, including hard disk drives (HDDs) and solid state drives (SSDs) for computing devices, such as desktop and notebook personal computers (PCs), smart video systems, gaming consoles, and set top boxes; flash-based embedded storage products for mobile phones, tablets, notebook PCs, and other portable and wearable devices, as well as automotive, Internet of Things, industrial, and connected home applications; and flash-based memory wafers. The company also provides data center devices and solutions comprising enterprise helium hard drives; enterprise SSDs consisting of flash-based SSDs and software solutions for use in enterprise servers, online transactions, data analysis, and other enterprise applications; data center solutions for data storage systems and tiered storage models; and data storage platforms. In addition, it offers client solutions, such as external HDD storage products in mobile and desktop form; client portable SSDs; removable cards that are used in consumer devices comprising mobile phones, tablets, imaging systems, and cameras and smart video systems; universal serial bus flash drives for use in the computing and consumer markets; and wireless drive products used in-field back up of created content, as well as wireless streaming of high-definition movies, photos, music, and documents to tablets, smartphones, and PCs. The company sells its products under the G-Technology, SanDisk, and WD brands to original equipment manufacturers, distributors, dealers, resellers, and retailers. Western Digital Corporation was founded in 1970 and is headquartered in San Jose, California.

Headline News

Mon, 25 Sep 2023
Faraday Future Appoints Scott Graziano, Senior Legal Executive with Extensive U.S. Public Company Experience, as Global General Counsel - Yahoo Finance

Mon, 25 Sep 2023
Western Digital Corp. stock underperforms Monday when compared to competitors - MarketWatch

Mon, 25 Sep 2023
Where Does Wall Street Think Western Digital Corp (WDC) Stock Will Go? - InvestorsObserver

Mon, 25 Sep 2023
Western Digital Corp (WDC): A Deep Dive into Its Performance ... - GuruFocus.com

Mon, 25 Sep 2023
Wedge Capital Management L L P NC Boosts Stake in Western ... - MarketBeat

Wed, 20 Sep 2023
Kioxia's banks to refinance $13.5 billion loan for Western Digital ... - Reuters.com

Financial Analysis

Price to Book Value: Outperform
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Price to Earnings: Underperform
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Discounted cash flow: Outperform
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Return on Assets: Neutral
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Return on Equity: Neutral
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Debt to Equity: Outperform
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Free Technical Analysis Charts

Stock Basics & Statistics

Exchange:  NASDAQ
Sector:  Technology
Industry:  Computer Hardware
Shares Out. 322 (M)
Shares Float 320 (M)
% Held by Insiders 0.2 (%)
% Held by Institutions 88.5 (%)
Shares Short 7,410 (K)
Shares Short P.Month 6,060 (K)

Stock Financials

EPS -5.31
EPS Est Next Qtl 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 33.68
Profit Margin (%) -13.9
Operating Margin (%) -8.9
Return on Assets (ttm) -2.7
Return on Equity (ttm) -14.3
Qtrly Rev. Growth -41
Gross Profit (p.s.) 0
Sales Per Share 38.27
EBITDA (p.s.) -0.8
Qtrly Earnings Growth 0
Operating Cash Flow -408 (M)
Levered Free Cash Flow -331 (M)

Stock Valuations

PE Ratio -8.36
PEG Ratio 0.4
Price to Book value 1.31
Price to Sales 1.15
Price to Cash Flow -34.93

Stock Dividends

Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.
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