stoxline Quote Chart Rank Option Currency Glossary
  
Western Digital Corporation (WDC)
70.67  0.24 (0.34%)    04-16 14:10
Open: 69.99
High: 70.84
Volume: 2,501,131
  
Pre. Close: 70.43
Low: 69.19
Market Cap: 23,050(M)
Technical analysis
2024-04-16 1:54:42 PM
Short term     
Mid term     
Targets 6-month :  89.84 1-year :  104.93
Resists First :  76.91 Second :  89.84
Pivot price 70.91
Supports First :  65.51 Second :  58.47
MAs MA(5) :  71.81 MA(20) :  68.84
MA(100) :  57.25 MA(250) :  47.28
MACD MACD :  2.7 Signal :  3
%K %D K(14,3) :  53.7 D(3) :  63.8
RSI RSI(14): 58.4
52-week High :  76.91 Low :  31.96
Price, MAs 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 above bottom band by 44.0%. Bollinger Bands are 8.4% narrower than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 73.49 - 73.91 73.91 - 74.36
Low: 68.92 - 69.37 69.37 - 69.86
Close: 69.58 - 70.36 70.36 - 71.22
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

Tue, 16 Apr 2024
Western Digital: Upside Is Just Beginning - Initiating With Buy (NASDAQ:WDC) - Seeking Alpha

Tue, 16 Apr 2024
Western Digital (NASDAQ:WDC) Given New $80.00 Price Target at UBS Group - Defense World

Mon, 15 Apr 2024
Western Digital Corp. stock underperforms Monday when compared to competitors - MarketWatch

Mon, 15 Apr 2024
UBS Group Boosts Western Digital (NASDAQ:WDC) Price Target to $80.00 - MarketBeat

Mon, 15 Apr 2024
This Analyst With 86% Accuracy Rate Sees Around 32% Upside In Western Digital - Here Are 5 Stock Picks For Last ... - Markets Insider

Mon, 15 Apr 2024
Investors Heavily Search Western Digital Corporation (WDC): Here is What You Need to Know - Yahoo Finance

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Underperform
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Underperform
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Underperform
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Underperform
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Underperform
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Outperform
Stock Basics & Statistics
Exchange:
NASDAQ
Sector:
Technology
Industry:
Computer Hardware
Shares Out 326 (M)
Shares Float 324 (M)
Held by Insiders 0.3 (%)
Held by Institutions 95.2 (%)
Shares Short 16,030 (K)
Shares Short P.Month 18,740 (K)
Stock Financials
EPS -7.27
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 30.87
Profit Margin -20.3 %
Operating Margin 15.3 %
Return on Assets (ttm) -4.5 %
Return on Equity (ttm) -19.8 %
Qtrly Rev. Growth 0 %
Gross Profit (p.s.) 0
Sales Per Share 34.48
EBITDA (p.s.) -3.25
Qtrly Earnings Growth 0 %
Operating Cash Flow -1,170 (M)
Levered Free Cash Flow -391 (M)
Stock Valuations
PE Ratio -9.71
PEG Ratio 1.8
Price to Book value 2.28
Price to Sales 2.04
Price to Cash Flow -19.66
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

StockChart iOS

StoxlineLite iOS

StoxlineLite iOS

OptionCalc iOS

StockChart Android

StoxlineLite Android

StoxlinePro Android

OptionCalc Android