WDC

Western Digital Corporation [WDC] Stock Forecast

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In the News

04:15 25 Mar 2023 WDC

Western Digital Corporation (WDC) Presents at Morgan Stanley Technology, Media & Telecom Conference

Western Digital Corporation (NASDAQ:WDC ) Morgan Stanley Technology, Media & Telecom Conference March 7, 2023 11:35 AM ET Company Participants Dave Goeckeler - CEO Wissam Jabre - CFO Conference Call Participants Joe Moore - Semiconductor Industry Analyst Joe Moore Hi, everybody. I'm back. I'm Joe Moore from Morgan Stanley.

12:48 25 Mar 2023 WDC

Why Is Western Digital (WDC) Down 12% Since Last Earnings Report?

Western Digital (WDC) reported earnings 30 days ago. What's next for the stock?

07:07 25 Mar 2023 WDC

7 Overlooked Tech Stocks That Could Be the Next Big Thing

While the new year generally delivered a sense of optimism, it's important for investors not to ignore overlooked tech stocks to buy. Of course, the broader technology space inherently commands significant attention.

09:06 25 Mar 2023 WDC

Western Digital: A Total Reset In Progress

Western Digital is a multinational corporation that designs, produces, and distributes data storage products and services. With a weekly fluctuation rate of 6.8% compared to the industry's 7.2% during the last three months, the company's share price volatility has been comparatively lower than the industry's.

05:00 25 Mar 2023 WDC

Western Digital to Participate in Upcoming Investor Conference

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) today announced management participation in the upcoming investor conference: Event: Morgan Stanley Technology, Media & Telecom Conference Date: Tuesday, March 7, 2023 at 8:35 a.m. PT / 11:35 a.m. ET This management presentation will be available as a live webcast, accessible through Western Digital's Investor Relations website at investor.wdc.com.

08:30 25 Mar 2023 WDC

Western Digital, Micron, Seagate All Get Upgrades. A 'Cyclical Bottom' Is Forming.

Micron said late Thursday a board committee has approved plans to cut certain executives' salaries and suspended all executive bonuses in the fiscal year 2023.

03:38 25 Mar 2023 WDC

Top 2 stocks to buy and 2 to avoid: research company

Mill Street Research, an independent consulting and research company, released its weekly newsletter on Monday. The report includes buy ideas and sell ideas for the Russell 1000.

10:35 25 Mar 2023 WDC

Should You Still Buy the S&P 500's Best-Performing January Stocks?

The broad market soared last month -- here were the big winners.

01:32 25 Mar 2023 WDC

Western Digital (WDC) Reports Loss in Q2, Revenues Beat

Western Digital (WDC) fiscal second quarter top line was affected by challenging flash pricing environment.

12:50 25 Mar 2023 WDC

Western Digital stock drops despite receiving $900 million boost from Elliott, Apollo Management

Yahoo Finance Live anchors Brad Smith, Brian Sozzi, and Julie Hyman discuss the decline in stock for Western Digital. Apollo is the parent company of Yahoo Finance.

WDC Financial details

Company Rating
Buy
Market Cap
11.2B
Income
-93M
Revenue
15.75B
Book val./share
38.1
Cash/share
5.88
Dividend
-
Dividend %
-
Employees
65K
Optionable
Yes
Shortable
Yes
Earnings
26 Apr 2023
P/E
-120.6
Forward P/E
-
PEG
10.96
P/S
0.71
P/B
0.93
P/C
5.99
P/FCF
-27.27
Quick Ratio
0.86
Current Ratio
1.91
Debt / Equity
1.07
LT Debt / Equity
0.58
-
-
EPS (TTM)
-0.27
EPS next Y
-
EPS next Q
0.59
EPS this Y
78.81%
EPS next Y
-
EPS next 5Y
-3414.81%
EPS last 5Y
16.2%
Revenue last 5Y
-1.86%
Revenue Q/Q
-16.84%
EPS Q/Q
-1655.56%
-
-
-
-
SMA20
-12.5%
SMA50
-2.78%
SMA100
-
Inst Own
86.71%
Inst Trans
0.54%
ROA
-
ROE
-1%
ROC
0.04%
Gross Margin
26%
Oper. Margin
5%
Profit Margin
-1%
Payout
-
Shs Outstand
319.33M
Shs Float
317.69M
-
-
-
-
Target Price
64.83
52W Range
29.73-63.26
52W High
-44.07%
52W Low
+21.5%
RSI
39
Rel Volume
0.33
Avg Volume
4.65M
Volume
1.53M
Perf Week
-0.3%
Perf Month
-18.08%
Perf Quarter
3.48%
Perf Half Y
-0.86%
-
-
-
-
Beta
1.6745
-
-
Volatility
0.22%, 2.78%
Prev Close
-0.1%
Price
35.235
Change
0.9%

WDC Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-07-01

Metric History 2018-06-292019-06-282020-07-032021-07-02 2022-07-01
Revenue per share
69.5256.7456.1655.4860.23
Net income per share
2.27-2.58-0.842.694.81
Operating cash flow per share
14.165.32.776.226.03
Free cash flow per share
11.352.30.592.472.48
Cash per share
16.8511.8310.2311.057.46
Book value per share
38.8234.1332.0535.1539.17
Tangible book value per share
-4.12-6.23-4.890.76.3
Share holders equity per share
38.8234.1332.0535.1539.17
Interest debt per share
39.8937.6430.8529.6823.37
Market cap
22.99B13.88B12.65B21.41B13.55B
Enterprise value
29.16B20.95B19.17B26.77B18.24B
P/E ratio
34.06-18.41-50.5926.089.03
Price to sales ratio
1.110.840.761.270.72
POCF ratio
5.478.9815.3511.287.21
PFCF ratio
6.8220.6971.4528.4817.53
P/B Ratio
1.991.391.3221.11
PTB ratio
1.991.391.3221.11
EV to sales
1.411.261.151.580.97
Enterprise value over EBITDA
6.0510.5116.8310.865.49
EV to operating cash flow
6.9313.5423.2714.19.7
EV to free cash flow
8.6531.22108.3335.623.6
Earnings yield
0.03-0.05-0.020.040.11
Free cash flow yield
0.150.050.010.040.06
Debt to equity
1.541.651.691.441.15
Debt to assets
0.610.620.630.590.53
Net debt to EBITDA
1.283.545.732.171.41
Current ratio
2.392.222.0521.81
Interest coverage
5.350.19-0.883.748.92
Income quality
6.23-2.05-3.32.311.25
Dividend Yield
0.030.040.0500
Payout ratio
0.88-0.77-2.3800
Sales general and administrative to revenue
0.070.080.0700
Research and developement to revenue
0.120.130.140.130.12
Intangibles to total assets
0.440.450.430.40.39
Capex to operating cash flow
-0.2-0.57-0.79-0.6-0.59
Capex to revenue
-0.04-0.05-0.04-0.07-0.06
Capex to depreciation
-0.41-0.48-0.41-0.95-1.19
Stock based compensation to revenue
0.020.020.020.020.02
Graham number
44.5644.5324.646.1465.09
ROIC
0.070.010.110.060.09
Return on tangible assets
0.04-0.05-0.020.050.09
Graham Net
-32.25-35.63-32.7-28-24.96
Working capital
6.18B4.66B4.64B4.89B4.22B
Tangible asset value
-1.22B-1.82B-1.46B213M1.97B
Net current asset value
-7.07B-7.93B-7.06B-5.65B-4.59B
Invested capital
0.971.0610.810.57
Average receivables
2.07B1.7B1.79B2.32B2.53B
Average payables
2.44B2.21B2.13B2.34B2.12B
Average inventory
2.64B3.11B3.18B3.34B3.63B
Days sales outstanding
38.8426.5251.8848.6854.46
Days payables outstanding
71.1854.6766.6268.6453.74
Days of inventory on hand
83.0394.5686.95106.43102.78
Receivables turnover
9.413.767.037.56.7
Payables turnover
5.136.685.485.326.79
Inventory turnover
4.43.864.23.433.55
ROE
0.06-0.08-0.030.080.12
Capex per share
-2.81-3-2.17-3.76-3.55

Quarterly Fundamentals Overview

Last date of statement is 2022-12-30 for Q2

Metric History 2021-12-312022-04-012022-07-012022-09-30 2022-12-30
Revenue per share
15.491414.4211.829.77
Net income per share
1.810.080.960.09-1.4
Operating cash flow per share
2.131.270.940.020.11
Free cash flow per share
1.150.340.05-0.99-0.7
Cash per share
8.1187.416.485.88
Book value per share
38.5238.2938.9238.3138.1
Tangible book value per share
5.35.346.2666.1
Share holders equity per share
38.5238.2938.9238.3138.1
Interest debt per share
23.6723.1222.5322.622.44
Market cap
20.35B15.15B13.63B10.29B10.03B
Enterprise value
25.12B19.8B18.33B15.31B15.23B
P/E ratio
9.02151.4611.3295.24-5.62
Price to sales ratio
4.213.463.012.753.23
POCF ratio
30.5538.0646.221.71K286.65
PFCF ratio
56.52141.55801.99-32.76-44.99
P/B Ratio
1.691.261.120.850.83
PTB ratio
1.691.261.120.850.83
EV to sales
5.24.524.054.14.9
Enterprise value over EBITDA
26.0635.8123.4141.37-142.36
EV to operating cash flow
37.7249.7662.132.55K435.23
EV to free cash flow
69.78185.081.08K-48.75-68.31
Earnings yield
0.0300.020-0.04
Free cash flow yield
0.020.010-0.03-0.02
Debt to equity
1.171.141.151.121.07
Debt to assets
0.540.530.530.530.52
Net debt to EBITDA
4.968.42613.57-48.6
Current ratio
1.932.092.071.831.91
Interest coverage
9.574.3211.022.26-3.83
Income quality
1.1815.920.980.22-0.08
Dividend Yield
00000
Payout ratio
00000
Sales general and administrative to revenue
00000
Research and developement to revenue
0.120.130.130.150.17
Intangibles to total assets
0.40.40.390.40.41
Capex to operating cash flow
-0.46-0.73-0.94-53.33-7.37
Capex to revenue
-0.06-0.07-0.06-0.09-0.08
Capex to depreciation
-1.26-1.35-1.26-1.48-1.21
Stock based compensation to revenue
0.020.020.020.020.03
Graham number
39.588.328.978.5834.67
ROIC
0.0300.020-0.01
Return on tangible assets
0.0400.020-0.03
Graham Net
-24.34-24.33-24.81-24.63-24.36
Working capital
4.61B4.78B4.9B4.11B4B
Tangible asset value
1.65B1.67B1.97B1.9B1.94B
Net current asset value
-4.47B-4.54B-4.59B-4.51B-4.55B
Invested capital
0.610.60.570.580.58
Average receivables
2.59B2.55B2.58B2.61B2.16B
Average payables
2.34B2.32B2.07B1.94B1.77B
Average inventory
3.6B3.65B3.65B3.75B3.82B
Days sales outstanding
51.0848.3455.7358.3555.18
Days payables outstanding
66.7762.7855.5264.7254.47
Days of inventory on hand
100.99102.97106.2126.16131.67
Receivables turnover
1.761.861.611.541.63
Payables turnover
1.351.431.621.391.65
Inventory turnover
0.890.870.850.710.68
ROE
0.0500.020-0.04
Capex per share
-0.98-0.93-0.89-1.01-0.81

WDC Frequently Asked Questions

What is Western Digital Corporation stock symbol ?

Western Digital Corporation is a US stock , located in San jose of Ca and trading under the symbol WDC

Is Western Digital Corporation buy or a sell ?

33 stock analysts have 33 predictions with a medium analyst target price of $65.64. The lowest prediction is $31 and the highest is $101

What is WDC stock prediction ?

With a median analyst target price of $60, 1 stock analysts have made 1 forecasts in last 90 days. $60 is the lowest and $60 is the greatest projection.

What is Western Digital Corporation stock quote today ?

Western Digital Corporation stock price is $35.235 today.

Is Western Digital Corporation stock public?

Yes, Western Digital Corporation is a publicly traded company.

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