WDC

Western Digital Corporation [WDC] Stock Forecast

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In the News

05:49 07 Dec 2022 WDC

Western Digital Corporation (WDC) UBS Global TMT Conference Transcript

Western Digital Corporation (NASDAQ:WDC ) UBS Global TMT Conference December 6, 2022 2:10 PM ET Company Participants T. Peter Andrew – Vice President, Investor Relations Siva Sivaram – President, Technology and Strategy Conference Call Participants Timothy Arcuri – UBS Securities, LLC Timothy Arcuri Very happy for our next session.

03:11 07 Dec 2022 WDC

Western Digital Corporation (WDC) Management Presents at Arete Tech Conference (Transcript)

Western Digital Corporation (NASDAQ:WDC ) Arete Tech Conference December 5, 2022 10:10 AM ET Company Participants Dr. Siva Sivaram - President, Technology and Strategy Gabriel Ho - Director of Investor Relations Conference Call Participants Nam Hyung Kim - Arete Research Nam Hyung Kim Hi, good morning. Also good afternoon for those who joined from Europe.

12:03 07 Dec 2022 WDC

This is the Best Tech Stock to Own in December

The Federal Reserve's interest rate hike campaign, in conjuction with layoffs from mega firms such as Meta Platforms (META) and Amazon.com (AMZN), have put the tech sector in focus of late.

09:02 07 Dec 2022 WDC

4 Toxic Stocks More So Hazardous Amid Volatile Times

Just like identifying stocks with growth potential, pinpointing toxic stocks and offloading them at the right time is crucial to guard one's portfolio from big losses. EBS, WDC, TWKS and DZSI are a few such toxic stocks.

09:47 07 Dec 2022 WDC

Western Digital Corporation (WDC) Credit Suisse 26th Annual Technology Conference (Transcript)

Western Digital Corporation (NASDAQ:WDC ) Credit Suisse 26th Annual Technology Conference November 29, 2022 11:35 AM ET Company Participants David Goeckeler - Chief Executive Officer Wissam Jabre - Chief Financial Officer Conference Call Participants Shannon Cross - Credit Suisse Shannon Cross Good morning, everyone, thank you for joining us. My name is Shannon Cross and I am the IT Hardware Analyst here at Credit Suisse.

09:26 07 Dec 2022 WDC

Western Digital Corporation (WDC) Presents at Wells Fargo 6th Annual TMT Summit (Transcript)

Western Digital Corporation (NASDAQ:WDC ) Wells Fargo 6th Annual TMT Summit November 29, 2022 4:50 PM ET Company Participants Peter Andrew - Vice President, Investor Relations Robert Soderbery - Executive Vice President and General Manager, Flash Business Conference Call Participants Aaron Rakers - Wells Fargo Aaron Rakers Perfect. So Rob, why don't we start -- I got to start with Peter.

10:00 07 Dec 2022 WDC

Western Digital Stock Set For Bounce After Weak Post-Earnings Performance?

Western Digital Corp stock (NASDAQ: WDC) is down 8.2% in the past week (five trading days), performing much worse than the S&P 500, which was up 0.4% over this period.

05:00 07 Dec 2022 WDC

Western Digital to Participate in Upcoming Investor Conferences

SAN JOSE, Calif.

03:03 07 Dec 2022 WDC

Western Digital (WDC) Q1 Earnings Miss Estimates, Revenues Beat

Western Digital (WDC) fiscal first-quarter top line was affected by weakness in all segments' performance.

11:55 07 Dec 2022 WDC

Western Digital Corporation (WDC) Q1 2023 Earnings Call Transcript

Western Digital Corporation (NASDAQ:WDC ) Q1 2023 Earnings Conference Call October 27, 2022 8:30 AM ET Company Participants Peter Andrew – Investor Relations David Goeckeler – Chief Executive Officer Wissam Jabre – Chief Financial Officer Conference Call Participants Aaron Rakers – Wells Fargo C.J. Muse – Evercore Joe Moore – Morgan Stanley Toshiya Hari – Goldman Sachs Timothy Arcuri – UBS Shannon Cross – Credit Suisse Krish Sankar – Cowen & Company Mehdi Hosseini – SIG Harlan Sur – JPMorgan Tom O'Malley – Barclays Jim Suva – Citigroup Sidney Ho – Deutsche Bank Ananda Baruah – Loop Capital Karl Ackerman – BNP Paribas Mark Miller – Benchmark Company Operator Good day, and welcome to the Western Digital First Quarter Fiscal 2023 Earnings Conference Call.

WDC Financial details

Company Rating
Buy
Market Cap
11.26B
Income
917M
Revenue
17.48B
Book val./share
38.31
Cash/share
6.48
Dividend
-
Dividend %
-
Employees
65K
Optionable
Yes
Shortable
Yes
Earnings
25 Jan 2023
P/E
7.13
Forward P/E
3.78
PEG
7.67
P/S
0.61
P/B
0.88
P/C
5.21
P/FCF
63
Quick Ratio
0.9
Current Ratio
1.83
Debt / Equity
0.58
LT Debt / Equity
0.58
-
-
EPS (TTM)
2.94
EPS next Y
8.95
EPS next Q
2.48
EPS this Y
78.81%
EPS next Y
204.42%
EPS next 5Y
204.42%
EPS last 5Y
16.2%
Revenue last 5Y
-1.86%
Revenue Q/Q
-17.49%
EPS Q/Q
-90.63%
-
-
-
-
SMA20
-
SMA50
2.94%
SMA100
-25.53%
Inst Own
86.07%
Inst Trans
2.47%
ROA
4%
ROE
8%
ROC
0.09%
Gross Margin
30%
Oper. Margin
10%
Profit Margin
5%
Payout
-
Shs Outstand
317.65M
Shs Float
316.26M
-
-
-
-
Target Price
65.44
52W Range
31.56-69.36
52W High
-51.03%
52W Low
+9%
RSI
41
Rel Volume
0.41
Avg Volume
4.92M
Volume
2.03M
Perf Week
-6.22%
Perf Month
-4.22%
Perf Quarter
-27.1%
Perf Half Y
-43.42%
-
-
-
-
Beta
1.52956
-
-
Volatility
1.06%, 1.63%
Prev Close
-0.3%
Price
33.79
Change
-2.65%

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
21.13B16.5B12.84B19.8B15.32B
Enterprise value
27.29B23.57B19.37B25.16B20.01B
P/E ratio
31.3-21.88-51.3824.1210.21
Price to sales ratio
1.0210.771.170.82
POCF ratio
5.0210.6615.5910.438.15
PFCF ratio
6.2724.5972.5626.3319.82
P/B Ratio
1.831.661.341.851.25
PTB ratio
1.831.661.341.851.25
EV to sales
1.321.421.161.491.06
Enterprise value over EBITDA
5.6711.8217.0110.216.03
EV to operating cash flow
6.4915.2323.5113.2610.65
EV to free cash flow
8.135.12109.4433.4625.89
Earnings yield
0.03-0.05-0.020.040.1
Free cash flow yield
0.160.040.010.040.05
Debt to equity
0.951.030.970.790.57
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
0.1500.020.060.11
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
2.23B1.73B2.32B2.26B2.53B
Average payables
2.43B2.12B2.34B2.33B2.12B
Average inventory
3.28B3.45B3.34B3.62B3.63B
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 2022-09-30 for Q1

Metric History 2021-10-012021-12-312022-04-012022-07-01 2022-09-30
Revenue per share
16.2915.491414.4211.82
Net income per share
1.971.810.080.960.09
Operating cash flow per share
1.682.131.270.940.02
Free cash flow per share
0.891.150.340.05-0.99
Cash per share
10.618.1187.416.48
Book value per share
36.6538.5238.2938.9238.31
Tangible book value per share
35.35.346.266
Share holders equity per share
36.6538.5238.2938.9238.31
Interest debt per share
27.7423.6723.1222.5322.6
Market cap
17.7B20.35B15.15B13.63B10.29B
Enterprise value
22.93B25.12B19.8B18.33B15.31B
P/E ratio
7.259.02151.4611.3295.24
Price to sales ratio
3.54.213.463.012.75
POCF ratio
33.9730.5538.0646.221.71K
PFCF ratio
64.1256.52141.55801.99-32.76
P/B Ratio
1.561.691.261.120.85
PTB ratio
1.561.691.261.120.85
EV to sales
4.545.24.524.054.1
Enterprise value over EBITDA
22.2226.0635.8123.4138.85
EV to operating cash flow
44.0137.7249.7662.132.55K
EV to free cash flow
83.0869.78185.081.08K-48.75
Earnings yield
0.030.0300.020
Free cash flow yield
0.020.020.010-0.03
Debt to equity
0.730.590.590.570.58
Debt to assets
0.570.540.530.530.53
Net debt to EBITDA
5.074.968.42612.75
Current ratio
2.091.932.092.071.83
Interest coverage
9.979.574.3211.022.26
Income quality
0.851.1815.920.980.22
Dividend Yield
00000
Payout ratio
00000
Sales general and administrative to revenue
00000
Research and developement to revenue
0.110.120.130.130.15
Intangibles to total assets
0.40.40.40.390.4
Capex to operating cash flow
-0.47-0.46-0.73-0.94-53.33
Capex to revenue
-0.05-0.06-0.07-0.06-0.09
Capex to depreciation
-0.98-1.26-1.35-1.26-1.48
Stock based compensation to revenue
0.020.020.020.020.02
Graham number
40.2839.588.328.978.58
ROIC
0.040.030.020.030.01
Return on tangible assets
0.040.0400.020
Graham Net
-26.24-24.34-24.33-24.81-24.63
Working capital
5.15B4.61B4.78B4.9B4.11B
Tangible asset value
931M1.65B1.67B1.97B1.9B
Net current asset value
-5.17B-4.47B-4.54B-4.59B-4.51B
Invested capital
0.750.610.60.570.58
Average receivables
2.63B2.77B2.58B2.8B2.61B
Average payables
2.09B2.16B2.07B1.9B1.94B
Average inventory
3.59B3.64B3.65B3.64B3.75B
Days sales outstanding
43.5851.0848.3455.7358.35
Days payables outstanding
60.4466.7762.7855.5264.72
Days of inventory on hand
94.2100.99102.97106.2126.16
Receivables turnover
2.071.761.861.611.54
Payables turnover
1.491.351.431.621.39
Inventory turnover
0.960.890.870.850.71
ROE
0.050.0500.020
Capex per share
-0.79-0.98-0.93-0.89-1.01

WDC Frequently Asked Questions

What is Western Digital Corporation stock symbol ?

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

Is Western Digital Corporation buy or a sell ?

31 stock analysts have 31 predictions with a medium analyst target price of $66.94. The lowest prediction is $35 and the highest is $101

What is WDC stock prediction ?

With a median analyst target price of $47.6, 5 stock analysts have made 5 forecasts in last 90 days. $35 is the lowest and $75 is the greatest projection.

What is Western Digital Corporation stock quote today ?

Western Digital Corporation stock price is $33.79 today.

Is Western Digital Corporation stock public?

Yes, Western Digital Corporation is a publicly traded company.

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