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Western Digital Corporation is a computer hardware business based in the US. Western Digital Corporation shares (WDC) are listed on the NASDAQ and all prices are listed in US Dollars. Western Digital Corporation employs 63,800 staff and has a trailing 12-month revenue of around USD$16.7 billion.
|Latest market close||USD$37.94|
|52-week range||USD$27.4 - USD$71.3|
|50-day moving average||USD$37.7234|
|200-day moving average||USD$40.7977|
|Wall St. target price||USD$51.68|
|Dividend yield||USD$2 (4.34%)|
|Earnings per share (TTM)||USD$-2.582|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-05)||-28.50%|
|1 month (2020-12-12)||N/A|
|3 months (2020-10-16)||37.94|
|6 months (2020-07-16)||-13.38%|
|1 year (2020-01-12)||N/A|
|2 years (2019-01-12)||N/A|
|3 years (2018-01-12)||83.12|
|5 years (2016-01-12)||52.36|
Valuing Western Digital Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Western Digital Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Western Digital Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.4335. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Western Digital Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Western Digital Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$1.9 billion.
The EBITDA is a measure of a Western Digital Corporation's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$16.7 billion|
|Operating margin TTM||2.2%|
|Gross profit TTM||USD$3.8 billion|
|Return on assets TTM||0.88%|
|Return on equity TTM||-2.56%|
|Market capitalisation||USD$12.6 billion|
TTM: trailing 12 months
There are currently 10.5 million Western Digital Corporation shares held short by investors – that's known as Western Digital Corporation's "short interest". This figure is 13% up from 9.3 million last month.
There are a few different ways that this level of interest in shorting Western Digital Corporation shares can be evaluated.
Western Digital Corporation's "short interest ratio" (SIR) is the quantity of Western Digital Corporation shares currently shorted divided by the average quantity of Western Digital Corporation shares traded daily (recently around 6.6 million). Western Digital Corporation's SIR currently stands at 1.59. In other words for every 100,000 Western Digital Corporation shares traded daily on the market, roughly 1590 shares are currently held short.
However Western Digital Corporation's short interest can also be evaluated against the total number of Western Digital Corporation shares, or, against the total number of tradable Western Digital Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Western Digital Corporation's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Western Digital Corporation shares in existence, roughly 30 shares are currently held short) or 0.0392% of the tradable shares (for every 100,000 tradable Western Digital Corporation shares, roughly 39 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Western Digital Corporation.
Find out more about how you can short Western Digital Corporation stock.
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Western Digital Corporation.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 15.25
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Western Digital Corporation's overall score of 15.25 (as at 10/01/2020) is excellent – landing it in it in the 7th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Western Digital Corporation is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 4.94/100
Western Digital Corporation's environmental score of 4.94 puts it squarely in the 4th percentile of companies rated in the same sector. This could suggest that Western Digital Corporation is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 4.09/100
Western Digital Corporation's social score of 4.09 puts it squarely in the 4th percentile of companies rated in the same sector. This could suggest that Western Digital Corporation is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 9.22/100
Western Digital Corporation's governance score puts it squarely in the 4th percentile of companies rated in the same sector. That could suggest that Western Digital Corporation is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Controversy score: 1/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Western Digital Corporation scored a 1 out of 5 for controversy – the highest score possible, reflecting that Western Digital Corporation has managed to keep its nose clean.
|Total ESG score||15.25|
|Total ESG percentile||6.84|
|Environmental score percentile||4|
|Social score percentile||4|
|Governance score percentile||4|
|Level of controversy||1|
Dividend payout ratio: 32.89% of net profits
Recently Western Digital Corporation has paid out, on average, around 32.89% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.34% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Western Digital Corporation shareholders could enjoy a 4.34% return on their shares, in the form of dividend payments. In Western Digital Corporation's case, that would currently equate to about $2 per share.
While Western Digital Corporation's payout ratio might seem fairly standard, it's worth remembering that Western Digital Corporation may be investing much of the rest of its net profits in future growth.
Western Digital Corporation's most recent dividend payout was on 17 April 2020. The latest dividend was paid out to all shareholders who bought their shares by 2 April 2020 (the "ex-dividend date").
Western Digital Corporation's shares were split on a 2:1 basis on 4 June 1997. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Western Digital Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Western Digital Corporation shares which in turn could have impacted Western Digital Corporation's share price.
Over the last 12 months, Western Digital Corporation's shares have ranged in value from as little as $27.4 up to $71.3. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Western Digital Corporation's is 1.4826. This would suggest that Western Digital Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Western Digital Corporation develops, manufactures, and sells data storage devices and solutions. 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; flash-based memory wafers; and embedded storage solutions and flash products. 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, including HDDs and drive configurations for use in data storage systems and tiered storage models; and data storage platforms and systems. In addition, it offers client solutions, such as external HDD storage products in mobile and desktop form; client SSDs; removable cards that are used in consumer devices comprising mobile phones, tablets, imaging systems, and still and action video cameras; 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, resellers, and retailers. It operates in the United States, China, Hong Kong, Europe, the Middle East, Africa, rest of Asia, and internationally. Western Digital Corporation was founded in 1970 and is headquartered in San Jose, California.
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