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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 65,600 staff and has a trailing 12-month revenue of around USD$19.2 billion.
Since the stock market crash in March caused by coronavirus, Western Digital Corporation's stock price has had significant negative movement.
Its last market close was $56.81, which is 15.18% down on its pre-crash value of $66.98 and 107.34% up on the lowest point reached during the March crash when the stocks fell as low as $27.4.
If you had bought $1,000 worth of Western Digital Corporation stocks at the start of February 2020, those stocks would have been worth $511.08 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $844.76.
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.
| Latest market close | $56.81 |
|---|---|
| 52-week range | $43.85 - $78.19 |
| 50-day moving average | $51.36 |
| 200-day moving average | $56.40 |
| Wall St. target price | $69.20 |
| PE ratio | 10.232 |
| Dividend yield | $0 (0%) |
| Earnings per share (TTM) | $5.78 |
Historical closes compared with the close of $56.81 from 2022-05-20
| 1 week (2022-05-12) | 2.27% |
|---|---|
| 1 month (2022-04-19) | N/A |
| 3 months (2022-02-19) | N/A |
| 6 months (2021-11-23) | -6.15% |
| 1 year (2021-05-21) | -21.47% |
|---|---|
| 2 years (2020-05-22) | 33.92% |
| 3 years (2019-05-22) | 34.65% |
| 5 years (2017-05-22) | 87.98 |
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 current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, Western Digital Corporation shares trade at around 10x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Western Digital Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.3938. 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 $3.8 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 | $19.2 billion |
|---|---|
| Operating margin TTM | 14.71% |
| Gross profit TTM | $4.4 billion |
| Return on assets TTM | 6.9% |
| Return on equity TTM | 16.61% |
| Profit margin | 9.49% |
| Book value | $38.29 |
| Market capitalisation | $18.5 billion |
TTM: trailing 12 months
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 12/31/2018) 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.
We're not expecting Western Digital Corporation to pay a dividend over the next 12 months.
Western Digital Corporation's shares were split on a 2:1 basis on 3 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 $43.85 up to $78.19. 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 1.4188. 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 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. .
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