Western Digital Corporation (NASDAQ:WDC) has a 1 Year Target Estimate of $70.01. The stock traded with the volume of 5.37 Million in the last trading session. Western Digital Corporation opened at $63.26 and closed by showing an increase of 1.58%. The Bid price in the last session was $63.30 x 300 and the Ask price was $63.99 x 300. (The ask price is what sellers are willing to take for it. If you are selling a stock, you are going to get the bid price, if you are buying a stock you are going to get the ask price. The difference (or spread) goes to the broker/specialist that handles the transaction).
Western Digital Corporation has the Market Capitalization of 18.18 Billion. The Stock has its 52-week High of $64.73 and 52-Week Low of $34.99 and it touched its 52-week high on Dec 4, 2015 and 52-Week Low on May 16, 2016.
Western Digital Corporation reported its last Earnings on Oct 26 AMC where the company reported Actual EPS of $1.54/Share whereas, the Analyst Estimated EPS was $1.04/share. The difference between Actual EPS and Estimated EPS was $0.5/share. This represented an Earnings Surprise of 48.1%. The company will report its next earnings on Jan 26 – Jan 30 (Est.).
27 number of analysts also provided their insight on Western Digital Corporation, where the Average Price Target for the stock is $70.01. They also projected Low Price Target as $41.5 while High Price Target is set at $97.
A number of analysts rated the stock as well: 10 analysts believe that the stock is a STRONG BUY while 12 reported it as Buy.10 analysts assigned a HOLD rating, 1 said it’s UNDERPERFORM and 0 say that this stock is a SELL.
Western Digital Corporation annual Divided is 2 while it’s Dividend Yield is 3.14%. The stock has its Price to Earnings (P/E) ratio of 0 and Forward Price to Earnings ratio of 8.15. The company has its Price to Sales (P/S) ratio of 1.27 where Price to Book (P/B) ratio of 1.68, Price to Cash Per share (P/C) of 4.2 and Price to Free Cash Flow (P/FCF) has a value of 23.6.
The company has its Return on Assets (ROA) of -1.8 Percent. Return on Equity (ROE) stands at -4% and Return on Investment (ROI) displays a value of 2%.
The stock is currently trading at Distance from 20-Day simple moving Average of 7.98% whereas, Distance from 50-Day Simple moving average is 10.75 Percent and Distance from 200-Day Simple Moving Average of 31.65 percent.
A look at performance overview of Western Digital Corporation depicts that Performance (Week) is 4.04 percent while Performance Month is 8.93%. Quarterly performance shows a value of 37.57% and Half Year Performance value stands at 34.23%. Yearly performance of the stock has the value of 3.5 percent. Western Digital Corporation has its YTD performance of 9.28 Percent. (YTD performance is the most important factor to consider; if YTD is negative, the stock is declining; if the YTD Performance value is Positive the stock is surging).
Many Insiders have done trades inside the company. The latest trade was made on 13 Nov 2016 where Officer Ray (Michael Charles) did a transaction type “Sell” in which 1000 shares were traded at a price of $60. Another insider trade includes Director DeNero (Henry T) who also initiated a transaction in which 1750 shares were traded on 7 Nov 2016 as “Sell”. On 6 Nov 2016 Director Massengill (Matthew E) traded 700 shares as “Sell” at $57.74. Director Massengill (Matthew E) Sell 1487 shares on 6 Nov 2016 at the price of $57.11.
The latest Upgrades/Downgrades was done by Research firm BofA/Merrill on 27-Oct-16 who Upgrade the stock from Underperform to Neutral. Other firms have also Upgraded/Downgraded the stock. On 13-Sep-16, Longbow took an action “Upgrade” from Neutral to Buy. On 3-Aug-16, the stock was Downgrade to Sell by Goldman.