Western Digital Corporation
Prices are adjusted according to historical splits.
- Today's Low:
- Today's High:
- Open Price:
- 52W Low:
- 52W High:
- Prev. Close:
- Market Cap.:
- $12.87 billion
- Book Value:
- Revenue TTM:
- $14.17 billion
- Operating Margin TTM:
- Gross Profit TTM:
- $5.87 billion
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Western Digital Corporation had its IPO on 1987-01-02 under the ticker symbol WDC.
The company operates in the Technology sector and Computer Hardware industry. Western Digital Corporation has a staff strength of 65,000 employees.
Shares of Western Digital Corporation opened at $39.68 at the start of the last trading session i.e. 2023-06-03.
The stocks traded within a range of $39.26 - $40.37, and closed at $40.24.
This is a +3.26% increase from the previous day's closing price.
A total volume of 3,506,100 shares were traded at the close of the day’s session.
In the last one week, shares of Western Digital Corporation have increased by +8.08%.
Western Digital Corporation's Key Ratios
Western Digital Corporation has a market cap of $12.87 billion, indicating a price to book ratio of 0.9369 and a price to sales ratio of 0.5854.
In the last 12-months Western Digital Corporation’s revenue was $14.17 billion with a gross profit of $5.87 billion and an EBITDA of $780 million. The EBITDA ratio measures Western Digital Corporation's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Western Digital Corporation’s operating margin was -0.59% while its return on assets stood at -0.21% with a return of equity of -5.64%.
In Q1, Western Digital Corporation’s quarterly earnings growth was a negative -95.9% while revenue growth was a negative 36%.
Western Digital Corporation’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $-2.19 per share while it has a forward price to earnings multiple of 94.3396 and a PEG multiple of 490.3315. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Western Digital Corporation’s profitability.
Western Digital Corporation stock is trading at a EV to sales ratio of 0.9363 and a EV to EBITDA ratio of 6.0747. Its price to sales ratio in the trailing 12-months stood at 0.5854.
Western Digital Corporation stock pays annual dividends of $0 per share, indicating a yield of 4.34% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $25.15 billion
- Total Liabilities
- $5.26 billion
- Operating Cash Flow
- Capital Expenditure
- $110 million
- Dividend Payout Ratio
Western Digital Corporation ended 2023 with $25.15 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $25.15 billion while shareholder equity stood at $876.00 million.
Western Digital Corporation ended 2023 with $0 in deferred long-term liabilities, $5.26 billion in other current liabilities, 3000000.00 in common stock, $8.14 billion in retained earnings and $10.04 billion in goodwill. Its cash balance stood at $2.22 billion and cash and short-term investments were $2.22 billion. The company’s total short-term debt was $1,175,000,000 while long-term debt stood at $5.90 billion.
Western Digital Corporation’s total current assets stands at $8.48 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $1.59 billion compared to accounts payable of $1.57 billion and inventory worth $3.98 billion.
In 2023, Western Digital Corporation's operating cash flow was $-138000000.00 while its capital expenditure stood at $110 million.
Comparatively, Western Digital Corporation paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Western Digital Corporation stock is currently trading at $40.24 per share. It touched a 52-week high of $63 and a 52-week low of $63. Analysts tracking the stock have a 12-month average target price of $45.5.
Its 50-day moving average was $35.79 and 200-day moving average was $37.18 The short ratio stood at 2.1 indicating a short percent outstanding of 0%.
Around 28.7% of the company’s stock are held by insiders while 8830.2% are held by institutions.
Frequently Asked Questions About Western Digital Corporation
Similar Industry Stocks (Computer Hardware)
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 enterprise helium hard drives; enterprise SSDs consisting of flash-based SSDs and software solutions for use in enterprise servers, on-line transactions, data analysis, and other enterprise applications; drives are used 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 Western Digital, 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.