Western Stock Analysis


USD 50.81  1.75  3.57%   

The current Western Digital Cp price slip may raise some interest from investors as it is trading at a share price of 50.81 on 1,265,983 in trading volume. The company directors and management were unable to exploit market volatilities in July. However, diversifying your overall positions with Western Digital Cp can protect your principal portfolio during market swings. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.73. The current volatility is consistent with the ongoing market swings in July 2022 as well as with Western Digital Cp unsystematic, company-specific events.
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The Western Digital stock analysis report makes it easy to digest most publicly released information about Western Digital and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Western Stock analysis module also helps to analyze the Western Digital price relationship with some important fundamental indicators such as market cap and management efficiency.

Western Stock Analysis Notes

About 82.0% of the company outstanding shares are owned by institutional investors. The company has Price to Book (P/B) ratio of 1.23. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Western Digital Cp has Price/Earnings To Growth (PEG) ratio of 0.75. The entity recorded earning per share (EPS) of 5.47. The firm last dividend was issued on the 2nd of April 2020. Western Digital had 2:1 split on the 4th of June 1997. 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. Western Digital Corporation was founded in 1970 and is headquartered in San Jose, California. Western Digital operates under Electronic Finished Products classification in the United States and is traded on NASDAQ Exchange. For more information please call Stephen Milligan at 408 717-6000 or visit www.westerndigital.com.

Western Digital Cp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Western Digital's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Western Digital Cp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Western Digital Cp generated a negative expected return over the last 90 days
Over 82.0% of the company outstanding shares are owned by institutional investors
Latest headline from www.arabnews.com: India In-Focus Shares end higher LT to issue 4-month CP July retail inflation may ease to 5-month low - Arab News

Western Digital Cp Upcoming and Recent Events

Earnings reports are used by Western Digital to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Western Digital previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report27th of January 2022
Next Financial Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End3rd of August 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Western Largest EPS Surprises

Earnings surprises can significantly impact Western Digital's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Fiscal Date
Estimated EPS
Reported EPS
View All Earnings Estimates

Western Digital Thematic Classifications

In addition to having Western Digital stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
USA Equities from Computers industry as classified by Fama & French
Tech Growth
Large and mid-sized technology companies, funds, and technology-based ETFs that are considered growing

Western Market Capitalization

The company currently falls under 'Large-Cap' category with total capitalization of 14.93 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Western Digital's market, we take the total number of its shares issued and multiply it by Western Digital's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Western Profitablity

Western Digital's profitability indicators refer to fundamental financial ratios that showcase Western Digital's ability to generate income relative to its revenue or operating costs. If, let's say, Western Digital is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Western Digital's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Western Digital's profitability requires more research than a typical breakdown of Western Digital's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 7.98 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is very large. In the same way, it shows Net Operating Margin of 18.96 %, which entails that for every 100 dollars of revenue, it generated 0.19 of operating income.
Last ReportedProjected for 2022
Return on Investment 7.41  11.09 
Return on Average Assets 1.27  1.30 
Return on Average Equity 3.52  3.61 
Return on Invested Capital 0.66  0.71 
Return on Sales 0.08  0.08 

Management Efficiency

The entity has Return on Asset of 6.28 % which means that on every $100 spent on asset, it made $6.28 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 13.08 %, implying that it generated $13.08 on every 100 dollars invested. Western Digital management efficiency ratios could be used to measure how well western digital cp manages its routine affairs as well as how well it operates its assets and liabilities. Western Digital Return on Investment is projected to increase slightly based on the last few years of reporting. The past year's Return on Investment was at 7.41. The current year Return on Average Assets is expected to grow to 1.30, whereas Return on Sales is forecasted to decline to 0.08. Western Digital Assets Non Current are projected to decrease significantly based on the last few years of reporting. The past year's Assets Non Current were at 522.9 Million. The current year Revenue to Assets is expected to grow to 0.82, whereas Total Assets are forecasted to decline to about 24.3 B.
Last ReportedProjected for 2022
Book Value per Share 4.78  4.91 
Enterprise Value over EBIT 9.00  7.95 
Enterprise Value over EBITDA 6.39  5.06 
Price to Book Value 4.35  4.46 
Tangible Assets Book Value per Share 8.61  8.84 
Enterprise Value3.5 B4.5 B
Tangible Asset Value1.9 B1.9 B

Technical Drivers

As of the 12th of August 2022, Western Digital maintains the market risk adjusted performance of (0.11), and Mean Deviation of 2.18. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Western Digital Cp, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to break down nineteen technical drivers for Western Digital Cp, which can be compared to its rivals. Please check out Western Digital Cp jensen alpha, potential upside, as well as the relationship between the Potential Upside and skewness to decide if Western Digital Cp is priced fairly, providing market reflects its latest price of 50.81 per share. Given that Western Digital Cp has jensen alpha of (0.26), we strongly advise you to confirm Western Digital Cp's prevalent market performance to make sure the company can sustain itself at a future point.

Western Digital Cp Price Movement Analysis

null. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Western Digital middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Western Digital Cp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Western Digital Cp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Western Digital insiders, such as employees or executives, is commonly permitted as long as it does not rely on Western Digital's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Western Digital insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Michael Ray over two weeks ago via Macroaxis 
Western Digital exotic insider transaction detected
Soderbery Robert over three weeks ago via Macroaxis 
Acquisition by Soderbery Robert of 28067 shares of Western Digital subject to Rule 16b-3
Jabre Wissam G over a month ago via Macroaxis 
Acquisition by Jabre Wissam G of 80080 shares of Western Digital subject to Rule 16b-3
Zamiska Gene M over a month ago via Macroaxis 
Payment of 112 shares by Zamiska Gene M of Western Digital subject to Rule 16b-3
Zamiska Gene M over three months ago via Macroaxis 
Sale by Zamiska Gene M of 4776 shares of Western Digital
Goeckeler David over three months ago via Macroaxis 
Exercise or conversion by Goeckeler David of 1246 shares of Western Digital subject to Rule 16b-3
Jabre Wissam G over three months ago via Macroaxis 
Acquisition by Jabre Wissam G of 81037 shares of Western Digital subject to Rule 16b-3
Srinivasan Sivaram over three months ago via Macroaxis 
Exercise or conversion by Srinivasan Sivaram of 11380 shares of Western Digital subject to Rule 16b-3
Paula Price over six months ago via Macroaxis 
Sale by Paula Price of 4150 shares of Western Digital
Tunc Doluca over six months ago via Macroaxis 
Western Digital exotic insider transaction detected
Suzuki Miyuki over six months ago via Macroaxis 
Acquisition by Suzuki Miyuki of 4103 shares of Western Digital subject to Rule 16b-3
Hunkler Sean over six months ago via Macroaxis 
Payment of 2066 shares by Hunkler Sean of Western Digital subject to Rule 16b-3

Western Digital Outstanding Bonds

Western Digital issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Western Digital Cp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Western bonds can be classified according to their maturity, which is the date when Western Digital Cp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Western Digital Predictive Daily Indicators

Western Digital intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Western Digital stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Western Digital Forecast Models

Western Digital time-series forecasting models is one of many Western Digital's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Western Digital's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Western Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Western Digital stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Western shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Western Digital. By using and applying Western Stock analysis, traders can create a robust methodology for identifying Western entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin 10.23  10.70 
EBITDA Margin 13.36  15.51 
Gross Margin 31.80  28.18 
Profit Margin 2.08  2.14 
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. Western Digital Corporation was founded in 1970 and is headquartered in San Jose, California. Western Digital operates under Electronic Finished Products classification in the United States and is traded on NASDAQ Exchange.

Current Western Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Western analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Western analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
Western Digital Cp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Western analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Western stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Western Digital Cp, talking to its executives and customers, or listening to Western conference calls.
Western Analyst Advice Details

Western Stock Analysis Indicators

Western Digital Cp stock analysis indicators help investors evaluate how Western Digital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Western Digital shares will generate the highest return on investment. By understating and applying Western Digital stock analysis, traders can identify Western Digital position entry and exit signals to maximize returns.
Quick Ratio1.13
Fifty Two Week Low41.63
Revenue Growth-8.00%
Average Daily Volume Last 10 Day3.36M
Shares Short Prior Month7.1M
Average Daily Volume In Three Month3.48M
Earnings Growth-51.90%
Shares Percent Shares Out2.94%
Earnings Quarterly Growth-51.60%
Gross Margins32.32%
Forward Price Earnings8.65
Short Percent Of Float3.29%
Float Shares312.68M
Fifty Two Week High69.99
Fifty Day Average49.56
Enterprise Value To Ebitda5.47
Two Hundred Day Average53.85
Enterprise Value To Revenue1.04
Check out Your Current Watchlist. Note that the Western Digital Cp information on this page should be used as a complementary analysis to other Western Digital's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for Western Stock analysis

When running Western Digital Cp price analysis, check to measure Western Digital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Western Digital is operating at the current time. Most of Western Digital's value examination focuses on studying past and present price action to predict the probability of Western Digital's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Western Digital's price. Additionally, you may evaluate how the addition of Western Digital to your portfolios can decrease your overall portfolio volatility.
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Is Western Digital's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Western Digital. If investors know Western will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Western Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
Market Capitalization
14.9 B
Quarterly Revenue Growth YOY
Return On Assets
Return On Equity
The market value of Western Digital Cp is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Digital's value that differs from its market value or its book value, called intrinsic value, which is Western Digital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Western Digital's market value can be influenced by many factors that don't directly affect Western Digital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Western Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine Western Digital value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Digital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.