As on January 11, 2022, Western Digital Corporation (NASDAQ: WDC) got off with the flyer as it spiked 0.73% to $66.02. During the day, the stock rose to $66.12 and sunk to $64.24 before settling in for the price of $65.54 at the close. Taking a more long-term approach, WDC posted a 52-week range of $48.62-$78.19.
The company of the Technology sector’s yearbook sales growth during the past 5- year span was recorded 5.40%. Meanwhile, its Annual Earning per share during the time was 21.60%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 416.70%. This publicly-traded company’s shares outstanding now amounts to $311.62 million, simultaneously with a float of $310.77 million. The organization now has a market capitalization sitting at $20.23 billion. At the time of writing, stock’s 50-day Moving Average stood at $59.29, while the 200-day Moving Average is $64.02.
It is imperative to bring your focus towards the efficiency factor of the conglomerate that has a total of 65600 employees. It has generated 257,957 per worker during the last fiscal year. Meanwhile, its income per employee was 12,515. The stock had 7.30 Receivables turnover and 0.65 Total Asset turnover. For the Profitability, stocks gross margin was +27.17, operating margin was +7.39 and Pretax Margin of +5.48.
Western Digital Corporation (WDC) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Computer Hardware industry. Western Digital Corporation’s current insider ownership accounts for 0.50%, in contrast to 82.20% institutional ownership. According to the most recent insider trade that took place on Nov 02, this organization’s SVP & Princ. Acctg Officer sold 2,607 shares at the rate of 55.00, making the entire transaction reach 143,385 in total value, affecting insider ownership by 31,495. Preceding that transaction, on Aug 06, Company’s EVP & Chief Human Res Officer sold 3,380 for 67.92, making the whole transaction’s value amount to 229,570. This particular insider is now the holder of 62,795 in total.
Western Digital Corporation (WDC) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 9/29/2021, the company posted $2.2 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $2.16) by $0.04. This company achieved a net margin of +4.85 while generating a return on equity of 8.10. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.75 per share during the current fiscal year.
Western Digital Corporation’s EPS increase for this current 12-month fiscal period is 416.70% and is forecasted to reach 9.76 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 20.00% through the next 5 years, which can be compared against the 21.60% growth it accomplished over the previous five years trading on the market.
Western Digital Corporation (NASDAQ: WDC) Trading Performance Indicators
Let’s observe the current performance indicators for Western Digital Corporation (WDC). It’s Quick Ratio in the last reported quarter now stands at 1.30. The Stock has managed to achieve an average true range (ATR) of 2.03. Alongside those numbers, its PE Ratio stands at $13.88, and its Beta score is 1.53. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.12. Similarly, its price to free cash flow for trailing twelve months is now 20.19.
In the same vein, WDC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.75, a figure that is expected to reach 1.87 in the next quarter, and analysts are predicting that it will be 9.76 at the market close of one year from today.
Technical Analysis of Western Digital Corporation (WDC)
Through scrutinizing the latest numbers posted by the [Western Digital Corporation, WDC], it can be observed that its last 5-days Average volume of 4.8 million was better the volume of 4.38 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 42.21% While, its Average True Range was 2.09.
Raw Stochastic average of Western Digital Corporation (WDC) in the period of the previous 100 days is set at 80.62%, which indicates a major rise in contrast to 68.61% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 30.56% that was lower than 37.19% volatility it exhibited in the past 100-days period.