On Friday, Western Digital Corp (NASDAQ: WDC) opened lower -0.45% from the last session, before settling in for the closing price of $44.30. Price fluctuations for WDC have ranged from $28.83 to $61.62 over the past 52 weeks.
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Annual sales at Technology sector company slipped by -3.14% over the past five years. Company’s average yearly earnings per share was noted 3429.85% at the time writing. With a float of $345.66 million, this company’s outstanding shares have now reached $349.00 million.
Let’s look at the performance matrix of the company that is accounted for 51000 employees. In terms of profitability, gross margin is 36.93%, operating margin of 17.8%, and the pretax margin is 10.7%.
Western Digital Corp (WDC) Insider Updates
A key investor’s attitude towards the stock of the Computer Hardware industry is another important factor to consider. The insider ownership of Western Digital Corp is 0.92%, while institutional ownership is 99.19%. The most recent insider transaction that took place on Mar 12 ’25, was worth 19,777. In this transaction SVP & Princ. Acctg Officer of this company sold 456 shares at a rate of $43.37, taking the stock ownership to the 43,320 shares. Before that another transaction happened on Mar 12 ’25, when Company’s Officer proposed sale 456 for $43.37, making the entire transaction worth $19,777.
Western Digital Corp (WDC) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.31 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 3429.85% per share during the next fiscal year.
Western Digital Corp (NASDAQ: WDC) Trading Performance Indicators
Check out the current performance indicators for Western Digital Corp (WDC). In the past quarter, the stock posted a quick ratio of 1.31. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.07. Likewise, its price to free cash flow for the trailing twelve months is 14.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.26, a number that is poised to hit 1.44 in the next quarter and is forecasted to reach 5.43 in one year’s time.
Technical Analysis of Western Digital Corp (WDC)
Western Digital Corp (NASDAQ: WDC) saw its 5-day average volume 6.06 million, a negative change from its year-to-date volume of 8.9 million. As of the previous 9 days, the stock’s Stochastic %D was 74.29%. Additionally, its Average True Range was 1.75.
During the past 100 days, Western Digital Corp’s (WDC) raw stochastic average was set at 60.20%, which indicates a significant decrease from 84.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.20% in the past 14 days, which was lower than the 59.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $40.84, while its 200-day Moving Average is $47.04. Nevertheless, the first resistance level for the watch stands at $44.93 in the near term. At $45.75, the stock is likely to face the second major resistance level. The third major resistance level sits at $46.28. If the price goes on to break the first support level at $43.58, it is likely to go to the next support level at $43.05. Assuming the price breaks the second support level, the third support level stands at $42.23.
Western Digital Corp (NASDAQ: WDC) Key Stats
There are currently 348,878K shares outstanding in the company with a market cap of 15.39 billion. Presently, the company’s annual sales total 13,003 M according to its annual income of -798,000 K. Last quarter, the company’s sales amounted to 2,294 M and its income totaled 520,000 K.
