A new trading day began on Friday, with Western Digital Corp (NASDAQ: WDC) stock price up 8.75% from the previous day of trading, before settling in for the closing price of $138.13. WDC’s price has ranged from $28.83 to $145.68 over the past 52 weeks.
Meanwhile, its annual earnings per share averaged 48.65%. With a float of $339.76 million, this company’s outstanding shares have now reached $342.00 million.
In an organization with 40000 employees, it is important to assess its efficiency.
Western Digital Corp (WDC) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Computer Hardware Industry. The insider ownership of Western Digital Corp is 0.89%, while institutional ownership is 107.08%. The most recent insider transaction that took place on Sep 04 ’25, was worth 1,024,162. In this transaction Chief of Global Operations of this company sold 11,343 shares at a rate of $90.29, taking the stock ownership to the 151,596 shares. Before that another transaction happened on Sep 04 ’25, when Company’s Officer proposed sale 11,343 for $90.29, making the entire transaction worth $1,024,162.
Western Digital Corp (WDC) Performance Highlights and Predictions
In its latest quarterly report, released on 12/31/2024, the company reported earnings of 1.77 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.88 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 48.65% per share during the next fiscal year.
Western Digital Corp (NASDAQ: WDC) Trading Performance Indicators
Here are Western Digital Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.94. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.29. Likewise, its price to free cash flow for the trailing twelve months is 24.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.86, a number that is poised to hit 1.86 in the next quarter and is forecasted to reach 8.58 in one year’s time.
Technical Analysis of Western Digital Corp (WDC)
Let’s dig in a bit further. During the last 5-days, its volume was 13.31 million. That was better than the volume of 8.32 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 79.98%.
During the past 100 days, Western Digital Corp’s (WDC) raw stochastic average was set at 92.78%, which indicates a significant increase from 83.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 7.95 in the past 14 days, which was higher than the 3.56 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $110.13, while its 200-day Moving Average is $67.42. However, in the short run, Western Digital Corp’s stock first resistance to watch stands at $158.52. Second resistance stands at $166.84. The third major resistance level sits at $176.02. If the price goes on to break the first support level at $141.02, it is likely to go to the next support level at $131.84. Assuming the price breaks the second support level, the third support level stands at $123.52.
Western Digital Corp (NASDAQ: WDC) Key Stats
With a market capitalization of 51.49 billion, the company has a total of 342,796K Shares Outstanding. Currently, annual sales are 9,520 M while annual income is 1,889 M. The company’s previous quarter sales were 2,294 M while its latest quarter income was 520,000 K.
