Stock Ideas
New
Stocks
Funds
Screener
Sectors
Watchlists
WDC

WDC - Western Digital Corp Stock Price, Fair Value and News

71.70USD+0.21 (+0.29%)Delayed as of 08 May 2024, 01:45 pm ET

Market Summary

WDC
USD71.70+0.21
Delayedas of 08 May 2024, 01:45 pm
0.29%

WDC Alerts

  • 1 major insider sales recently.
  • Big jump in Earnings (Y/Y)

WDC Stock Price

View Fullscreen

WDC RSI Chart

WDC Valuation

Market Cap

23.3B

Price/Earnings (Trailing)

-14.89

Price/Sales (Trailing)

1.96

EV/EBITDA

-59.38

Price/Free Cashflow

-19.17

WDC Price/Sales (Trailing)

WDC Profitability

EBT Margin

-12.55%

Return on Equity

-15.41%

Return on Assets

-6.55%

Free Cashflow Yield

-5.22%

WDC Fundamentals

WDC Revenue

Revenue (TTM)

11.9B

Rev. Growth (Yr)

23.33%

Rev. Growth (Qtr)

14.02%

WDC Earnings

Earnings (TTM)

-1.6B

Earnings Growth (Yr)

123.64%

Earnings Growth (Qtr)

147.04%

Breaking Down WDC Revenue

52 Week Range

32.0172.01
(Low)(High)

Last 7 days

0.9%

Last 30 days

-2.2%

Last 90 days

23.4%

Trailing 12 Months

109.2%

How does WDC drawdown profile look like?

WDC Financial Health

Current Ratio

1.86

Debt/Equity

0.72

Debt/Cashflow

-0.1

WDC Investor Care

Shares Dilution (1Y)

2.06%

Diluted EPS (TTM)

-5.08

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202411.9B000
202314.2B12.3B11.3B11.3B
202219.2B18.8B17.5B15.8B
202116.3B16.9B18.1B18.9B
202016.1B16.7B16.6B16.3B
201918.1B16.6B15.6B15.6B
201820.4B20.6B20.5B19.4B
201717.7B19.1B19.6B20.0B
201612.7B13.0B14.3B15.9B
201515.0B14.6B14.0B13.4B
201415.2B15.1B15.3B15.2B
201316.4B15.4B15.1B15.3B
201210.1B12.5B13.8B15.6B
20119.5B9.5B9.8B9.3B
20109.4B9.8B10.0B9.9B
20097.6B7.5B7.6B8.3B
200808.1B7.9B7.8B
GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index

Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022


Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

S&P 500 Index
Very Expensive Stocks
Very Cheap Stocks
Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Western Digital Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 08, 2024
zamiska gene m.
sold
-33,225
75.00
-443
svp & princ. acctg officer
Apr 01, 2024
alexy kimberly
sold
-185,228
69.95
-2,648
-
Mar 01, 2024
zamiska gene m.
sold
-660,223
61.3134
-10,768
svp & princ. acctg officer
Mar 01, 2024
alexy kimberly
sold
-188,250
62.75
-3,000
-
Feb 27, 2024
zamiska gene m.
sold (taxes)
-11,266
57.48
-196
svp & princ. acctg officer
Feb 27, 2024
soderbery robert
sold (taxes)
-34,832
57.48
-606
evp & gm, flash business
Feb 27, 2024
goeckeler david
sold (taxes)
-117,834
57.48
-2,050
chief executive officer
Feb 20, 2024
jabre wissam g
sold (taxes)
-658,816
54.13
-12,171
evp & cfo
Feb 20, 2024
zamiska gene m.
sold (taxes)
-14,127
54.13
-261
svp & princ. acctg officer
Feb 20, 2024
goeckeler david
sold (taxes)
-147,342
54.13
-2,722
chief executive officer

1–10 of 50

Which funds bought or sold WDC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 06, 2024
Parallel Advisors, LLC
sold off
-100
-996
-
-%
May 06, 2024
Carnegie Capital Asset Management, LLC
reduced
-5.79
50,491
272,278
0.01%
May 06, 2024
Jefferies Financial Group Inc.
new
-
2,671,860
2,671,860
0.02%
May 06, 2024
Savant Capital, LLC
added
6.73
136,463
485,675
0.01%
May 06, 2024
ORG Partners LLC
reduced
-81.35
-101,224
34,149
0.06%
May 06, 2024
Empirical Finance, LLC
added
3.6
199,172
768,382
0.05%
May 06, 2024
NEW YORK LIFE INVESTMENT MANAGEMENT LLC
reduced
-3.65
687,081
3,376,860
0.03%
May 06, 2024
LMCG INVESTMENTS, LLC
reduced
-81.07
-3,388,320
1,109,380
0.06%
May 06, 2024
Hilltop National Bank
new
-
20,472
20,472
0.01%
May 06, 2024
JOHN G ULLMAN & ASSOCIATES INC
reduced
-1.64
1,530,500
6,963,890
1.07%

1–10 of 43

Are Funds Buying or Selling WDC?

Are funds buying WDC calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own WDC
No. of Funds

Unveiling Western Digital Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
price t rowe associates inc /md/
7.5%
24,169,355
SC 13G
Feb 13, 2024
vanguard group inc
11.90%
38,579,938
SC 13G/A
Jan 25, 2024
blackrock inc.
8.5%
27,712,800
SC 13G/A
Feb 14, 2023
price t rowe associates inc /md/
6.5%
20,663,972
SC 13G
Feb 10, 2023
blackrock inc.
8.2%
26,002,691
SC 13G/A
Feb 09, 2023
vanguard group inc
11.76%
37,341,622
SC 13G/A
Mar 11, 2022
blackrock inc.
8.3%
25,826,324
SC 13G/A
Feb 08, 2022
blackrock inc.
8.3%
25,826,324
SC 13G
Feb 10, 2021
vanguard group inc
10.63%
32,329,856
SC 13G/A
Feb 05, 2021
blackrock inc.
7.5%
22,903,786
SC 13G/A

Recent SEC filings of Western Digital Corp

View All Filings
Date Filed Form Type Document
Apr 30, 2024
10-Q
Quarterly Report
Apr 25, 2024
8-K
Current Report
Apr 09, 2024
4
Insider Trading
Apr 08, 2024
144
Notice of Insider Sale Intent
Apr 02, 2024
4
Insider Trading
Apr 01, 2024
144
Notice of Insider Sale Intent
Mar 29, 2024
DEF 14A
DEF 14A
Mar 29, 2024
DEFA14A
DEFA14A
Mar 15, 2024
PRE 14A
PRE 14A
Mar 05, 2024
4
Insider Trading

Peers (Alternatives to Western Digital Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
191.4B
57.2B
-2.64% 2.01%
14.24
3.34
7.66% 18.93%
85.7B
5.9B
-7.94% 98.43%
41.03
14.62
33.75% 54.34%
27.8B
53.1B
-2.40% -5.90%
8.15
0.52
-11.04% 34.01%
21.9B
29.1B
-6.33% 18.82%
10.82
0.75
2.24% 133.29%
13.3B
4.2B
-3.41% 30.76%
27.36
3.13
-11.68% 12.69%
11.2B
5.3B
-6.93% 19.38%
50.05
2.1
-2.96% -55.26%
MID-CAP
6.9B
1.9B
6.68% -40.44%
18.48
3.66
4.69% 6.86%
3.7B
2.4B
1.61% 12.44%
20.47
1.53
-8.79% -36.23%
2.8B
1.4B
-9.80% -13.55%
-7.9
1.97
-21.81% -865.12%
SMALL-CAP
1.4B
1.2B
1.29% -34.17%
-226.29
1.17
-0.19% -110.91%
447.7M
217.6M
-6.95% 558.19%
-7.99
2.06
-2.32% 15.59%
426.4M
1.1B
6.96% -37.59%
-1.59
0.37
12.05% -13041.29%
136.3M
148.1M
-0.73% 19.84%
29.03
0.92
3.90% 76.40%
59.2M
29.7M
3.45% -79.38%
-0.86
1.99
39.86% -13.06%
57.4M
56.0M
1.10% -4.51%
-4.61
1.02
-26.16% -43.53%

Western Digital Corp News

Latest updates
MarketWatch • 20 hours ago
Yahoo Movies Canada • 05 May 2024 • 03:48 pm
Defense World • 03 May 2024 • 03:58 pm

Western Digital Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue14.0%3,4573,0322,7502,6722,8033,1073,7364,5284,3814,8335,0514,9204,1373,9433,9224,2874,1754,2344,0403,6343,674
Gross Profit103.5%1,00149299.0092.002865289811,4451,1811,5831,6651,5661,0919609041,0831,005935758465579
Operating Expenses3.7%728702695742758849823883857856887891774802834822852885887846973
  S&GA Expenses2.5%203198207231242250247266281279291297287265256269281298305299353
EBITDA Margin60.4%-0.04*-0.10*-0.11*-0.03*0.06*0.10*0.15*0.18*0.18*0.18*0.17*0.15*---------
Interest Expenses0%10810898.0089.0080.0073.0070.0075.0075.0076.0078.0080.0081.0081.0084.0087.0099.00105122117118
Income Taxes53.6%43.0028.003.00-18.5043.0070.0057.0021023782.0094.00-26.0052.0023.0057.0037.0029.0099.0039.00-277104
Earnings Before Taxes168.7%178-259-682-739-528-38184.0051126264670459624985.00-3.0018546.00-40.00-237-474-477
EBT Margin35.8%-0.13*-0.20*-0.21*-0.13*-0.02*0.03*0.09*0.11*0.12*0.12*0.09*0.05*---------
Net Income147.0%135-287-685-731-571-45147.0030125.0056461062219762.00-60.0014817.00-139-276-197-581
Net Income Margin35.0%-0.13*-0.20*-0.21*-0.14*-0.05*0.00*0.05*0.08*0.09*0.11*0.08*0.05*---------
Free Cashflow83.9%-39.00-242-750-187-505-223-31415.00107360276668---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-2.4%23,80124,38524,00124,54625,15125,04725,68626,25925,69926,02526,39126,13225,40925,55225,40225,66225,50925,86026,28026,37026,913
  Current Assets-3.9%7,5327,8387,5777,8868,4838,3819,0719,4539,1789,5359,8569,7579,0329,1099,0059,0488,5538,6278,5008,4778,902
    Cash Equivalents-23.7%1,8942,4812,0322,0232,2201,8712,0492,3272,5052,5313,2903,3702,7342,9562,9953,0482,9433,1373,2483,4553,682
  Inventory0.0%3,2153,2163,4973,6983,9793,7733,8623,6383,6613,6473,5443,6163,6833,5763,3553,0703,0913,1223,2873,2833,440
  Net PPE-1.9%3,2533,3153,3713,6203,6683,6883,7183,6703,4883,3673,2603,1883,0612,9182,8972,8542,7352,7222,7962,8433,031
  Goodwill0.0%10,03410,03710,03510,03710,04110,04110,03710,04110,06110,06510,06610,06610,06610,07110,06910,06710,06610,06910,09010,07610,075
Liabilities-4.7%12,80413,44113,01212,70612,66412,93213,57914,03813,71514,00715,03015,41115,46015,72315,82616,11116,26616,48116,71416,40316,699
  Current Liabilities-13.6%4,0534,6935,7925,4345,2614,3824,9665,2374,3974,9294,7094,8704,5014,5264,4294,4064,4714,4824,2883,8174,212
  Long Term Debt-0.4%7,3187,3515,8225,8575,8987,0337,0717,0227,0877,0578,2708,4748,6788,8829,0869,2899,3439,5479,96110,24610,309
    LT Debt, Current-56.8%4501,0421,8501,2131,17538.00--75.00251251251251251286286286286251276276
    LT Debt, Non Current-0.4%7,3187,3515,8225,8575,8987,0337,0717,0227,0877,0578,2708,4748,6788,8829,0869,2899,3439,5479,96110,24610,309
Shareholder's Equity0.5%10,12110,06810,23010,96411,74112,24512,22212,32311,98412,01811,36110,7219,9499,8299,5769,5519,2439,3799,5669,96710,214
  Retained Earnings2.0%6,7366,6016,7397,5738,1398,7119,1579,0398,7388,7138,1497,5396,9176,7206,6586,7256,5786,7177,0127,4497,799
  Additional Paid-In Capital1.5%4,0183,9573,9703,9363,8313,7703,6413,7333,6003,5193,4013,6083,6033,5463,5373,7173,7433,7313,7283,8513,891
Accumulated Depreciation0.6%8,7838,7308,6548,6308,5958,4768,4258,3008,2198,0687,9217,7717,7887,6467,5777,4467,3507,2357,1607,1607,607
Shares Outstanding0%326326324322318318316315312311310305---------
Float------7,730---17,000---13,500---15,700---
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations163.0%58.00-92.00-626-68.00-38135.006.00295398666521994116425363172142257253169204
  Share Based Compensation15.4%-11.00-13.0077.00164-12.00-12.0086.00177-13.00-14.0076.00175-14.00-15.0076.0076.0078.0077.0077.0064.0084.00
Cashflow From Investing111.7%7.00-60.0084.00-142-138-258-224-370-253-257-312-203-126-270-16686.0032.0012634.00-230-317
Cashflow From Financing-208.0%-64559755419.0086838.00-50.00-95.00-167-1,167-289-155-212-197-253-154-369-493-492-172-219
  Dividend Payments----------------150149149147146146
  Buy Backs----------------------
Get Full Access to Grufity – and Unlimited Downloads
Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.
Try For Just $1.99

WDC Income Statement

2024-03-29
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Mar. 29, 2024
Mar. 31, 2023
Mar. 29, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Revenue, net$ 3,457$ 2,803$ 9,239$ 9,646
Cost of revenue2,4562,5177,6477,851
Gross profit1,0012861,5921,795
Operating expenses:    
Research and development4944761,3691,551
Selling, general and administrative203242608739
Employee termination, asset impairment, and other84089140
Business separation costs230590
Total operating expenses7287582,1252,430
Operating income (loss)273(472)(533)(635)
Interest and other expense:    
Interest income10103015
Interest expense(108)(80)(314)(223)
Other income, net3145427
Total interest and other expense, net(95)(56)(230)(181)
Income (loss) before taxes178(528)(763)(816)
Income tax expense434374159
Net income (loss)135(571)(837)(975)
Less: cumulative dividends allocated to preferred shareholders159449
Less: income attributable to preferred shareholders7000
Net income (loss) attributable to common shareholders$ 113$ (580)$ (881)$ (984)
Net income (loss) per common share:    
Basic (in dollars per share)$ 0.35$ (1.82)$ (2.72)$ (3.09)
Diluted (in dollars per share)$ 0.34$ (1.82)$ (2.72)$ (3.09)
Weighted average shares outstanding:    
Basic (in shares)326319324318
Diluted (in shares)335319324318

WDC Balance Sheet

2024-03-29
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 29, 2024
Jun. 30, 2023
Current assets:  
Cash and cash equivalents$ 1,894$ 2,023
Accounts receivable, net1,8001,598
Inventories3,2153,698
Other current assets623567
Total current assets7,5327,886
Non-current assets:  
Property, plant and equipment, net3,2533,620
Notes receivable and investments in Flash Ventures1,0991,410
Goodwill10,03410,037
Other intangible assets, net7880
Other non-current assets1,8051,513
Total assets23,80124,546
Current liabilities:  
Accrued expenses9721,288
Income taxes payable476999
Accrued compensation445349
Current portion of long-term debt4501,213
Total current liabilities4,0535,434
Non-current liabilities:  
Long-term debt7,3185,857
Other liabilities1,4331,415
Total liabilities12,80412,706
Commitments and contingencies (Notes 9, 10, 12 and 16)
Convertible preferred stock, $0.01 par value; authorized — 5 shares; issued and outstanding — 1 shares; aggregate liquidation preference of $968 and $924, respectively876876
Shareholders’ equity:  
Common stock, $0.01 par value; authorized — 450 shares; issued and outstanding — 326 shares and 322 shares, respectively33
Additional paid-in capital4,0183,936
Accumulated other comprehensive loss(636)(548)
Retained earnings6,7367,573
Total shareholders’ equity10,12110,964
Total liabilities, convertible preferred stock and shareholders’ equity23,80124,546
Nonrelated Party  
Current liabilities:  
Accounts payable1,4001,293
Related Party  
Current liabilities:  
Accounts payable$ 310$ 292
WDC
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 desktop and notebook personal computers (PCs), gaming consoles, and set top boxes; and 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. The company also provides enterprise HDDs; enterprise SSDs consisting of flash-based SSDs and software solutions for use in enterprise servers, online transactions, data analysis, and other enterprise applications; and data storage platforms. In addition, it offers 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 backup 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.
 CEO
 WEBSITEwesterndigital.com
 INDUSTRYComputer Hardware
 EMPLOYEES53000

Western Digital Corp Frequently Asked Questions


What is the ticker symbol for Western Digital Corp? What does WDC stand for in stocks?

WDC is the stock ticker symbol of Western Digital Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Western Digital Corp (WDC)?

As of Tue May 07 2024, market cap of Western Digital Corp is 23.34 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WDC stock?

You can check WDC's fair value in chart for subscribers.

What is the fair value of WDC stock?

You can check WDC's fair value in chart for subscribers. The fair value of Western Digital Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Western Digital Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WDC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Western Digital Corp a good stock to buy?

The fair value guage provides a quick view whether WDC is over valued or under valued. Whether Western Digital Corp is cheap or expensive depends on the assumptions which impact Western Digital Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WDC.

What is Western Digital Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, WDC's PE ratio (Price to Earnings) is -14.89 and Price to Sales (PS) ratio is 1.96. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WDC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Western Digital Corp's stock?

In the past 10 years, Western Digital Corp has provided 0.005 (multiply by 100 for percentage) rate of return.