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NASDAQ: WDC
Western Digital Corp Stock

$79.19+2.67 (+3.49%)
Updated Jun 12, 2024
WDC Price
$79.19
Fair Value Price
-$10.90
Market Cap
$25.86B
52 Week Low
$35.62
52 Week High
$79.84
P/E
-15.68x
P/B
2.55x
P/S
1.87x
PEG
N/A
Dividend Yield
N/A
Revenue
$11.91B
Earnings
-$1.56B
Gross Margin
14.1%
Operating Margin
-9.21%
Profit Margin
-13.6%
Debt to Equity
1.27
Operating Cash Flow
-$728M
Beta
1.44
Next Earnings
Jul 29, 2024
Ex-Dividend
N/A
Next Dividend
N/A

WDC Overview

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 computing devices, such as desktop and notebook personal computers (PCs), smart video systems, gaming consoles, and set top boxes; 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; and flash-based memory wafers. The company also provides data center devices and solutions comprising enterprise helium hard drives; enterprise SSDs consisting of flash-based SSDs and software solutions for use in enterprise servers, online transactions, data analysis, and other enterprise applications; data center solutions for data storage systems and tiered storage models; and data storage platforms. In addition, it offers client solutions, such as 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 back up 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 G-Technology, 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.

Zen Score

Industry Average (28)
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Due Diligence Checks

WDC ($79.19) is overvalued by 826.39% relative to our estimate of its Fair Value price of -$10.90 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
WDC ($79.19) is not significantly undervalued (826.39%) relative to our estimate of its Fair Value price of -$10.90 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
WDC is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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WDC News

Valuation

WDC fair value

Fair Value of WDC stock based on Discounted Cash Flow (DCF)
Price
$79.19
Fair Value
-$10.88
Undervalued by
827.94%
WDC ($79.19) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
WDC ($79.19) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
WDC is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

WDC price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-15.68x
Industry
38.26x
Market
30.03x

WDC price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
2.55x
Industry
13.98x
WDC is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

WDC's financial health

Profit margin

Revenue
$3.5B
Net Income
$128.0M
Profit Margin
3.3%
WDC's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
WDC's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$23.8B
Liabilities
$12.8B
Debt to equity
1.27
WDC's short-term assets ($7.53B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
WDC's long-term liabilities ($8.75B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
WDC's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
WDC's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$58.0M
Investing
$7.0M
Financing
-$645.0M
WDC's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

WDC vs Computer Hardware Stocks

TickerMarket Cap1d %P/EP/B
WDC$25.86B+3.49%-15.68x2.55x
NTAP$25.88B+0.21%26.53x22.58x
PSTG$21.73B+0.50%334.45x17.11x
STX$21.60B+1.19%-79.12x-11.43x
HPQ$35.52B-0.06%12.10x-38.78x

Western Digital Stock FAQ

What is Western Digital's quote symbol?

(NASDAQ: WDC) Western Digital trades on the NASDAQ under the ticker symbol WDC. Western Digital stock quotes can also be displayed as NASDAQ: WDC.

If you're new to stock investing, here's how to buy Western Digital stock.

What is the 52 week high and low for Western Digital (NASDAQ: WDC)?

(NASDAQ: WDC) Western Digital's 52-week high was $79.84, and its 52-week low was $35.62. It is currently -0.81% from its 52-week high and 122.32% from its 52-week low.

How much is Western Digital stock worth today?

(NASDAQ: WDC) Western Digital currently has 326,524,668 outstanding shares. With Western Digital stock trading at $79.19 per share, the total value of Western Digital stock (market capitalization) is $25.86B.

Western Digital stock was originally listed at a price of $16.00 in Dec 31, 1997. If you had invested in Western Digital stock at $16.00, your return over the last 26 years would have been 394.94%, for an annualized return of 6.34% (not including any dividends or dividend reinvestments).

How much is Western Digital's stock price per share?

(NASDAQ: WDC) Western Digital stock price per share is $79.19 today (as of Jun 12, 2024).

What is Western Digital's Market Cap?

(NASDAQ: WDC) Western Digital's market cap is $25.86B, as of Jun 13, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Western Digital's market cap is calculated by multiplying WDC's current stock price of $79.19 by WDC's total outstanding shares of 326,524,668.
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