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Western Digital (GB:0QZF)
LSE:0QZF
Holding GB:0QZF?
Track your performance easily
0QZF Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$35.73 - $81.55
Previous Close$64.84
Volume2.12K
Average Volume (3M)6.88K
Market Cap
$22.13B
Enterprise Value$28.00B
Total Cash (Recent Filing)$1.89B
Total Debt (Recent Filing)$7.77B
Price to Earnings (P/E)―
Beta1.49
Next Earnings
Oct 24, 2024EPS Estimate
$1.71Last Dividend Ex-Date
Apr 02, 2020Dividend YieldN/A
Share Statistics
EPS (TTM)-1.88
Shares Outstanding343,451,583
10 Day Avg. Volume2,706
30 Day Avg. Volume6,877
Standard Deviation0.13
R-Squared0.23
Alpha0.00530
Financial Highlights & Ratios
Price to Book (P/B)2.14
Price to Sales (P/S)1.90
Price to Cash Flow (P/CF)97.50
P/FCF Ratio191.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.03
Enterprise Value/Gross Profit14.84
Enterprise Value/Ebitda2.00K
Forecast
1Y Price Target
$90.00Price Target Upside38.80% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering17
Western Digital News
PremiumMarket News
SPY ETF Update, 8/28/2024 
PremiumMarket News
SPY ETF Update, 8/26/2024 Bulls Say, Bears Say
Bulls Say
Industry Demand DynamicsConstructive HDD demand dynamics and favorable NAND industry demand dynamics are buoyed by nascent Enterprise SSD demand and rational capacity.
Investment And Job CreationWD is considering constructing a major fab in Michigan, a $55 billion investment backed by CHIPS Act and state funding, potentially creating 10,000 jobs.
Technological LeadershipWestern Digital believes their leadership in ultraSMR and ePMR technologies can drive a continued cost and margin advantage.
Bears Say
Financial PerformanceEPS estimates have been reduced by approximately 8%, resulting in a revised target price of $85.
Market DemandWeaker-than-expected mobile and PC demand has led to a revision down of 2024 and 2025 NAND ASP growth forecasts.
Operational CostsThe escalating cost of increasing 3D NAND layer count, including additional clean room needed to offset increased manufacturing steps, have surpassed the cost declines.
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Options Prices
Currently, No data available
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Ownership Overview
5.49% Insiders
26.37% Mutual Funds
44.58% Other Institutional Investors
23.55% Public Companies and
Individual Investors
0QZF FAQ
What was Western Digital’s price range in the past 12 months?
Western Digital lowest share price was $35.73 and its highest was $81.55 in the past 12 months.
What is Western Digital’s market cap?
Currently, no data Available
When is Western Digital’s upcoming earnings report date?
Western Digital’s upcoming earnings report date is Oct 24, 2024 which is in 35 days.
How were Western Digital’s earnings last quarter?
Western Digital released its earnings results on Jul 31, 2024. The company reported $1.44 earnings per share for the quarter, beating the consensus estimate of $1.181 by $0.259.
Is Western Digital overvalued?
According to Wall Street analysts Western Digital’s price is currently Undervalued.
Does Western Digital pay dividends?
Western Digital pays a Thriceyearly dividend of $0.5 which represents an annual dividend yield of N/A. See more information on Western Digital dividends here
What is Western Digital’s EPS estimate?
Western Digital’s EPS estimate is $1.71.
How many shares outstanding does Western Digital have?
Western Digital has 343,451,570 shares outstanding.
What happened to Western Digital’s price movement after its last earnings report?
Western Digital reported an EPS of $1.44 in its last earnings report, beating expectations of $1.181. Following the earnings report the stock price went down -8.607%.
Which hedge fund is a major shareholder of Western Digital?
Among the largest hedge funds holding Western Digital’s share is Slate Path Capital LP. It holds Western Digital’s shares valued at 288M.
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Western Digital Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$90.00 (38.80% Upside)
$90.00 (38.80% Upside)
Blogger Sentiment
Bullish
GB:0QZF Sentiment 92%
Sector Average 66%
Sector Average 66%
Insider Transactions
Sold Shares
Worth $693.8K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
51.12%
12-Months-Change
Fundamentals
Return on Equity
-4.68%
Trailing 12-Months
Asset Growth
-0.99%
Trailing 12-Months
Company Description
Western Digital
Western Digital Corp. engages in the development, manufacture, market and sale of data storage devices and solutions. It operates through the following product categories: client devices, data center devices and solutions, and client solutions. The client devices category includes mobile, desktop, gaming and digital video hard drives, solid state drives (SSDs), embedded products, and wafers. The data center devices and solutions category covers capacity and performance enterprise hard disk drives (HDDs), enterprise SSDs, data center software, and system solutions. The client solutions category offers removable products, hard drive content solutions, and flash content solutions. The company was founded by Alvin B. Phillips in 1970 and is headquartered in San Jose, CA.
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0QZF Company Deck
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0QZF Earnings Call
Q4 2024
0:00 / 0:00
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0QZF Revenue Breakdown
50.78% HDD
49.22% Flash
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0QZF Stock 12 Month Forecast
Average Price Target
$90.00
▲(38.80% Upside)
Technical Analysis
Best Analysts Covering 0QZF
1 Year
1 Year Success Rate
19/34 ratings generated profit
1 Year Average Return
+15.24%
assigned a buy rating 2 months ago
Copying Tristan Gerra's trades and holding each position for 1 Year would result in 55.88% of your transactions generating a profit, with an average return of +15.24% per trade.
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