Western Digital Corporation Company Profile (NASDAQ:WDC)

About Western Digital Corporation

Western Digital Corporation logoWestern Digital Corporation (Western Digital) is a developer, manufacturer and provider of data storage devices and solutions that address the needs of the information technology (IT) industry and the infrastructure that enables the proliferation of data in virtually every industry. The Company's portfolio of offerings addresses three categories: Datacenter Devices and Solutions (capacity and performance enterprise hard disk drives (HDDs), enterprise solid state drives (SSDs), datacenter software and system solutions); Client Devices (mobile, desktop, gaming and digital video hard drives, client SSDs, embedded products and wafers), and Client Solutions (removable products, hard drive content solutions and flash content solutions). The Company develops and manufactures a portion of the recording heads and magnetic media used in its hard drive products.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Computers & Peripherals
  • Sub-Industry: Computer Storage & Peripherals
  • Exchange: NASDAQ
  • Symbol: WDC
  • CUSIP: 95810210
Key Metrics:
  • Previous Close: $74.90
  • 50 Day Moving Average: $75.33
  • 200 Day Moving Average: $61.52
  • 52-Week Range: $34.99 - $81.67
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 8.08
  • P/E Growth: 4.66
  • Market Cap: $21.45B
  • Outstanding Shares: 288,070,000
  • Beta: 1.47
Profitability:
  • Net Margins: -2.56%
  • Return on Equity: 13.38%
  • Return on Assets: 5.35%
Debt:
  • Debt-to-Equity Ratio: 1.21%
  • Current Ratio: 2.35%
  • Quick Ratio: 1.84%
Additional Links:
Companies Related to Western Digital Corporation:

Analyst Ratings

Consensus Ratings for Western Digital Corporation (NASDAQ:WDC) (?)
Ratings Breakdown: 7 Hold Ratings, 24 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.81)
Consensus Price Target: $82.15 (10.31% upside)

Analysts' Ratings History for Western Digital Corporation (NASDAQ:WDC)
Show:
DateFirmActionRatingPrice TargetDetails
2/10/2017Susquehanna Bancshares IncReiterated RatingPositive$105.00View Rating Details
2/8/2017BMO Capital MarketsReiterated RatingOutperformView Rating Details
1/31/2017Barclays PLCLower Price TargetOverweight$100.00 -> $93.00View Rating Details
1/27/2017Needham & Company LLCBoost Price TargetStrong-Buy$77.00 -> $100.00View Rating Details
1/26/2017FBN SecuritiesUpgradeSector Perform -> OutperformView Rating Details
1/26/2017Maxim GroupLower Price TargetBuy$104.00 -> $93.00View Rating Details
1/26/2017Robert W. BairdReiterated RatingOutperform$80.00 -> $90.00View Rating Details
1/26/2017Benchmark Co.Reiterated RatingBuy$100.00View Rating Details
1/26/2017Goldman Sachs Group, Inc. (The)Boost Price TargetNeutral$68.00 -> $77.00View Rating Details
1/26/2017BTIG ResearchReiterated RatingBuy -> Positive$85.00View Rating Details
1/26/2017Brean CapitalReiterated RatingBuy$100.00View Rating Details
1/26/2017Citigroup Inc.Boost Price TargetBuy$85.00 -> $100.00View Rating Details
1/26/2017Cowen and CompanyBoost Price Target$89.00View Rating Details
1/26/2017MizuhoBoost Price TargetBuy$82.00 -> $92.00View Rating Details
1/26/2017Morgan StanleyBoost Price TargetEqual Weight$68.00 -> $81.00View Rating Details
1/26/2017RBC Capital MarketsBoost Price Target$90.00View Rating Details
1/26/2017Stifel NicolausBoost Price TargetBuy$80.00 -> $105.00View Rating Details
1/24/2017Jefferies Group LLCBoost Price TargetBuy$80.00 -> $90.00View Rating Details
1/4/2017GuggenheimInitiated CoverageBuy$100.00View Rating Details
12/8/2016Wells Fargo & CompanyReiterated RatingOutperform$68.00 -> $73.00View Rating Details
12/8/2016Cross ResearchUpgradeHold -> BuyView Rating Details
12/7/2016Deutsche Bank AGReiterated RatingBuy$68.00 -> $75.00View Rating Details
10/27/2016Bank of America CorpUpgradeUnderperform -> Neutral$59.00 -> $56.52View Rating Details
10/3/2016Royal Bank Of CanadaBoost Price TargetOutperform$60.00 -> $65.00View Rating Details
9/13/2016Longbow ResearchUpgradeNeutral -> Buy$70.00View Rating Details
9/10/2016ArgusReiterated RatingBuy$60.00View Rating Details
9/8/2016Craig HallumBoost Price TargetBuy$56.00 -> $67.00View Rating Details
9/7/2016FBR & CoBoost Price TargetSector Perform$50.00 -> $55.00View Rating Details
7/29/2016J P Morgan Chase & CoBoost Price TargetNeutral$47.00 -> $50.00View Rating Details
7/8/2016Rosenblatt SecuritiesReiterated RatingNeutralView Rating Details
3/28/2016Summit ResearchInitiated CoverageBuy$74.00View Rating Details
2/24/2016MacquarieReiterated RatingNeutral$70.00View Rating Details
1/25/2016Sterne Agee CRTReiterated RatingBuyView Rating Details
1/8/2016KeyCorpReiterated RatingBuyView Rating Details
1/7/2016Pacific CrestReiterated RatingOverweight$100.00View Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for Western Digital Corporation (NASDAQ:WDC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/26/2017        
1/25/2017Q217$2.12$2.30$4.76 billion$4.89 billionViewN/AView Earnings Details
10/26/2016Q117$1.05$1.18$4.51 billion$4.71 billionViewListenView Earnings Details
7/28/2016Q416$0.71$0.79$3.44 billion$3.50 billionViewListenView Earnings Details
4/28/2016Q316$1.29$1.21$2.88 billion$2.82 billionViewListenView Earnings Details
1/28/2016Q216$1.54$1.60$3.37 billion$3.30 billionViewListenView Earnings Details
10/28/2015Q1$1.56$1.56$3.27 billion$3.36 billionViewN/AView Earnings Details
7/29/2015Q415$1.46$1.51$3.35 billion$3.20 billionViewListenView Earnings Details
4/28/2015Q315$1.90$1.87$3.60 billion$3.50 billionViewN/AView Earnings Details
1/27/2015Q215$2.10$2.26$3.83 billion$3.89 billionViewN/AView Earnings Details
10/28/2014Q115$2.03$2.10$3.89 billion$3.90 billionViewN/AView Earnings Details
7/30/2014Q414$1.72$1.85$3.57 billion$3.65 billionViewN/AView Earnings Details
4/30/2014Q314$1.87$1.94$3.73 billion$3.70 billionViewN/AView Earnings Details
1/22/2014Q214$2.07$2.19$3.84 billion$3.97 billionViewN/AView Earnings Details
10/24/2013Q114$2.05$2.05$3.78 billion$3.80 billionViewN/AView Earnings Details
7/24/2013Q4 2013$1.81$1.96$3.62 billion$3.73 billionViewN/AView Earnings Details
4/24/2013Q3 2013$1.76$2.10$3.61 billion$3.76 billionViewN/AView Earnings Details
1/23/2013Q2 2013$1.81$2.09$3.68 billion$3.82 billionViewN/AView Earnings Details
10/22/2012$2.31$2.36ViewN/AView Earnings Details
7/25/2012$2.48$2.87ViewN/AView Earnings Details
4/26/2012$1.55$2.52ViewN/AView Earnings Details
1/23/2012$0.71$1.51ViewN/AView Earnings Details
10/19/2011$0.97$1.10ViewN/AView Earnings Details
7/21/2011$0.66$0.81ViewN/AView Earnings Details
4/20/2011$0.66$0.66ViewN/AView Earnings Details
1/18/2011$0.58$0.96ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Western Digital Corporation (NASDAQ:WDC)
Current Year EPS Consensus Estimate: $8.05 EPS
Next Year EPS Consensus Estimate: $9.22 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164$1.41$1.63$1.54
Q2 20165$1.35$1.65$1.56
Q3 20162$1.88$1.90$1.89
Q4 20161$1.93$1.93$1.93
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Western Digital Corporation (NASDAQ:WDC)
Annual Dividend:$2.00
Dividend Yield:2.69%
Payout Ratio:-133.33% (Based on Trailing 12 Months of Earnings)
24.84% (Based on Current Year Consensus EPS Estimate)
21.69% (Based on Next Year Consensus EPS Estimate)

Dividend History for Western Digital Corporation (NASDAQ:WDC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/1/2017quarterly$0.502.53%3/29/20173/31/20174/17/2017
11/3/2016quarterly$0.503.64%12/28/201612/30/20161/17/2017
8/3/2016quarterly$0.504.51%9/28/20169/30/201610/17/2016
5/4/2016quarterly$0.506/29/20167/1/20167/15/2016
2/10/2016quarterly$0.504.87%3/30/20164/1/20164/15/2016
11/3/2015quarterly$0.502.92%12/29/20151/1/20161/15/2016
8/4/2015quarterly$0.502.36%9/30/201510/2/201510/15/2015
5/5/2015quarterly$0.502.11%6/30/20157/3/20157/15/2015
2/3/2015quarterly$0.501.92%3/31/20154/3/20154/16/2015
11/4/2014quarterly$0.401.63%12/30/20141/2/20151/15/2015
8/5/2014quarterly$0.401.57%10/1/201410/3/201410/15/2014
5/14/2014quarterly$0.401.86%6/25/20146/27/20147/15/2014
2/6/2014quarterly$0.301.42%3/26/20143/28/20144/15/2014
11/13/2013quarterly$0.301.58%12/24/201312/27/20131/15/2014
9/19/2013quarterly$0.251.57%9/26/20139/30/201310/15/2013
5/16/2013quarterly$0.251.65%6/26/20136/28/20137/15/2013
2/14/2013quarterly$0.252.06%3/26/20133/29/20134/15/2013
12/4/2012quarterly$0.2512/14/201212/26/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Western Digital Corporation (NASDAQ:WDC)
Insider Ownership Percentage: 0.46%
Institutional Ownership Percentage: 88.22%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/6/2017Michael D CordanoInsiderSell5,896$79.00$465,784.00View SEC Filing  
1/25/2017Stephen D MilliganCEOSell68,419$77.04$5,270,999.76View SEC Filing  
1/9/2017Michael D CordanoInsiderSell5,896$70.90$418,026.40View SEC Filing  
12/9/2016Manish H. BhatiaEVPSell23,898$67.98$1,624,586.04View SEC Filing  
12/9/2016Sanjay MehrotraDirectorSell100,000$68.08$6,808,000.00View SEC Filing  
12/8/2016Henry T DeneroDirectorSell3,827$69.23$264,943.21View SEC Filing  
12/7/2016Michael D CordanoInsiderSell7,753$66.91$518,753.23View SEC Filing  
12/5/2016Michael D CordanoCOOSell1,857$64.14$119,107.98View SEC Filing  
12/1/2016Michael D. CordanoInsiderSell5,896$65.00$383,240.00View SEC Filing  
12/1/2016Stephen D. MilliganCEOSell67$65.00$4,355.00View SEC Filing  
11/28/2016Michael Charles RayEVPSell5,589$63.11$352,721.79View SEC Filing  
11/14/2016Michael Charles RayEVPSell1,000$60.00$60,000.00View SEC Filing  
11/7/2016Matthew E MassengillDirectorSell2,187$57.31$125,336.97View SEC Filing  
11/7/2016Michael D CordanoInsiderSell889$56.41$50,148.49View SEC Filing  
10/3/2016Michael Charles RayEVPSell6,183$60.00$370,980.00View SEC Filing  
10/3/2016Michael D CordanoInsiderSell18,250$59.15$1,079,487.50View SEC Filing  
9/27/2016Michael Charles RayEVPSell2,719$58.63$159,414.97View SEC Filing  
9/21/2016Michael D CordanoInsiderSell7,185$54.50$391,582.50View SEC Filing  
5/31/2016Stephen D MilliganCEOBuy22,500$45.53$1,024,425.00View SEC Filing  
12/7/2015Michael Charles RayEVPSell1,863$63.59$118,468.17View SEC Filing  
11/17/2015Michael Charles RayEVPSell1,359$61.58$83,687.22View SEC Filing  
11/2/2015Stephen D MilliganCEOSell6,239$66.33$413,832.87View SEC Filing  
10/19/2015Mark P. LongEVPSell878$82.23$72,197.94View SEC Filing  
9/30/2015Michael D CordanoInsiderSell2,849$80.00$227,920.00View SEC Filing  
9/25/2015Stephen D MilliganCEOSell2,291$71.29$163,325.39View SEC Filing  
9/21/2015Stephen D. MilliganCEOSell7,712$76.90$593,052.80View SEC Filing  
9/17/2015Michael Charles RayVPSell1,825$80.77$147,405.25View SEC Filing  
9/15/2015Mark P. LongEVPSell2,230$81.05$180,741.50View SEC Filing  
9/14/2015Michael Charles RayVPSell1,114$81.10$90,345.40View SEC Filing  
9/14/2015Olivier LeonettiCFOSell4,463$81.10$361,949.30View SEC Filing  
9/14/2015Stephen D. MilliganCEOSell15,114$80.53$1,217,130.42View SEC Filing  
9/11/2015Michael D. CordanoinsiderSell16,011$80.49$1,288,725.39View SEC Filing  
9/9/2015Michael Charles RayVPSell3,196$83.86$268,016.56View SEC Filing  
9/8/2015Michael Charles RayVPSell1,863$81.73$152,262.99View SEC Filing  
8/19/2015Michael D. CordanoinsiderSell14,234$82.02$1,167,472.68View SEC Filing  
8/17/2015Mark P LongEVPSell4,946$82.02$405,670.92View SEC Filing  
8/17/2015Michael Charles RayVPSell3,469$82.02$284,527.38View SEC Filing  
6/26/2015Stephen D MilliganCEOSell2,291$85.11$194,987.01View SEC Filing  
6/19/2015Stephen D MilliganCEOSell13,876$91.56$1,270,486.56View SEC Filing  
6/18/2015James J MurphyInsiderSell6,829$92.38$630,863.02View SEC Filing  
6/16/2015Michael Charles RayVPSell4,021$91.48$367,841.08View SEC Filing  
6/9/2015Michael D CordanoInsiderSell9,742$94.38$919,449.96View SEC Filing  
6/8/2015Michael D CordanoInsiderSell8,374$94.86$794,357.64View SEC Filing  
6/2/2015James J MurphyInsiderSell6,235$97.00$604,795.00View SEC Filing  
5/26/2015Stephen D MilliganCEOSell6,786$93.52$634,626.72View SEC Filing  
5/18/2015Michael Charles RayVPSell2,726$97.21$264,994.46View SEC Filing  
5/18/2015Michael D CordanoInsiderSell7,452$97.85$729,178.20View SEC Filing  
5/7/2015James J MurphyInsiderSell6,498$95.40$619,909.20View SEC Filing  
4/15/2015Mark P LongEVPSell1,890$97.30$183,897.00View SEC Filing  
4/13/2015Michael D CordanoInsiderSell8,152$96.76$788,787.52View SEC Filing  
3/20/2015Stephen D MilliganCEOSell32,162$99.52$3,200,762.24View SEC Filing  
3/17/2015Mark P LongEVPSell1,887$97.53$184,039.11View SEC Filing  
3/17/2015Michael Charles RayVPSell3,688$97.53$359,690.64View SEC Filing  
3/6/2015Michael D CordanoInsiderSell5,896$104.77$617,723.92View SEC Filing  
3/4/2015James J MurphyInsiderSell12,824$105.00$1,346,520.00View SEC Filing  
2/23/2015Michael D CordanoInsiderSell5,057$111.47$563,703.79View SEC Filing  
2/18/2015Thomas E PardunDirectorSell6,000$107.50$645,000.00View SEC Filing  
2/17/2015Mark P LongEVPSell4,707$105.50$496,588.50View SEC Filing  
2/17/2015Michael Charles RayVPSell2,725$105.50$287,487.50View SEC Filing  
2/17/2015Michael D CordanoInsiderSell2,394$106.69$255,415.86View SEC Filing  
2/17/2015Stephen D MilliganCEOSell5,664$106.12$601,063.68View SEC Filing  
1/12/2015Michael D CordanoInsiderSell8,806$110.74$975,176.44View SEC Filing  
12/17/2014Michael Charles RayVPSell3,688$104.84$386,649.92View SEC Filing  
12/8/2014Michael D CordanoInsiderSell8,375$104.55$875,606.25View SEC Filing  
12/4/2014Thomas E PardunDirectorSell13,789$103.63$1,428,954.07View SEC Filing  
11/25/2014James J MurphyInsiderSell35,500$103.51$3,674,605.00View SEC Filing  
11/18/2014Henry T DeneroDirectorSell4,000$100.26$401,040.00View SEC Filing  
11/18/2014Mark P LongEVPSell5,663$99.56$563,808.28View SEC Filing  
11/18/2014Stephen D MilliganCEOSell5,664$100.00$566,400.00View SEC Filing  
11/17/2014Michael Charles RayVPSell2,725$97.57$265,878.25View SEC Filing  
11/17/2014Michael D CordanoInsiderSell7,453$98.10$731,139.30View SEC Filing  
11/11/2014Matthew E MassengillDirectorSell2,639$97.18$256,458.02View SEC Filing  
11/5/2014Matthew E MassengillDirectorSell1,575$100.62$158,476.50View SEC Filing  
9/29/2014Stephen D MilliganCEOSell15,996$95.88$1,533,696.48View SEC Filing  
9/19/2014Stephen D MilliganCEOSell13,875$99.10$1,375,012.50View SEC Filing  
9/18/2014Michael Charles RayVPSell12,384$97.88$1,212,145.92View SEC Filing  
9/8/2014Michael D CordanoInsiderSell9,092$100.84$916,837.28View SEC Filing  
8/21/2014Michael D LambertDirectorSell14,352$100.37$1,440,510.24View SEC Filing  
8/18/2014Michael Charles RayVPSell6,822$101.01$689,090.22View SEC Filing  
8/18/2014Michael D CordanoInsiderSell7,003$100.49$703,731.47View SEC Filing  
8/12/2014Henry T DeneroDirectorSell2,558$100.11$256,081.38View SEC Filing  
8/6/2014Michael D CordanoInsiderSell6,188$101.20$626,225.60View SEC Filing  
8/6/2014Thomas E PardunDirectorSell8,000$102.00$816,000.00View SEC Filing  
8/4/2014Kathleen A CoteDirectorSell7,909$101.20$800,390.80View SEC Filing  
8/1/2014William L KimseyDirectorSell2,120$100.00$212,000.00View SEC Filing  
7/25/2014Stephen D MilliganCEOSell15,996$99.44$1,590,642.24View SEC Filing  
6/23/2014Michael D CordanoInsiderSell4,059$91.22$370,261.98View SEC Filing  
6/19/2014Stephen D MilliganCEOSell13,877$92.12$1,278,349.24View SEC Filing  
6/18/2014Michael Charles RayVPSell9,060$91.45$828,537.00View SEC Filing  
6/17/2014William L KimseyDirectorSell8,277$92.00$761,484.00View SEC Filing  
6/10/2014James J MurphyInsiderSell7,013$90.24$632,853.12View SEC Filing  
6/6/2014Michael D CordanoInsiderSell5,896$92.21$543,670.16View SEC Filing  
5/27/2014James J MurphyInsiderSell7,655$87.21$667,592.55View SEC Filing  
5/19/2014Stephen MilliganCEOSell5,445$85.30$464,458.50View SEC Filing  
5/16/2014Michael CordanoInsiderSell4,772$85.08$406,001.76View SEC Filing  
5/14/2014Mark LongEVPSell2,629$83.72$220,099.88View SEC Filing  
4/25/2014Michael Charles RayVPSell6,016$89.20$536,627.20View SEC Filing  
3/20/2014James MurphyInsiderSell12,464$87.98$1,096,582.72View SEC Filing  
3/20/2014Stephen MilliganCEOSell17,959$86.52$1,553,812.68View SEC Filing  
3/5/2014Kathleen CoteDirectorSell6,911$88.75$613,351.25View SEC Filing  
2/14/2014Mark LongEVPSell13,311$86.44$1,150,602.84View SEC Filing  
1/24/2014Michael Charles RayVPSell6,016$86.08$517,857.28View SEC Filing  
12/23/2013Michael CordanoInsiderSell2,859$83.45$238,583.55View SEC Filing  
12/19/2013Stephen MilliganCEOSell7,713$81.49$628,532.37View SEC Filing  
12/18/2013James MurphyInsiderSell6,217$81.25$505,131.25View SEC Filing  
12/6/2013James MurphyInsiderSell6,246$78.72$491,685.12View SEC Filing  
12/6/2013Stephen MilliganCEOSell6,164$77.59$478,264.76View SEC Filing  
11/18/2013Michael CordanoInsiderSell2,396$74.96$179,604.16View SEC Filing  
11/14/2013William KimseyDirectorSell11,414$74.77$853,424.78View SEC Filing  
11/13/2013Kathleen CoteDirectorSell10,000$72.22$722,200.00View SEC Filing  
11/12/2013William KimseyDirectorSell14,912$72.27$1,077,690.24View SEC Filing  
11/11/2013Henry DeneroDirectorSell31,314$71.12$2,227,051.68View SEC Filing  
10/28/2013Wolfgang U NicklCFOSell21,353$72.55$1,549,160.15View SEC Filing  
10/21/2013Michael D CordanoInsiderSell2,860$71.80$205,348.00View SEC Filing  
9/10/2013Wolfgang U NicklCFOSell20,043$65.65$1,315,822.95View SEC Filing  
9/6/2013Michael D CordanoInsiderSell23,584$64.95$1,531,780.80View SEC Filing  
9/6/2013Stephen D MilliganCEOSell24,655$65.10$1,605,040.50View SEC Filing  
8/21/2013Michael CordanoInsiderSell2,859$64.85$185,406.15View SEC Filing  
8/16/2013Michael CordanoInsiderSell2,395$65.86$157,734.70View SEC Filing  
8/16/2013Stephen MilliganCEOSell7,983$66.21$528,554.43View SEC Filing  
7/8/2013Stephen D MilliganCEOSell7,713$65.00$501,345.00View SEC Filing  
6/21/2013Michael D CordanoInsiderSell11,958$61.65$737,210.70View SEC Filing  
6/12/2013Stephen D MilliganCEOSell30,851$65.00$2,005,315.00View SEC Filing  
5/15/2013Henry T DeneroDirectorSell5,000$59.52$297,600.00View SEC Filing  
5/14/2013Thomas E PardunDirectorSell9,185$59.00$541,915.00View SEC Filing  
5/9/2013Michael D LambertDirectorSell24,107$57.34$1,382,295.38View SEC Filing  
4/30/2013William L KimseyDirectorSell3,750$55.00$206,250.00View SEC Filing  
2/14/2013Kathleen A CoteDirectorSell29,243$48.71$1,424,426.53View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Western Digital Corporation (NASDAQ:WDC)
DateHeadline
News IconReliable stocks in today's share market: Western Digital Corporation (NASDAQ:WDC) (NASDAQ:WDC)
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finance.yahoo.com logoTop Ranked Income Stocks to Buy for February 21st (NASDAQ:WDC)
finance.yahoo.com - February 21 at 4:09 PM
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News IconWestern Digital Corporation Valuation – February 2017 $WDC (NASDAQ:WDC)
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www.thestockobserver.com - February 18 at 11:20 AM
News IconAnalysts Estimates and Ratings: Western Digital Corporation (NASDAQ:WDC) (NASDAQ:WDC)
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News IconThe Recent Analysts' Ratings Updates for Western Digital Corporation (WDC) (NASDAQ:WDC)
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thestreet.com logoToshiba's Chip Unit Sale Might Be Too Expensive for Western Digital Now (NASDAQ:WDC)
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stocknewsjournal.com - February 17 at 7:16 AM
finance.yahoo.com logoToshiba Memory-Chip Unit Is Alluring Target But Not an Easy Sell (NASDAQ:WDC)
finance.yahoo.com - February 17 at 7:16 AM
News IconROA of Western Digital Corporation (NASDAQ:WDC) stands at -1 (NASDAQ:WDC)
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feeds.benzinga.com logoPaul Singer's Latest 13F Shows Big Change In Apple, Western Digital (NASDAQ:WDC)
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seekingalpha.com logoWestern Digital Is Having Growing Pains After Takeover Of SanDisk - Seeking Alpha (NASDAQ:WDC)
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marketrealist.com logoBuying Toshiba’s Memory Business May Transform Western Digital (NASDAQ:WDC)
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News IconWestern Digital Corporation (NASDAQ:WDC) Bearish Target At $105 - Stock Observer (NASDAQ:WDC)
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News IconShares of Western Digital Corporation (WDC) Sees Large Inflow of Net Money Flow - Highland Mirror (NASDAQ:WDC)
www.highlandmirror.com - February 14 at 7:03 AM
News IconWestern Digital Corporation (NASDAQ:WDC) EPS Estimate At $1.625 - Transcript Daily (NASDAQ:WDC)
transcriptdaily.com - February 13 at 12:22 AM
finance.yahoo.com logoWESTERN DIGITAL CORP Financials (NASDAQ:WDC)
finance.yahoo.com - February 12 at 7:03 AM
wsj.com logo[$$] Toshiba Seeking Multiple Buyers for Chip Business Stake (NASDAQ:WDC)
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News IconHow Does the Chart Look for Western Digital Corporation (WDC) ? - The USA Commerce (NASDAQ:WDC)
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News IconThe Western Digital Corporation (WDC) - Investment Analysts' Weekly Ratings Updates (NASDAQ:WDC)
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News IconLeading stocks in today’s market: Western Digital Corporation (NASDAQ:WDC) (NASDAQ:WDC)
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News IconWestern Digital Corporation (NASDAQ:WDC) Shows Long Term Growth Rate of 0.02 (NASDAQ:WDC)
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News IconWestern Digital Corporation (NASDAQ:WDC): Up to Date Analyst Ratings (NASDAQ:WDC)
techknowbits.com - February 10 at 6:36 AM
us.rd.yahoo.com logoToday's Reports on Trending Tickers: Tesla and Western Digital (NASDAQ:WDC)
us.rd.yahoo.com - February 10 at 6:36 AM
biz.yahoo.com logoWESTERN DIGITAL CORP Files SEC form 8-K, Change in Directors or Principal Officers, Regulation FD Disclosure, Financi (NASDAQ:WDC)
biz.yahoo.com - February 10 at 6:36 AM
News IconLarge Buying Action and Inflow of Money Witnessed in Western Digital Corporation - Highland Mirror (NASDAQ:WDC)
www.highlandmirror.com - February 9 at 6:39 AM
biz.yahoo.com logoWESTERN DIGITAL CORP Files SEC form 10-Q, Quarterly Report (NASDAQ:WDC)
us.rd.yahoo.com - February 9 at 6:39 AM
sg.finance.yahoo.com logoToshiba receives bids as high as $3.6 billion for chip business stake - source (NASDAQ:WDC)
sg.finance.yahoo.com - February 9 at 6:39 AM
thestreet.com logoToshiba's Pain Could Be Western Digital's Long-Term Gain (NASDAQ:WDC)
www.thestreet.com - February 7 at 9:03 PM
News IconWD Announces SanDisk Skyhawk NVMe SSD Series (NASDAQ:WDC)
www.storagereview.com - February 7 at 4:02 PM
News IconWD Adds New SanDisk Skyhawk NVMe PCIe SSDs for Enterprise (NASDAQ:WDC)
www.legitreviews.com - February 7 at 4:02 PM
us.rd.yahoo.com logo[$$] Bidders line up for Toshiba's chip business (NASDAQ:WDC)
us.rd.yahoo.com - February 7 at 4:02 PM
us.rd.yahoo.com logoWestern Digital Corporation Announces Results of the Registered Exchange Offer for Its 10.500% Senior Notes Due 2024 (NASDAQ:WDC)
us.rd.yahoo.com - February 7 at 4:02 PM
istreetwire.com logoTraders Watch list: Western Digital Corporation (WDC), SunTrust Banks, Inc. (STI), ONEOK Partners, LP (OKS) - iStreetWire (NASDAQ:WDC)
istreetwire.com - February 7 at 4:02 PM
marketexclusive.com logoWestern Digital Corporation (NASDAQ:WDC) Files An 8-K Other Events - Market Exclusive (NASDAQ:WDC)
marketexclusive.com - February 7 at 4:02 PM
businesswire.com logoWestern Digital Corporation Announces Results of the Registered Exchange Offer for Its 10.500% Senior Notes Due ... - Business Wire (press release) (NASDAQ:WDC)
www.businesswire.com - February 7 at 4:02 PM
insidermonkey.com logoHazelton Capital Partners’ Top 2 Positions and One Stock It Sold Last Quarter (NASDAQ:WDC)
www.insidermonkey.com - February 7 at 4:02 PM
finance.yahoo.com logoBig Names and Big Gains (NASDAQ:WDC)
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What is Western Digital Corporation's stock symbol?

Western Digital Corporation trades on the NASDAQ under the ticker symbol "WDC."

How often does Western Digital Corporation pay dividends? What is the dividend yield for Western Digital Corporation?

Western Digital Corporation declared a quarterly dividend on Wednesday, February 1st. Stockholders of record on Friday, March 31st will be paid a dividend of $0.50 per share on Monday, April 17th. This represents a $2.00 annualized dividend and a dividend yield of 2.69%. The ex-dividend date is Wednesday, March 29th.

Where is Western Digital Corporation's stock going? Where will Western Digital Corporation's stock price be in 2017?

32 analysts have issued 1 year target prices for Western Digital Corporation's shares. Their predictions range from $50.00 to $105.00. On average, they expect Western Digital Corporation's stock price to reach $82.15 in the next year.

When will Western Digital Corporation announce their earnings?

Western Digital Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, April, 26th 2017.

What are analysts saying about Western Digital Corporation stock?

Here are some recent quotes from research analysts about Western Digital Corporation stock:

  • Susquehanna Bancshares Inc analysts commented, "The key takeaway relative to our coverage from Toshiba's report earlier today is the company's willingness to entertain offers for a majority stake in its Memory business, which is a departure in strategy from Toshiba's prior commentary on its 1/27 call that it would be focused on a minority stake sale (up to 20%). Given the size of Toshiba's write down associated with its US nuclear business coming in at the high end of expectations (~712B Yen vs. expected range of 500B-700B), this clearly indicates that Toshiba is entertaining the sale of a larger % of its successful Memory business in order to raise more funding for the parent company. For WDC, it remains unclear if WDC possesses any veto power on a majority stake sale given that the Memory business has been split off from the parent company, and a majority equity stake sale would likely be considered a change of control as it pertains to Toshiba's stake in the JV. Said another way, while we believe WDC has a say in any change in JV strategy or makeup, we do not believe WDC would be able to veto any change of control situation within Toshiba's Memory business." (2/10/2017)
  • Benchmark Co. analysts commented, "We attribute the margin improvement primarily to lower costs, on-going restructuring efforts and strength in NAND flash pricing." (1/26/2017)

  • Jefferies Group LLC analysts commented, "WDC held its first Analyst day in 4 years (the same interval as the Olympics). The long-term financial model and growth expectations were a bit better than we expected. WDC also positively pre-announced Q2 and announced it was shipping 64-Layer 3D NAND commercially." (12/7/2016)

  • According to Zacks Investment Research, "Western Digital is likely to benefit from the improving prices of NAND chips as the company has forayed into this space with the acquisition of SanDsik. Off late, NAND prices have improved primarily due to a better product mix optimization and stronger-than-expected demand for servers and mobiles. Moreover, industry experts believe that total demand could surpass manufacturing capacity, leading to a periodic shortage and higher pricing in the near term. We believe that any increase in prices will have a favorable impact on the company’s top line, the benefit of which is likely to flow down to the bottom line. Meanwhile, estimates have been going up ahead of the company's Q1 earnings release. However, stiff competition from other major players still remains cause of concern. Gartner’s latest prediction regarding PC shipments casts a shadow on the stock’s future performance." (10/19/2016)

  • Longbow Research analysts commented, "The Sandisk deal was expensive, dilutive to near-term models, and took time for the Street to digest; but WD is now primed to reap the spoils as a one-stop, vertically-integrated, media-agnostic storage provider that should generate substantial earnings accretion in FY18 on the favorable demand backdrop combined with reductions in operating and interest expense. Our 12-month target price is $70, or less than 12x our FY18E EPS estimate of $5.90." (9/13/2016)

Who owns Western Digital Corporation stock?

Western Digital Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include State Street Corp (5.20%), FMR LLC (2.01%), Franklin Resources Inc. (1.40%), Dimensional Fund Advisors LP (1.04%), FIL Ltd (0.80%) and TCW Group Inc. (0.73%). Company insiders that own Western Digital Corporation stock include Henry T Denero, James J Murphy, Manish H Bhatia, Mark P Long, Matthew E Massengill, Michael Charles Ray, Michael D Cordano, Olivier Leonetti, Sanjay Mehrotra and Stephen D Milligan.

Who sold Western Digital Corporation stock? Who is selling Western Digital Corporation stock?

Western Digital Corporation's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Franklin Resources Inc., Alyeska Investment Group L.P., FIL Ltd, Aberdeen Asset Management PLC UK, Systematic Financial Management LP, AQR Capital Management LLC and Zurich Insurance Group Ltd FI. Company insiders that have sold Western Digital Corporation stock in the last year include Henry T Denero, Manish H Bhatia, Matthew E Massengill, Michael Charles Ray, Michael D Cordano, Sanjay Mehrotra and Stephen D Milligan.

Who bought Western Digital Corporation stock? Who is buying Western Digital Corporation stock?

Western Digital Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Iridian Asset Management LLC CT, Viking Global Investors LP, State Street Corp, Tourbillon Capital Partners L.P., Credit Agricole S A, Fred Alger Management Inc., Asset Management One Co. Ltd. and Dimensional Fund Advisors LP.

How do I buy Western Digital Corporation stock?

Shares of Western Digital Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Western Digital Corporation stock cost?

One share of Western Digital Corporation stock can currently be purchased for approximately $74.47.

Western Digital Corporation (NASDAQ:WDC) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Western Digital Corporation (NASDAQ:WDC)

Earnings History Chart

Earnings by Quarter for Western Digital Corporation (NASDAQ:WDC)

Dividend History Chart

Dividend Payments by Quarter for Western Digital Corporation (NASDAQ:WDC)

Last Updated on 2/23/2017 by MarketBeat.com Staff