WDC:NSD-Western Digital Corporation (USD)

COMMON STOCK | Computer Hardware |

Last Closing

USD 65.88

Change

0.00 (0.00)%

Market Cap

USD 23.17B

Volume

3.82M

Analyst Target

USD 51.49
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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, artificial intelligence-related workloads, 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, 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.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-11-03 )

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ETFs Containing WDC

IDAT Ishares Trust - Cloud Dat.. 2.94 % 0.00 %

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USD 7.48M
QQJE:CA Invesco ESG NASDAQ Next G.. 2.45 % 0.00 %

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CAD 0.99M
QQJG Invesco ESG NASDAQ Next G.. 2.44 % 0.00 %

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USD 5.69M
AIEQ Amplify ETF Trust 2.19 % 0.75 %

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USD 0.11B
MRND 2.14 % 0.00 %

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JNDQ:AU BETAJNDQ ETF UNITS 1.71 % 0.00 %

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EQQJ:SW Invesco NASDAQ Next Gener.. 1.70 % 0.00 %

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EQQJ:LSE Invesco NASDAQ Next Gener.. 1.54 % 0.00 %

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FCTR 1.53 % 0.00 %

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EQQJ:XETRA Invesco NASDAQ Next Gener.. 1.52 % 0.00 %

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USD 0.05B
QQQJ Invesco NASDAQ Next Gen 1.. 1.50 % 0.00 %

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USD 0.63B
SDHY:SW iShares $ Short Duration .. 1.08 % 0.00 %

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USD 0.85B
SYBK:F SSgA SPDR ETFs Europe I p.. 0.78 % 0.00 %

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USD 0.14B
SYBK:XETRA SPDR Barclays 0-5 Year US.. 0.78 % 0.00 %

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USD 0.13B
SJNK:SW SPDR® Bloomberg SASB U.S.. 0.78 % 0.00 %

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USD 0.18B
LYXE:F Lyxor BofAML USD High Yie.. 0.47 % 0.00 %

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USD 0.07B
LYXE:XETRA Amundi USD High Yield Cor.. 0.47 % 0.00 %

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USD 0.18B
LYX8:XETRA Amundi USD High Yield Cor.. 0.47 % 0.00 %

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USD 0.18B
USHYC:SW Amundi USD High Yield Cor.. 0.47 % 0.00 %

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USD 0.02B
BKLN Invesco Senior Loan ETF 0.00 % 0.63 %

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USD 7.50B
DVYL 0.00 % 0.00 %

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PHB Invesco Fundamental High .. 0.00 % 0.50 %

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RYT 0.00 % 0.40 %

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SCHM Schwab U.S. Mid-Cap ETF 0.00 % 0.05 %

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DXG:CA Dynamic Active Global Div.. 0.00 % 0.82 %

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DXU:CA Dynamic Active U.S. Divid.. 0.00 % 0.82 %

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SDHG:LSE iShares IV Public Limited.. 0.00 % 0.00 %

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Market Performance

  Market Performance vs. Industry/Classification (Computer Hardware) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 25.80% 75% C 70% C-
Dividend Return N/A N/A N/A N/A N/A
Total Return 25.80% 75% C 70% C-
Trailing 12 Months  
Capital Gain 53.17% 83% B 73% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 53.17% 83% B 73% C
Trailing 5 Years  
Capital Gain 21.68% 75% C 61% D-
Dividend Return N/A N/A N/A N/A N/A
Total Return 21.68% 75% C 61% D-
Average Annual (5 Year Horizon)  
Capital Gain 16.57% 50% F 70% C-
Dividend Return 16.70% 50% F 69% C-
Total Return 0.13% 43% F 6% D-
Risk Return Profile  
Volatility (Standard Deviation) 45.58% 67% D+ 41% F
Risk Adjusted Return 36.63% 75% C 68% D+
Market Capitalization 23.17B 95% A 96% N/A

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector