Western Digital Stock Today

WDC Stock  USD 49.07  2.87  5.53%   

Performance

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Odds Of Distress

Below Average

 
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Western Digital is trading at 49.07 as of the 25th of February 2025, a 5.53% down since the beginning of the trading day. The stock's open price was 51.94. Western Digital has about a 32 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 26th of January 2025 and ending today, the 25th of February 2025. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
2nd of January 1987
Category
Technology
Classification
Information Technology
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. Western Digital Corporation was founded in 1970 and is headquartered in San Jose, California. The company has 347.82 M outstanding shares of which 24.19 M shares are at this time shorted by investors with about 3.64 days to cover. More on Western Digital
Follow Valuation Options Odds of Bankruptcy
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Western Stock Highlights

ESG Sustainability
Environmental
Governance
Social
PresidentMichael Ray
Thematic Ideas
Showing 3 out of 5 themes
Old Names[Iconic Labs Plc, Western Digital Corporation]
Business ConcentrationTechnology Hardware, Storage & Peripherals, Technology Hardware & Equipment, Information Technology, SP 500 Index, Nasdaq 100 Total, ARCA Computer Technology, NASDAQ Composite, NASDAQ Composite Total, ISP, Computers, IT, Tech Growth, Macroaxis Picks, Information Technology, Technology Hardware, Storage & Peripherals, Computer Hardware, Technology, Cloud Computing (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.480.5042
Notably Down
Slightly volatile
Gross Profit Margin0.180.1532
Fairly Up
Pretty Stable
Total Current Liabilities7.4 BB
Sufficiently Up
Slightly volatile
Non Current Liabilities Total8.5 B8.1 B
Sufficiently Up
Slightly volatile
Total Assets29.2 B27.8 B
Sufficiently Up
Slightly volatile
Total Current Assets9.7 B9.3 B
Sufficiently Up
Slightly volatile
Debt Levels
Western Digital can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Western Digital's financial leverage. It provides some insight into what part of Western Digital's total assets is financed by creditors.
Liquidity
Western Digital has 7.43 B in debt with debt to equity (D/E) ratio of 0.61, which is OK given its current industry classification. Western Digital has a current ratio of 1.79, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Western to invest in growth at high rates of return.

Change In Cash

(123.12 Million)
Western Digital (WDC) is traded on NASDAQ Exchange in USA. It is located in 5601 Great Oaks Parkway, San Jose, CA, United States, 95119 and employs 51,000 people. Western Digital is listed under Technology Hardware, Storage & Peripherals category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 17.05 B. Western Digital runs under Technology Hardware, Storage & Peripherals sector within Information Technology industry. The entity has 347.82 M outstanding shares of which 24.19 M shares are at this time shorted by investors with about 3.64 days to cover. Western Digital has about 2.05 B in cash with (294 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.45.
Check Western Digital Probability Of Bankruptcy
Ownership Allocation
Western Digital retains a total of 347.82 Million outstanding shares. The majority of Western Digital outstanding shares are owned by institutional investors. These institutions are usually referred to as non-private investors looking to purchase positions in Western Digital to benefit from reduced commissions. Consequently, other corporate entities are subject to a different set of regulations than regular investors in Western Digital. Please pay attention to any change in the institutional holdings of Western Digital as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Western Ownership Details

Western Stock Institutional Holders

InstituionRecorded OnShares
Ameriprise Financial Inc2024-12-31
6.6 M
Norges Bank2024-12-31
5.9 M
Morgan Stanley - Brokerage Accounts2024-12-31
4.9 M
Ubs Asset Mgmt Americas Inc2024-12-31
4.6 M
Amvescap Plc.2024-12-31
M
Northern Trust Corp2024-12-31
3.4 M
Nuveen Asset Management, Llc2024-09-30
3.3 M
Alliancebernstein L.p.2024-12-31
3.3 M
Holocene Advisors, Lp2024-12-31
M
Vanguard Group Inc2024-12-31
42.5 M
Jpmorgan Chase & Co2024-09-30
36.5 M
View Western Digital Diagnostics

Western Digital Historical Income Statement

At present, Western Digital's Total Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 503.5 M, whereas Depreciation And Amortization is forecasted to decline to about 572.3 M. View More Fundamentals

Western Stock Against Markets

Western Digital Corporate Management

David GoeckelerCEO DirectorProfile
Gene ZamiskaSenior OfficerProfile
David TangSenior MarketingProfile
Jerald KageleExecutive OfficerProfile

Already Invested in Western Digital?

The danger of trading Western Digital is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Western Digital is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Western Digital. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Western Digital is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Western Digital is a strong investment it is important to analyze Western Digital's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Western Digital's future performance. For an informed investment choice regarding Western Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Digital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Western Stock refer to our How to Trade Western Stock guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Western Digital. If investors know Western will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Western Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.96)
Earnings Share
3.46
Revenue Per Share
46.363
Quarterly Revenue Growth
(0.41)
Return On Assets
0.0618
The market value of Western Digital is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Digital's value that differs from its market value or its book value, called intrinsic value, which is Western Digital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Western Digital's market value can be influenced by many factors that don't directly affect Western Digital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Western Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Digital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.