Western Digital Corporation (WDC) Stock

Western Digital Corporation trades at a P/E ratio of 21.67, which is near the market average of approximately 20, suggesting the market views it as fairly valued relative to its earnings. Looking ahead, the forward P/E of 11.48 is lower than the current P/E, indicating analysts expect earnings to grow over the next year. The PEG ratio of 490.33 indicates a premium valuation even accounting for growth.

With a beta of 1.54, Western Digital Corporation is significantly more volatile than the market. For every 10% market move, this stock tends to move 15% in the same direction. Higher beta stocks offer greater potential returns but with increased risk. The price-to-book ratio of 4.26 shows investors value the company above its book value, which often reflects intangible assets or growth prospects.

Western Digital Corporation achieves a profit margin of 10.50%, meaning it retains $10.50 from every $100 in revenue after all expenses. This represents a solid margin typical of well-run businesses, showing the company can effectively balance revenue generation with cost control. The operating margin of 15.40% reveals how efficiently the company runs its core business operations before interest and taxes. With ROE at 13.60% and ROA at 5.56%, the company achieves moderate returns on invested capital.

Western Digital Corporation's revenue declined by 41.00% year-over-year, indicating challenges in maintaining sales momentum. This contraction may reflect market headwinds, competitive pressures, or strategic transitions. Earnings decreased by 95.90% year-over-year, reflecting the bottom-line impact of business performance. These growth metrics should be evaluated against COMPUTER STORAGE DEVICES industry averages for proper context.

Western Digital Corporation has a market capitalization of $22.08B, classifying it as a large-cap stock ($10B-$200B). Large-caps are typically industry leaders with established business models, offering a balance of stability and growth potential. They often provide dividend income and are core holdings in institutional portfolios. With 348.88M shares outstanding, the company's ownership is relatively concentrated. As a participant in the COMPUTER STORAGE DEVICES industry, it competes with other firms in this sector.

Western Digital Corporation's book value per share is $14.83, while the current stock price is $68.82, resulting in a price-to-book (P/B) ratio of 4.64. This high P/B ratio indicates significant intangible assets, strong brand value, or high growth expectations. Technology and consumer brand companies often trade at elevated P/B ratios due to intellectual property and competitive advantages not reflected on the balance sheet. As a common stock, this represents equity ownership with voting rights.

25 analysts cover WDC with 80% recommending buy/strong buy ratings. Analyst predictions have mixed reliability - studies show consensus rarely beats market returns consistently. The strong bullish consensus may already be priced in. The consensus target of $59.38 implies -13.7% downside, but targets are often adjusted to follow price moves rather than predict them.

Current analyst recommendations:5 Strong Buy, 15 Buy, 5 Hold, 00The bullish tilt suggests optimism about future prospects, though investors should conduct independent research.Remember that analyst opinions often lag price movements and can be influenced by investment banking relationships.

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MACD and moving average data are not available for this stock.