- Business Wire•16 hours ago
Western Digital Corp. today announced that the company plans to release its financial results for the first fiscal quarter ended Sept. 30, 2016 after the close of the market on Wednesday, Oct.
- Barrons.com•3 days ago
Shares of hard-drive and flash-based storage vendor Western Digital (WDC) today closed down 35 cents, or 0.6%, at $58.01, despite what at least one analyst believes was a bit of bright news on the drive front. Mizuho’s Vijay Rakesh reiterated a Buy rating on the shares, and a $60 price target, writing that Toshiba’s (6502JP) forecast overnight of an increase in its outlook for profit from hard drive and flash-chip sales, as my colleague Shuli Ren wrote last night. Rakesh notes the positives from Toshiba’s comments, noting “the improved outlook is driven by better NAND pricing and better HDD." This is not entirely surprising, but “a better PC/Datacenter HDD market and tighter NAND continues to underline the conservative 2H guide,” at WDC.
- Barrons.com•4 days ago
Susquehanna Financial Group We expect additional upside to estimates for both Seagate Technology and Western Digital given the higher hard-disk-drive total available market shipments in the second half. Recent checks in Asia throughout the hard-disk-drive (HDD) manufacturing ecosystem suggest September-quarter total available market (TAM) is tracking close to 110 million, or three million better than prior expectations. All in all, although we recently increased estimates for both Seagate (STX) and Western Digital (WDC), driven mostly by better margins, we now expect further upside due to higher revenue trends in the September and December quarters.
Western Digital Corporation (WDC)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
|Bid||58.20 x 300|
|Ask||59.95 x 200|
|Day's Range||57.71 - 59.15|
|52wk Range||34.99 - 86.39|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||58.47|
|Avg Vol (3m)||5,030,312|
|Dividend & Yield||2.00 (3.43%)|