Overall Fundamental outlook

Business Operations:

Sector: Technology
Industry: Computer Hardware

Western Digital Corporation develops, manufactures, and sells data storage devices and solutions based on hard disk drive (HDD) technology in the United States, Asia, Europe, the Middle East, and Africa. The company offers internal HDDs, data center drives, data center platforms, external drives, portable drives, NAS for home and office, and accessories. It sells its data storage devices and solutions through its computer manufacturers, sales personnel, dealers, distributors, and retailers. Western Digital Corporation was founded in 1970 and is headquartered in San Jose, California.

Revenue projections:

Revenue projections for WDC
Revenue projections for WDC

The projected decline in Western Digital Corporation's revenues compared to last year is expected to make investors cautious. A drop in revenue often has a direct negative effect on the company's bottom line, signaling potential challenges that could undermine investor confidence and reduce overall profitability.

Financial Ratios:

currentRatio 1.455000
forwardPE 26.187263
debtToEquity 65.436000
earningsGrowth 1.896000
revenueGrowth 0.252000
grossMargins 0.427240
operatingMargins 0.319190
trailingEps 16.700000
forwardEps 16.478240

WDC's current ratio is 1.455, showing the company's capacity to service its short-term debt through its cash reserves and current assets. This is a positive indicator of liquidity, suggesting WDC has no trouble covering its short-term financial obligations.
With WDC's Forward PE in a favorable range, the stock appears reasonably priced compared to its earnings. This suggests that it's not overpriced and there is room for growth, providing an encouraging opportunity for investors seeking future value increases.
WDC's positive earnings and revenue growth indicate that the company is on track to expand its business. This growth suggests a strong financial outlook, with increasing profits and sales positioning WDC for continued success in the market.
Positive gross and operating margins for Western Digital Corporation highlight the company's profitability. These metrics reflect Western Digital Corporation's efficiency in controlling costs while generating strong revenue from its core operations, signaling robust financial health.
WDC's forward EPS is less than its trailing EPS, signaling that the company's profitability is expected to shrink. This points to a potential downturn in earnings compared to last year.

Price projections:

Price projections for WDC
Price projections for WDC

Western Digital Corporation's price projections have consistently been revised higher, indicating growing confidence in the company's future potential. Analysts appear more optimistic about Western Digital Corporation's ability to generate strong results going forward.

Insider Transactions:

Insider Transactions for WDC
Insider Transactions for WDC


29 sales transactions of WDC were conducted, with market price at 169.211424860461.No sell transactions were carried out during the period under review.The recent buying activity at current Western Digital Corporation price levels exceeds selling, suggesting a potential positive outlook. Investors may see this trend as an indicator that the stock is likely to perform well, reflecting growing confidence.

Recommendation changes over time:

Recommendations trend for WDC
Recommendations trend for WDC


Analysts are favoring Western Digital Corporation with a buy bias, highlighting the stock's potential as a solid investment. This recommendation might drive more investors to consider Western Digital Corporation as a secure and profitable option for their money, contributing to a broader positive sentiment in the market.