Western Digital Corp are listed in the Technology sector within NASDAQ. The average forecast of sales for the year ending Dec 16 is $9.18B by 16 analysts.
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Shares of West Corp.
On the company’s financial health, Western Digital Corp reported $0.79 EPS for the quarter, beating the analyst consensus estimate by $ 0.08 according to the earnings call on Jul 28, 2016. Further, it is possible that the company may register per share earnings of $1.16 in the near-term quarter and $4.24 for the ongoing fiscal.
The stock has received rating from many Reuters analysts.
In Western Digital Corp (NASDAQ:WDC)’s most recent quarter, EPS moved to $0.79 from $1.21 in prior quarter and revenues reached at $3,495.00M versus $2,822.00M. BlackRock Institutional Trust Company N.A. raised its stake in West Corp.by 1.5% in the first quarter. Eagle Asset Management now owns 1,061,186 shares of the company’s stock worth $23,770,000 after buying an additional 528,558 shares in the last quarter. The company has a market cap of $23.00 billion and the numbers of outstanding shares have been calculated to be 1.04 billion shares. Rhumbline Advisers raised its stake in West Corp.by 3.6% in the fourth quarter. Western Digital Corp makes up approx 0.05% of Ngam Advisors’s portfolio.
In related news, CEO Thomas B. Barker acquired 25,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 31st. It holds an average volume of 6.37 million shares. The Long Term Debt/Equity is valued 1.22 with the Total Debt/Equity of 1.52.
Insiders own 2% percent of the stock. Meanwhile, EVP, Chief Legal Officer & Sec RAY MICHAEL CHARLES sold 1,863 shares worth $118000.47, through a transaction dated 2015-12-07. The investment firm sold 811 shares of WDC which is valued $42,180. The shares were sold at an average price of $24.00, for a total value of $360,000.00. The disclosure for this sale can be found here. 0 analysts have suggested “Sell” for the company. William Blair reiterated a “buy” rating on shares of West Corp.in a research report on Friday, May 6th. The rating firm gave a Outperform rating to this stock in a research note on Jul 29, 2016.Mizuho analysts issued their verdict on Western Digital Corp (NASDAQ:WDC) recently.
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Western Digital Corporation (NASDAQ:WDC) down -17.5% for the past 5 days, is under coverage of 32 analysts who collectively assign a hold rating on stock. This rating has held steady since July, when it was unchanged from a buy rating. West Corp. now has an average rating of “Hold” and an average target price of $26.00. The company addresses ever-changing market needs by providing a full portfolio of compelling, high-quality storage solutions with customer-focused innovation, high efficiency, flexibility and speed. The Company operates through four segments: Unified Communications Services, which includes collaboration services, Unified Communications as a Service (UCaaS) and telecom services; Safety Services, which includes 9-1-1 network services, 9-1-1 telephony systems and services, 9-1-1 solutions for enterprises and database management; Interactive Services, which includes notifications and mobility, interactive voice response (IVR) self-service, cloud contact center and professional services, and Specialized Agent Services, which includes healthcare advocacy services, cost management services and revenue generation.
