They now have a Dollars 38 price target on the stock. Mizuho Securities’s target gives a potential upside of 18.92% from the company’s last price. Checchi Capital Advisers LLC increased its position in Western Digital Corp.by 5.1% in the second quarter. 22 of the brokerages firms have a buy or better rating; the 0 sells versus 2 underperforms. This means 63% are positive. Western Digital Corp. has been the topic of 27 analyst reports since August 27, 2015 according to StockzIntelligence Inc. They now have a Dollars 55 price target on the stock. Lastly, Mizuho upgraded the stock to “Buy” rating in a June 7 report. The share price is trading in a range of $45.83 – 46.75.
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With a market capitalization of $11.9B, Western Digital has a 52 week low of $34.99 and a 52 week high of $86.39 with a price-earnings ratio of 43. It has underperformed by 13.05% the S&P500.
As the outstanding stock of Western Digital Corporation NASDAQ:WDC Data Storage Devices is bought and sold in the stock market, the current market cap indicates the existing public opinion of the net worth of Western Digital Corporation WDC Data Storage Devices. The stock hit the peak price level of one year at $8.11 and touched the minimum level of $1.47. WDC’s profit will be $208.93M for 12.76 P/E if the $0.89 EPS becomes a reality. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.03. Its up 0.79, from 1.36 in 2015Q4. Following the transaction, the chief executive officer now owns 105,106 shares of the company’s stock, valued at $4,785,476.18. Sls Management Llc owns 72,402 shares or 5.7% of their U.S. portfolio. ROI, on the other hand, will allow the investors to appraise the effectiveness of their investment and equate the efficiency of the number of different investments.
Several institutional investors have modified their holdings of the stock.
Assisting the world harness the power of data, Western Digital Corporation (WDC) declared that Ovation Data Services, Inc. has selected the joint HGST Active Archive System and Versity Storage Manager solution to build a private storage cloud for media and entertainment and oil and gas industries as these organizations require fast and frequent access to their current and historical file-based data assets. The Companys Technology product includes: Hard Disk Drives and Solid-State Drives.
The organization is now holding a P/E ratio of 37.11 with a forward P/E ratio of 7.44, indicating how cheap or expensive the share price is which in turn reveals the sentiments of the investors. HDDs are its principal products. Cowen and Company reaffirmed a “buy” rating on shares of Western Digital Corp.in a research report on Sunday, May 29th. Hard Disk Drives provide non-volatile data storage. The company stock was downgraded to Sell from Neutral, wrote analysts at Goldman, in a research note issued to clients on Wednesday August 03, 2016.
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