The dominant statistics will authorize the investment community to govern the size of Western Digital Corporation compared to the sales or total assets figures. 20 said a “Buy Rating” and 2 announced “Overweight Rating”. Stock prices often move to the upside on recommendations and new price targets of professional brokerage firms.
Advertisement
“The Sandisk deal was expensive, dilutive to near-term models, and took time for the Street to digest; but WD is now primed to reap the spoils as a one-stop, vertically-integrated, media-agnostic storage provider that should generate substantial earnings accretion in FY18 on the favorable demand backdrop combined with reductions in operating and interest expense”.
Financial Times reported that The 22 analysts offering 12 month price targets for Vodafone Group plc have a median target of 255.00, with a high estimate of 310.00 and a low estimate of 155.00. Western Digital Corporation (WDC) gained $0.2 intraday at $51.79 and registrered 0.39% for the week.
During last 5 trades the stock sticks nearly 10.14%. Craig Hallum lifted their price target on shares of Western Digital Corp. from $56.00 to $67.00 and gave the company a buy rating in a report on Thursday, September 8th. UNIS WDC will market and sell Western Digital’s datacenter storage systems, including its HGST Active Archive system, in China.
With its total market value of the company’s outstanding shares, the market cap of Western Digital Corporation (NASDAQ:WDC) in today’s trade was 15317.29.
The most bullish analyst projection sees the stock reaching $10.5 within the next 12-18 months while the most conservative estimate stands at $6.
Shares of Western Digital Corp. WDC’s value Change from Open was at -0.29% with a Gap of 0.40%.
Shareholders also seek price-to-earnings ratio to short-list value stocks. The joint venture company will also invest in the development of new products and enhancements to Western Digital’s products to create innovative solutions that address the evolving needs of the big data market in China. The Company has 52-week high of $86.39 and 52-week low of $34.99. Western Digital Corp makes up approx 1.18% of Buckhead Capital Management’s portfolio. (NASDAQ:WDC) last released its quarterly earnings results on Thursday, July 28th. Western Digital Corp. The business had revenue of $3.50 billion for the quarter, compared to analyst estimates of $3.44 billion.
Earnings per share is arguably the most important indicator for a company and the shares. Western Digital Corp. Western Digital Corp.’s revenue for the quarter was up 9.5% on a year-over-year basis. Western Digital Corporation (NASDAQ:WDC) now has a rating of 1.64 based on 16 research broker recommendations. The company’s management has announced Sep 28, 2016 as the ex-dividend date and fixed the record date on Sep 30, 2016.
Advertisement
Western Digital Corporation (NASDAQ:WDC) Data Storage Devices shows a Dividend Yield of 3.82% with a Payout Ratio of 164.30%.
