A share price of Western Digital Corp [WDC] is currently trading at $40.78, up 1.52%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The WDC shares have gain 11.70% over the last week, with a monthly amount drifted -4.32%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, The Benchmark Company upgraded its rating to Buy on April 10, 2025, and kept the price target unchanged to $55. On December 19, 2024, downgrade downgraded it’s rating to Hold. TD Cowen reiterated its Buy rating and decreased its price target to $80 on September 13, 2024. Summit Insights downgraded its rating to a Hold. Citigroup started tracking with a Buy rating for this stock on May 14, 2024, and assigned it a price target of $90. In a note dated April 26, 2024, The Benchmark Company upgraded an Buy rating on this stock but restated the target price of $85.
Western Digital Corp experienced fluctuations in its stock price throughout the past year between $28.83 and $61.62. Currently, Wall Street analysts expect the stock to reach $73.5 within the next 12 months. Western Digital Corp [NASDAQ: WDC] shares were valued at $40.78 at the most recent close of the market. An investor can expect a potential return of 80.24% based on the average WDC price forecast.
Analyzing the WDC fundamentals
Trailing Twelve Months sales for Western Digital Corp [NASDAQ:WDC] were 15.60B which represents 41.33% growth. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.11 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.6.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 40.10 points at the first support level, and at 39.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 41.27, and for the 2nd resistance point, it is at 41.75.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Western Digital Corp [NASDAQ:WDC] is 1.99. Further, the Quick Ratio stands at 1.26, while the Cash Ratio is 0.49. Considering the valuation of this stock, the price to sales ratio is 0.91, the price to book ratio is 1.17 and price to earnings (TTM) ratio is 9.73.
Transactions by insiders
Recent insider trading involved Zamiska Gene M., SVP & Princ. Acctg Officer, that happened on Mar 12 ’25 when 456.0 shares were sold. Officer, GENE M ZAMISKA completed a deal on Mar 12 ’25 to buy 456.0 shares. Meanwhile, SVP & Princ. Acctg Officer Zamiska Gene M. sold 1659.0 shares on Mar 07 ’25.
