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After finishing at $41.78 in the prior trading day, Western Digital Corp (NASDAQ: WDC) closed at $34.15, down -18.26%. In other words, the price has decreased by -$18.26 from its previous closing price. On the day, 21.3 million shares were traded. WDC stock price reached its highest trading level at $38.9 during the session, while it also had its lowest trading level at $34.005.
Ratios:
Our goal is to gain a better understanding of WDC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.41. For the most recent quarter (mrq), Quick Ratio is recorded 1.26 and its Current Ratio is at 1.99. In the meantime, Its Debt-to-Equity ratio is 0.66 whereas as Long-Term Debt/Eq ratio is at 0.64.
On September 13, 2024, TD Cowen reiterated its Buy rating and also upped its target price recommendation from $95 to $80.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 12 ’25 when Zamiska Gene M. sold 456 shares for $43.37 per share. The transaction valued at 19,777 led to the insider holds 43,320 shares of the business.
GENE M ZAMISKA bought 456 shares of WDC for $19,777 on Mar 12 ’25. On Mar 07 ’25, another insider, Zamiska Gene M., who serves as the SVP & Princ. Acctg Officer of the company, sold 1,659 shares for $41.36 each. As a result, the insider received 68,616 and left with 43,776 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WDC now has a Market Capitalization of 11878190080. As of this moment, Western’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.15, and their Forward P/E ratio for the next fiscal year is 6.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76 while its Price-to-Book (P/B) ratio in mrq is 0.98.
Stock Price History:
The Beta on a monthly basis for WDC is 1.45, which has changed by -0.38202095 over the last 52 weeks, in comparison to a change of 0.036926866 over the same period for the S&P500. Over the past 52 weeks, WDC has reached a high of $61.62, while it has fallen to a 52-week low of $39.10. The 50-Day Moving Average of the stock is -26.69%, while the 200-Day Moving Average is calculated to be -31.25%.
Shares Statistics:
The stock has traded on average 8.50M shares per day over the past 3-months and 7870050 shares per day over the last 10 days, according to various share statistics. A total of 348.00M shares are outstanding, with a floating share count of 344.61M. Insiders hold about 0.92% of the company’s shares, while institutions hold 97.65% stake in the company. Shares short for WDC as of 1741910400 were 33483340 with a Short Ratio of 3.94, compared to 1739491200 on 29571941. Therefore, it implies a Short% of Shares Outstanding of 33483340 and a Short% of Float of 10.86.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 3.23.
