The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Western Digital Corp (NASDAQ: WDC) closed at $40.54 down -2.78% from its previous closing price of $41.70. In other words, the price has decreased by -$2.78 from its previous closing price. On the day, 10.56 million shares were traded.
Ratios:
For a deeper understanding of Western Digital Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.04. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 07 ’25 when Zamiska Gene M. sold 1,659 shares for $41.36 per share. The transaction valued at 68,616 led to the insider holds 43,776 shares of the business.
GENE M ZAMISKA bought 1,659 shares of WDC for $68,616 on Mar 07 ’25. On Nov 29 ’24, another insider, Zamiska Gene M., who serves as the SVP & Princ. Acctg Officer of the company, sold 313 shares for $72.63 each. As a result, the insider received 22,733 and left with 28,383 shares of the company.
Valuation Measures:
As of this moment, Western’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.67, and their Forward P/E ratio for the next fiscal year is 7.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.90 while its Price-to-Book (P/B) ratio in mrq is 1.16.
Stock Price History:
Over the past 52 weeks, WDC has reached a high of $61.62, while it has fallen to a 52-week low of $39.87. The 50-Day Moving Average of the stock is -16.52%, while the 200-Day Moving Average is calculated to be -20.54%.
Shares Statistics:
A total of 348.00M shares are outstanding, with a floating share count of 344.74M. Insiders hold about 0.89% of the company’s shares, while institutions hold 97.70% stake in the company.
