• News
  • Money

Western Digital (WDC) Updates Q2 Earnings Guidance

Western Digital has $140 highest and $39 lowest target. $107.45's average target is 27.86% above currents $84.04 stock price. Western Digital confirmed reports earlier in the day of a settlement with a filing Tuesday afternoon that breaks down the revised agreement for new manufacturing facilities. The rating was upgraded by Bank of America to "Buy" on Thursday, September 10. The Return on Investment (ROI) ratio of Western Digital Corporation (WDC) is 6.4 percent. Maxim Group maintained Western Digital Corporation (NASDAQ:WDC) rating on Tuesday, June 27. The stock has "Sector Weight" rating by Pacific Crest on Tuesday, April 19. As per Wednesday, December 7, the company rating was maintained by Mizuho. Deutsche Bancorporation Ag stated it has 0.06% in Western Digital Corporation (NASDAQ:WDC). As per Friday, October 20, the company rating was maintained by Jefferies. ETSY's SI was 4.72M shares in December as released by FINRA. Its up 184.79% from 222,200 shares previously. The SI to Remark Holdings Incorporated's float is 4.19%. The stock appeared $32.92 above its 52-week highs and is up 0.51% for the last five trades. Beta factor was calculated at 1.13. Etsy, Inc. (NASDAQ:ETSY) has risen 61.92% since December 13, 2016 and is uptrending. It has outperformed by 13.38% the S&P500. Its the same as in 2017Q1. It increased, as 41 investors sold Western Digital Corporation shares while 243 reduced holdings. California Public Employees Retirement System owned 0.22% of Western Digital worth $56,879,000 at the end of the most recent reporting period. Art Advsr Lc owns 33,500 shares for 0.16% of their portfolio. Proshare Advsr Ltd Limited Liability Company holds 7,771 shares or 0.01% of its portfolio. Primecap Ca holds 0.09% or 1.12 million shares in its portfolio.

Analysts on average have given a price target of $114.85 to Western Digital Corporation (WDC) stock. Proshare Advsrs Llc reported 116,199 shares or 0.1% of all its holdings. Millennium Ltd Liability Com, a New York-based fund reported 677,519 shares.

Driving interest in Western Digital Corporation (WDC) is a number of factors, including perhaps, a steady decrease of the profile of the company as insider activity takes center stage. S&T Bankshares Pa invested 4.16% of its portfolio in Western Digital Corporation (NASDAQ:WDC). SSI Investment Management Inc. purchased a new stake in Western Digital in the 2nd quarter valued at $207,000. Nevada-based Navellier And Assoc Inc has invested 0.51% in Western Digital Corporation (NASDAQ:WDC). The company has market cap of $24.86 billion. It offers performance hard disk drives that are used in enterprise servers, data analysis, and other enterprise applications; capacity HDDs and drive configurations for use in data storage systems and tiered storage models; and enterprise solid state drives (SSDs), including NAND-flash SSDs and software solutions that are created to enhance the performance in various enterprise workload environments. Companies with a high P/E ratio are typically growth stocks. The firm also provides system solutions that offer petabyte scalable capacity; data storage platforms and systems; datacenter software and systems; and HDDs and SSDs for desktop and notebook PCs, gaming consoles, security surveillance systems, and set top boxes.

Analysts await Waters Corporation (NYSE:WAT) to report earnings on January, 23. The stock ended last trade at 31.83 a share and the price is up more than 58.36% so far this year. The data storage provider reported $3.56 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $3.01 by $0.55.

Western Digital said it expects revenue for the December quarter of $5.3 billion, above analyst estimates for $5.28 billion, and adjusted earnings of $3.80 per share, vs. forecasts of $3.67.

Since August 3, 2017, it had 0 insider purchases, and 10 selling transactions for $6.56 million activity. DeMaria Jacqueline had sold 14,358 shares worth $1.21 million on Thursday, August 3. The insider Sivaram Srinivasan sold 3,098 shares worth $263,330. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.39%. The company has its outstanding shares of 295 Million. Shares for $134,239 were sold by LONG MARK P on Wednesday, August 23. The NASDAQ-listed company saw a recent bid of $81.77 on volume of 2.51 million shares.

Western Digital Cp (WDC) presently has a 14-day Commodity Channel Index (CCI) of 42.67. It has outperformed by 109.15% the S&P500. The average analysts gave this company a mean recommendation of 2.00. The firm offers approximately 45 million items across approximately 50 retail categories to buyers. Waters Corporation had 45 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by Maxim Group on Friday, July 28 with "Buy". Texas Permanent School Fund reported 22,489 shares. The firm has "Market Perform" rating by Cowen & Co given on Monday, April 11.

Equities researchers at Morgan Stanley now has a $92 target on Western Digital (NASDAQ:WDC).

Leave Your Comment

Leave Your Comment


Latest News

Breaking News



Recommended

Merriam-Webster's word of the year for 2017 is 'feminism'

The word also saw an increase due to female-heavy casts and storylines of women's empowerment in entertainment. In a year that brought us a lot of buzzwords, dictionary Merriam-Webster has chosen " feminism " as its No. 1.

Gold Extends Recent Slide With Fed in Focus

Platinum rose 0.2% to $878.20 an ounce, after touching its lowest since February 2016 at $868.80 in the previous session. Among base metals, copper for March delivery swung between small gains and losses and closed up 0.4% at $3.0230 a pound.

Baby in critical condition, man stabbed in attack at Toronto condo

Peel paramedics confirmed to CP24 that the woman sustained lacerations to her arms and was taken to a Mississauga hospital. Police also found the injured man at the scene and eventually found the woman as well.

Charlottesville City Council Reveals Proposed Changes to Permit Process

On Thursday, 20-year-old James Alex Fields is due in a Charlottesville courtroom for a hearing. Heaphy said Charlottesville police failed to protect the public.

NFL Network Sexual Harassment Bombshell Lawsuit Names Names Including Marshall Faulk,

Former NFL Network executive Eric Weinberger and former NFL Network analyst Donovan McNabb are among those named in the suit. Another sexual harassment scandal has been unleashed and this time it affects personnel at the NFL Network .

Putin Declares Victory on Surprise Syria Visit, Announces Partial Pullout

Putin made the stopover at the base in Latakia province, a regime stronghold, on his way to Egypt where he arrived later on December 11.

U.S. military chopper's window falls on Japanese school

The US military admitted that the object is part of a CH-53E helicopter that belongs to the Futenma base. Japan's central government and Okinawa authorities have been at odds for years over the Futenma base.

Lallana's Fitness to be Closely Managed, Moreno and Matip Still Sidelined

Lallana is expected to be back sooner than centre back Joel Matip , who is recovering from a thigh problem. "That's it. He trains completely normally. "It's not clear, we play tomorrow but not clear", Klopp said in his press conference.

English Premier League match report Liverpool v Everton 10 December 2017

Rooney converted the spot-kick, and manager Jurgen Klopp was left raging on the sidelines as the game ended in a draw. Everton have lost just one of their past six Premier League games, after losing six of their previous eight.

Global arms sales rise for first time in five years

Japan is clubbed with Australia, Israel, Poland, Singapore and Ukraine under other established producers' category. Russian companies accounted for 7.1 per cent of the overall total.