Stick With Western Digital Corp. (WDC). The Bull Are Alive And Well

Currently, there are 322.00M common shares owned by the public and among those 319.65M shares have been available to trade.

Insiders at the company have transacted a total of 67 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 20 of these insider trades were purchases, accounting for 490,863 shares. Insider sales of the common stock occurred on 47 occasions, with total insider shares sold totaling 551,373 shares.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

However, the script later moved the day high at 55.94, down -3.45%. The company’s stock has a 5-day price change of -5.32% and 22.98% over the past three months. WDC shares are trading 5.67% year to date (YTD), with the 12-month market performance up to 28.67% higher. It has a 12-month low price of $31.97 and touched a high of $60.55 over the same period. WDC has an average intraday trading volume of 1.07 shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -3.00%, 4.67%, and 25.48% respectively.

Institutional ownership of Western Digital Corp. (NASDAQ: WDC) shares accounts for 87.54% of the company’s 322.00M shares outstanding.

It has a market capitalization of $17.94B and a beta (3y monthly) value of 1.54. The earnings-per-share (ttm) stands at -$7.19. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.07% over the week and 2.43% over the month.

Analysts forecast that Western Digital Corp. (WDC) will achieve an EPS of $Teradata Corporation for the current quarter, $38.22 for the next quarter and $Stocks for Type. The lowest estimate earnings-per-share for the quarter is $WESCO International, Inc. while analysts give the company a high EPS estimate of $Western Digital Corporation. Comparatively, EPS for the current quarter was $W. P. Carey Inc. REIT a year ago. Earnings per share for the fiscal year are expected to increase by 54.06%, and 464.47% over the next financial year.

Looking at the support for the WDC, a number of firms have released research notes about the stock. TD Cowen stated their Outperform rating for the stock in a research note on January 26, 2024, with the firm’s price target at $50-$75.

Most Popular

Related Posts