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WDC

35.45USD-0.39(-1.09%)Market Closed

Western Digital Corp

Market Summary

USD35.45-0.39Market Closed
-1.09%

WDC Alerts

WDC Stock Price

RSI Chart

Valuation

Market Cap

11.2B

Price/Earnings

7.44

Price/Sales

0.59

Price/Cashflow

5.94

MarketCap/EBT

5.26

Price/Sales

Profitability

EBT Margin

11.30%

Return on Equity

12.27%

Return on Assets

5.71%

Fundamentals

Revenue

Revenue (TTM)

17.5B

Revenue Y/Y

-26.03%

Revenue Q/Q

-17.49%

Earnings

Earnings (TTM)

917.0M

Earnings Y/Y

-95.57%

Earnings Q/Q

-91.03%

Price Action

52 Week Range

69.36
(Low)(High)

Last 7 days

-5.1%

Last 30 days

2.5%

Last 90 days

-14.9%

Trailing 12 Months

-37.7%

Financial Health

Current Ratio

1.81

Debt/Equity

0.57

Debt/Cashflow

0.27

Investor Care

Shares Dilution (1Y)

1.93%

Diluted EPS (TTM)

2.91

Peers (Alternatives to Western Digital)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.4T
394.3B
2.09% -9.22%
23.61
5.98
7.79% 5.41%
28.2B
64.9B
9.86% -19.65%
4.48
0.44
4.49% 54.81%
15.1B
6.5B
-3.54% -24.31%
15.9
2.34
8.27% 56.58%
11.2B
17.5B
2.52% -37.75%
7.44
0.59
-3.17% -38.50%
10.6B
10.6B
7.03% -48.38%
9.22
1
-7.85% -28.76%
10.0B
5.2B
9.13% 6.65%
23.62
1.94
10.61% 181.21%
MID-CAP
9.1B
2.5B
-4.33% -6.30%
-633.08
3.59
39.26% 94.37%
3.6B
6.0B
7.25% 102.38%
12.61
0.69
57.15% 301.21%
2.9B
7.9B
16.45% -41.86%
34.88
0.37
16.53% 179.55%
2.2B
6.9B
13.40% -11.39%
-3.47
0.32
-3.45% -476.43%
SMALL-CAP
1.2B
556.2M
20.47% -53.89%
5.13
2.01
-12.75% -133.51%
185.0M
3.6B
-7.56% -74.76%
-0.44
0.05
-10.12% -412.98%
139.6M
386.8M
-5.22% -77.95%
-3.64
0.37
3.76% -22.37%
65.7M
71.9M
-8.03% -38.69%
43.87
0.95
23.75% -78.12%
14.1M
22.2M
14.52% -59.04%
6.75
0.57
2.03% -88.84%

Financials for Western Digital

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue-7.0%17,47818,79319,18518,94118,051
Gross Profit-11.6%5,1905,8745,9955,9055,282
Operating Expenses-1.8%3,4193,4833,4913,4083,354
  S&GA Expenses-3.9%1,0731,1171,1481,1541,140
Earnings Before Taxes-29.2%1,5032,1232,2082,1951,634
Net Income-38.9%9171,5001,8211,9931,491
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-2.2%25,68626,25925,69926,02526,391
  Current Assets-4.0%9,0719,4539,1789,5359,856
    Cash Equivalents-11.9%2,0492,3272,5052,5313,290
  Inventory6.2%3,8623,6383,6613,6473,544
  Net PPE1.3%3,7183,6703,4883,3673,260
  Goodwill0.0%10,03710,04110,06110,06510,066
Liabilities-3.3%13,57914,03813,71514,00715,030
  Current Liabilities-5.2%4,9665,2374,3974,9294,709
  Long Term Debt-2.0%7,0227,1627,3088,521-
    LT Debt, Current-100.0%-75251251-
    LT Debt, Non Current0.7%7,0717,0227,0877,0578,270
Shareholder's Equity-0.9%12,10712,22111,98412,01811,361
  Retained Earnings1.3%9,1579,0398,7388,7138,149
  Additional Paid-In Capital-2.5%3,6413,7333,6003,5193,401
Accumulated Depreciation1.5%8,4258,3008,2198,0687,921
Shares Outstanding1.0%318315313313311
Float-17,000----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-27.4%1,3651,8802,5792,2972,056
  Share Based Compensation3.1%336326328325318
Cashflow From Investing7.4%-1,104.00-1,192.00-1,025.00-898.00-911.00
Cashflow From Financing13.9%-1,479.00-1,718.00-1,778.00-1,823.00-853.00
  Dividend Payments-0
* denotes actual numbers (not divided by Millions)

Risks

What is the probability of a big loss on WDC?

92.3%


Probability that Western Digital stock will be more than 20% underwater in next one year

80.4%


Probability that Western Digital stock will be more than 30% underwater in next one year.

49.2%


Probability that Western Digital stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does WDC drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Western Digital was unfortunately bought at previous high price.

Returns

Cumulative Returns on WDC

2.8%


10-Year Cumulative Returns

-6.1%


7-Year Cumulative Returns

-13.3%


5-Year Cumulative Returns

-8.8%


3-Year Cumulative Returns

What are the long-term rolling returns for WDC?

FIve years rolling returns for Western Digital.

Which funds bought or sold WDC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
NEW
-
222,000
222,000
0.23%
2022-11-23
Eagle Bay Advisors LLC
ADDED
3.05
-16,559
51,000
0.03%
2022-11-23
Toroso Investments, LLC
ADDED
19.85
-72,000
485,000
0.02%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
913,000
913,000
0.01%
2022-11-22
B. Riley Wealth Advisors, Inc.
ADDED
49.09
20,000
251,000
0.01%
2022-11-22
CVA Family Office, LLC
-
-
-5,000
17,000
-%
2022-11-21
Sunbelt Securities, Inc.
-
-
-238,000
-
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
-7,644,000
16,941,000
0.03%
2022-11-21
FourThought Financial, LLC
-
-
-
22,000
-%
2022-11-18
National Pension Service
REDUCED
-3.22
-10,157,000
23,109,000
0.05%

1–10 of 36

Latest Funds Activity

Are funds buying WDC calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own WDC

Western Digital News

MarketWatch

Seagate Technology Holdings PLC stock outperforms competitors despite losses on the day.36 hours ago

WDC Fair Value

Western Digital fair value in different scenarios

The table shows the Fair Value estimates for Western Digital for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

42.06

18.65%

52.02

46.74%

74.12

109.08%

101.15

185.33%

118.55

234.41%

Current Inflation

40.10

13.12%

49.14

38.62%

67.00

89.00%

90.20

154.44%

104.87

195.83%

Very High Inflation

37.58

6.01%

45.48

28.29%

58.56

65.19%

77.37

118.25%

88.95

150.92%

Historical Western Digital Fair Value Estimates


Recent SEC filings of Western Digital

View All Filings
Date Filed Form Type Document
Nov 29, 2022
4
Insider Trading
Nov 29, 2022
4
Insider Trading
Nov 29, 2022
4
Insider Trading
Nov 29, 2022
4
Insider Trading
Nov 29, 2022
4
Insider Trading
Nov 18, 2022
S-8
Employee Benefits Plan
Nov 18, 2022
8-K
Current Report
Nov 17, 2022
4
Insider Trading
Nov 17, 2022
4
Insider Trading
Nov 17, 2022
4
Insider Trading

Latest Insider Trading transactions for WDC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-27
Goeckeler David
SOLD FOR TAXES
-109,780
37.34
-2,940
Chief Executive Officer
2022-11-27
Zamiska Gene M.
SOLD FOR TAXES
-6,198.44
37.34
-166
SVP & Princ. Acctg Officer
2022-11-27
RAY MICHAEL CHARLES
SOLD FOR TAXES
-19,976.9
37.34
-535
EVP, Chief Legal Officer & Sec
2022-11-27
SODERBERY ROBERT
SOLD FOR TAXES
-32,485.8
37.34
-870
EVP & GM, Flash Business
2022-11-27
Sivaram Srinivasan
SOLD FOR TAXES
-34,278.1
37.34
-918
President, Tech & Strategy
2022-11-16
Caulfield Thomas
ACQUIRED
-
-
6,589
-
2022-11-16
DOLUCA TUNC
ACQUIRED
-
-
6,589
-
2022-11-16
MASSENGILL MATTHEW E
ACQUIRED
-
-
7,962
-
2022-11-16
STREETER STEPHANIE A
ACQUIRED
-
-
7,688
-
2022-11-16
Alexy Kimberly
ACQUIRED
-
-
6,589
-

1–10 of 50

David V. Goeckeler
65535
Western Digital Corporation develops, manufactures, and sells data storage devices and solutions in the United States, China, Hong Kong, Europe, the Middle East, Africa, rest of Asia, and internationally. It offers client devices, including hard disk drives (HDDs) and solid state drives (SSDs) for computing devices, such as desktop and notebook personal computers (PCs), smart video systems, gaming consoles, and set top boxes; flash-based embedded storage products for mobile phones, tablets, notebook PCs, and other portable and wearable devices, as well as automotive, Internet of Things, industrial, and connected home applications; and flash-based memory wafers. The company also provides data center devices and solutions comprising enterprise helium hard drives; enterprise SSDs consisting of flash-based SSDs and software solutions for use in enterprise servers, online transactions, data analysis, and other enterprise applications; data center solutions for data storage systems and tiered storage models; and data storage platforms. In addition, it offers client solutions, such as external HDD storage products in mobile and desktop form; client portable SSDs; removable cards that are used in consumer devices comprising mobile phones, tablets, imaging systems, and cameras and smart video systems; universal serial bus flash drives for use in the computing and consumer markets; and wireless drive products used in-field back up of created content, as well as wireless streaming of high-definition movies, photos, music, and documents to tablets, smartphones, and PCs. The company sells its products under the G-Technology, SanDisk, and WD brands to original equipment manufacturers, distributors, dealers, resellers, and retailers. Western Digital Corporation was founded in 1970 and is headquartered in San Jose, California.

WDC Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Sep. 30, 2022
Oct. 01, 2021
Income Statement [Abstract]  
Revenue, net$ 3,736$ 5,051
Cost of revenue2,7553,386
Gross profit9811,665
Operating expenses:  
Research and development552578
Selling, general and administrative247291
Employee termination, asset impairment, and other charges2418
Total operating expenses823887
Operating income158778
Interest and other income (expense):  
Interest income22
Interest expense(70)(78)
Other income (expense), net(6)2
Total interest and other expense, net(74)(74)
Income before taxes84704
Income tax expense5794
Net income$ 27$ 610
Income per common share:  
Basic (in dollars per share)$ 0.09$ 1.97
Diluted (in dollars per share)$ 0.08$ 1.93
Weighted average shares outstanding:  
Basic (in shares)316310
Diluted (in shares)319316

WDC Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2022
Jul. 01, 2022
Current assets:  
Cash and cash equivalents$ 2,049$ 2,327
Accounts receivable, net2,4222,804
Inventories3,8623,638
Other current assets738684
Total current assets9,0719,453
Non-current assets:  
Property, plant and equipment, net3,7183,670
Notes receivable and investments in Flash Ventures1,2191,396
Goodwill10,03710,041
Other intangible assets, net174213
Other non-current assets1,4671,486
Total assets25,68626,259
Current liabilities:  
Accounts payable1,6861,902
Accounts payable to related parties295320
Accrued expenses1,5921,636
Income taxes payable986869
Accrued compensation407510
Total current liabilities4,9665,237
Non-current liabilities:  
Long-term debt7,0717,022
Other liabilities1,5421,779
Total liabilities13,57914,038
Commitments and contingencies (Notes 10, 11, 13 and 16)
Shareholders’ equity:  
Common stock, $0.01 par value; authorized — 450 shares; issued — 318 shares and 315 shares, respectively; outstanding — 318 shares and 315 shares, respectively33
Additional paid-in capital3,6413,733
Accumulated other comprehensive loss(694)(554)
Retained earnings9,1579,039
Total shareholders’ equity12,10712,221
Total liabilities and shareholders’ equity$ 25,686$ 26,259