Ratings Western Digital Corporation

Equities

WDC

US9581021055

Real-time Estimate Cboe BZX Other stock markets 10:19:57 2024-04-23 am EDT			5-day change	1st Jan Change
68.9 ^USD	+2.77%		-3.57%	+30.84%

Apr. 22	Barclays Adjusts Western Digital's Price Target to $80 From $70, Keeps Overweight Rating	MT
Apr. 22	Raymond James Downgrades Western Digital to Market Perform From Outperform	MT

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
The company presents an interesting fundamental situation from a short-term investment perspective.

Strengths

Sales forecast by analysts have been recently revised upwards.
For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
Analysts covering this company mostly recommend stock overweighting or purchase.
The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months.
The opinion of analysts covering the stock has improved over the past four months.
Consensus analysts have strongly revised their opinion of the company over the past 12 months.
The group usually releases upbeat results with huge surprise rates.

Weaknesses

The company is in debt and has limited leeway for investment
Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
The price targets of analysts who cover the stock differ significantly. This implies difficulties in evaluating the company and its business.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Computer Hardware

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
WESTERN DIGITAL CORPORATION	+30.84%	21.89B		C+
NETAPP, INC.	+11.63%	20.21B		B+
PURE STORAGE, INC.	+43.73%	16.41B		D-
SHANNON SEMICONDUCTOR TECHNOLOGY CO.,LTD.	+3.34%	2.21B		-
INNODISK CORPORATION	-12.02%	743M		-
QUANTA STORAGE INC.	-0.49%	696M	-	D-
NETAC TECHNOLOGY CO., LTD.	-34.29%	636M	-	-
ARGOSY RESEARCH INC.	-9.91%	426M	-	-
NETLIST, INC.	-22.69%	367M	-	C-
AUSTRIACARD HOLDINGS AG	+3.17%	248M		-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes