WDC:NGS-Western Digital Corporation

EQUITY | Computer Hardware | Nasdaq Global Select

Last Closing

USD 55.83

Change

+0.07 (+0.13)%

Market Cap

USD 17.47B

Volume

4.90M

Analyst Target

USD 96.59
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Western Digital Corp is a developer, manufacturer and provider of data storage solutions that enable consumers, businesses, governments & other organizations to create, manage, experience & preserve digital content. Its products include HDDs and SSDs.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2018-10-18 )

Largest Industry Peers for Computer Hardware

Symbol Name Price(Change) Market Cap
SMCI Super Micro Computer Inc

-1.77 (-0.17%)

USD 56.95B
NTAP NetApp Inc

+0.50 (+0.48%)

USD 21.61B
STX Seagate Technology PLC

-0.14 (-0.15%)

USD 18.65B
LOGI Logitech International SA

-2.30 (-2.53%)

USD 14.06B
CRSR Corsair Gaming Inc

+0.28 (+2.33%)

USD 1.28B
CRCT Cricut Inc

+0.06 (+1.31%)

USD 1.03B
SSYS Stratasys Ltd

+0.35 (+3.05%)

USD 0.81B
NNDM Nano Dimension Ltd

+0.05 (+1.82%)

USD 0.64B
CAN Canaan Inc

+0.01 (+0.71%)

USD 0.33B
RGTI Rigetti Computing Inc

+0.03 (+1.99%)

USD 0.29B

ETFs Containing WDC

MRND 2.14 % 0.00 %

N/A

N/A
QQJG Invesco ESG NASDAQ Next G.. 2.06 % 0.00 %

+0.22 (+0.27%)

USD 5.60M
QQJE:CA Invesco ESG NASDAQ Next G.. 2.06 % 0.00 %

N/A

CAD 0.93M
RYT Invesco S&P 500® Equal W.. 1.78 % 0.40 %

N/A

USD 4.09B
RSPT Invesco S&P 500® Equal.. 1.75 % 0.00 %

+0.34 (+0.27%)

USD 3.61B
SDHY:SW iShares $ Short Duration .. 1.08 % 0.00 %

+0.22 (+0.27%)

USD 0.82B
SYBK:F SSgA SPDR ETFs Europe I p.. 0.78 % 0.00 %

+0.09 (+0.27%)

USD 0.14B
SYBK:XETRA SPDR Barclays 0-5 Year US.. 0.78 % 0.00 %

+0.08 (+0.27%)

USD 0.13B
SJNK:SW SPDR® Bloomberg SASB U.S.. 0.78 % 0.00 %

+0.12 (+0.27%)

USD 0.14B
LYXE:F Lyxor BofAML USD High Yie.. 0.47 % 0.00 %

+0.42 (+0.27%)

N/A
LYXE:XETRA Amundi USD High Yield Cor.. 0.47 % 0.00 %

-0.07 (0.27%)

USD 0.18B
LYX8:XETRA Amundi USD High Yield Cor.. 0.47 % 0.00 %

-0.07 (0.27%)

USD 0.18B
USHYC:SW Lyxor Index Fund - Lyxor .. 0.47 % 0.00 %

+0.02 (+0.27%)

USD 0.01B
BKLN Invesco Senior Loan ETF 0.00 % 0.63 %

+0.04 (+0.27%)

USD 6.60B
DVYL 0.00 % 0.00 %

N/A

N/A
PHB Invesco Fundamental High .. 0.00 % 0.50 %

+0.05 (+0.27%)

USD 0.67B
HBGD:CA Horizons Big Data & Hardw.. 0.00 % 0.00 %

-0.01 (0.27%)

CAD 0.01B
HBGD-U:CA Horizons Big Data & Hardw.. 0.00 % 0.00 %

N/A

CAD 0.02B
IDAT Ishares Trust - Cloud Dat.. 0.00 % 0.00 %

+0.13 (+0.27%)

USD 7.03M

Market Performance

  Market Performance vs. Industry/Classification (Computer Hardware) Market Performance vs. Exchange (Nasdaq Global Select)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -29.80% 18% F 18% F
Dividend Return 1.89% 66% D+ 62% D
Total Return -27.91% 19% F 19% F
Trailing 12 Months  
Capital Gain -34.70% 20% F 17% F
Dividend Return 2.34% 62% D 59% D-
Total Return -32.36% 20% F 17% F
Trailing 5 Years  
Capital Gain -22.20% 27% F 30% F
Dividend Return 12.96% 77% C+ 56% F
Total Return -9.24% 36% F 32% F
Average Annual (5 Year Horizon)  
Capital Gain 7.48% 49% F 51% F
Dividend Return 10.13% 50% F 54% F
Total Return 2.65% 72% C 66% D+
Risk Return Profile  
Volatility (Standard Deviation) 47.15% 30% F 22% F
Risk Adjusted Return 21.49% 47% F 39% F
Market Capitalization 17.47B 98% N/A 96% N/A

Key Financial Ratios

  Ratio vs. Industry/Classification (Computer Hardware) Ratio vs. Market (Nasdaq Global Select)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 24.59 26% 21%
Price/Book Ratio 1.46 67% 64%
Price / Cash Flow Ratio 1.02 69% 58%
Price/Free Cash Flow Ratio 4.91 63% 50%
Management Effectiveness  
Return on Equity 5.85% 61% 55%
Return on Invested Capital 16.50% 85% 81%
Return on Assets 2.28% 56% 69%
Debt to Equity Ratio 103.00% 16% 25%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector