Workflow
Western Digital (WDC) Rises As Market Takes a Dip: Key Facts
Western DigitalWestern Digital(US:WDC) ZACKSยท2025-06-05 22:55

Company Performance - Western Digital's stock closed at $55.05, reflecting a +1.14% increase, outperforming the S&P 500's decline of 0.53% [1] - Over the past month, shares have appreciated by 22.87%, significantly exceeding the Computer and Technology sector's gain of 8.67% and the S&P 500's gain of 5.17% [2] Earnings Projections - The upcoming earnings report is expected to show earnings of $1.47 per share, representing a year-over-year growth of 2.08%, with projected revenue of $2.45 billion, indicating a 34.79% decrease from the same quarter last year [3] - For the annual period, earnings are anticipated to be $4.73 per share and revenue at $9.37 billion, reflecting a substantial increase of +2465% in earnings but a decrease of -27.95% in revenue compared to the previous year [4] Analyst Estimates and Rankings - Recent adjustments to analyst estimates for Western Digital indicate a dynamic business outlook, with positive revisions suggesting a favorable view on the company's health and profitability [4] - The Zacks Consensus EPS estimate has increased by 0.18% in the past month, but Western Digital currently holds a Zacks Rank of 5 (Strong Sell) [6] Valuation Metrics - Western Digital has a Forward P/E ratio of 11.5, which is lower than the industry average Forward P/E of 13.45, indicating a valuation discount [7] - The Computer-Storage Devices industry ranks in the bottom 28% of all industries, with a current Zacks Industry Rank of 178 [7][8]