Western Digital(US:WDC) ZACKSยท2025-09-30 23:01Company Performance - Western Digital (WDC) closed at $120.06, with a gain of +2.84% from the previous trading session, outperforming the S&P 500's daily gain of 0.41% [1] - Prior to the latest trading day, WDC shares had increased by 45.31%, significantly surpassing the Computer and Technology sector's gain of 7.63% and the S&P 500's gain of 3.15% [1] Financial Projections - The upcoming EPS for Western Digital is projected at $1.57, indicating an 11.80% decline compared to the same quarter of the previous year [2] - Revenue is expected to be $2.7 billion, reflecting a 34.03% decrease compared to the corresponding quarter of the prior year [2] - For the entire fiscal year, earnings are projected at $6.53 per share, representing a +32.45% change, while revenue is estimated at $10.92 billion, indicating a -17.76% change from the prior year [3] Analyst Estimates and Rankings - Recent modifications to analyst estimates for Western Digital are crucial as they reflect changing business trends, with positive revisions indicating analyst optimism [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks Western Digital as 3 (Hold) [6] Valuation Metrics - Western Digital has a Forward P/E ratio of 17.87, which aligns with the industry average [7] - The company has a PEG ratio of 0.92, significantly lower than the Computer-Storage Devices industry's average PEG ratio of 2.08 [7] Industry Context - The Computer-Storage Devices industry ranks in the bottom 21% of all industries, with a Zacks Industry Rank of 196 [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]