Western Digital (WDC) Outperforms Broader Market: What You Need to Know

23.01.25 00:00 Uhr

Werte in diesem Artikel
Aktien

66,87 EUR 1,87 EUR 2,88%

Indizes

PKT PKT

6.086,4 PKT 37,1 PKT 0,61%

Western Digital (WDC) closed the latest trading day at $68.63, indicating a +1.78% change from the previous session's end. This change outpaced the S&P 500's 0.61% gain on the day. Meanwhile, the Dow experienced a rise of 0.3%, and the technology-dominated Nasdaq saw an increase of 1.28%.Shares of the maker of hard drives for businesses and personal computers have appreciated by 9.29% over the course of the past month, outperforming the Computer and Technology sector's gain of 1.24% and the S&P 500's gain of 2.08%.The investment community will be closely monitoring the performance of Western Digital in its forthcoming earnings report. The company is scheduled to release its earnings on January 29, 2025. The company's upcoming EPS is projected at $1.75, signifying a 353.62% increase compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $4.28 billion, showing a 41.06% escalation compared to the year-ago quarter.In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $6.33 per share and a revenue of $16.39 billion, indicating changes of +3265% and +26.02%, respectively, from the former year.Investors should also pay attention to any latest changes in analyst estimates for Western Digital. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability.Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 13.78% decrease. Western Digital is holding a Zacks Rank of #4 (Sell) right now.From a valuation perspective, Western Digital is currently exchanging hands at a Forward P/E ratio of 10.65. This valuation marks a discount compared to its industry's average Forward P/E of 13.43.The Computer- Storage Devices industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 95, putting it in the top 38% of all 250+ industries.The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.You can find more information on all of these metrics, and much more, on Zacks.com.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Western Digital Corporation (WDC): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks

Ausgewählte Hebelprodukte auf Western Digital

Mit Knock-outs können spekulative Anleger überproportional an Kursbewegungen partizipieren. Wählen Sie einfach den gewünschten Hebel und wir zeigen Ihnen passende Open-End Produkte auf Western Digital

NameHebelKOEmittent
NameHebelKOEmittent
Wer­bung

Quelle: Zacks

Nachrichten zu Western Digital Corp.

Wer­bung

Analysen zu Western Digital Corp.

DatumRatingAnalyst
08.08.2019Western Digital Equal WeightBarclays Capital
01.08.2019Western Digital Market PerformCowen and Company, LLC
29.07.2019Western Digital BuyCascend Securities
02.07.2019Western Digital SellThe Benchmark Company
26.06.2019Western Digital BuyCraig Hallum
DatumRatingAnalyst
29.07.2019Western Digital BuyCascend Securities
26.06.2019Western Digital BuyCraig Hallum
16.04.2019Western Digital BuyDeutsche Bank AG
22.02.2019Western Digital BuyCascend Securities
21.09.2018Western Digital BuyThe Benchmark Company
DatumRatingAnalyst
08.08.2019Western Digital Equal WeightBarclays Capital
01.08.2019Western Digital Market PerformCowen and Company, LLC
30.04.2019Western Digital HoldCraig Hallum
25.01.2019Western Digital Market PerformCowen and Company, LLC
06.12.2018Western Digital Market PerformCowen and Company, LLC
DatumRatingAnalyst
02.07.2019Western Digital SellThe Benchmark Company
10.09.2015Western Digital SellUBS AG
03.11.2009SanDisk underperformWedbush Morgan Securities Inc.
22.10.2009SanDisk neues KurszielUBS AG
12.10.2009SanDisk sellUBS AG

Um die Übersicht zu verbessern, haben Sie die Möglichkeit, die Analysen für Western Digital Corp. nach folgenden Kriterien zu filtern.

Alle: Alle Empfehlungen

Buy: Kaufempfehlungen wie z.B. "kaufen" oder "buy"
Hold: Halten-Empfehlungen wie z.B. "halten" oder "neutral"
Sell: Verkaufsempfehlungn wie z.B. "verkaufen" oder "reduce"